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JSE ALSI is only 7% a year if you think about it.

So I'm planning to move from FNB to Capitec, anyone here use Capitec? Anything I need to know before I close my FNB account?

...and can you transfer your soon to be defunct eBucks to me who in this time is willing to sacrifice himself for the greater good and relieve you of this most heavy of burdens.

Orion popped on good news, I think I will hold off on this one, not minning yet.

I get no interest at FNB and I'll get 5.4% at Capitec. I generally keep at least R30k in that account so it'll add up. Sorry, I sold all my ebucks yesterday. Got 30% more than face value, good deal to me.

Is that the regular savings/current account or like an emergency fund?

My current account at FNB after all the debit orders is close to R0. Extra funds is in a 32 day account I use to fund the credit card if there was an emergency of some sorts.

Thanx for the tip, will try Luno. I see they are the prefered platform.

If you want to by LTC local the only option is ICE3X but they have highish margins so take care to compare prices.
If you're using ZAR rather buy BTC from Luno and move it to an exchange where you can swop it for other currencies like LTC.
Actually, a better way of doing it is to move your BTC away from Luno to a wallet where you control the private keys.
One option is to use http://www.exodus.io/ which - a desktop wallet with great features.  You control your own private keys and can use Shapeshift to convert to other supported crypto at low cost. (If you have USD or EUR then buy BTC from Bitstamp.com as it's around 6% cheaper than Luno on avg).
If you want access to all kinds of obscure crypto you can register at https://bittrex.com/

Quote from: Hamster on November 08, 2017, 03:10:39 pm

Is that the regular savings/current account or like an emergency fund?

My current account at FNB after all the debit orders is close to R0. Extra funds is in a 32 day account I use to fund the credit card if there was an emergency of some sorts.

It's my current account. I need to keep a minimum of R20k to avoid monthly fees

This works for me because of my spending patterns, but the eBucks I receive more than covers my monthly fees. I'm on level 5 so I get 40% discount at Checkers...so it really works. Way better solution for me than having to keep R20k in an current account.