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RE: Drawing Hive/HBD and converting it to fiat (currency) aka crypto trading

One has to be careful with LUNO as it triggers flags to SARS over R10K. I will wait for the right time if and when I need to do this and use an alternative bank account in another country for tax purposes mainly. I just cannot use LUNO as I know from inside information this is a key monitoring site for SARS and I don't want to be on their radar. Good to know though and you made it look so simple.

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I am not surprised about the SARS connection. I think that you will find that there is a connection with all SA banks. Not sure how you get around it. Even with an offshore account if you bring FX into the country.

Yes. The only way is to have another bank account offshore with a bank card that you can use here. If it comes to the crunch crypto taxes are cheaper outside than here.