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Are there any fees charged for depositing fiat/local currency?

There is no additional fee charged when depositing local currency into your Coindirect wallet using EFT/online bank transfer, however please note that if you deposit cash at a bank branch or ATM, we will need to charge you a cash penalty fee of R20.00 plus 5% of the deposit value. Also, please note that credit card transactions will be subject to a fee.