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Do you want to buy cryptocurrencies in Singapore? Then you need to be aware of the best places available to proceed with.
So that you with ease can purchase the cryptocurrencies that you want and experience the benefits that come along with your investments.
When you are looking for an answer to “how can I buy a cryptocurrency in Singapore?” You are probably asking yourself “where can I find the best deals?”
The internet is a great source to find out what is currently being sold for. You just need to be careful; you do not want to get taken for a ride by scammers or scam artists. Also, you need to check the reviews and feedback from the site.
To help my Singapore based friends I did my research looking into which exchanges and trading platforms are open for people that live in Singapore.
And I also reached out to my friends who have bought and sold cryptocurrencies before where they buy cryptos like Bitcoin, Ether, Litecoin, etc today!
The best options to buy cryptos from in Singapore
1 ) Coinbase
When you take a look at the most popular methods among how people in Singapore go ahead with purchasing cryptocurrencies, you will notice that Coinbase is holding a prominent place.
It can provide you with a convenient experience and deliver the ability that you want to get the cryptocurrencies needed.
When you are using Coinbase, you will be able to purchase cryptocurrencies immediately.
You will be able to use the credit card or debit card to make the payments. You can create an account on Coinbase with ease as well.
Moreover, people in Singapore can easily verify the address, which is essential before purchasing cryptocurrencies on this platform. It is easy to see why many people in Singapore use Coinbase for the first time, learn more at this site why.
2 ) Bitcoin ATMs
If you are interested in purchasing Bitcoin, you can take a look at the Bitcoin ATMs.
There is a total number of over 4,200 Bitcoin ATMs available out there in the world. Out of them, 9 Bitcoin ATMs are available in Singapore. You will be able to locate these Bitcoin ATMs easily and purchase Bitcoin you want in any amount.
You will have to deposit flat currency to purchase Bitcoin while you are using these Bitcoin ATMs.
You will be able to get hold of Bitcoin instantly with the help of a Bitcoin ATM machine as well.
This method will provide you with the opportunity to overcome the verification process, which you have to go through at the time of purchasing cryptocurrencies that you want from an online exchange.
However, the transaction fee associated with withdrawing Bitcoins from the Bitcoin machines located in Singapore is relatively high. You need to keep this fact in your mind and go forward with the decision to get the necessary cryptocurrencies.
- Learn more about how a Bitcoin ATM works here
3 ) Luno
Luno is a Bitcoin trading platform, which is prevalent in all parts of the world. You can think about sticking to Luno to purchase the cryptocurrencies that you want in Singapore as well.
One of the best things about Luno is that it provides people with the chance to buy Bitcoin needed with a minimum fee. Therefore, you will be able to reduce the amount of money that you are spending as the fee up to a great extent.
Luno has been able to receive an excellent reputation as a trusted Bitcoin exchange among people in Asia.
You can imagine the service provider and go for trading activities to buy Singapore. Along with Bitcoin, Luno recently started offering Ethereum as well. Hence, you can buy any of these two currencies with ease.
4 ) Coinmama
Coinmama is another popular web-based cryptocurrency exchange.
This online cryptocurrency exchange is being accessed by people who live in all parts of the world as well. If you are a beginner to cryptocurrency investments, you are encouraged to take a look at Coinmama.
That’s because the online cryptocurrency exchange platform is a convenient and hassle-free one. You will be able to use that and get your work done with ease.
Coinmama is accessible to all the people in Singapore. Therefore, you can go ahead and purchase cryptocurrencies that you want within the comfort of your home.
You can receive the best limits for the purchases of Bitcoin that you make along with the option to buy with a credit card. You can consider this as a trusted and reliable broker as well.
5 ) Kraken
Kraken is a leading cryptocurrency exchange that you can find out there on the internet. And it is one of the oldest remaining Bitcoin trading exchanges.
It is also available for the people in Singapore who are interested in moving forward with their cryptocurrency investments. This is a trusted and well-financed cryptocurrency exchanging platform.
It has also been able to earn an excellent reputation for the low maker fee. Hence, you can save your money while purchasing the cryptocurrencies that are needed.
A high level of security is available for the people in Singapore who go ahead and buy the cryptocurrencies from Kraken as well.
As a way to branch out for our global focus here at Go CryptoWise we want to also provide helpful content that is localised. So I hope that you liked this article about ways to buy cryptocurrencies in Singapore!
I have been asked this by some Singapore based friends so I wanted to do my part and provide you with some options that I know works in Singapore from doing my research and also asking my crypto-savvy friends who lives over there!
Another way to find out if you can buy a cryptocurrency in Singapore would be to ask a Singapore resident.
They will know where to find the best deals for their local currency. So get yourself a good idea of what the best places are for you to buy a cryptocurrency in Singapore.
Be sure to find to do your research before you buy your first cryptocurrency. And don’t be afraid to ask others for help.
Hello and welcome to Go Cryptowise.
My name is Per Englund and I’m a long-term fan and investor and trader of Bitcoin and other cryptocurrencies. I caught the attention of Bitcoin like many other several years ago, but it was first around 2016/2017 that I truly got into cryptocurrencies and blockchain technology.
I have since traded, bought, researched and learnt about this new emerging space to the fullest. When not producing crypto-content I create and design new products and businesses. And I want to combine my business experience with my passion to create meaningful content for all our readers.
And I am bringing this vision to my writing and how Go CryptoWise work.
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