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

Sub-wallets

Business clients can create and manage subwallets for different business units, use cases, or individual customers.

Sub-wallet functionality

- Execute Instant Buy/Sell trades

- Deposit and withdraw funds in both fiat and supported cryptocurrencies

- Transfer funds between sub-wallets and/or the primary wallet

- Generate sub-wallet statements

Sub-wallet types

Crypto and fiat deposits

These sub-wallets support both crypto and fiat deposits. They are available only upon request. To gain access, clients must contact us at [email protected] with "Request for Subwallet Provisioning" as the subject line and include the number of sub-wallets they want provisioned. A base creation fee of 0.5 USDT per wallet will be charged to their main wallet at the time of provisioning. Please note that this fee is subject to change.

Fiat only deposits

These sub-wallets can only receive fiat deposits. However, they are still able to trade into, and withdraw crypto. They are readily available to all business users and are free to create.

Client Requirements

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

- If crypto deposit sub-wallets 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: 20 ZAR per withdrawal.

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