Mon. May 20th, 2019

OVEX: Cape Town company set to revolutionise cryptocurrency in SA

Bitcoin Ovex crypto currencyMake no mistake, OVEX are here to change the game. Their 7% interest accounts and premium-free international rates are already wowing crypto-experts.

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When Bitcoin and its competitors exploded onto the scene a decade ago, few could have envisioned the sheer scale of the cryptocurrency revolution. Those that did have already made themselves a lot of money. But the team behind OVEX are changing the game for South Africans looking to invest further in digital currencies.

Who are OVEX?

They recently secured funding from Shark Tank‘s Vinny Lingham. He said that OVEX can provide a secure and affordable avenue for South Africans “looking to break into the crypto-space”. Looking at what they currently offer, it’s easy to see why they’ve already wowed the blockchain experts.

  • Through OVEX, South Africans can buy and sell over 18 digital assets using ZAR.
  • Impressively, SA investors can buy cryptocurrency at international rates without having to pay the premium.
  • Those who want to withdraw large sums of money – R20 000 and over – will see waiting times slashed with OVEX. The transaction can be completed in minutes, rather than a timeframe which spans over days.
  • To sign up to South Africa’s Most Advanced Digital Asset Exchange, click here.

Cape Town crypto experts changing the game

Perhaps their most significant selling point – and the one that sets them apart from the rest of the field – is the interest account they are offering. OVEX users can gain up to 7% interest on their investments this way and the outfit are rolling this project out as we speak

Jonathan Ovadia is the CEO of OVEX. He explains that the group want to give South Africans the “world-class service” they need when it comes to keeping pace with the fast-changing world of cryptocurrency:

“The team and I have been working on this project for over a year and are incredibly proud of the offering we’ve built. Our goal is to provide the South African market with a world-class product and more importantly world class liquidity.

“We have developed an exchange for all types of crypto enthusiasts, with an advanced trading interface as well as a simple one-click buy or sell option.”

Jonathan Ovadia

Learn more about cryptocurrency

Still feel like you need to learn a little more before getting into the digital exchange market? Well, you’ll be pleased to know OVEX will soon be releasing a regular podcast series that is aimed at involving more SA citizens in the global discussion surrounding the future of cryptocurrencies and blockchain technology.

Upcoming episodes will feature the likes of Vinny Lingham and other industry experts, and these Cape Town crypto-buffs are offering a sensible voice amid the noise of an always-volatile investment market.

  • To sign up to South Africa’s Most Advanced Digital Asset Exchange, click here.

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