SA Crypto exchange launches no-exchange fees October 

South African cryptocurrency exchange platform ChainEX has launched an initiative for October. For the new and limited initiative, new users registered to the platform will be provided will be entitled to no exchange fees. 

 New registered platform users will be entitled to no exchange fees for October 

ChainEX recently launched an instant trade on deposit feature for its users. The new feature enables traders using the platform to automatically executed and complete trades without having to manually do so, this will occur once a traders deposit has cleared. 

Michael Bernardt, head of community at ChainEX comments on the launch of the October initiative. 

 “As their preferred South African cryptocurrency exchange, we’d love to welcome them to ChainEX! And as such, for the full month of October you are entitled to pay no fees whatsoever on all your trades amounting to a total of 0.25 BTC in trading volume. All the information can be viewed on our website.”

The October initiative follows the launch of this new feature as a way to reward its new users that partner with the exchange. 

Bernardt explains that the decision to implement the initiative follows a spike in new users recorded on the local exchange. 

 “Our new users are constantly increasing at ChainEX, many traders are looking to safely buy and sell altcoins rather than only trade Bitcoin. To give our users the best experience possible we have listed over 20 coins! Both old and new users have access to trading these coins the moment they have signed up and verified their accounts. “

ChainEx

Founded in 2017, the cryptocurrency platforms provides a service that enables locals to buy, sell and trade different cryptocurrencies in exchange for South African rands as the default currency.

Read more: SA crypto exchange launches auto-trade feature 

Featured image: Jievani Weerasinghe via Unsplash