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Briefly, which shops accept bitcoin in South Africa?
The two oldest exchanges in South Africa that have stood the test of time and can be trusted with Bitcoin transactions are Luno and ice3X (IceCubed). Both exchanges accept deposits from your bank account or card payments. Once the funds are cleared, you can immediately buy or sell Bitcoin through the exchange.
At any event, how long does it take to withdraw money from Luno? I want to withdraw money. How long does this take? Unfortunately, moving money from the new financial system to the old is not immediate. We will immediately process your withdrawal, but depending on your region and the bank you use, it may take up to two business days to allocate your withdrawal to your bank account.
And, how do I invest in Bitcoin with Luno?
Luno helps you buy Bitcoin in three easy steps
How long does it take for Bitcoin to reflect in Luno?
Most wallets, like Luno, require three blockchain confirmations before the transaction can be completed, some may require up to six. From time to time, due to high volumes, the blockchain may become congested. When this happens, your sends may take some time (up to a few hours) to reach its intended destination.