AltCoinTrader charges a flat 0.1% fee for limit orders and a 0.75% commission for market trades. With over 30 cryptocurrencies available for trading, the platform requires a minimum of 0.00001 in Bitcoin deposits and 100 ZAR in USD/USDT funding.
Over the years, it has attracted tens of thousands of traders, and its average daily trading volume in 2024 ranged between $500,000 and $4 million, according to CoinGecko data.
Another standout feature is its compliance and licensing framework. AltCoinTrader operates under FSP license number 53614 as a regulated Crypto Asset Service Provider in South Africa, setting it apart from many unlicensed offshore exchanges.
AltCoinTrader Information + Regulation
Founded in 2015, AltCoinTrader is a South African cryptocurrency exchange. Key Facts:
- Legal Name: AltCoinTrader (Pty) Ltd
- Headquarters: Johannesburg, South Africa
- Regulatory Status: Licensed Crypto Asset Service Provider and authorized Financial Service Provider (FSP# 53614)
AltCoinTrader Founder and CEO
AltCoinTrader is led by Richard de Sousa, the founder and current CEO of the exchange.
As a South African entrepreneur with deep roots in the cryptocurrency ecosystem, Richard has been a vocal advocate for making digital assets accessible to everyday traders.
His leadership has positioned AltCoinTrader as one of South Africa’s most recognized crypto exchanges, offering users a reliable gateway into Bitcoin and a wide range of altcoins.
Based on Richard de Sousa LinkedIn profile, his vision for AltCoinTrader has always revolved around transparency, accessibility, and financial inclusion.
AltCoinTrader Exchange Key Specifications
Here's a quick rundown of what you will face with the discussed company as a crypto exchange:
Exchange | AltCoinTrader |
Launch Date | 2015 |
Levels | Level 1-4 |
Trading Fees | Limit Order: 0.1%, Market Order: 0.75% |
Restricted Countries | UN-Sanctioned Countries |
Supported Coins | +30 |
Futures Trading | None |
Minimum Deposit | 0.00001 in BTC, 100 ZAR in USDT/USD |
Deposit Methods | Capitec Pay via Stich, Crypto |
Withdrawal Methods | Credit/Debit Cards, Bank Transfers, Crypto |
Maximum Leverage | 1x |
Minimum Trade Amount | N/A |
Security Factors | 2FA, SSL Certificate, Proof of Reserves, Cold Storage |
Services | Easy Save |
Customer Support Ways | Email, Ticket, Telephone |
Customer Support Hours | 9:00-16:30 on Weekdays |
Fiat Deposit | ZAR |
Affiliate Program | No |
Orders Execution | N/A |
Native Token | None |
Notable Benefits and Drawbacks
This exchange comes with its advantages and disadvantages, similar to its competitors. Let's weigh the good against the bad:
Benefits | Drawbacks |
Simple User Interface Without Any Complexities | Lack of Advanced Trading Features |
Fast Registration | Limited Selection of Tradable Digital Asests |
Proof of Reserves | No Live Chat Support |
User Levels + Comparison
AltCoinTrader has set 4 levels for verified users that differentiate in some factors. The table below compares them:
Level | Condition | Limitation |
Level 1 | None | Unlimited Trades and Deposits with Withdrawals Limited at R1,000 |
Level 2 | Verified FICA Documents | Level 1 + Withdrawals Limited at R200,000 in 24h |
Level 3 | Level 2 + 2FA Activated for over a month | Level 2 + Withdrawals Limited at R1,000,000 |
Level 4 | Verification with Support Team | No Limits |
AltCoinTrader uses a flat-rate system and does not implement user-tiered fee structures, VIP levels, or loyalty incentives.
All users, regardless of volume or tenure, are subject to the same 0.1% trading fee. The absence of a referral or reward program means users won’t benefit from network-building or long-term usage perks.
Trading Fees and Other Commissions
When it comes to fees, AltCoinTrader offers a competitive structure, but it's not without its quirks:
Fee Type | Amount |
Limit Order | 0.1% of Trade Value |
Market Order | 0.75% of Trade Value |
Maximum Fee in Deposit | 0.5% (capped at R95.00) |
CASH or EFT Deposit | Determined By the Bank |
CASH Deposit Surcharge | An additional 5% for Fiat Deposits |
Crypto Withdrawal | Variable |
Crypto Deposit | None |
For the calculation of profits/losses after closing a trading position in the crypto market, you can use a crypto profit calculator.
Digital Assets Available for Trading
AltCoinTrader supports over 30 cryptocurrencies, all of which are priced directly in ZAR (South African Rand), eliminating the need for exchange rate conversions. ACT supports major coins like:
- Bitcoin (BTC)
- Ethereum (ETH)
- Cardano (ADA)
- Tether (USDT)
- Dogecoin (DOGE)
- Chainlink (LINK)
- Polkadot (DOT)
- Shiba Inu (SHIB)
- Stellar (XLM)
AltCoinTrader also offers access to niche tokens such as Namecoin (NMC), Krugerrand (XAU), Silver (XAG), and BitTorrent (BTT).
This range caters well to South African traders seeking access to established and emerging tokens without converting their fiat into USD or EUR.
Futures and Margin Trading
For those looking to amp up their trading game with futures or margin trading, this is not a suitable option for you. AltCoinTrader currently does not offer these advanced trading options.
Signing Up and Verification on AltCoinTrader Exchange
You can easily and quickly create an account on the exchange. Here’s a guide:
#1 Exchange's Official Website
Navigate to AltCoinTRader official website and click "Register".
#2 Registration Form
Fill out the sign up form with the following information:
- Username
- Account password
- Email address
Accept the exchange's terms and conditions. Click the verification link sent to your email to activate the account.
#3 AltCoinTrader Verification
Afterwards, your activation will be complete, and you can log in with your account. For verification, you must complete your profile and provide FICA documents, including:
- Proof of ID: Passport or Driving license
- Proof of Residence: Utility bill or Bank statement
AltCoinTrader Trading Guide
With a few easy steps, you will be able to trade cryptocurrencies on the AltCoinTrader website.
#1 Choose a Trading Pair
All of the tools for trading are available directly on the homepage of the AltCoinTrader website. Simply choose a trading pair from the right side of the page, or search for it using the search box.
#2 Enter the Amount
Now scroll down a bit, and you can see two separate sections for buying and selling the cryptocurrency. Enter your preferred trading volume in the “Amount” section.
#3 Confirm the Trade
The platform will show you the total price, and you can click on the “Buy” or “Sell” buttons to confirm the trade.
AltCoinTrader Trading Platform and Its Applications
ACT offers a proprietary trading platform that strikes a balance between functionality and user-friendliness. It is accessible through the website’s homepage and 2 applications on mobile. Download Links:
AltCoinTrader Trading Volume
Based on the AltCoinTrader CoinGecko page, over the last three months, AltCoinTrader has shown fluctuating but consistent trading activity.
According to CoinGecko data, the daily exchange trade volume ranged mostly between $500K and $2M, with occasional peaks nearing $3.5M–$4M in mid-July.
From late June until early July, volumes were relatively moderate, often below $1M per day, but starting mid-July, sharp spikes occurred, indicating higher market participation and possibly increased demand for specific altcoins.
Afterward, August trading stabilized, with daily volumes hovering around $1M–$1.8M, though short-lived surges above $2M still appeared.
In September, volumes became steadier but slightly lower than July’s highs. Most days fluctuated between $700K–$1.5M, with a notable rebound toward the third week of September, where volumes again touched nearly $2M.
AltCoinTrader Services
In this section, you can check out the availability of popular trading services on AltCoinTrader:
Service | Availability |
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | No |
OTC Trading | No |
No | |
Launchpad | No |
NFT Marketplace | No |
Referral Program | No |
DEX Trading | No |
Auto-Invest (Recurring Buy) | No |
Safety Measures: Is ACT Secure for Your Assets?
AltCoinTrader has a solid reputation for security, with no reported breaches since its inception.
The platform implements two-factor authentication (2FA) and stores most of its digital assets in cold wallets. Safety Factors:
- Two-Factor Authentication (2FA): Extra layer of security for your account and data
- SSL Encryption: Ensures secure communication between your browser and the exchange
- Proof of Reserves: More than the exchange’s liabilities to its clients
- Cold Storage: The majority of assets held in offline and off-site storage
The exchange lacks advanced security options like facial recognition, and is not protected by an investor compensation scheme.
While it is regulated within South Africa, it does not operate under any Tier-1 global jurisdiction.
Deposit/Withdrawal Options in AltCoinTrader
The exchange caters primarily to the South African market, reflected in its payment options:
- Capitec Pay via Stitch: Instant deposits for Capitec bank account holders
- Bank Transfers: EFT payments from major South African banks
- Credit/Debit Cards: Limited support for card payments
- Cryptocurrency Deposits: Direct transfers of supported digital assets
AltCoinTrader has a minimum deposit threshold of 100 ZAR or its equivalent in USD/USDT or 0.00001 BTC.
Traders can start with as little as 4 ZAR per order, making the exchange highly accessible for users who wish to invest small amounts or gradually scale up their exposure.
Trust Ratings and Evaluation Scores
AltCoinTrader’s scores on Trustpilot and other sources reflect a mixed bag when it comes to user reviews:
- Trustpilot: 3.5/5 stars (based on 120+ reviews)
- io: 1.5/5 out of 80+ ratings
- ScamAdviser: 88/100 Trustscore, 1.7/5 user score based on more than 20 reviews)
AltCoinTrader Features
The table below will provide a quick look at AltCoinTrader's special crypto features.
Staking | Yes |
Yield Farming | Yes |
Social Trading | No |
Liquidity Pool | No |
Crypto Cards | Yes |
AltCoinTrader Bonus
AltCoinTrader doesn’t rely only on trading activity to attract and reward users.
The exchange has built bonus-style offerings that provide both passive rewards and active participation incentives through two main programs: “Easy Save” and “Airdrops & Giveaways”.
Bonus Type | Description | Benefits | Flexibility |
Easy Save | Deposit supported crypto to earn rewards, similar to interest | Passive income, daily accruals, no lock-up requirements | Withdraw anytime while still earning |
Airdrops & Giveaways | Free tokens and promotional prizes are distributed by the exchange | Extra tokens, chance to win rewards, community events | Depends on campaign rules |
AltCoinTrader Easy Save Program
The Easy Save program allows users to earn passive income on their crypto holdings.
By depositing supported coins or tokens into Easy Save crypto wallets, traders receive interest-like rewards without locking up their funds.
Returns vary depending on the asset, but the main advantage is flexibility; users can withdraw their crypto at any time while still earning yield.
AltCoinTrader Airdrops & Giveaways
The Airdrops & Giveaways program creates more active engagement. AltCoinTrader periodically distributes free tokens, often tied to partnerships, promotions, or new project launches.
These airdrops can add extra value to traders’ portfolios without requiring additional investment.
In addition, seasonal giveaways offer users the chance to win prizes, creating a community-driven atmosphere and encouraging higher platform activity.
AltCoinTrader Exchange Support
Regarding customer support, AltCoinTrader offers 2 contact options:
- Email: support@altcointrader.co.za
- Telephone: 011 568 2684
As mentioned on the website, the support team is available onweekdays from 09:00 to 16:30.
Copy Trading and Passive Earning Methods
AltCoinTrader offers passive income opportunities via its Easy Save feature, allowing users to earn interest on selected cryptocurrencies in their account.
Supported assets on ACT Easy Save and respective APYs:
- Bitcoin: 4.00%
- Ethereum: 4.40%
- Tether (USDT): 7.32%
- Cardano: 5.08%
- TRON: 10.44%
- South African Tether: 5.23%
This makes AltCoinTrader a rare local exchange with built-in staking-like features, offering yield to long-term holders. ACT Easy Save key features:
- No fees for holding assets
- No lock-in period
AltCoinTrader does not offer copy trading, portfolio mirroring, or automated investment strategies.
Users seeking to follow expert traders or engage in passive portfolio replication will need to explore third-party platforms or exchanges with social trading features.
Which Countries Are Restricted by AltCoinTrader?
Based on the available data on official sources, the exchange does not accept clients from UN-sanctioned countries, which include:
- Iran
- North Korea
- Yemen
- Iraq
- Sudan
- Libya
- And more
AltCoinTrader Comparison Table
Let's see where ACT exchange stands in comparison with other platforms regarding services.
Features | AltCoinTrader Exchange | |||
Number of Assets | 30+ | 400+ | 2500+ | 700+ |
Maximum Leverage | 1:1 | 1:125 | 1:100 | 1:125 |
Minimum Deposit | 100 ZAR | $1 | N/A | N/A |
Spot Maker Fee | 0.1% | 0.02% - 0.1% | 0.055% - 0.2% | 0.1% |
Spot Taker Fee | 0.1% | 0.04% - 0.1% | 0.065% - 0.2% | 0.1% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | No | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | No | Yes | Yes | Yes |
Writer's Opinion and Conclusion
AltCoinTrader provides 4 payment methods [Capitec Pay, bank transfer, credit/debit cards, crypto] for making deposits and withdrawals.
The company has received a 3.5/5 score on “Trustpilot” with 120+ reviews. Also, “ScamAdviser” has given a 88/100 Trustscore to ACT.
From a functionality standpoint, AltCoinTrader offers flat trading fees (0.1% for limit, 0.75% for market orders), proof-of-reserves transparency, and multi-layered security with 2FA, SSL encryption, and cold storage.
Looking at trading performance, its average daily volumes of $700K–$2M in 2025 position it as a mid-tier exchange globally, but a top-tier exchange within South Africa.