Guide on buying cryptocurrencies ter Singapore – PennyWise – Buy Ledger Nano S, Ledger Blue, Trezor Wallet

Guide on buying cryptocurrencies in Singapore - PennyWise - Buy Ledger Nano S, Ledger Blue, Trezor Wallet

11 Jun Guide on buying cryptocurrencies ter Singapore

Buying with SGD:

Presently, there are Four exchanges that offerande cryptocurrency/SGD pair te Singapore.

  1. Coinhako (SGD deposit is down after DBS closed their account, have to use Xfers)
  2. Coinbase
  3. Luno
  4. FYBSG
  5. Gemini (USD but cheapest option now)
  6. NuMoney (a startup suggesting OTC services)

I will only elaborate on Coinhako and Coinbase spil they are the more popular choices ter Singapore.

Coinhako

Coinhako is a específico startup that has the backing of Tim Draper. They suggest both BTC/SGD and ETH/SGD pairs.

There are Three ways to deposit money into Coinhako.

  1. Almacén inter-bank transfer takes 1 business day, and they check the deposits twice everyday at 10am, and 4pm
  2. Xfers deposit is instant, but there are thresholds and you have to verify your identify for high boundaries. (Spil of 11/6/2018, xfers is down and users are advised not to make any deposit into xfers)
  3. International wire are normally for customers who are based overseas

To buy and sell BTC or ETH, simply click on buy or sell and Coinhako will execute your order. It will take around &gt,10min (BTC) or &gt,1min (ETH) for your transaction to be confirmed.

Pros of using Coinhako:

  1. Locorregional support. They are very responsive with their support and you can get your problems immobile within 1 business day. Fresh accounts are verified within 1 business day also
  2. Support almacén. Wij can help the Singapore blockchain toneel if wij support our own startups
  3. 99% of funds are stored te cold-storage – Secure
  4. User-friendly. Their UI is very well-designed, and I can navigate the webstek lightly

Cons of using Coinhako:

  1. Slightly higher spread. Wij have observed that the spread from Coinhako is higher than Coinbase and FYBSG
  2. Can run into liquidity issues

If you are opening an account with Coinhako, please sign up using this listig and wij both get S$Five when you make your very first trade ($100 and more).

Related movie: Winklevoss Twins Troll Bill Gates on Twitter | Market Woes | (@tylerwinklevoss & @BillGates)


Coinbase

Coinbase is a digital asset exchange company headquartered te San Francisco, California. They suggest BTC/SGD, ETH/SGD and LTC/SGD pairs.

Related movie: Crypto News | Bitcoin To Dump Again @Bitcoin Banned From Twitter! Rockerfeller’s VC Invest Ter Crypto


There are Trio ways to deposit money into Coinbase.

Related movie: Dai Token Coming to Bitfinex & @Bitcoin Twitter is SHUT DOWN


  1. Xfers is instant and works exactly like Coinhako
  2. International wire
  3. Credit card (with crazy fees)

Pros of using Coinbase:

  1. High liquidity. They can lightly fulfill your order
  2. Back by trusted investors – Fresh York Stock Exchange, Spanish Canap BBVA and DFJ, the venture hacienda group
  3. Insurance. Digital currency is insured by Lloyd’s of London, te the event of security breach
  4. Slightly better spread

Cons of using Coinbase:

  1. Slow support. Support can take up to a few days to reply.
  2. Buggy payment methods. Personally I attempted to deposit via xfers and it couldn’t work for mij.

If you are opening an account with Coinbase, you can use this listig and wij both get USD$Ten when you make your very first trade (USD$100 and more)

I have also created a Facebook group to facilitate discussion, you can join to get updated news about the cryptocurrency community ter Singapore! You can join the telegram group here also.

Wij also suggest crypto crash course for anyone who wants to get up to speed with crypto.

*Buying and selling cryptocurrencies is very risky, do your own due diligence before putting ter money. Pennywise hodls no responsibility if you lose any renta from cryptocurrencies.

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2 thoughts on “Guide on buying cryptocurrencies ter Singapore – PennyWise – Buy Ledger Nano S, Ledger Blue, Trezor Wallet”

  1. This is what I see happening. With GBTC coming to closer to parity with NAV just spil you said and with the upcoming decision from the Winklevoss ETF (COIN) and the SolidX Bitcoin Trust ETF (XBTC). Let’s say they say yes, then you should see an influx of Bitcoin being purchased which should drive up the price of Bitcoin, which would ter theory then drive up the price of GBTC. If they come back and say no, then te theory GBTC would merienda again go up ter price and be further from NAV spil there would not be a COIN or XBTC ETF available to participate ter. Either way, unless BTC falls dramatically for some reason GBTC should only go up from here with both good or bad news from the upcoming SEC announcements.

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