Initial withdrawal limits

As the WAXEX fiat gateway is relatively new, there will be some initial restrictions for withdrawing funds. Once there is enough fiat volume on the exchange these restrictions will be lifted.

  • R10,000.00 per account per week.

To withdraw fiat to your listed bank account

  1. create and submit a withdrawal request for your account.
  2. you will be provided with a withdrawal request link with unique reference attachment
  3. send the specified amount of Rand tokens to the provided address and use your withdrawal request reference in the transaction.
  4. once the Rand tokens have been received, you will be sent a notification email to confirm your withdrawal
  5. Withdrawals to your specified account will be processed within 2-4 working days
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