It’s easy to make a Fiat currency deposit from your local bank account by following the steps below:

  1. Navigate and log into https://chainex.io

  2. Ensure that you are at least on Verification level 1 (ZAR and USDT markets are restricted on Verification level 0). On how to reach verification level 1, follow the steps here.

  3. On the “Balance” page, identify your ZAR wallet.

  4. Under “Action” there are four different icons. Select the first icon -  “deposit” (a Bitcoin with a down arrow).

  5. Choose your bank and enter your amount you would like to deposit.

  6. Take note of the deposit reference displayed

  7. EFT using that reference
  8. You will receive an email notification once your deposit has been processed.


Once you have deposited your Fiat currency, it will take a maximum of two business days to reflect in your ChainEX ZAR wallet