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As bitcoin hit the mainstream media, more and more people want to get their hands on Bitcoin. I still remember when I first started investing in cryptocurrency, there is limited information for me to refer to especially a Singapore local guide to teach me how to bitcoin platform singapore Bitcoin for instance.
Since more and more friends are asking me how they should buy bitcoin, in this guide, I am going to teach you how to buy bitcoins in Singapore this is also applicable to other countries.
Before you can buy Bitcoin, you need to choose a platform for you to transfer your SGD or other currency to buy Bitcoin. There are 3 platforms which I personally think is rather convenient. First of all, please sign up for an Xfer account as most of the platforms use Xfer as a mean to transfer money. Xfer usually takes some time to verify your account.
All three platform requires detailed identity verification, even though there is a lack of privacy but you must complete it before you can proceed with purchasing Bitcoin. SGD deposits and withdrawals via inter-bank transfer is currently unavailable. I guess Coinhako is bitcoin platform singapore really feasible for now, but you can check bitcoin platform singapore for their official bitcoin platform singapore as this situation can be temperately.
However, do take note that while there are a few thousand cryptocurrencies in the world, some of them are scam coins, but most of them have legit usage and are waiting bitcoin platform singapore mainstream adoption. If you want bitcoin platform singapore invest in cryptocurrency, there are much more coins than just Bitcoin.
In my next guide, I will teach you how and where to sign up platforms to trade alternative coins Altcoins! How to buy Bitcoin in Singapore - Compare 3 different platforms.
Simply follow the instruction bitcoin platform singapore sign up and verify your account. After your account is verified, Coinbase bitcoin platform singapore provide you with account information bitcoin platform singapore you to deposit your SGD through bank transfer.
This is done through Xfers Transfers. However, purchases made with bank transfer can take up to days to complete. There are 4 cryptocurrencies you can purchase from here, which are Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Coinbase will charge you a fee of 3. There is also a 1. You can also use Xfer as an alternative method to top up your account. There are 2 cryptocurrencies you can purchase from here, which are Bitcoin and Ethereum.
There is a 0. Update Dear users, please be informed that 1. Withdrawals from Xfers have been resumed. You can fund your exchange account using online bank transfer or via cash deposit. It has low fees and charges 0. Personally, I have not used this platform before but if anyone uses this platform before, please do comment bitcoin platform singapore on your experience using this platform! Usually, the verification process can take days to complete. If you are too impatient to wait that long, you can approach a trusted friend who is in cryptocurrency trading to help you purchase first.
Bitcoin platform singapore, it is still recommended to sign up for an account from above mention platform when you decide to cash out. This method only for those impatient people who cannot get their hands on cryptocurrency immediately. Authors get paid when people like you upvote their post.
