Global trading platform PrimeXBT is taking a big step forward in its mission to make crypto more accessible by securing a license from South Africa’s Financial Sector Conduct Authority (FSCA). This new approval means PrimeXBT can now legally offer crypto services in one of Africa’s largest and most dynamic financial markets.
With this expansion, South African traders can now access a secure, regulated environment to trade, deposit, withdraw, and convert digital assets. Supported assets include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC)—with margin trading available across multiple platforms such as MT5, PXTrader, and Crypto Futures.
In addition to crypto, PrimeXBT also offers CFDs on stocks, indices, forex, and commodities, creating a truly all-in-one trading experience. The platform is built to support both beginner and advanced traders, combining intuitive tools with professional-grade infrastructure.
“This is a major milestone not just for PrimeXBT, but for the broader crypto community in South Africa,” said Sihle Tuta, Head of Region for PrimeXBT South Africa. “We’re proud to offer regulated access to both digital and traditional financial markets. Our goal is to lead with trust and innovation.”
Beyond trading, PrimeXBT is investing in financial education around the globe. The company provides free resources like webinars, market analysis, and skill-building courses to help users grow their knowledge and confidence.
This regulatory approval enhances PrimeXBT’s credibility as a trusted broker that values compliance and transparency. As global demand for regulated crypto platforms continues to rise, PrimeXBT is positioning itself at the forefront of this shift—bridging the gap between traditional finance and the fast-evolving world of digital assets.
About PrimeXBT
PrimeXBT is a global multi-asset platform serving over 1 million users across 150+ countries. Since launching in 2018, it has made trading more accessible through secure wallets, crypto-fiat exchanges, and support for various funding options including local payments. Users can trade CFDs, crypto futures, and forex all in one place.
Disclaimer: Trading involves risk and may not be suitable for all investors. Please consider your financial situation and experience before investing.
