How To Buy Bitcoin in Singapore?

How To Buy Bitcoin in Singapore?

There are a plethora of ways to obtain crypto in Singapore. The first step often involves signing up with an exchange or platform to buy bitcoin. As with any financial asset, it is always wise to conduct a round of research before deciding on which platforms serve your interests best.

Setting up an account to buy crypto

Crypto can be bought fairly easily online with a cryptocurrency exchange, and does not necessarily require in-depth trading or technological knowledge! Coinhako’s user interface makes it extremely beginner-friendly.

Once you have selected an exchange, you will need to sign up, create and verify your account before you start trading. 


Next Step: Verify Your Account

To create a safer and more accountable landscape for crypto traders, most exchanges and platforms will require users to complete account verification. Depending on the platform you use, verification will be required before you can take action on the platform.

You should prepare an identification document, such as your NRIC (for Singaporeans), or passport. You may require additional documents like proof of address, like utility bills or bank statements.

Haven’t gotten verified? Start HERE 👉

Unverified users missed out on the crypto bull run in 2017 — find out why.

Direct SGD deposits are supported at Coinhako!

Bitcoin can be purchased in a number of ways:

  • Swapping with other crypto holdings (crypto-to-crypto trading) 

  • Using fiat currency options debit or credit cards, direct bank transfers, or external payment platforms such as GrabPay

Once you have funds in your wallet, you’ll be ready to trade!

Figured it out? Start Trading Now!

If you require further information do not hesitate to contact us here or stay tuned to our Blog for the latest updates.

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