AltCoinTrader Review 2026
Best for: SA-Focused Altcoins
Open an account with AltCoinTrader and start trading in ZAR.
Open AltCoinTrader account →Pros
- +100% South African owned and operated
- +60+ coins including some unique SA-listed assets
- +FSCA licensed
- +Long track record — operating since 2017
- +ZAR EFT deposits
Cons
- −1% taker fee is high compared to Luno and VALR
- −Older interface — less polished than competitors
- −Smaller liquidity pool on some pairs
- −Mobile app less refined
ZAR Deposit Methods
Overview
AltCoinTrader is one of South Africa’s oldest crypto exchanges, operating since 2017 and fully SA-owned. It was the first exchange to list several altcoins for the local market and maintains a loyal user base among South Africans who prefer keeping their funds on home soil.
Who is AltCoinTrader best for?
AltCoinTrader suits South African crypto users who prioritise local ownership, want access to altcoins not available on Luno, and are comfortable with a no-frills trading interface. It’s not the best choice on fees alone — VALR wins on price — but its SA focus resonates with users who’ve had concerns about offshore exchange risk.
Fees in Detail
AltCoinTrader’s 1% taker fee is significantly higher than both Luno (0.1%) and VALR (0.2%). For frequent traders this adds up quickly. However, maker fees are 0% and for buy-and-hold investors making occasional purchases, the difference in ZAR terms is relatively small.
ZAR Deposits
AltCoinTrader supports EFT and card deposits in ZAR. PayShap is not currently supported, which is a notable gap compared to Luno and VALR.
FSCA Licensing
AltCoinTrader is fully FSCA-licensed as a crypto asset service provider in South Africa.
Verdict
AltCoinTrader earns its place for its South African roots and altcoin selection. But if fees are a priority, VALR is the better option. Consider AltCoinTrader as a supplement to a primary exchange rather than a standalone solution.
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FSCA-licensed · ZAR deposits · No hidden fees