REAL VIRTUAL ASSET VENTURE (PTY) LTD
Fiat to crypto, the compliant way.
Real Virtual Asset Venture is a crypto-asset intermediary. We facilitate fiat-to-crypto purchases as a juristic representative of Fincor Select (Pty) Ltd, an authorised Financial Services Provider (FSP No. 36046).
- Juristic representative
- Fincor Select, FSP 36046
- South Africa
What we do
A fiat-to-crypto on-ramp
RVAV facilitates the purchase of supported crypto assets by approved clients using fiat. A crypto-to-fiat service is not ordinarily provided.
Fiat-to-crypto on-ramp
Buy supported crypto assets with fiat. RVAV facilitates the purchase for approved clients.
Company-owned liquidity
Transactions are fulfilled from RVAV's own crypto assets, primarily stablecoins such as USDT or USDC, via approved peer-to-peer marketplaces and exchanges with escrow.
Verified and compliant
Every client completes onboarding, identity verification, screening and risk assessment before a transaction is approved.
Regulation
A juristic representative of Fincor Select (Pty) Ltd
Real Virtual Asset Venture (Pty) Ltd provides licensed crypto-asset intermediary services as a juristic representative of Fincor Select (Pty) Ltd (FSP No. 36046). Operations are conducted in accordance with South Africa's applicable financial regulation and are subject to client verification and compliance requirements. RVAV is not an exchange.
FSP No. 36046 belongs to Fincor Select (Pty) Ltd. RVAV renders financial services relating to crypto assets under the authority and oversight of Fincor Select and does not hold a financial services provider licence in its own name. The authorisation of Fincor Select by the Financial Sector Conduct Authority (FSCA) does not guarantee any crypto asset, transaction or return.
Risk warning
Crypto-asset transactions involve a high level of risk. Prices can move sharply and you may lose some or all of your money. Transfers are generally irreversible, and assets sent to an incorrect address or network may be permanently lost. Transactions may be delayed, suspended or rejected for legal or compliance reasons. Crypto assets are not bank deposits and are not guaranteed by RVAV, Fincor Select, the FSCA or the South African Reserve Bank. Do not use money you cannot afford to lose.
Pricing & fees
How pricing works
RVAV owns the crypto assets it sells and earns revenue through fees, commissions, spreads, margins and exchange-rate differentials. The rate you are offered may differ from the prevailing spot-market rate and may include network, banking and third-party charges. The applicable rate is communicated to you before you accept a transaction, and you are never obliged to accept a quotation.
Compliance
Verification & screening
Services are subject to identity verification, source-of-funds checks, sanctions screening, transaction monitoring and other applicable compliance requirements. Payments must ordinarily originate from a verified bank account held in your own name. RVAV does not accept cash, anonymous deposits or payments from unrelated third parties.
Complaints
Lodge a complaint
There is no fee for lodging a complaint through RVAV's internal process. Email rvav2@fincor.ai with the subject line “Formal Complaint”, or see the full Complaints Procedure. Please include your contact details, any transaction reference, the date of the event and a clear description of the matter.
If your complaint relates to a financial service and remains unresolved, you may approach the FAIS Ombud (P.O. Box 41, Menlyn Park, 0063; 012 762 5000 / 086 066 3274; info@faisombud.co.za; www.faisombud.co.za).
Contact
Talk to us
- rvav2@fincor.ai
- Registered office
- 81 Featherview Estate, Falls Road, Krugersdorp, 1739, South Africa