UK-based Altify is an alternative investing platform that makes it easier to invest in commodities (like gold), private credit, and crypto and crypto bundles.
The firm continues to have a major presence in South Africa with a Cape Town office.
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What is Altify South Africa?
Altify was rolled out in 2023 following the merger of Revix and Coinpanion.
South Africa has approved Altify Capital as a financial services provider and a crypto asset service provider.
The platform’s goal is to make investment opportunities previously exclusive to the very wealthy more accessible to everyone.
Altify Investment
The company offers:
Altify Legal Finance tokens
With a fixed yearly profit of 11% and quarterly distributions, these tokens offer a chance to invest in a non-market tied portfolio of legal finance loans to leading UK law firms.
The investment will mature on November 5, 2026.
To subscribe, interested parties must invest $100.
Private Credit
With the goal of achieving a yearly return of 9% to 14% after all fees, private credit investments entail direct investor loans to specific medium-sized businesses or stable private credit funds.
The minimum to invest is $1,000 or currency equivalent.
Payouts are given every month or quarter.
Materie prime
Focuses on holdings like gold as a hedge against volatility and inflation. The minimum investment required for Pax Gold, a digital token backed by real gold kept in secure vaults, is 150 rand.
Cryptocurrencies and Crypto Bundles
The platform makes it possible to buy, sell, and store cryptocurrency assets around-the-clock.
Also, clients can purchase a bundle of crypto in one transaction and can invest in cryptocurrencies just like scorte with various ETF-style bundles. All of the assets are always fully collateralized.
Altify Fees
The charges include:
An annual management fee of 0.55% for the token. A minimum trading fee of 5 rand and a trading fee of 0.25% apply to commodities investments. Bank withdrawal fees are also 5 rand, while bank deposit fees are 0.50%.
Pros and cons of Altify
- Potential investors can access numerous asset classes
- Clients can manage crypto investments with auto-updating crypto portfolios without having to actively monitor or rebalance their holdings.
- The platform’s goal is to make alternative investments easier. According to the platform, every asset is collateralized.
- Altify is a new company. Investors might wish to confirm its dependability and long-term performance.
- Certain alternative assets can be riskier and less liquid.
- Commodity and cryptocurrency investments are extremely unpredictable.
- This is a high-risk investment.
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Adam è un autore riconosciuto a livello internazionale in materia finanziaria con oltre 830 milioni di visualizzazioni di risposte su Quora, un libro molto venduto su Amazon e un contributo su Forbes.