AltCoinTrader News

AltCoinTrader Supports the Ethereum London Upgrade

2 August 2021 (Ethereum, ETH, ERC-20)

AltCoinTrader has prepared it's systems for the Ethereum London Upgrade scheduled for 3 - 5 August 2021.

Trading of ETH and all ERC-20 tokens (BAT, COMP, DAI, LINK, USDT and XZAR) will continue unaffected during this time period. No deposits or withdrawals will be processed from 5 August 2021, 13:00 for a short period until the network is stable.

To learn more about the upgrade please visit the official site at blog.ethereum.org.

MATIC/Polygon (MATIC) to Launch on 27 July 2021

20 July 2021 (MATIC, Polygon)

MATIC/Polygon (MATIC) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on the 27 July 2021.

Deposits and withdrawals are currently active to allow clients to deposit MATIC/Polygon (MATIC) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on MATIC/Polygon (MATIC) before getting involved. For more information check the following site https://polygon.technology/

Binance Coin (BNB) to Launch on 2 June 2021

25 May 2021 (Binance Coin, BNB)

Binance Coin (BNB) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on the 2 June 2021.

Deposits and withdrawals are currently active to allow clients to deposit Binance Coin (BNB) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Binance Coin (BNB) before getting involved. For more information check the following site https://coinmarketcap.com/currencies/binance-coin/

Shiba Inu (SHIB) Giveaway and Launch

17 May 2021 (Richard de Sousa, Shiba Inu, SHIB)

AltCoinTrader does it again giving 40 000 FREE Shiba Inu (SHIB) tokens to every active client. We've heard the community and will be launching SHIB trading on Wednesday, 19 May 2021 at 11h00.

To qualify for your 40 000 FREE Shiba Inu (SHIB) all you have to do is:

  • Have a verified level 2 (or above) AltCoinTrader account with a positive balance (either ZAR or cryptocurrency)
  • Have two factor authentication (2FA) on your account

It's that simple! If your AltCoinTrader account meets the above requirements by 11h00 on Wednesday, 19 May 2021 you will be credited with 40 000 FREE Shiba Inu.

To find out more information on how to make your account a level 2 account or about adding 2FA, please login to your AltCoinTrader account and check your account level or refer to our Help Centre under Account Security.

All clients meeting the above criteria will have a positive balance of 40 000 Shiba Inu (SHIB) when trading goes live.


Deposits are currently active to allow clients to deposit Shiba Inu (SHIB).

As always AltCoinTrader encourages everyone to please do their own research on Shiba Inu (SHIB) before buying, selling or trading this token. The official site is https://shibatoken.com/

Binance Coin (BNB) to Launch Soon

3 May 2021 (Binance Coin, BNB, Richard de Sousa)

AltCoinTrader to launch Binance Coin (BNB) in the upcoming weeks.

While originally scheduled to launch 4 May 2021 it has been pushed out to a future date to accommodate the recent platform upgrade.

As always deposits & withdrawals will be opened prior to the launch. Further announcements to follow.

AltCoinTrader Upgrade Coming Soon

21 April 2021 (Upgrade)

AltCoinTrader will be upgrading it's systems on Wednesday, 28 April 2021 from 21:00. The upgrade is expected to last 4 - 6 hours as we migrate to new infrastructure to accommodate our expanding ecosystem. We will keep you up to date via social media during the upgrade.

During this time the website and app will be unavailable. All funds are safe and secure.

We appreciate your understanding and look forward to providing an even better experience with the new system.

AltCoinTrader Supports the Ethereum Berlin Upgrade

15 April 2021 (Ethereum, ETH, ERC-20)

AltCoinTrader has prepared it's systems for the Ethereum Berlin Upgrade scheduled for 15 April 2021.

Trading of ETH and all ERC-20 tokens (BAT, COMP, DAI, LINK, USDT and XZAR) will continue unaffected during this time period. No deposits or withdrawals will be processed from 15 April 2021, 11:00 for a short period until the network is stable.

To learn more about the upgrade please visit the official site at blog.ethereum.org.

AltCoinTrader slashes fees by 73%

31 March 2021 (Fees)

AltCoinTrader is pleased to announce that we have dropped our fees by 73%. Trading fees have been slashed from 0.375% to 0.1% with immediate effect.

Please consult our fees page for more information and detail.

Polkadot (DOT) to Launch on 31 March 2021

30 March 2021 (Polkadot, DOT)

Polkadot (DOT) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on the 31 March 2021.

Deposits and withdrawals are currently active to allow clients to deposit Polkadot (DOT) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Polkadot (DOT) before getting involved. The official site is https://polkadot.network/

AltCoinTrader and Bitcoin Private

3 March 2021 (Bitcoin Private, BTCP)

Please see our correspondence with the bitcoin Private team below:

On 2021-03-02 11:42 AltCoinTrader wrote:

Hi XXXXXXXXX

We are concerned about the future of BTCP. Please can you give us an update on the network status, and also future plans for BTCP?

Kind Regards
Richard

On 2021-03-02 20:01 Bitcoin Private Support replied:

Hello,

Thank you very much for your email. We are currently in the process of finalizing the new chain, with nearly every aspect ready. Our devs are working hard to complete this phase as soon as possible, please refer to https://progress.btcprivate.org for more detailed information. We have a version ready and have been doing internal testnets, we do want to to update the codebase to the latest ZCash codebase, so once this is complete we will roll out a public testnet.

Regarding the future of BTCP, I can assure you that BTCP will be back online shortly and that development will continue.

Kind regards,
XXXXXXXXX

---
Bitcoin Private Support
support@btcprivate.org

Further considerations and comments from Richard de Sousa our CEO. We are not confident in the future of BTCP and would urge all client to trade this coin with extreme caution. AltCoinTrader is at this stage still unsure as to what action we will be taking next, but as the BTCP chain is currently non functional with only the hope of it been reserected it is not impossible for us to consider delisting this coin from our exchange! The action that we have already taken is as follows:

  • We have placed a trading alert on the BTCP trading page
  • We have removed BTCP from the front end of our site so if you are not logged in you can not see BTCP
  • We have removed BTCP from view of all clients that did not hold BTCP on our platform.
  • We have not delisted BTCP at this stage.

We have taken this action to ensure that new people do not buy BTCP as we have low confidence in the coin and it's future.

We urge all clients to do their own research regarding BTCP and would like to stress that we are not confident in this coin. It is possible that BTCP will be delisted from AltCoinTrader in the future.

AltCoinTrader Supports the Cardano Hard Fork

17 February 2021 (Cardano, ADA)

AltCoinTrader has prepared it's systems for the new Cardano Mary/Goguen Hard Fork scheduled for 1 March 2021.

Trading of ADA will continue unaffected during this time period. No deposits or withdrawals will be processed from 28 Febraury 2021, 17:00 until the network is stable.

To learn more about the hard fork please visit the official site at https://roadmap.cardano.org/en/.

Spark tokens airdrop : Update

30 December 2020 (Ripple, Flare, Spark)

When can I expect my spark tokens?
All clients holding XRP on 12 Dec 2020 at 02:00 in their AltCoinTrader account can expect spark tokens.
Spark tokens will become available when the Flare Network goes live, this is expected to happen in the next 6 months however we know that projects of this nature can often take much longer to actually launch.

Spark tokens will be distributed as follows:
At network launch, every client that is entitled to get Spark will receive 15% of the total Spark for which they are eligible. The remaining Spark claimable will be distributed over a minimum of 25 months and a maximum of 34 months. You can expect around 3% of the spark that are due every month, this percentage will vary slightly depending on how Flare calculates the distribution.

AltCoinTrader does not have any control over this process and is simply following the procedure and supporting the flare network. We can assure our clients that once we have the tokens we will distribute them as soon as possible.

AltCoinTrader supports the XRP/Spark token airdrop

1 December 2020 (Ripple, Flare, Spark)

AltCoinTrader is supporting the XRP/Spark snapshot scheduled for 12 December 2020. All clients holding XRP will receive Spark tokens.

All you need to do is hold XRP on AltCoinTrader on 12 December 2020 at the time of the snapshot. We will take care of the rest.

To learn more about the snapshot visit the official site at https://flare.ghost.io/

Chainlink (LINK) to Launch on 25 November 2020

20 November 2020 (Chainlink, LINK)

Chainlink (LINK) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 10h00 on the 25 November 2020.

Deposits and withdrawals are currently active to allow clients to deposit Chainlink (LINK) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Chainlink (LINK) before getting involved. The official site is https://chain.link/

Zcash Hard Fork Notice

17 November 2020 (ZEC)

AltCoinTrader is preparing for the Zcash hard fork scheduled for 18 November 2020. We will take a snapshot of all users wallets so if a viable coin is created we can make relevant decisions in the best interest of our clients.

Trading of Zcash (ZEC) will continue unaffected during this time period. No deposits or withdrawals will be processed from 17 November 2020, 10:00am until the network is stable.

We thank you for your support and understanding.

Bitcoin Cash Hard Fork Notice

13 November 2020 (BCH)

AltCoinTrader is preparing for the Bitcoin Cash hard fork scheduled for 15 November 2020. We will take a snapshot of all users wallets so if a viable coin is created we can make relevant decisions in the best interest of our clients.

Trading of Bitcoin Cash (BCH) will continue unaffected during this time period. No deposits or withdrawals will be processed from 14 November 2020, 8:00pm until the network is stable.

We thank you for your support and understanding.

Update for 17 February 2021
We are still investigating the viability of the new chain.

Update for 17 August 2021
We are still investigating the viability of the new chain and will wait until the network is stable and considered secure.

AltCoinTrader Supports the NEO/GAS Hard Fork

21 September 2020 (NEO, GAS)

AltCoinTrader has prepared it's systems to support the new NEO/GAS upgrade/hard fork from 21 September 2020. The upgrade is to prepare the blockchain for a number of architectural improvements, for more technical information please visit the official blog. The upgrade/hard fork will not result in a new token being created so no new coins will be issued.

Trading of NEO & GAS will continue unaffected during this time period. No deposits or withdrawals will be processed from 21 September 2020 until the network is stable.

We thank you for your support and understanding.

AltCoinTrader Supports the Cardano Hard Fork

29 July 2020 (Cardano, ADA)

AltCoinTrader has prepared it's systems for the new Cardano Shelley Hard Fork scheduled for 29 July 2020. From 17:00, 29 July 2020 no deposits or withdrawals will be processed until the network is stable. Trading of ADA will continue unaffected during this time period.

We thank you for your support and understanding.

Update for 4 August 2020
Our technical team is still in the process of monitoring the network upgrade and awaiting industry consensus. Trading of ADA continues unaffected.

COMP and DAI launching haulted

1 July 2020 (COMP, DAI)

After experiencing some technical difficulties we have temporarily shut down COMP and DAI trading. Our technical team is looking into this issue.

These coins will only be re-launched once we can ensure a better user experience.

Estimated time for re-launch is 15h00 2nd Jul 2020

Business as usual at AltCoinTrader following the COVID-19 lockdown

25 March 2020 (COVID-19)

AltCoinTrader will remain fully operational during the 21 day lockdown period. We have followed the directives of the President of South Africa and we have enabled all of our staff members to work remotely.

While our call centre may not be available for telephonic support we are available on email support for any queries you may have during this time.

Stay safe!

FNB Account Closure Reminder

28 February 2020 (FNB)

As of 1 March 2020 we will no longer accept deposits into our FNB account. Please update your banking beneficiaries to reflect.

Important to note

It is business as usual for all clients.

Clients with FNB accounts will be able to operate as usual by depositing into one of our alternative bank accounts.

Clients will also be able to make withdrawals as usual into their FNB accounts.

AltCoinTrader is a Proud Sponsor of Blockchain Africa Conference 2020

13 February 2020 (Richard de Sousa, Blockchain Africa Conference)

AltCoinTrader is proud to announce that it is a Gold Sponsor of the upcoming Blockchain Africa Conference 2020 from 11 - 12 March 2020. The annual event has been running since 2015 and is a must for anyone in, or interested in, the world of blockchain technology and cryptocurrency.

Featuring industry experts and leaders in the field it’s the perfect venue for individuals, governments, start-ups, companies and institutions alike to find opportunities and optimize for a digital future. The 2 day event will feature over 30 speakers, 30 exhibitors and workshops covering all things blockchain and crypto including upcoming technology.

Be sure to grab your ticket today and register at https://blockchainafrica.co/register-blockchain-africa-conference-2020/ so you don’t miss out. We’ll see you there.

FNB Account Closure

4 February 2020 (FNB)

As you may be aware FNB announced late last year that it was terminating banking services to all crypto related businesses. As of Friday, 28 February 2020 AltCoinTrader will no longer accept deposits made to our FNB bank account. We have selected Standard Bank as our preferred bank however traders can also continue to use our Nedbank facilities.

You may obtain the deposit information for Standard Bank and Nedbank from the deposit section of your AltCoinTrader profile. Please make sure you update your bank beneficiary details to ensure your deposit is sent to either Standard Bank or Nedbank.

AltCoinTrader will never ask you to update your details via a link. Please be on the lookout for phishing emails and scams during this transitional period.

Can I still use my FNB account to make deposits and receive withdrawals?

The FNB announcement does not apply to personal accounts. You will still be able to deposit from an FNB account to an AltCoinTrader account or make a withdrawal to an FNB account from AltCoinTrader.

As inter-banking transaction times are much slower, we recommend clients open a Standard Bank or Nedbank account for instant deposits and withdrawals.

AltCoinTrader to launch Basic Attention Token (BAT)

27 November 2019 (Richard de Sousa, BAT)

Basic Attention Token (BAT) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on Tuesday the 3th December 2019.

Deposits and withdrawals are currently active to allow clients to deposit Basic Attention Token (BAT) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Basic Attention Token (BAT) before getting involved. The official site is https://basicattentiontoken.org/

Official FNB Banking Announcement

20 November 2019 (Richard de Sousa, FNB)

AltCoinTrader has been banking with FNB since 2015 and was very surprised by the bank's recent decision to terminate banking services across the entire local crypto industry.

We are disappointed that the financial institution has succumbed to international pressure, with banking services being denied to individuals and industry players around the globe. AltCoinTrader has implemented multiple fiat options since inception and has never at any point relied on just one specific bank, having solidified relationships with other major institutions. We believe that further engagement is necessary and a close working relationship always increases trust and understanding of emerging technologies. We continue to work alongside the South African regulators and hope that in the future FNB may reconsider their position

The termination of FNB banking services is anticipated to only take place in March 2020 however we will ensure that we send out notifications via our Social Media platforms and on our website once we have more clarity on timelines.

We would just like to inform our FNB customers that we have not given up and will continue to fight for our customers banking rights. Having said that we believe that the limitations set on the industry will only spur innovation. Customers can be assured that it is business as usual and challenges, whilst sometimes unexpected, are not uncommon in this industry.

TRON & BTT Wallet Update

23 September 2019 (Richard de Sousa, TRON, BTT)

The server hosting the TRON & BTT node/wallet was taken down for hardware upgrades to improve performance. Since the server upgrade the node has been setup and is busy syncing with the main TRON network. Unfortunately this syncing process has taken longer than anticipated. It is unlikely that the node will sync before the end of this week. Our technical team is currently investigating alternative solutions.

We have manually processed all outstanding withdrawals and will continue to manually process any withdrawals until the server is back in sync.

We would like to apologize for the inconvenience and will continue to monitor the situation and keep you informed.

AltCoinTrader slashes fees by more than 50%

3 September 2019 (Richard de Sousa, Fees)

AltCoinTrader is pleased to announce that we have dropped our fees by more than 50%.

Trading fees will be slashed from 0.8% to 0.375% with immediate effect. What's more, its not only the trading fees that have been dropped, deposit and withdrawal fees have also been slashed.

Please consult our fees page for more information and detail.

AltCoinTrader to Launch Gold & Silver on 5 August 2019

10 July 2019 (Richard de Sousa, Gold, Silver)

AltCoinTrader will be expanding it's trading platform to include precious metals Gold and Silver. We have partnered with leaders in the industry to provide more alternatives to the investing public. All gold and silver, or any other precious metals, traded on AltCoinTrader's platform will be represented and fully backed by real physical gold and silver, or relevant precious metal.

Gold and silver is traded in ounces represented by a one ounce coin. Gold is represented by a Krugerrand in most cases but can also be any one ounce gold coin. No gold, silver or precious metal is ever kept on the premisses. These assets are securely stored off site at one of our third party vaults and can only be withdrawn or deposited via the below procedure.

  • Withdrawals

    Gold and silver can only be withdrawn in one ounce units. In other words you can buy a small amount of gold to hold, trade or sell but you will not be able to withdraw it unless it is in one ounce units. If you wish to withdraw your gold from AltCoinTrader you would typically be paid out in Krugerrand's. These coins would either be delivered to you via a third party or you would be requested to collect them from one of our many retail partners situated throughout South Africa.
  • Deposits

    Deposit's will only be accepted if the exchange is low on physical assets and special arrangements would be made for us to accept gold and silver coins. These coins would be taken by our retail partners which are situated throughout South Africa and after the assets have been verified we would credit your AltCoinTrader account with the gold or silver asset.

BitTorrent (BTT) Airdrop Update

18 March 2019 (Richard de Sousa, BitTorrent, BTT)

We are delighted to announce all clients have successfully been credited with the airdropped BTT tokens. These deposits now reflect on the "All Balances" and the "Transaction history ->Deposits" pages.

Our technical team are ready to launch the BTT trading live on our platform. The expected time is Wednesday 20th March 2019 at around 11h00.

Please note that the BTT airdrops are ongoing and clients can expect to be credited with BTT tokens every month til 11th of February 2025. So the more Tron (TRX) you hold in your AltCoinTrader account the more BTT you will receive. For more information on how much you can expect to be credited please have a look at the Official BitTorrent announcement.

Please note that as of May 11, 2020 the BTT airdrop has been ended early. Read more

AltCoinTrader to Support BTT Airdrops

8 March 2019 (Richard de Sousa, BitTorrent, BTT)

AltCoinTrader will be supporting the BTT airdrops. Future as well as past airdrops will be credited to all clients.

All clients holding Tron (TRX) will be given the free airdropped BitTorrent (BTT)

BitTorrent (BTT) airdrops will take place on the 11th day of each month till 11th of February 2025

The BitTorrent (BTT) coin will also be added to the AltCoinTrader platform so clients can trade BTT.

Our technical team is working hard to put these upgrades in place. More information and timeline updates coming soon...

Ethereum's (ETH) Hard Fork News

18 January 2019 (Richard de Sousa, Ethereum, ETH)

The Ethereum hard fork has been delayed due to a newly discovered security vulnerability.The reentrancy vulnerability was discovered by ChainSecurity a smart contract audit company.

There is no reason for concern due to the delay, in fact it only highlights the fact that caution and security are been exercised by the Ethereum development community which is a good thing.

The Ethereum’s core developers have at this stage not announced a date for the upgrade (hard fork) to take place. They have however said that they expect the upcoming fork to be the least eventful one in the history of Ethereum.

AltCoinTrader to Support the Ethereum (ETH) Constantinople Hard Fork

10 January 2019 (Richard de Sousa, Ethereum, ETH)

This fork should be considered to be more of an upgrade than a fork as it is a planned event by the ethereum development community.

The hard fork will happen on block 7 080 000 which is estimated to take place some time on the 16th of January 2019. The ethereum community does not expect a second coin to emerge from the fork as they seem to have consensus from the network.

Our clients will not have to do anything as we will take care of every technical aspect of the fork and you can rest assured that your ethereum will remain safe on our platform during this upgrade.

Dogecoin (DOGE) to Launch on 12th December 2018

11 December 2018 (Richard de Sousa, Dogecoin, DOGE)

Dogecoin (DOGE) trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on the 12th December 2018.

Deposits and withdrawals are currently active to allow clients to deposit Dogecoin (DOGE) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Dogecoin (DOGE) before getting involved. The official site is https://dogecoin.com/

Dogecoin (DOGE) Giveaway

4 December 2018 (Richard de Sousa, Dogecoin, DOGE)
Free DOGE

Just when you thought that we simply could not be launching any more new coins this year AltCoinTrader is proud to announce that we will be launching Dogecoin (DOGE) on our trading platform in time for the festive season celebrations. As a thank you for all the support we have received from our customers throughout the year AltCoinTrader will be giving away 200 free Dogecoins to you our loyal supporter...

To qualify for your 200 free Dogecoins all you have to do is:

  • Have a verified level 2 AltCoinTrader account with a positive balance (either ZAR or cryptocurrency)
  • Have two factor authentication (2FA) on your account

It's that simple! If your AltCoinTrader account meets the above requirements by 12h00 on Monday the 10th of December 2018 you will be credited with 200 FREE Dogecoins on Tuesday the 11th of December 2018.

To find out more information on how to make your account a level 2 account or about adding 2FA, please login to your AltCoinTrader account and check your account level or refer to our Help Centre under Account Security.

We would like to wish all our clients a happy and safe festive season. Happy trading...

BItcoin Cash (BCHABC and BCHSV) Deposits and Withdrawals are Now Open

3 December 2018 (Richard de Sousa, Bitcoin Cash, BCHABC, BCHSV)

BCHABC and BCHSV deposits and withdrawals have now been opened.

Our technical team have advised that it is safe to proceed with both chains and operate as normal. We will be monitoring both the deposits and withdrawals and should any irregularities occur we will once again pause the deposits and withdrawals of BCHABC and BCHSV

Please be aware that you will now have separate BCHABC and BCHSV deposit addresses.

The old BCH deposit addresses will be used for BCHABC and in time we may rename BCHABC back to BCH but that is still under advisement...

Monero (XMR) to Launch on 27th November 2018

22 November 2018 (Richard de Sousa, Monero, XMR)

In our on going effort to bring our clients top altcoins, AltCoinTrader is proud to announce that we will be launching Monero (XMR) trading on our platform...

As our technical team complete the final testing to ensure that everything not only works properly but also that everything is safe and secure, we are set to launch on 27th November 2018 at around 11h00

Deposits and withdrawals are currently up and running to allow users to deposit Monero (XMR) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Monero (XMR) before getting involved. The official site is https://getmonero.org/

Bitcoin Cash Hard Fork Now Trading

16 November 2018 (Richard de Sousa, Bitcoin Cash, BCHABC, BCHSV)

BCHABC and BCHSV are now trading live. Deposits and withdrawals are not yet live as our technical and security teams are still assessing the risks involved.

Deposits are withdrawals will only go live next week if the respective chains are secure.

All pending buy and sell orders on the old BCH trade engine have been cancelled as that coin has fallen away.

Bitcoin Cash Hard Fork Update

16 November 2018 (Richard de Sousa, Bitcoin Cash)

A snapshot of all our clients Bitcoin Cash balances was successfully recorded at the exact moment of the Bitcoin Cash hard fork.

All AltCoinTrader clients will now be credited with Bitcoin SV (BCHSV) and Bitcoin Cash ABC (BCHABC) as the original Bitcoin Cash (BCH) falls away.

AltCoinTrader should go live with trading of both coins in the next few hours (we estimate a time of 14h00 for launch). Deposits and withdrawals of these coins will only resume next week due to security reasons.

Bitcoin Cash Trading to be Paused

15 November 2018 (Richard de Sousa, Bitcoin Cash)

At 17h00 on the 15th November 2018 AltCoinTrader will pause all BCH interaction including trading, deposits and withdrawals. Our technical and security team have deemed this action necessary as there are still a lot of unknown's surrounding the BCH hard fork.

We are taking this approach to ensure the safety of our clients and the exchange. All our clients coins and forked coins will remain safe and secure during this shut down period.

Trading will commence once our team have properly evaluated the situation and the risk and we are sure it is safe to move forward. This may take hours or even several days!

We appeal to our clients to be patient and to be aware that AltCoinTrader will always focus on your security in times like these.

Bitcoin Cash Fork and Bitcoin SV

12 November 2018 (Richard de Sousa, Bitcoin Cash)

As you may be aware Bitcoin Cash (BCH) is hardforking on 15 November 2018 and we are pleased to announce that AltCoinTrader will be supporting the upcoming Bitcoin Cash hardfork (Bitcoin SV).

Simply put this means that all clients holding Bitcoin Cash in their AltCoinTrader accounts at the time of the fork, will get Bitcoin SV.

This fork is set to take place on 15 November at 1542300000 UNIX time approximately 18h40 (SAST).

The ratio is 1:1 so you will get one Bitcoin SV for every Bitcoin Cash you hold.

Clients wanting to deposit Bitcoin Cash to take advantage of the free Bitcoin SV coins are welcome to do so, however we ask that this be done as soon as possible as we will need to disable all deposits and withdrawals of Bitcoin Cash a few hours before the fork takes place. This will be done to ensure the safety of our clients and the exchange, we will only turn on deposits and withdrawals once our technical team give us the "all clear". This will be done at our discretion and may be days or weeks after the fork. The safety of our clients is always our top priority and we will make sure that both networks are stable and secure before we allow deposits or withdrawals of Bitcoin Cash and Bitcoin SV to resume.

As always AltCoinTrader encourages everyone to please do their own research on this fork before getting involved. More information can be found at https://nchain.com/en/blog/bitcoin-sv-bch-protocol-implementation-satoshi-vision/

Tron (TRX) to Launch on 30th October 2018

25 October 2018 (Richard de Sousa, Tron, TRX)

As we continue to strive to meet our clients requests for new coins, AltCoinTrader is proud to announce that we will be launching Tron (TRX) trading on our platform...

Our technical team have been hard at work to ensure that everything is safe and secure before we go live. The target date for going live is 30th October 2018 at around 11h00

Deposits and withdrawals are currently up and running to allow users to deposit Tron (TRX) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Tron (TRX) before getting involved. The official site is https://tron.network

Stellarlumens (XLM) to Launch on 8th October 2018

27 September 2018 (Richard de Sousa, Stellarlumens, XLM)

XLM trading will soon be live on the AltCoinTrader platform. We expect trading to go live at around 11h00 on the 8th October 2018.

Deposits and withdrawals will go live in the next few days to allow clients to deposit Stellarlumens (XLM) so that they have a positive balance when trading goes live.

As always AltCoinTrader encourages everyone to please do their own research on Stellarlumens (XLM) before getting involved. The official site is https://www.stellar.org

Neo and Gas to Launch 10 September 2018

7 September 2018 (Richard de Sousa, Neo, Gas)

Neo and Gas will launch on 10th of September 2018. Neo and Gas deposits have been live for over a week now to allow clients to make deposits before trading goes live.

Our technical team have estimated that trading should go live at around 11h00 on Monday morning, as we all know with techies times are simply estimations of their intentions and anything can happen...

Neo and Gas to Launch Soon

27 August 2018 (Richard de Sousa, Neo, Gas)

AltCoinTrader will be launching Neo and Gas on our trading platform in the next few weeks.

We are going to open and allow deposits of both Neo and Gas this week. This will allow clients the opportunity to deposit Neo and Gas into their accounts so that they already have a balance when the trading opens.

AltCoinTrader will not be paying Gas to clients that hold Neo on the exchange, as we encourage clients not to store coins on any exchange and only have what you need to trade on an exchange.

As always AltCoinTrader encourages everyone to please do their own research for more information on NEO and GAS please go to the NEO website https://neo.org

New Trading Pair BTC/USDT

21 July 2018 (Richard de Sousa, BTC, USDT)

The new trading pair BTC/USDT is set to launch on AltCoinTrader as soon as Monday the 23rd July 2018...

Our technical team are in the final testing phase of the new trading pair, if all goes well we may see this new trading pair live on our exchange in the next few days...

Cardano Now Live

25 June 2018 (Richard de Sousa, Cardano, ADA)

Cardano is currently trading at around $ 0.13 internationally which means this coins is currently worth about R 1.75.

More information on Cardano (ADA) can be found at https://www.cardano.org Please ensure that you do your own research before buying any crypto coins.

Cardano to List on AltCoinTrader

21 June 2018 (Richard de Sousa, Cardano, ADA)

AltCoin Trader will be listing Cardano (ADA) on our exchange. At this stage our technical team have not committed to an exact date however it may be as soon as Monday the 25th June 2018 or possibly later in the same week.

Deposit addresses will go live later today or possibly tomorrow...

USD Tether (USDT) to List on AltCoinTrader

31 May 2018 (Richard de Sousa, USD Tether, USDT)

AltCoin Trader will be listing USDT on our exchange. The target date for listing is Monday the 4th June 2018. Important information about USDT:

  • USDT IS ONLY WORTH $1.00
  • USDT is unlikely to go up or down as it is tether'ed to the United States Dollar (USD)

Withdrawal Fees Reduced

10 May 2018 (Richard de Sousa, Fees)

Due to the fact that withdrawal fees on many of the crypto networks have been reduced Altcoin Trader have also reduced our withdrawal fees by 50% on the following coins BTC, BCH, DASH and ZEC.

Please see our fees page for full details...

Bitcoin Private (BTCP) Deposits and Withdrawals Now Functioning

24 April 2018 (Richard de Sousa, Bitcoin Private, BTCP)

Our technical team have confirmed that the bitcoin private wallet in now up and functioning. Deposits and withdrawals are now working.

Please check your BTCP address as it may have changed. It is important to use the new address as using the old BTCP address may lead to delays in your deposits!

Bitcoin Private (BTCP) Deposits and Withdrawals

20 April 2018 (Richard de Sousa, Bitcoin Private, PTCP)

We are currently experiencing unexpected BTCP wallet issues. This is affecting our BTCP deposits and withdrawals.

Our technical team is doing everything possible to resolve this issue as soon as possible. We will continue to work over the weekend and expect this issue to be resolved in the next day or so...

WARNING!!! Bitcoin Private (BTCP) Trading Unusually High

19 April 2018 (Richard de Sousa, Bitcoin Private, BTCP)

While Altcoin Trader respects and promotes a free market regarding trading we would like to point out to our clients that Bitcoin private is trading unusually high right now!

It should be noted that the international price is considerably lower for Bitcoin private (BTCP)!

We encorage all our clients to do their own research before buying any crypto coins...

Bitcoin Private (BTCP) Trading Now Live

18 April 2018 (Richard de Sousa, Bitcoin Private, BTCP)

Bitcoin private BTCP trading is now live on the Altcoin Trader (PTY) Ltd platform

Bitcoin private has been issued to all Altcoin Trader clients who were holding Bitcoin at the time of the fork at block 511346 on February 28th, 2018.

Festive Season Update

31 December 2017 (Richard de Sousa)

Dear Traders, we thank you for your support and would like to advise that we are currently experiencing higher than usual volumes on our platform.

Our call center is battling to deal with the volume of incoming calls and for clients that are unable to get through, we would like to thank you for your patience and ask that you email support@altcointrader.co.za. We reply to all emails within 24 to 72 hours.

Our document verification team is working around the clock and verification can take up to 7 days, please bare in mind that you can deposit and trade while waiting for verification.

Crypto withdrawals continue uninterrupted and are normally processed within ten minutes. We are however currently experiencing some delays with the Ripple network.

Fiat withdrawals are processed during office hours Monday to Friday during the following times 9-10am, 1-2pm and 4-5pm. Please note Fiat withdrawals are not processed during public holidays.

We wish all our clients and their families a good festive season and a prosperous new year!

Bitcoin Gold (BTG) Trading Delayed

24 October 2017 (Richard de Sousa, Bitcoin Gold, BTG)

Altcointrader is still not happy with Bitcoin Gold network, software and security we have seen fit to delay the trading of this coin till we are satisfied that it is a properly supported fork.

Our clients safety and the safety of our trading platform is always our top priority and we will not be trading this coin till we are 100% sure that it is safe to commence...

Bitcoin Gold (BTG) Fork has happened and Balances Credited!

24 October 2017 (Richard de Sousa, Bitcoin Gold, BTG)

At around 03h20 on 24 October 2017 block 491407 processed and the Bitcoin Gold hard fork took place and Bitcoin Gold was born.

Everyone who held a positive Bitcoin balance at Altcointrader has been credited with the same amount of Bitcoin Gold.

While we expect to have trading live on our platform later today, it will be some time before deposits and withdrawals are allowed, this will only be allowed once the network is stable and we are sure that our systems are secure.

We assure you that we are working hard to get deposits and withdrawals of BTG active as soon as safely possible...

Bitcoin Fork Bitcoin Gold (BTG)

17 October 2017 (Richard de Sousa, Bitcoin Gold, BTG)

As you may know, Altcoin Trader was the only Exchange in South Africa to issue their clients Bitcoin Cash in a timeous manner and thus enabled our customers to gain wealth in the process. We are now presented with another fork called Bitcoin Gold.

Bitcoin Gold will be issued to all Altcoin Trader clients who are holding Bitcoin at the time of the fork estimated 25th October 2017.The ratio will be 1:1 as it was with Bitcoin Cash. There is no indication at this moment that Ledger or Trezor will make Bitcoin Gold available so now is the time to start moving coins to Altcoin Trader. Altcoin Trader will also be launching Bitcoin Gold trading on our platform, so clients wishing to trade or sell their Bitcoin Gold will be able to do so. We will provide more details as and when events unfold...

Bitcoin Fork Bitcoin Cash (BCH)

2 August 2017 (Richard de Sousa, Bitcoin Cash, BCH)

Bitcoin Cash - Will be issued to all AltcoinTrader clients who were holding bitcoin at the time of the fork. Our technical team is working hard on auditing this processes in order for our clients to get their Bitcoin Cash.

AltcoinTrader will also be launching Bitcoin cash trading on our platform, so clients wishing to trade or sell their Bitcoin cash will be able to do so, right here on our platform.

Bitcoin Network Changes / SegWit Upgrade Expected 1 August 2017

27 July 2017 (Richard de Sousa, Bitcoin)

Altcoin Trader Pty (Ltd) would like to take this opportunity to reassure our clients that we have taken every measure to protect our customers Bitcoins over next couple of days whilst the bitcoin network is being upgraded worldwide.

Our technical team have prepared for the many possible scenarios that might unfold and we are confident that we will continue to provide the excellent service that you our clients have become accustom to.

Bitcoin deposits will be slower than usual with a minimum of 6 confirmations required. Withdrawals will be staggered over this period until we have more clarity over the progress of the upgrade.

After careful consideration Altcoin Trader Pty (Ltd) has taken the stance that should the fork happen we will support Bitcoin Cash and give our clients their Bitcoin Cash.

We would like thank our customers for their continued support and understanding in this matter.

AltCoinTrader Launches Ethereum (ETH)

28 June 2017 (Richard de Sousa, Ethereum, ETH)

Altcoin Trader Pty (Ltd) launches ethereum trading! Clients can now trade or buy Bitcoin (BTC), Litecoin (LTC), Namecoin (NMC), Ripple (XRP) Dash (DASH) Zcash (ZEC) and Ether (ETH) on our trading platform.

Ethereum is an exciting crypto coin that has a lot of functionality and is very widley traded!

AltCoinTrader Launches Dash and Zcash

19 June 2017 (Richard de Sousa, Dash, ZCash)

Altcoin Trader Pty (Ltd) launches dash and zcash trading! Clients can now trade or buy Bitcoin (BTC), Litecoin (LTC), Namecoin (NMC), Ripple (XRP) Dash (DASH) and Zcash (ZEC) on our trading platform.

Both Dash and Zcash are similar to Bitcoin in their design, The estimated Dash to be produced is 19 million while Zcash like bitcoin will have a total of 21 million coins.

AltCoinTrader Launches Ripple (XRP)

13 June 2017 (Richard de Sousa, Ripple, XRP)

Altcoin Trader Pty (Ltd) launches ripple trading! Clients can now trade or buy Bitcoin (BTC), Litecoin (LTC), Namecoin (NMC) and Ripple (XRP) on our trading platform.

Ripple or XRP is a very interesting crypto coin it is a distributed financial technology that enables banks to send real-time international payments across networks.

Of the 100 billion ripple created, half the ripple will be retained by the creators, while the other half will be released.

AltCoinTrader Getting Started, the Basics

2 May 2015 (Richard de Sousa, How to, Learn)

Learn how to buy and send a bitcoin via the Altcoin Trader platform

We have put together a basic video tutorial which will help you to get started with the Altcoin Trader platform.

This video should help you understand how to buy a bitcoin and then how you could send that bitcoin to yourself or someone on the other side of the world!

We cover:

  • How to buy a bitcoin
  • Basic site features
  • How to send a bitcoin

Free Namecoins Get Your Share

26 March 2015 (Richard de Sousa, Namecoin)
Free namecoins

Altcoin Trader is the first South African Exchange to offer Namecoin trading! To celebrate this we would like to give away 500 namecoins!

The idea behind this promotion is to welcome our new clients and to stimulate the trading of namecoins on our platform.

To get your share all you need to do is register and make a deposit of R 1000 or more into your trading account and we will credit your account with 10 free namecoins.

#Offer valid till 30th April 2015 while stocks last!

AltCoinTrader Launches their Trading Platform

23 March 2015 (Richard de Sousa, Launch)

Today 23rd March 2015 is a big day here at AltCoinTrader as we launch our South African online trading platform...

It all started in late 2013 when the development team at Netspace Internet Solutions (Pty)Ltd began developing an online trading platform. We wanted to create a powerful yet easy to use trading site where South Africans could buy, sell and trade not only bitcoin but other alternative currencies like litecoin and namecoin.

After nearly 18 months of planning, re-planning, development and testing... Here we are!