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.
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me ([email protected]) or WhatsApp (+44-7393-450-837).
This includes if you are looking for alternatives or a second opinion.
Some of the facts might change from the time of writing, and nothing written here is formal advice. So, potential investors shouldn’t invest or decide not to invest based on this Altify review alone.
For updated guidance, please contact me.
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.
Commodities
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 stocks 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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