REASONS TO USE CURRENCY HUB
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- With regulatory approval and legal opinion on the Currency and Exchanges Act, we facilitate your crypto-arbitrage trade legally.
- Our 3-year track record in crypto-arbitrage trading has generated over 500 Bitcoin arbitrage trades with zero losses.
- Our crypto-arbitrage has generated an average gross return of 5% since inception with zero exposure to Bitcoin.
- Our best of breed counterparties include 4 crypto exchanges, 2 authorised dealers (RSA banks), OTC & FX brokers, legal and tax specialists.
- Both founders have deep experience in trading, asset management, alternative investments, regulation and compliance.
- As a juristic representative of an authorised Financial Service Provider (47701) dealing in FX, we're accountable the FSCA and FAIS Act.
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WHY THE CRYPTO-ARBITRAGE EXISTS
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- Arbitrage is simultaneously buying and selling securities, currency, or commodities in different markets to take advantage of differing prices for the same asset.
- Pricing differs because of supply and demand, which is influenced by access to information and at times regulation and / or capital constraints.
- The crypto-arbitrage trade exists because the price of a Bitcoin in South Africa is around 5% more expensive than other countries due to our exchange control.
- South Africans may send R11m offshore each year using their R1m travel allowance (SDA) and their R10m foreign investment allowance (FIA).
- CURRENCY HUB has a legitimate process to generate low-risk returns using offshore allowances to profit from the arbitrage which is currently available.
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CRYPTO EXCHANGES
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AUTHORISED DEALERS
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FOUNDERS
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DAVID FARELO
10+ years in Investment Management and Fintech brings operations, portfolio management, equity & derivatives trading experience, while also trading crypto (PA) for the past 3 years.
View my profile on LinkedIn
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ANDREW LUDWIG
10+ years in Investment Management brings fund management, Regtech and distribution experience, supporting asset managers, financial advisors, DFM's, family offices and HNWI's.
View my profile on LinkedIn
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Through the other financial services businesses we operate, we are recognised by the FSCA as FAIS “Fit & Proper” Key Individuals and Representatives (RE1, RE3, RE5) with all the necessary infrastructure and mandates expected of an authorised Financial Services Provider (Cat 1 & 11). For the circumstances of "unregulated cryptocurrencies", we provide an intermediary service with zero financial advice, within the framework of the FSCA and Currency and Exchanges Act, in anticipation of the imminent regulation of the crypto-landscape that will likely see CASP's (Crypto Asset Service Providers) adhering to the FAIS Act like other FSP's.
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Blockchain Currency Hub (Pty) Ltd, trading as CURRENCY HUB, is a consultancy enabling qualified investors to trade in cryptocurrencies. CURRENCY HUB is a juristic representative of Black Onyx Alternative Investments (Pty) Ltd, an authorized financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 47701 in terms of the Financial Advisory and Intermediary Services Act (Act No. 37 of 2002), to support our FX intermediaries and FX advisory requirements for FIAT currency.”
PAST RETURNS DO NOT GUARANTEE FUTURE PERFORMANCE
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