Definitions & Glossary

Arbitrage: Trading methodology where a commodity or asset is bought and sold simultaneously, in different markets taking advantage of small price differences to generate profits

API: Application Programming Interface; A interface(connection) between multiple software intermediaries.

API Key: The authentication credentials specific to your account to enable access through the API, enabling control of your account by software

Arb Cycle: The full arb(itrage) cycle of sending Rands from a South African Bank, to an international CATP, buying crypto, transferring that to a South African CATP, selling it back into Rands and withdrawing it back to the traders South African Bank.

Bot: The combination of our software and your parameters that automates your trading.

SDA: Single Discretionary Allowance of R1M per calender year; an allowance provided to all South African natural persons over the age of 18 to remit funds abroad.

FIA: Foreign Investment Allowance of R10M per calender year; allowance as above.

Commodity: General term describing something that can be bought and sold, usually on a market or CATP.

Trader: A natural person who participates in Online Trading and in the context of this document; our client.

Crypto Asset Trading Platform (CATP): A market or exchange where various crypto commodities can be bought and sold.

Market: A general term used to describe the ecosystem of CATPs, where commodities such as crypto and fiat can be exchanged between traders.

We; Us: Arbatunity (Pty) Ltd, a private limited company incorporated in South Africa, its directors or other appointed individuals

Crypto (Asset): Electronic asset or commodity that is obtainable on various CATPs. It can be bought, sold and transferred. Also known as cryptocurrency.

Fiat: Traditional or “Central Bank Controlled” currency for a specific country or economic zone. In our context, usually USD and ZAR.

USD: United States Dollar or $

ZAR: South African Rands or R

Working Capital: An amount of fiat that you have transferred to a CATP.

POPIA Specific Definitions

POPIA: The Protection of Personal Information Act 4 of 2013, and any regulations passed thereunder, as may be amended, or replaced, from time to time

Data Protection Legislation: Applicable data protection, or data privacy, laws, including the POPIA, in force in South Africa, from time to time

Disclosing Party: a Party who discloses Personal Information to a Receiving Party, or on whose behalf Personal Information has been collected by the Receiving Party, pursuant to this Agreement

Operator: has the meaning ascribed thereto in the POPIA

Personal Information: has the meaning ascribed thereto in the POPIA, and is being, or may be, processed by the Receiving Party, pursuant to this Agreement

Processing: has the meaning ascribed thereto in the POPIA, and derivatives thereof will have a related meaning

Receiving Party: means a Party who receives Personal Information from the Disclosing Party, or on whose behalf it collects Personal Information, pursuant to this Agreement, and the receipt of Personal Information renders that Party an Operator

Representative: means an officer, director, or employee, of the Receiving Party

Third Party Operator: means a third party who is an Operator of the Receiving Party.

© 2025 by Arbatunity.  
Arbatunity is an authorised financial service provider (FSP 53713), and is an active member of The Crypto Asset Association of South Africa (CAASA).
 Risks | Privacy Policy | Fees | Glossary | Legal