FAQs About Buying Crypto with GrabPay on Coinhako
In this article, you’ll learn how to use GrabPay and get answers to the most common questions.
1. How do I buy crypto with GrabPay?
Just follow these steps:
- Open the Coinhako app.
- Tap on the crypto you want to buy, then hit 'Trade'.
- Select 'Buy'.
- Enter how much you want to spend.
- Under 'Payment method', select 'GrabPay Wallet' as your payment method.
- Hit 'Preview Buy' to review your order.
- Tap 'Buy' when you're ready.
- You'll be redirected to log in with Grab.
- Enter your Singapore mobile phone number and tap 'Continue'.
- Follow the instructions on your Grab app to pay and complete the order.
2. What are the fees?
A 2.8% processing fee applies to all GrabPay transactions. (Effective from 1 April 2023)
3. Do my name on Grab and Coinhako need to match?
No, the names don't need to match. But for best results, we recommend using your own Grab account.
4. What are the transaction limits?
GrabPay has the following limits for verified users:
- Daily limit: SGD $5,000
- Anual limit: SGD $30,000
⚠️ If you go over the limit, your transaction won't be processed.
5. My GrabPay order is still processing. What should I do?
GrabPay transactions usually go through instantly. If it fails, your money will be refunded to your GrabPay Wallet.
6. My transaction was canceled, but my GrabPay balance was charged. What now?
You should not be charged for a cancelled transaction. Please contact our support team and we'll help you sort it out.
7. Can I withdraw money to my GrabPay wallet?
❌ No, Coinhako does not support withdrawals to GrabPay at the moment.
✅ Ready to try it? Buy Crypto with GrabPay now!
Related Articles
FAQs About Buying Crypto with Credit and Debit Card on Coinhako
Want to buy crypto fast? Here's how you can use your credit or debit card to get Bitcoin and other digital coins on Coinhako. 1. How do I add my card? It's easy! Just follow these steps: Go to 'Hub' Under 'Do more', select ‘Profile & Settings’ Select ...How to Deposit and Withdraw Fiat on Coinhako
This article provides guides and answers to common questions about fiat withdrawals, deposits, and transfers on Coinhako. Withdrawals guide To withdraw funds to your bank account, you first need to add the bank account you'd like to use. Once it's ...How To Make Recurring Deposits to Your Coinhako Account
Deposit SGD into your Coinhako account on a set schedule, so you never have to worry about your balance running low. A recurring transfer lets you automatically move a fixed amount of money between your bank accounts on a fixed schedule. The process ...How to Import Your Proof of Attendance (POA) NFT to Your Crypto Wallet
A Proof of attendance (POA) non-fungible tokens (NFT) are unique digital mementos that shows you attended an event — like a virtual badge or sticker. These are becoming a fun and popular way to remember your experiences. After you’ve minted (created) ...How To Deposit USD to Coinhako using Bank Transfers
How to Deposit USD to Coinhako? To deposit USD into your Coinhako account, follow these steps: Log in to your online banking account. Go to the "Transfers" or "Payments" section. Select "Overseas Transfer" or "International Transfer." If you're using ...