If you’re new to the world of cryptocurrency, you might find the idea of buying, selling, or trading digital currencies a little overwhelming. But don’t worry because we’re here to help! In South Africa, the cryptocurrency market is growing rapidly, and with it, a variety of crypto exchanges have popped up to meet the needs of investors, from beginners to seasoned traders.
In 2025, several exchanges have established themselves as top choices for South African users. This article will break down the features of the top crypto exchanges in the country, focusing on the aspects that matter most to you as a beginner or casual investor. Let’s dive in!
Binance
Binance’s interface is sleek and user-friendly. It’s designed to make it easy for beginners to buy and sell cryptocurrencies. For more experienced traders, the exchange offers advanced charting tools and trading options. Binance also has a mobile app for trading on the go. Binance is known for its low fees. The platform charges a 0.10% fee on most trades, which is lower than many other exchanges. Additionally, you can reduce fees further by using Binance’s native token, BNB.
Security is a top priority for Binance. It uses two-factor authentication (2FA) and cold storage for most of its assets. The exchange has also implemented a Secure Asset Fund for Users (SAFU) to protect users in case of a security breach. Binance is not fully regulated in South Africa, but it operates in compliance with local laws. It’s important for users to be aware of the regulatory landscape, as crypto regulations are still evolving in the country.
Binance offers a wide range of cryptocurrencies to trade, along with futures, margin trading, staking, and even savings accounts for those who want to earn interest on their crypto holdings. Binance offers 24/7 customer support through live chat and email. There is also a comprehensive help center with guides and FAQs to help you troubleshoot common issues.

Luno
Luno is one of the most well-known exchanges in South Africa, and it’s especially popular among beginners. Established in 2013, Luno is a user-friendly platform that offers easy access to Bitcoin and Ethereum. Luno’s platform is designed with simplicity in mind. Its clean interface makes it easy to buy, sell, and store cryptocurrencies. Whether you’re using the web platform or the mobile app, navigating Luno is a breeze.
Luno’s fees are a bit higher than Binance’s. For example, buying or selling crypto on the platform typically incurs a 1-2% fee, depending on the method of payment. Luno is regulated by the South African Reserve Bank (SARB) and has a strong reputation for security. It uses 2FA and stores the majority of its assets in cold storage, keeping them safe from potential hacks.
Luno is fully licensed by the Financial Sector Conduct Authority (FSCA), making it one of the most trustworthy exchanges in South Africa. Luno allows users to buy and sell Bitcoin, Ethereum, and a few other altcoins. It also offers a crypto wallet for secure storage and a learning center to help you understand the basics of crypto trading. Luno offers solid customer support, including an extensive FAQ section, email support, and a help center with articles and video tutorials.
VALR
VALR has a clean and straightforward interface, making it easy for beginners to navigate. Its mobile app is also well-designed and highly rated by users. VALR’s fees are competitive. It charges a flat 0.10% trading fee, which is on par with Binance. There are also fees for deposits and withdrawals, depending on the payment method.
VALR uses 2FA and cold storage to ensure the security of its users. It is also licensed by the Financial Sector Conduct Authority (FSCA), which adds an extra layer of trustworthiness to the platform. VALR is fully regulated and compliant with South African laws. This makes it a safe choice for users who want to trade with peace of mind.
VALR offers a wide range of cryptocurrencies and provides features such as recurring buys and crypto-to-crypto trading. It also has a referral program that allows users to earn rewards. VALR offers excellent customer support, with a live chat feature, email support, and a dedicated support team that responds quickly to inquiries.

Bybit
Bybit has an advanced platform with tools suitable for experienced traders. However, it’s still easy enough for beginners to use, thanks to its intuitive interface. The platform also has a mobile app that allows for trading on the go. Bybit charges competitive fees, with a flat 0.10% trading fee for both makers and takers. This makes it affordable for those who are frequently trading.
Bybit takes security seriously, offering 2FA, cold storage, and an insurance fund to protect users in case of market fluctuations or hacks. While Bybit is not fully regulated in South Africa, it operates in compliance with international regulations. Users should exercise caution and be aware of local crypto regulations.
Bybit offers a wide range of advanced features, including derivatives trading, margin trading, and perpetual contracts. It’s a great choice for users looking to take their trading to the next level. Bybit provides 24/7 customer support through live chat and email, ensuring that users can get help whenever needed.

Which Exchange Should You Choose?
For beginners, Luno is a great option thanks to its user-friendly platform and solid security features. If you’re looking for lower fees and more advanced features, Binance is an excellent choice. VALR is ideal for local users who want a regulated exchange with competitive fees, while Bybit is perfect for those looking for advanced trading tools.
Ultimately, the best exchange for you will depend on your specific needs. Make sure to consider factors such as fees, security, and customer support when making your decision!