ONLINE SOUTH AFRICA How Can I Bet Online From South Africa Using Bitcoin 1 week ago Samuel Post Views: 44 Many folks opt to gambling online with sites licensed outside the country of South Africa using Bitcoin and other cryptocurrencies. Bitcoin transactions take place in under a few hours and are even available during weekends, all with extremely low fees. Scam Warning A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and President Cyril Ramaphosa. Bitcoin Revolution South Africa advertises “an automatic trading system,” allowing members to earn significant income working about 20 minutes a day or less, its website details. Similar to Bitcoin Revolution’s website, the South African version warns that registration will soon close due to high demand. It displays the same video that features Microsoft co-founder Bill Gates, Virgin Group founder Richard Branson, and other famous people talking positively about bitcoin. The website also displays fake testimonials and fake live profit results. Setting Up Your Bitcoin Account(s) To begin trading bitcoin, you will first set up your Bitcoin/Bitcoin Cash Wallet. Doing so on your mobile phone is fast and simple. Be sure that all security protocols are followed (i.e. backups and secure code for wallet retrieval in case you should lose your phone) Next, you will want to set up an account at a Bitcoin/Crypto exchange available from South Africa or another option is to trade locally. Bitcoin exchanges can be linked to one’s bank account or credit card. SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: bitcoin, South Africa Continue Reading Previous How COVID-19 lockdown affected Internet usage in Nigeria?Next South African’s Favorite Games More Stories ONLINE COVID-19 pushes digitalisation for the African iGaming industry 21 hours ago Szarlot BETTING SOUTH AFRICA The Best Rugby Betting Sites in Africa 21 hours ago Peter Situma HOT NEWS ONLINE Explore the betting industry’s greatest opportunities at SBC Digital Summit Africa 2 days ago Iwo Bulski CASINO SOUTH AFRICA A venue fit for a queen! 2 days ago Samuel GAMES ONLINE Black Horse™ Deluxe 3 days ago Iwo Bulski ONLINE Best no download gambling site for Africa 2020 3 days ago Peter Situma Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.