By Anton Kovačić
Bitcoin Revolution South Africa
In 2009, Bitcoin was introduced into the financial markets, and at the time, it was evident that this digital currency was going to shake up the industry. Traders globally quickly jumped in and took advantage of the many trading opportunities that Bitcoin offered.
As Bitcoin started to be used more globally as a form of transaction and was seen as a store of wealth, more people turned to trading Bitcoin CFDs online. In response, a wide range of tools were developed which boosted trading accuracy and profitability. These included trading signals, analytical tools and automated trading software. Traders in South Africa quickly also got in on this trading action and very quickly, it became evident that the leading software solution, Bitcoin Revolution, was helping thousands of everyday people to make real money from trading Bitcoin and other cryptocurrencies.
What is Bitcoin Revolution
Bitcoin Revolution is an effective and intuitive automated trading software. It enables anyone, even if you have no prior experience or an understanding of the financial markets, to profit from trading Bitcoin. Bitcoin Revolution was developed by a team of dedicated trading experts who quickly realized the profit potential of the Bitcoin market. They created an algorithm that analyses the markets with laser-accuracy, taking into account historical data and the existing market conditions, and then pinpoints potentially profitable trading opportunities.
Once the trading opportunity is found, the software generates a trading signal, advising which asset to trade and when. To top it off, since the trading software is automated, once a trading signal matches the trading parameters in the software, it will automatically open a trade on the trading platform. The whole process can take place without the intervention of the trader, meaning that you can make money even while you are asleep.
The big benefit of the Bitcoin Revolution software is that it is able to analyse the markets with an accuracy of over 99% and this means that most of the trades it opens, will end successfully. If you do a search online, you will find many users across the globe that are using this software and making real money. It is clearly evident that with Bitcoin Revolution, financial freedom is possible.
Bitcoin Revolution Trevor Noah
Everyone in South Africa has heard about Trevor Noah; he is the award-winning comedian from South Africa who is now the host of The Daily Show on Comedy Central in the USA. It was recently reported that Trevor Noah invested over $25 million (R367 million) in the Bitcoin Revolution software and he is now giving back to his fellow South Africans, making many people very rich, very fast.
During a special segment of his show in the US, he spoke about his recent investment as well as about his intention to retire and dedicate his life to helping people from his home country. His goal is to help people in South Africa achieve financial freedom. Trevor explained that when users use the Bitcoin Revolution software, he gets a share of any profits that are made, and this has helped him to earn millions of dollars in a short space of time.
The best part was the during the show, Trevor took the time to show Bitcoin Revolution in action. He was able to log in, and set the automated trading software and within minutes, he had made a profitable trade.
After the show aired, Catherine Armstrong, a CNN reporter, asked Trevor why he does not keep all the money that he is making for himself. He explained that he was not using this exciting opportunity for himself but to rather really spread the wealth.
Until now, Noah has only invited a select few South Africans to take part in his program and they are amazed at how easy it is to make money with the Bitcoin Revolution software. With the price of Bitcoin being so volatile, there are many opportunities to profit.
The fact is, if Trevor Noah, a comedian without a college education, can make money using the Bitcoin Revolution software to make real money, so can anyone else.
Bitcoin Revolution App
To get a broader understanding of the capabilities and strengths of Bitcoin Revolution, you can start by watching the video on the Bitcoin Revolution website. The software offers a wide range of features. To start, the software is available free of charge. There are no hidden costs and fees. You simply visit the website, complete the short registration form and within minutes, your Bitcoin Revolution account will be activated.
Another benefit of the Bitcoin Revolution app is that anyone can use it. If you are new to the online trading world, the software will do all the analysis for you and will even trade for you automatically. For experienced traders, you can use the software to confirm your trading analysis and strategies. To top it off, the Bitcoin Revolution app can be set to manual mode, giving traders full control of their trading activities.
The Bitcoin Revolution software is convenient and easy to use. You do not need to download any software or to constantly install updates. Since the software is completely web-based, you only need an Internet connection and a modern browser, and you can start trading immediately in the Bitcoin and cryptocurrency markets.
Bitcoin Revolution has partnered with top brokers in the industry. It is these brokers that will provide you with direct access to an intuitive trading platform, where the trades will be made. The Bitcoin Revolution software also works seamlessly with the platforms of their preferred brokers. You will need to make a deposit of $250 (R3600), and this is your trading capital. This means that the money belongs to you and you can withdraw your funds and your profits at any time, hassle-free.
The customer support is also responsive and professional, and you can always contact Bitcoin Revolution and one of their support staff will always be available to assist you and to answer any questions you might have.
It really doesn’t get any easier than the Bitcoin Revolution software.
Tax on Bitcoin South Africa
It is important to note that while Bitcoin and other cryptocurrencies are not recognised as legal tender in South Africa, according to the South African Revenue Service (SARS), you will need to pay tax on these digital currencies.
According to SARS, anyone who accepts Bitcoin as a form of payment, must declare this payment as taxable income. In addition, if traders in South Africa have made a profit from trading Bitcoin, they will need to pay capital gains tax.
But SARS didn’t stop there. Those people who ‘mine’ Bitcoin in South Africa, are also required to pay tax. For now, SARS does not require new tax laws to be drawn up for cryptocurrencies. Instead, it will use existing laws and Bitcoin falls under the ‘intangible assets’ clause. It will therefore be treated accordingly.
In their statement, SARS said, "While not constituting cash‚ cryptocurrencies can be valued to ascertain an amount received or accrued as envisaged in the definition of ‘gross income’ in the Income Tax Act. Following normal income tax rules‚ income received or accrued from cryptocurrency transactions can be taxed on revenue account under ‘gross income’. Alternatively, such gains may be regarded as capital in nature‚ as spelt out in the eighth schedule to the Act for taxation under the capital gains tax paradigm."
For now, the VAT status of Bitcoin is still under review.
It is evident that South Africans are quickly understanding the potential of trading Bitcoin and other cryptocurrencies and instead of waiting for something to happen, take the bold step and sign up with Bitcoin Revolution. Your journey to financial freedom starts now!