I've only seen one ZAR order in the last year and I was pretty quick to snap it up, honestly it's about damn time South Africans figure this out, given that all exchanges locally report directly to our local tax revenue service SARS.

if you're going above $2000 annually in capital gains you'll be subject to tax

eWallets are light KYC since you have to register your sim with your ID, not that it has to be your ID lol

eWallets are pretty lax and it's as good as cash. Once you get the pin code you can pull the cash from the ATM and you pay about 2-.2.5%.

A lot of foreigners also use it as their preferred banking rail if they are here illegally

As for momo, despite being MTN-backed isn't really a thing here in SA but I have seen it in stores in low income areas, they partnered with a specific retailer here called boxer, so you can go in and go cash to momo pretty easily

I do hope this catches on though so people figure out how cheap LN is versus the 2-2.5 they pay per transaction