No, Bitvice never custodies anyone's Bitcoin
Bitvice is a self-custody only exchange. This means that we never hold your Bitcoin for you for any extended period of time. If you wish to make use of custodial services, many platforms exist in South Africa that provide this service.
Bitcoin was designed to be self-custodied.
Bitvice will however help you set up an appropriate self-custody solution that best suits your individual needs.