Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate. For many people, the main aim when selling bitcoin will be to cash out for USD, so you can find instructions on how to do that below. OTC trades are those that take place away from a conventional, regulated exchange, and they offer a simpler and more cost-effective way to buy and sell large amounts of bitcoin.
Ask an Expert
Last updated: 12 September This is our quick guide to just one way to sell BTC. Compare some other options in the table. For many people, the main aim when selling bitcoin will be to cash out for SGD, so you can find instructions on how to do that. However, not all of them allow you to exchange your BTC for fiat currency, and an singaore smaller amount allow you to cash out to SGD.
Ask an Expert
Note: This is largely written for Singapore residents, but foreigners can use this as a guide to buying Bitcoin regardless of where you are located. And mind you, I did ask! The answer was always:. No worries! Their workshops were mostly a preview — for them to up-sell their thousand-dollar course. So guess what? After evaluating both apps and asking both my friends in Singapore and abroad, I decided on using Coinbase instead.
A simple guide to cashing out your bitcoin for US dollars or another cryptocurrency.
Note: This is largely written for Singapore residents, but foreigners can use this as a guide to buying Bitcoin regardless of where you are located. And mind you, I did ask! The answer was always:. No worries! Their workshops were mostly a preview — for them to up-sell their thousand-dollar course.
So guess what? Singapire evaluating both apps and asking both my friends in Singapore and abroad, I decided on using Sinhapore instead. Some of the key reasons driving my choice came down to which site had more users, a higher level of security and more trustworthy team including an ex-Google software developeras well as the fact that Coinhako had their bank accounts abruptly shut by our local banks quite recently.
Prepare your documents for verification. This is needed how to buy sell bitcoin in singapore part of the KYC know your customer process, similar to that of a bank or stock ln. Download an authenticator app, like Google Authenticator.
Coinbase used sinbapore send an SMS to your registered phone number as their 2FA method, but this has since been switched to a digital authenticator. Scan your QR code in your bow app to link to Coinbase. Write down your secret seed…. Or, a fraction of it. You should soon see this email:. You can buy Bitcoin for as little cash as you want! The process is extremely fuss-free. This article originally appeared on SG Budget Babeand is republished here with permission.
Type and hit hhow to search Search. Tags: bitcoin bitcoin singapore coinbase coinbase review coinhako cryptocurrency how to buy bitcoin in singapore.
Subscribe to Vulcan Post Newsletter Stay updated with our weekly curated news and updates. First Name. Share on Facebook. Share on Twitter.
Sell BTC to these buyers
An interesting read if you’re into blockchain and are in Marketing, like we are! Look at the current sell offers listed on your chosen platform to get i idea of the average price. Andrew Munro. Buy bitcoin instantly with credit card, PayPal or bank account on this peer-to-peer lending platform. Are there any tax implications if I sell bitcoin? The transaction limits on these exchanges may also be too low for your needs, so anyone looking to sell a large amount of bitcoin should consider an over-the-counter OTC trade. YoBit How to buy sell bitcoin in singapore Exchange. Sell BTC. Please visit Luno for its exact pricing terms.
Comments
Post a Comment