iCE3 is always at the forefront of developments in the South African Crypto Space. We again have a First in South Africa for our customers: Instant Deposits from any South African Bank. This service which is also completely free will allow traders to fund their trading accounts in under 60 seconds.

Instant Deposits Will Allow Traders to Fund Their Accounts Faster

Instant deposits on trading platforms is an important edge for traders. Traders view the speed of deposits and withdrawals as one of their top 3 requirements when choosing a trading platform. Consequently, we hope to see more first time traders utilising this service as well as seasoned traders availing themselves to this opportunity. Removing friction points is our main focus at this point in time. We trust that faster deposits will be a major advance of our platform.

We Have Partnered With Ozow Pay

iCE3 exchange’s partnership with Ozow Pay allows us to clear and credit user deposits in under 60 seconds. This is a big step forward for the crypto industry in South Africa and is likely to drive further efficiency enhancements with other operators. Competition breeds better products and service offerings which ultimately benefit the end-user. iCE3 is proud to have been pioneers in South Africa since our inception in 2013, furthermore, we plan on rolling out multiple new features, functionality and services over the next few months. We are doing this to further enhance our offering and strengthen our position as South Africa’s favourite crypto trading platform.

We always search for partners that can enhance our service offering to our customers and after a rigorous vetting process, settled on OZOW pay. Instant deposits are a positive step and look forward to cooperating with OZOW to improve our customers’ experience and drive crypto adoption in South Africa – Gareth Grobler, iCE3.

Instant Deposits Are Available on iCE3 from 16 February 2020

Faster payments have been enabled and we will be adding some more deposit and withdrawal options over the next few months. We will also be adding some new additional FIAT currencies as well a Stable coins during March 2020.

You can make use of the Instant Deposit functionality with a few easy steps.

  1. Go to the account section of your profile on iCE3
  2. Click on Deposit to your ZAR wallet
  3. Select OZOW

Now complete the on-screen instructions your deposit will consequently credit in your iCE3 trading account in under 60 seconds.

Which Banks Support Instant Deposits?

You can make instant deposits to your iCE3 Exchange Trading account, as long as you have an account with any of the banks mentioned below.

  • ABSA
  • Standard Bank
  • Nedbank
  • Capitec
  • Investec
  • FNB

Let us know what you think about the latest deposit method on iCE3 in the comments below!


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Disclaimer Notice:

This article is intended to educate and should in no way be seen as investment advice or an enticement to use the platform. Bitcoin is highly volatile with big profit opportunities but you should also remember that you could lose part or all of your investment whenever you take part in any high risk investment. Bitcoin trading is not a regulated industry in South Africa, which in itself carries additional risks. IF YOU ARE NOT AN ASTUTE BITCOIN TRADER, SEEK INDEPENDENT FINANCIAL ADVICE BEFORE MAKING ANY INVESTMENTS.