Cryptocurrency is gaining popularity in Singapore, and Coinhako offers a simple, secure way to start your crypto journey. As a trusted MAS-regulated platform since 2014, Coinhako supports SGD and USD deposits, local bank transfers, and provides easy access to cryptocurrencies.

Step 1: Visit Coinhako

Go to coinhako.com or download the app on iOS or Android.

Step 2: Sign Up

• Select the Sign Up button.

• Choose your country of residence: Select either Singapore or Rest of the World.

• Input your email address: A verification email link will be sent to your email to verify the email address.

• Verify your email: Click on the link in the email to complete the verification.

• Set up your password: Choose a secure password for your account.

• All set: You will successfully log in to your account.

Step 3: Verify Your Identity (KYC)

To comply with regulations and ensure account security, Coinhako requires all users to complete identity verification. Here’s what to expect:

• Verify your phone number: Enter your mobile number and input the one-time password (OTP) sent to your phone.

• Choose your issuing country: This determines the list of accepted identity documents based on your location.

• Submit your identity document: Upload a clear photo of an accepted ID—this could be your NRIC, Passport, or FIN.
  

• Tip: Singapore users can verify instantly via Myinfo, which retrieves your identity data securely from government records. This eliminates the need to upload proof of address.
  

• Complete a liveness check: Perform a quick facial scan to confirm your identity in real time.

• Submit proof of address (if required): If you're not using Myinfo, upload a recent utility bill, bank statement, or official letter that shows your name and residential address.

• Answer a few short questionnaires: These help Coinhako understand your trading experience and purpose, in line with MAS consumer protection guidelines.

The identity verification process usually takes just a few minutes, but during busy periods, it may take up to 1–2 business days.

Step 4: Secure Your Account

1. Enable 2-Factor Authentication (2FA) for added security. Learn how to set up 2FA here.
   
2. Enable Anti-Phishing Code: For an added layer of security, set up an anti-phishing code to protect your account from phishing attacks. Learn how to set up the Anti-Phishing Code here.
   

Step 5: Deposit and Buy Crypto

• Deposit SGD (via bank transfer, FAST, or PayNow) or USD into your account. Learn how to deposit and withdraw fiat on Coinhako here.

• Buy, sell, or swap cryptocurrencies instantly from the Buy/Sell page. Learn how to buy, sell, and swap cryptocurrencies here.

• Limit Orders: A new feature is being gradually rolled out for a select group of users, allowing you to place buy or sell orders at a specific price. If available to you, learn how Limit Orders work on Coinhako here.

Final Tips

1. Always double-check wallet addresses when sending or receiving funds.
   
2. Stay informed with Coinhako’s market updates and security tips.
   
3. Protect yourself from scams and hacks by following our detailed guide: How to Protect Yourself Against Scams and Hacks.
   

Create your free Coinhako account now and begin your crypto journey today.