Short Summary

BitDirect is a fully automated, online bitcoin brokerage that uses an individual’s South African Annual Foreign Exchange Allowance to source bitcoin internationally. It is the cheapest bitcoin in South Africa. $3.3m sold in 1st month @ 4.2% profit.

Highlights

  • Revenue: $3.3m (297 BTC sold) from December 2017 to January 2018
  • Gross Profit: $157k (12.29 BTC)
  • Website Registrations: 429
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
R2,000,000
Minimum
R250,000
Investment Raised
N/A
Previous Rounds R1,500,000
Stage Achieving Sales
Investor Role Any

Want to pitch on Angel Investment Network?

It’s easy to create a pitch using our online form. Your pitch can be in front of our 198,468 investors before you know it.

Create New Account
Already have an account?

Similar Projects

Global Pro
18% raised

SIMUKA

location_on Gauteng, South Africa

No more data costs. A unique platform that provides access to internet from any broadband network. Choose an access pass to value rich zone of services. A game changer for internet access. Business can target profiled customers directly on SIMUKAZone

R 15,000,000

Target

R 50,000

Min per Investor

Global Pro
18% raised

Sxuirrel

location_on Western Cape, South Africa

Sxuirrel is a marketplace that connects individuals looking for storage or parking space, to those with available, unused space. Think Airbnb, but for storage & parking.

R 5,000,000

Target

R 500,000

Min per Investor

Global Pro
50% raised

Digitize my Cash

location_on Outside SA, Mauritius

DéMars present a painless solution for the over 3 million migrants in South Africa who struggle to open bank accounts and pay almost $200m a year in fees to send money back home.

R 7,000,000

Target

R 25,000

Min per Investor

load one similar proposal