Today we are going to show you a simple way to make money in South Africa using cryptocurrency.
Now before we start, this is not a get rich quick scheme but rather a very good way to start making some money in South Africa as a side hustle that could eventually grow into something really substantial.
What we are going to be doing is creating an advert to buy cryptocurrency and then creating another advert to sell cryptocurrency for more to make a good profit.
Sounds simple right. Well it is
Read our simple guide on “how to register and verify on remitano.com” if you have not already.
How to register and complete verification on Remitano.com
This guide will briefly explain how to quickly register and complete verification on remitano.com
→ Step 1: What you will need to do first is sign up at Remitano.com
You can use an email and create a password or you can sign up with Google or Facebook
How to verify your phone number and identity on Remitano
Once you have registered go to your username in the top right and click the dropdown and select “verify account”
First complete Level 1 Phone number verification by entering your phone number and then Level 2 & 3 Documents Verification by providing the required documents.
You are now fully set up and ready to use Remitano.com
Next read our “how to set to up buy and sell offers on remitano.com and make money in South Africa”
Now we need to set up our buy cryptocurrency advert
I am going to use Litecoin
→ Step 1: Let’s create an advert to buy Litecoin from someone in South Africa
Go Dashboard -> P2P Exchange -> Your Advertisements
Then click “Create Ad”
Click the top right edit button and select “I want to Buy” Then Select “Litecoin”
Now one Litecoin is about R1000 at the moment, so let’s create an advert for that price
Let’s enter our preferred exchange rate for usd/zar -> I want to buy a litecoin for 800
I’m willing to buy a maximum of 1 Litecoin to start so im going to set my amount of LTC at 1
And I want to use the Remitano ZAR Wallet
And that is it -> Now once you add money to your Remitano account your buy litecoin ad will go live
And as soon as it completes and you have the new Litecoin in your account, your sell ad will go live.
→ Now your buy ad won’t go live until you have ZAR in your account, read our “how to deposit ZAR into Remitano.com”
How to deposit ZAR into ZAR wallet on Remitano.com
If you want to deposit ZAR into Remitano, this is exactly how to do it
Go Dashboard -> Wallets ->
Under South African Rand -> Click deposit
Select your bank you will be transferring funds from
Select the amount you want to deposit and click “Deposit”
You will then be provided with deposit details to make your deposit.
Once you have made your deposit, it will automatically be credited to your account once Remitano picks it up.
→ Once Remitano picks up your deposit, inactive buy ads will go live and you can start making money!
Read the “how to set to up buy and sell offers on remitano.com and make money in South Africa” if you have not already
If you have any issues, ask in the comments below or contact Remitano support directly, they are always happy to help.