Why do Bitcoin and EC10 sometimes look more expensive on the EasyCrypto platform and other SA exchanges than a google search quote?

Subject to South Africa’s Exchange Control Regulations, we deploy all ZAR deposits to the relevant ranked Cryptocurrencies that make up the EC10 Index on SA exchanges. Crypto prices are generally a bit higher in South Africa, hence the apparent difference. When selling your Bitcoin, Ethereum or EC10 for ZAR again, the opposite applies and this premium works in your favour. This “arbitrage” or difference in price is not applied on a good search quote or on foreign crypto (decentralised or not) exchanges that simply multiply crypto prices by a delayed ZAR exchange rate.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.