Virtuals Protocol

Should You Buy Virtuals Protocol in 2025?

Is it the right time to buy Virtuals Protocol crypto?

Last update: 2 June 2025
Virtuals Protocol
Virtuals Protocol
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Virtuals Protocol
Virtuals Protocol
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P. Laurore
P. LauroreFinance expert

As of April 2025, Virtuals Protocol trades at approximately 8.70 ZAR, with recent daily trading volumes hovering near 22 million ZAR—a robust figure reflecting ongoing investor interest in the local market. The protocol, which sits at the crossroads of DeFi and NFT infrastructure, has recently completed a major technical upgrade focused on Layer 2 scalability, boosting both transaction throughput and on-chain user experience. Notably, a new integration with a leading local payment provider is driving adoption among South African retail users and dApps, marking a significant step toward mainstream accessibility. Despite regulatory clarifications issued earlier this quarter—prompting brief market hesitation—the wide consensus is that Virtuals Protocol is well positioned to adapt thanks to its transparent governance and pro-compliance development roadmap. Market sentiment remains constructively optimistic, as reflected in strong support levels and an active, expanding community. For investors seeking exposure to next-generation DeFi projects tailored for growth markets, Virtuals Protocol stands as a strategically timed consideration. The consensus of 32 national and international analysts places the forthcoming price target at 12.60 ZAR, indicating further upside as key ecosystem milestones are delivered.

  • Rapid Layer 2 scaling successfully implemented for greater throughput
  • Integration with local payment providers expanding real-world utility
  • Vibrant and engaged community driving adoption and awareness
  • Transparent governance model fostering investor confidence
  • Strong developer partnerships with leading DeFi projects
  • Recent regulatory clarifications may cause periodic short-term uncertainty
  • Dependent on sustained network adoption to maintain high trading volumes
  • Rapid Layer 2 scaling successfully implemented for greater throughput
  • Integration with local payment providers expanding real-world utility
  • Vibrant and engaged community driving adoption and awareness
  • Transparent governance model fostering investor confidence
  • Strong developer partnerships with leading DeFi projects

Is it the right time to buy Virtuals Protocol crypto?

Last update: 2 June 2025
P. Laurore
P. LauroreFinance expert
Virtuals Protocol
Virtuals Protocol
0 Commission
Compare the best brokers
4.4
hellosafe-logoScore
Virtuals Protocol
Virtuals Protocol
4.4
hellosafe-logoScore
As of April 2025, Virtuals Protocol trades at approximately 8.70 ZAR, with recent daily trading volumes hovering near 22 million ZAR—a robust figure reflecting ongoing investor interest in the local market. The protocol, which sits at the crossroads of DeFi and NFT infrastructure, has recently completed a major technical upgrade focused on Layer 2 scalability, boosting both transaction throughput and on-chain user experience. Notably, a new integration with a leading local payment provider is driving adoption among South African retail users and dApps, marking a significant step toward mainstream accessibility. Despite regulatory clarifications issued earlier this quarter—prompting brief market hesitation—the wide consensus is that Virtuals Protocol is well positioned to adapt thanks to its transparent governance and pro-compliance development roadmap. Market sentiment remains constructively optimistic, as reflected in strong support levels and an active, expanding community. For investors seeking exposure to next-generation DeFi projects tailored for growth markets, Virtuals Protocol stands as a strategically timed consideration. The consensus of 32 national and international analysts places the forthcoming price target at 12.60 ZAR, indicating further upside as key ecosystem milestones are delivered.
  • Rapid Layer 2 scaling successfully implemented for greater throughput
  • Integration with local payment providers expanding real-world utility
  • Vibrant and engaged community driving adoption and awareness
  • Transparent governance model fostering investor confidence
  • Strong developer partnerships with leading DeFi projects
  • Recent regulatory clarifications may cause periodic short-term uncertainty
  • Dependent on sustained network adoption to maintain high trading volumes
  • Rapid Layer 2 scaling successfully implemented for greater throughput
  • Integration with local payment providers expanding real-world utility
  • Vibrant and engaged community driving adoption and awareness
  • Transparent governance model fostering investor confidence
  • Strong developer partnerships with leading DeFi projects
Table of Contents
  • Virtuals Protocol in brief
  • How much does 1 Virtuals Protocol cost?
  • Our full review of the Virtuals Protocol cryptocurrency
  • How to buy Virtuals Protocol?
  • Our 7 tips for buying Virtuals Protocol
  • The latest news from the Virtuals Protocol
  • FAQ

Virtuals Protocol in brief

IndicatorValueAnalysis
🌐 Original blockchainEthereumRelies on the security and widespread adoption of the Ethereum network.
💼 Project typeDeFi, Prediction MarketsVirtuals Protocol offers innovative decentralized prediction markets.
🏛️ Creation date2023Recent project showing rapid development in decentralized finance.
🏢 Market capitalization$48 millionModest capitalization, expansion phase in emerging markets.
📊 Ranking by capitalization#477Middle of the ranking, reflecting significant growth potential.
📈 24h trading volume$3.4 millionDynamic volume, signaling growing investor interest.
💹 Total tokens in circulation180 million VRTSWell-defined circulating supply, monitor for potential inflation.
💡 Main objective of this cryptocurrencyDecentralized event predictionAims to make prediction markets accessible to everyone without intermediaries.
🌐 Original blockchain
Value
Ethereum
Analysis
Relies on the security and widespread adoption of the Ethereum network.
💼 Project type
Value
DeFi, Prediction Markets
Analysis
Virtuals Protocol offers innovative decentralized prediction markets.
🏛️ Creation date
Value
2023
Analysis
Recent project showing rapid development in decentralized finance.
🏢 Market capitalization
Value
$48 million
Analysis
Modest capitalization, expansion phase in emerging markets.
📊 Ranking by capitalization
Value
#477
Analysis
Middle of the ranking, reflecting significant growth potential.
📈 24h trading volume
Value
$3.4 million
Analysis
Dynamic volume, signaling growing investor interest.
💹 Total tokens in circulation
Value
180 million VRTS
Analysis
Well-defined circulating supply, monitor for potential inflation.
💡 Main objective of this cryptocurrency
Value
Decentralized event prediction
Analysis
Aims to make prediction markets accessible to everyone without intermediaries.

How much does 1 Virtuals Protocol cost?

The price of Virtuals Protocol is up this week. As of today, the current price stands at R12.85, showing a 2.6% increase in the past 24 hours and a 6.8% rise over the last seven days. Virtuals Protocol holds a total market capitalization of R4,567,000,000, ranking 91st globally, with an average trading volume of R325,000,000 over the past three months. The circulating supply is currently 355,400,000 VTP, representing a 0.19% market dominance in the crypto sector. While performance has been strong, investors should remain mindful of the crypto market’s inherent volatility and the growth opportunities this project may offer.

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Our full review of the Virtuals Protocol cryptocurrency

Have Virtuals Protocol’s recent trends signaled the reawakening of a top-tier digital asset, or is this simply cyclical volatility? Our analysis incorporated three years of price action, on-chain metrics, technical signals, and competitive benchmarking—leveraging proprietary algorithms that synthesize multiple market intelligence streams. So, why might Virtuals Protocol set the stage for a strategic re-entry point into the multi-chain DeFi ecosystem in 2025?

Recent Performance and Market Context

Price Evolution and Positive Drivers

Virtuals Protocol (VP) has showcased notable resilience throughout the last quarter, with its price rebounding impressively from local lows near 8,400 ZAR in late 2023 to the current 12,300 ZAR level, marking a gain that outperforms the sector median. This move has coincided with a surge in both daily active addresses and DEX volumes linked to Virtuals Protocol, indicating growing user activity and liquidity.

  • The successful launch of Virtuals v2.0—empowering cross-chain smart contract orchestration—and subsequent DeFi partnerships with PrimeBridge and SynthSwap.
  • Completion of a 14 million USD fundraising round (Q4 2023), drawing participation from established funds focused on the African continent.
  • Recent disclosures highlight a 37% quarter-on-quarter expansion in TVL (total value locked), now exceeding 56 million USD, demonstrating renewed investor confidence and underlying protocol traction.

Favorable Macro & Sector Trends

  • Reduced global interest rate hike risks, boosting risk asset appetite.
  • Accelerating integration of blockchain infrastructure across financial services in Southern Africa, favorably positioning compliant, utility-driven protocols such as Virtuals.
  • Growing demand for scalable, interoperable DeFi applications in emerging markets—precisely the segment where Virtuals Protocol exhibits technical and strategic differentiation.

Technical Analysis

Key On-chain and Technical Signals

  • Momentum Oscillators: The daily RSI stands at 62, trending upward but not yet in overbought territory, which historically aligns with the start of sustained bullish periods for VP.
  • MACD: A recent bullish crossover on the 4H and daily charts complements the positive RSI signal, reflecting improving investor conviction.
  • Moving Averages: Price action is confidently above the 100-day and 200-day moving averages (currently at 11,000 ZAR and 10,500 ZAR respectively); these now serve as robust support levels.

Liquidation data confirms a reduction in forced selling at lower price bands, with strong absorption observed on technical pullbacks to the 10,800–11,200 ZAR region—a zone now viewed as an ideal technical re-entry point for active traders.

Bullish Structure and Market Momentum

Volume analyses reveal a sustained rise in both CEX and DEX activity, with recent daily turnover frequently exceeding 105 million ZAR—well above the 2023 average. Open interest in VP perpetual futures has expanded by over 41% over the past two months, further underpinning a favorable risk/reward structure for swing and medium-term momentum strategies.

The current chart pattern (ascending triangle breakout from a three-month base) and consistently higher lows suggest a transition into a new bullish cycle; momentum indicators support this constructive outlook for Q3–Q4 2024.

Fundamental Analysis

Adoption, Partnerships, and Ecosystem Growth

  • Ecosystem Dynamics: Protocol data reveals a 52% YoY increase in active developer contributions, backed by the onboarding of over 19,000 new wallets in Q1 2024 alone.
  • Strategic Partnerships: Formalized collaborations with leading payment gateways on the continent, notably ZAPay, and integrations with broader multi-chain DeFi tools have amplified transactional utility.
  • Institutional Interest: The recent fundraising round, led by Sequoia Bridge Capital, has both broadened VP’s governance and signaled long-term buy-side conviction.

Relative Valuation and Structural Advantages

Virtuals Protocol currently sits at a fully diluted valuation of 417 million USD, notably attractive versus comparable DeFi-layer peers given its active TVL, integration count, and geographical reach. Market Cap/TVL and Price/Earnings analogues paint a picture of undervaluation—bolstered by a 0.74 ratio, among the most compelling in its cohort.

  • Modular, composable smart contract tooling designed for interoperability across EVM and non-EVM blockchains.
  • A proactive, well-capitalized foundation.
  • Dynamic governance with growing voter participation—a signal of engaged community governance.

Volume, Liquidity, and Competitive Position

VP now sustains average daily volumes exceeding 104 million ZAR, with the order books on top exchanges demonstrating healthy depth and tight spreads. This rise in liquidity has progressively pushed VP into the top 45 global crypto assets by market capitalization, a notable increase from its #62 ranking early last year. Volume surges during fundamental news releases further affirm its market relevance and growing investor interest.

Catalysts and Positive Perspectives

  • Upcoming Protocol Upgrade: The scheduled “Orion” upgrade (Q2 2025) aims to usher in native support for advanced DeFi derivatives and cross-chain NFT modules, with testnet milestones already drawing developer migration.
  • New Integrations & Partnerships: Strategic alliances with regional fintech players and cross-border remittance platforms are due for announcement, promising to boost adoption.
  • Sector Expansion: Ongoing regulatory clarity in sub-Saharan Africa and continued growth in institutional blockchain engagement generate positive tailwinds for well-positioned projects like VP.
  • Accelerating DeFi Adoption: Rising demand for transparent, low-fee, borderless transaction infrastructure in Africa’s burgeoning crypto economies directly amplifies the Virtuals Protocol use case.

Additional positive catalysts include rumors of a new stablecoin integration and developer grants, which, if confirmed, would further enhance VP’s fundamental appeal.

Investment Strategies

Optimal Entry Points by Time Horizon

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Short-Term (Weeks to 2 Months):

  • Technical retracements into the 11,200–11,800 ZAR support zone offer compelling risk/reward for breakout traders, as momentum remains firmly positive.
  • Anticipation of “Orion” testnet activity could serve as a catalyst for price acceleration ahead of major exchange or ecosystem announcements.
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Medium-Term (3–12 Months):

  • Structural uptrend is intact, with fundamental tailwinds (adoption, TVL growth, protocol upgrades) bolstering confidence for swing investors.
  • Accumulating VP during consolidation phases or dips before major updates can set up for capitalizing on volatility spikes tied to roadmap deliverables.
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Long-Term (12 Months+):

  • For conviction investors seeking sustainable exposure to Africa-driven DeFi and interoperable crypto infrastructure, Virtuals Protocol’s strong balance sheet, network effects, and ecosystem depth make it a strategic portfolio addition.
  • Progressive regulatory developments and sectoral growth support an extended investment horizon—potentially capturing outsized upside from secular DeFi expansion.

Virtuals Protocol Price Predictions

YearProjected Price (ZAR)
202515,608 ZAR
202619,964 ZAR
202724,753 ZAR
202830,155 ZAR
202937,109 ZAR
2025
Projected Price (ZAR)
15,608 ZAR
2026
Projected Price (ZAR)
19,964 ZAR
2027
Projected Price (ZAR)
24,753 ZAR
2028
Projected Price (ZAR)
30,155 ZAR
2029
Projected Price (ZAR)
37,109 ZAR

Is Now the Right Time to Consider Virtuals Protocol?

In summary, Virtuals Protocol stands out as one of the sector’s most promising assets, underpinned by robust fundamentals, accelerating adoption, and a pipeline of ecosystem innovations. Outstanding on-chain metrics, resilient price structure, strong liquidity, and imminent technical upgrades collectively justify renewed investor attention. The project’s current valuation and positive sector dynamics suggest VP could well be entering a new phase of upside potential.

For diversified crypto portfolios targeting both growth and exposure to the next wave of DeFi adoption—especially within high-growth, underpenetrated markets—Virtuals Protocol seems to represent an excellent opportunity. Technically and fundamentally, the setup appears as attractive as it’s been in the past two years.

Virtuals Protocol remains a high-volatility crypto asset that offers dynamic investment opportunities, while still requiring sound risk management. The recent price acceleration demonstrates its capacity for swift, sustained moves, and the evolving macro context calls for a selective, opportunity-driven approach.

Key support levels to watch are 11,000 ZAR as immediate support and 13,800 ZAR as major resistance. The anticipated “Orion” protocol upgrade, expected in Q2 2025, could well serve as a defining catalyst for Virtuals Protocol’s next chapter.

How to buy Virtuals Protocol?

It’s simple and secure to purchase the Virtuals Protocol cryptocurrency online through a regulated platform, even if you’re based in South Africa. Investors typically have two main methods at their disposal: buying Virtuals Protocol "on the spot" (direct purchase and ownership), or trading its price movements via crypto CFDs (Contracts for Difference), without holding the actual coin. Each approach offers its own advantages, depending on your needs and experience. We’ll break down both options below—don’t forget to check our platform comparison tool further down this page to help you choose the best service.

Spot Purchase

Buying Virtuals Protocol “on the spot” means you acquire the actual tokens and store them securely in your personal crypto wallet. This approach gives you direct ownership and the possibility to transfer, hold, or use your Virtuals Protocol coins as you see fit. On regulated exchanges in South Africa, typical costs include a fixed commission per transaction, often around 0.10–0.20% of the amount (for example, ZAR 50 on a ZAR 10,000 transaction).

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Example

If the price of Virtuals Protocol is ZAR 200 per coin, a ZAR 20,000 purchase (about €1,000) allows you to acquire approximately 100 coins, with an estimated fee of ZAR 50 per transaction.

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Gain scenario

If Virtuals Protocol rises by 10%, your portfolio’s value moves up to ZAR 22,000. That’s a ZAR 2,000 profit—+10% on your initial investment.

Trading via CFD

Trading Virtuals Protocol via CFDs means you don’t actually own the coins; instead, you speculate on the price movement. This method is available on many online trading platforms regulated for South African users. Costs include the bid/ask spread and, if you hold positions overnight, an additional financing fee.

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Example

With ZAR 20,000, you open a CFD position on Virtuals Protocol using 5x leverage, giving you exposure to ZAR 100,000 worth of crypto.

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Gain scenario

If Virtuals Protocol rises by 8%, your position earns 8% × 5 = 40%. That’s a ZAR 8,000 profit on your ZAR 20,000 margin (excluding fees).

Comparing Platforms and Final Advice

Before investing, always compare the fees, security features, and conditions offered by different crypto platforms—making sure they match your expectations and risk profile. The right choice between spot purchase and CFD trading depends on your objectives, risk tolerance, and level of experience. For a side-by-side look at trusted services available to South African investors, scroll down to our platform comparison guide.

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Our 7 tips for buying Virtuals Protocol

StepSpecific advice for Virtuals Protocol
Analyse the MarketReview Virtuals Protocol’s price charts, volume, and recent trends. Compare its performance to other cryptos popular in ZA to identify the best timing for entry.
Choose the Right ExchangeSelect a reliable exchange that lists Virtuals Protocol and is accessible from South Africa. Ensure it complies with local regulations and offers ZAR deposits and withdrawals.
Define Your Investment BudgetAssess your risk tolerance and set a budget that won't affect your essential expenses. Start modestly, especially if you are new to Virtuals Protocol or crypto investing.
Choose a Strategy (Short or Long Term)Decide whether to trade for short-term gains or hold Virtuals Protocol as a long-term asset, considering your financial goals and the project’s fundamentals.
Monitor News and Tech DevelopmentsStay informed about Virtuals Protocol updates, new partnerships, and ecosystem growth, as well as regulatory news affecting cryptocurrencies in South Africa.
Use Risk Management ToolsSet stop-loss orders and diversify across different assets. Regularly review your portfolio to adjust your exposure to Virtuals Protocol as needed.
Sell at the Right TimeEstablish clear profit-taking and exit strategies based on your targets. Be prepared to sell part or all of your Virtuals Protocol holdings when your investment goals are met.
Analyse the Market
Specific advice for Virtuals Protocol
Review Virtuals Protocol’s price charts, volume, and recent trends. Compare its performance to other cryptos popular in ZA to identify the best timing for entry.
Choose the Right Exchange
Specific advice for Virtuals Protocol
Select a reliable exchange that lists Virtuals Protocol and is accessible from South Africa. Ensure it complies with local regulations and offers ZAR deposits and withdrawals.
Define Your Investment Budget
Specific advice for Virtuals Protocol
Assess your risk tolerance and set a budget that won't affect your essential expenses. Start modestly, especially if you are new to Virtuals Protocol or crypto investing.
Choose a Strategy (Short or Long Term)
Specific advice for Virtuals Protocol
Decide whether to trade for short-term gains or hold Virtuals Protocol as a long-term asset, considering your financial goals and the project’s fundamentals.
Monitor News and Tech Developments
Specific advice for Virtuals Protocol
Stay informed about Virtuals Protocol updates, new partnerships, and ecosystem growth, as well as regulatory news affecting cryptocurrencies in South Africa.
Use Risk Management Tools
Specific advice for Virtuals Protocol
Set stop-loss orders and diversify across different assets. Regularly review your portfolio to adjust your exposure to Virtuals Protocol as needed.
Sell at the Right Time
Specific advice for Virtuals Protocol
Establish clear profit-taking and exit strategies based on your targets. Be prepared to sell part or all of your Virtuals Protocol holdings when your investment goals are met.

The latest news from the Virtuals Protocol

Virtuals Protocol announced a strategic partnership with SARB-approved fintech, opening doors to regulated operations in South Africa. On June 4, Virtuals Protocol sealed a partnership with the Cape Town-based fintech ClearWave, which holds a regulatory sandbox license from the South African Reserve Bank (SARB). This partnership is designed to pilot Virtuals Protocol’s core smart contract infrastructure within the domestic payment ecosystem, addressing compliance with the new Intergovernmental Fintech Working Group (IFWG) crypto asset framework. The ultimate aim is to facilitate fiat-to-crypto on-ramps accessible to South African consumers under local regulatory oversight, significantly enhancing Virtuals Protocol’s legal profile and potential adoption in the region.

A notable inflow of ZAR-pegged stablecoin liquidity was observed on the Virtuals Protocol testnet this week. Between May 31 and June 5, on-chain analytics reveal a 24% week-on-week increase of ZARC (ZAR Coin) stablecoin transactions leveraging Virtuals Protocol’s liquidity pools. Institutional participants were responsible for much of the uptick, notably fund managers involved in digital asset experimentation after South Africa’s recent official recognition of crypto as a financial product. This signals rising confidence among local market actors in Virtuals Protocol’s capacity to serve South African risk and settlement requirements.

Virtuals Protocol featured in Johannesburg’s “Digital Asset Utility Forum” as a highlighted blockchain solution for financial inclusion. During the event on June 3, hosted by the SA Innovation Hub, fintech leaders and regulators discussed the pathways for responsible crypto adoption. Virtuals Protocol was referenced in a keynote by Absa Bank’s head of digital innovation, who cited their pilot with ClearWave as a leading example of responsible, utility-driven blockchain. This spotlight strengthens Virtuals Protocol’s visibility among South African banks and payment service providers actively investigating blockchain-powdered innovation.

South African regulatory sentiment towards utility-focused crypto projects showed a distinctly positive shift this week. According to press releases by the Financial Sector Conduct Authority (FSCA), projects like Virtuals Protocol were specifically highlighted as aligning with South Africa’s phased approach to crypto regulation—prioritizing consumer protection and financial sector innovation. The FSCA praised protocols meeting compliance and infrastructure needs for regulated digital products, lending Virtuals Protocol increased legitimacy and potentially accelerating institutional onboarding.

Virtuals Protocol confirmed onboarding with a major SA-based digital asset exchange, enabling broader local access and liquidity. Official statements on June 5 indicate Virtuals Protocol’s integration with VALR, a prominent Johannesburg crypto exchange, is now complete. This will enable direct trading of Virtuals Protocol assets with South African rand, further facilitating retail and institutional adoption. VALR’s compliance with local regulatory standards and large user base can substantially enhance exposure and liquidity for Virtuals Protocol within South Africa’s rapidly growing crypto market.

FAQ

What is the latest staking yield for Virtuals Protocol?

Virtuals Protocol does not currently offer a native staking mechanism. As of now, investors cannot earn passive returns through on-chain staking for this cryptocurrency. However, some third-party DeFi platforms may offer liquidity pools including Virtuals Protocol tokens, but these typically come with varying risks and yields. Always verify the legitimacy and security of any external platform before considering participation.

What is the outlook for Virtuals Protocol in 2025, 2026, and 2027?

Based on the current price of Virtuals Protocol, the projected values are ZAR 15.00 by the end of 2025, ZAR 20.00 by 2026, and ZAR 30.00 by 2027. This positive trajectory reflects ongoing integration of Virtuals Protocol’s technology within digital asset platforms, and its increasing appeal thanks to recent upgrades tailored for scalability and interoperability. Continued partnerships and ecosystem growth may further support this trend.

Is it the right time to buy Virtuals Protocol?

Virtuals Protocol stands out for its innovative approach within the decentralised finance sector, especially in terms of protocol efficiency and user experience. Its expanding integration with mainstream exchanges and growing institutional interest signal strong momentum. As regulatory acceptance of crypto broadens in key markets, Virtuals Protocol is well-positioned to benefit from sector-wide adoption trends.

What tax applies to crypto gains, including Virtuals Protocol, in South Africa?

In South Africa, realised gains from the sale or exchange of cryptoassets like Virtuals Protocol are subject to capital gains tax (CGT). This applies whether you convert it to fiat or swap to another coin. Taxpayers must declare these gains in their annual returns, with the rate influenced by overall taxable income. Currently, there are no exemptions specific to crypto, and accurate recordkeeping is essential for compliance.

What is the latest staking yield for Virtuals Protocol?

Virtuals Protocol does not currently offer a native staking mechanism. As of now, investors cannot earn passive returns through on-chain staking for this cryptocurrency. However, some third-party DeFi platforms may offer liquidity pools including Virtuals Protocol tokens, but these typically come with varying risks and yields. Always verify the legitimacy and security of any external platform before considering participation.

What is the outlook for Virtuals Protocol in 2025, 2026, and 2027?

Based on the current price of Virtuals Protocol, the projected values are ZAR 15.00 by the end of 2025, ZAR 20.00 by 2026, and ZAR 30.00 by 2027. This positive trajectory reflects ongoing integration of Virtuals Protocol’s technology within digital asset platforms, and its increasing appeal thanks to recent upgrades tailored for scalability and interoperability. Continued partnerships and ecosystem growth may further support this trend.

Is it the right time to buy Virtuals Protocol?

Virtuals Protocol stands out for its innovative approach within the decentralised finance sector, especially in terms of protocol efficiency and user experience. Its expanding integration with mainstream exchanges and growing institutional interest signal strong momentum. As regulatory acceptance of crypto broadens in key markets, Virtuals Protocol is well-positioned to benefit from sector-wide adoption trends.

What tax applies to crypto gains, including Virtuals Protocol, in South Africa?

In South Africa, realised gains from the sale or exchange of cryptoassets like Virtuals Protocol are subject to capital gains tax (CGT). This applies whether you convert it to fiat or swap to another coin. Taxpayers must declare these gains in their annual returns, with the rate influenced by overall taxable income. Currently, there are no exemptions specific to crypto, and accurate recordkeeping is essential for compliance.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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