FAQs

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Privacy Policy

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How Risky is this investment?

There is a degree of risk in every investment.  However, we pride ourselves in ensuring there is less risk compared to most asset classes, with the benefit of returns which can outperform every traditional investment out there! BitInvest utilises a system whereby we are able to lock in profits even before we do the trade. Making this investment extremely safe as we do not expose your capital to any FX or Crypto currency volatility changes. Read more

I’m keen, how do I get started?

Follow the BitInvest registration prompts to register and our support team with thereafter be in touch with you.  Should you have any queries or need assistance in this regard, please feel free to send an email to us at info@BitInvest.co.za with your query. Read more

If I refer clients to BitInvest, do I get rewarded?

We do have a referral system in place. Should you be interested, please email info@bitinvest.co.za for more information. Read more

How do I get paid?

After your trade is complete, the money will be deposited back into your allocated bank account within 24 business hours of completion.  Please note that the profits realized per transaction shall be deposited into your allocated bank account and the capital invested shall be deposited into the intermediary bank account to be opened on your behalf, to be used for the following trade(s). Read more

How long does it take to open an account?

It may takes between 48-72 business hours to process your account after online website registration.  Read more

What are your fees?

We charge management fees and fees for FIA application.  The management fee is only applicable if the client is profitable, failing which no fee is payable (thus demonstrating our confidence in our trading model).  Please see our pricing guide in Annexure A of our Terms and Conditions for a more thorough breakdown of our fees.  Our management fees are as follows: FEES: Trading fees: 30% (thirty percent, excl VAT) of the total profit realised per trade.For example; if the capital investment of R200 000 ... Read more

What is the minimum amount I must invest?

BitInvest currently only accepts clients willing to invest a capital sum of R100 000+ Please see the below ‘What is an SDA and FIA’ for more information. Read more

What is an SDA and FIA?

  Every South African citizen qualifies for an SDA (Single Discretionary Allowance) of R1 000 000 per year. This amount means that you can trade up to one million rand per calendar year (1st of January to 31st of December). An SDA does not require SARS approval. Once your SDA has been exhausted (or even before the expiry of the SDA), you can apply for a FIA (Foreign Investment Allowance) of up to R10 000 000 (in addition to the R1 000 000 under the SDA). This ... Read more

What is required to register with BitInvest?

a copy of your South African ID book / ID card (not passport). proof of address (not more than 3 months old). You should be over the age of 18 years old. A minimum of R100 000 in your bank account to trade with. Proof of funds will be required by means of the client’s most recent bank statement. By law, you need to have not utilized your full SDA or FIA - this is explained in the next FAQ. If you are making ... Read more
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