Tweet In our series of articles on how to buy bitcoin in Asia, we previously covered how to buy bitcoin in Malaysia. We earn now look at how to buy bitcoin in Singapore.
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This tiny island-state is one of the most developed countries in Asia and has many Bitcoin exchanges despite its small population. With clear guidelines from regulators, Singapore has become a hub for Bitcoin startups to establish a presence. Coinbase Coinbase announced in September that it is launching services in Singapore. Coinbase makes it really simple to open a bitcoin wallet and buy your first bitcoin. It integrates directly with your bank account to bitcoin purchases seamless. After realizing how hard it is to buy bitcoin locally, Liu and Eng have made their objective clear – to bridge the gap between Bitcoin and the non tech-savvy users.
Buying and selling Bitcoin via International is nearly instantaneous with pte local Singapore bank account. CoinHako charges a 1.
Bitcoin vs SGD / USD
Founder, David Moskowitz used to also run the first cash out capable bitcoin vending machine in Singapore. Mainly targeting the financial industry, itBit wants to provide a platform for investors to reach earn and utilize Bitcoin innovatively. For enhanced security, there is a international holding period for all withdrawals in pte bitcoin and Fiat currency. It is something to keep in mind, if withdrawal urgency is bitcoin concern when using itBit.
The company received USD3.
Jordan II and Ben Davenport. FYB-SG boasts easy and transparent transactions, with their open Order Book feature giving customers full transparency.
They also feature low trade fees of only 0. Customers can trade bitcoin, litecoin and dogecoin on the platform. For additional security, withdrawals are processed manually by a member of the staff. There is no registration or bank transfers required and the transaction can be completed instantly.