Digital Asset Arbitrage
The cryptocurrency arbitrage has become an established and trusted method in making money by taking advantage of the price difference that exists between the local and foreign crypto currency exchanges.
Crypto arbitrage involves the buying of cryptos such as BTC on overseas exchanges and selling them in SA at a higher price - usually 2% to 3% above what they sell for abroad.
Get StartedHow It Works
Kuda FX can assist by providing you with the most favourable foreign exchange rates while also ensuring that your funds reflect abroad on the day that it is booked. This enables you to secure higher arbitrage returns.
SARS allows an individual to trade a total allowance of R11 million in a calendar year for Crypto Arbitrage Trading. This is made up of your Single Discretionary Allowance (SDA of R1 million) and your Foreign Investment Allowance (FIA of R10 million)
- With Crypto Arbitrage Trading, you do not invest directly in the cryptocurrency, but rather in the margin between the different markets. As such, you will never own the cryptocurrency as part of this investment.
- Each trading cycle takes a total of 24 hours.
- This investment opportunity is available to any South African tax resident over the age of 18.
Why Use Kuda FX?
Regulated
Kuda FX is a South African financial services company registered with the Financial Sector Conduct Authority (FSCA) and authorised by the South African Reserve Bank to transact in the capacity as a foreign exchange intermediary. We also subscribe to the South African Association of Treasury Advisors’ (SAATA) FX Global Code. Rest assured, your funds are safe.
Reliable Service & Execution
Through trusted long-standing relationships and bulk buying power, we can negotiate extremely competitive foreign exchange rates. Our clients can therefore enjoy the benefits of these preferential rates together with same day execution.
SARS Compliance & FIA Applications
We have in-house accountants who can facilitate your FIA application and thereby saving you the admin of submitting this yourself. We liaise with SARS and have optimised the process to ensure the fastest FIA approval turnaround time for our clients.
Convenient Booking System
We offer online trade booking via our booking portal ensuring that you can easily book your daily trades and attach the relevant information seamlessly.
Our Trading Partners
