Overview
CryptoExpress lets individuals in South Africa convert cryptocurrency into South African rand cash and collect it from the Cash Express ATM network. The direction is crypto to cash, and the fiat currency is ZAR.
How a payout works The transaction is first created in the app. The cash is then released at an ATM using a mobile number and a voucher, once the transaction has been funded, finalized and approved in the app. The payout therefore depends on completing those steps, and the data gives no fixed time for them.
Entity and location The provider is described as a crypto-to-cash ATM off-ramp. The address given is Sandhavon Office Park, 14 Pongola Crescent, Eastgate Ext 17, Sandton, Johannesburg. Payment on the fiat side is in physical cash.
What to confirm The data does not list the supported crypto assets, fees, limits, identity requirements, regulator or legal entity. Clients should ask for the fee and rate before funding the transaction, and confirm daily cash limits at the ATM.
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