PrimeXBT expands spot crypto exchange in South Africa, leading the integration of crypto and TradFi
PrimeXBT, an FSCA-regulated multi-asset broker and crypto asset service provider, has rolled out a major upgrade to its crypto exchange offering in South Africa.
PrimeXBT now supports 54 crypto spot assets, alongside 100+ new exchange pairs, significantly expanding how local users can manage, exchange and use crypto across the platform.
The expanded selection covers a broad range of crypto asset categories, including major layer-1 cryptocurrencies, stablecoins, DeFi and infrastructure tokens, AI- and gaming-related projects, and community-driven assets.
This includes Solana ecosystem tokens such as BONK, WIF, PYTH, JUP, RENDER, RAY and BOME, alongside widely used assets like Bitcoin, Ethereum, USDT, USDC, BNB and TRX.
Solana-based assets benefit from fast settlement times and low network costs, making them well suited for active exchange and on-platform use.
Spot assets are supported across five blockchain networks: Bitcoin, Ethereum (ERC-20), TRON (TRC-20), Binance Smart Chain (BSC) and Solana.
The upgrade enables South African traders to move beyond simply holding crypto. Assets can be bought, exchanged, and used as collateral to access a wide range of markets, including Crypto Futures, Forex, and CFDs on indices, commodities, shares and crypto, across both PrimeXBT’s native PXTrader platform and MT5.
“PrimeXBT was among the first to unify crypto and traditional markets under one roof, and one of the early pioneers of crypto margin trading globally,” said Sihle Tuta, Head of Region at PrimeXBT South Africa.
“Extending this model to South Africa reflects our commitment to delivering a modern, FSCA-regulated trading environment, while reinforcing crypto’s role as a flexible foundation for accessing both digital and traditional markets.”
The expansion reflects PrimeXBT’s long-term strategy to lead the evolution of modern trading in South Africa, driving deeper integration between crypto and TradFi through technology and unified access.
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About PrimeXBT
PrimeXBT is a leading multi-asset broker and crypto asset service provider , regulated in South Africa by the Financial Sector Conduct Authority (FSCA).
The platform bridges traditional and digital markets within one integrated environment, bringing versatility, innovation and world-class trading expertise to the local market.
Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies directly.
This unified experience extends across both the native PXTrader platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods.
Tailored to the needs of South African traders, PrimeXBT is committed to empowering clients with broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support.
By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides South African traders with the tools they need to trade, grow and succeed with confidence.
Disclaimer
The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities.
Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors.
Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs.
PrimeXBT (PTY) LTD is an authorised financial services provider in South Africa with licence number 45697.
PrimeXBT (PTY) LTD acts as an intermediary between the investor and the market maker which is the counterparty to the products purchased through PrimeXBT.
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