## Introduction to Crypto Investing on EasyEquities
EasyEquities has revolutionized South African investing by making cryptocurrencies accessible to everyone. As a regulated platform under the Financial Sector Conduct Authority (FSCA), it allows you to buy fractional crypto shares with as little as R5. This guide breaks down exactly how to buy crypto on EasyEquities – perfect for beginners seeking a secure entry into digital assets.
## Why Choose EasyEquities for Crypto?
– **Fractional Investing**: Purchase tiny fractions of Bitcoin or Ethereum without buying whole coins
– **Zero Wallet Management**: No complex private keys or external wallets required
– **Regulated Security**: FSCA oversight provides investor protection
– **Seamless Integration**: Manage crypto alongside stocks in one dashboard
– **Low Barrier**: Start investing with just R5 (minimum deposit)
## Step-by-Step: How to Buy Crypto on EasyEquities
Follow this foolproof process to make your first crypto purchase:
### Step 1: Create and Verify Your Account
1. Visit [EasyEquities.co.za](https://www.easyequities.co.za/) and click “Sign Up”
2. Complete registration with your ID and proof of residence
3. Pass FICA verification (typically takes 24-48 hours)
### Step 2: Deposit Funds
– Navigate to “Fund Account” in your dashboard
– Choose from deposit methods:
– Instant EFT (Recommended)
– Bank transfer
– Credit/debit card
– Minimum deposit: R5
### Step 3: Access the Crypto Section
1. From your dashboard, select “Crypto” in the top menu
2. Browse available cryptocurrencies (Bitcoin, Ethereum, Chainlink, etc.)
### Step 4: Execute Your Trade
1. Click “Buy” on your chosen cryptocurrency
2. Enter investment amount in ZAR (e.g., R500)
3. Review transaction details including:
– Current price
– Estimated crypto quantity
– 1% transaction fee
4. Confirm purchase
### Step 5: Monitor Your Portfolio
Track performance in your dashboard with:
– Real-time price charts
– Profit/loss calculations
– Historical transaction records
## Pro Tips for Smart Crypto Buying
1. **Dollar-Cost Average**: Invest fixed amounts weekly/monthly to reduce volatility impact
2. **Set Price Alerts**: Use EasyEquities’ notification system for market movements
3. **Diversify**: Allocate funds across multiple cryptocurrencies
4. **Secure Your Account**: Enable two-factor authentication (2FA)
5. **Reinvest Dividends**: Automatically compound crypto staking rewards
## Understanding EasyEquities Crypto Fees
| Fee Type | Cost | Details |
|—————-|—————|———————————-|
| Transaction Fee | 1% | Charged on buy/sell orders |
| Deposit Fee | R0 | Free for EFT & card deposits |
| Withdrawal Fee | R0 | Free bank withdrawals |
| Spread | Variable | Difference between buy/sell prices |
## Frequently Asked Questions (FAQ)
**Q: Can I withdraw my crypto to an external wallet?**
A: Currently, EasyEquities doesn’t support external wallet transfers. You can only buy, hold, and sell crypto within the platform.
**Q: What cryptocurrencies are available?**
A: Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Polygon (MATIC), and more. New coins are added regularly.
**Q: Is there a minimum investment amount?**
A: Yes, you can start with just R5 thanks to fractional investing.
**Q: How long do deposits take to clear?**
A: Instant EFT: Immediate. Bank transfers: 2-3 business days.
**Q: Are crypto profits taxable in South Africa?**
A: Yes, SARS treats cryptocurrency as an asset subject to Capital Gains Tax. Keep transaction records.
**Q: Can I set up recurring crypto purchases?**
A: Not currently, but you can manually make regular purchases.
## Final Thoughts
Buying cryptocurrency on EasyEquities eliminates technical barriers that often intimidate new investors. With its fractional approach, regulatory compliance, and integrated portfolio management, you’re getting a simplified gateway to crypto markets. Remember to start small, diversify across assets, and never invest more than you can afford to lose. Ready to begin? Sign up, deposit R5, and make your first crypto purchase in under 10 minutes!
