Overview

The FiveWest wallet is where you can store your different assets. Digital assets in our custody are stored securely with Ceffu. Ceffu offers cutting-edge security features from robust authentication protection to multi-layered encryption for cold storage solutions.

Supported Currencies

Subwallets

Subwallets are secondary wallets that are connected to a main wallet. Subwallets let clients organise and manage funds with flexible features: instant trading, interest-earning accounts, deposits/withdrawals in fiat and crypto, internal transfers, and downloadable statements.

There are two types of subwallets available:

Fiat subwallets: Free for all users, only accept fiat deposits, but support trading into and withdraw crypto.

Crypto subwallets: Support both fiat and crypto deposits, available on request with a small provisioning fee.

Client Requirements

- Create either an individual or business user profile, and create a wallet.

- If subwallets are required, these must be requested (business clients only).

- White-list wallet addresses for sending/receiving crypto. Learn more.

Costs

Custody: Clients incur no costs to make use of our standard custody solution.

Sub-wallets: Fiat-deposit sub-wallets are free, Crypto-deposit sub-wallets cost 0.5 USD each.

Fiat withdrawals: 50 ZAR per withdrawal.

Crypto withdrawals: Network fees apply. See here for more information.