Cryptocurrency trading is one of the most trending businesses that is currently liked by most of the traders around the globe and does rightly have a huge demand for it. People from different parts of the world with different background are showing interest and getting engaged in this trade on a daily basis.
Most of the well-known cryptocurrency platforms now a day are found to be getting overcrowded by new users and traders as a result. Singapore being one of the most happening and trendy places around the globe is no exception when it comes to digital trading.
If you are in Singapore and looking forward to buying Bitcoins, one of the most trusted and premium variant of cryptocurrency then the following list provided hereby can help you with the right information with minute details. So without further delay, let’s look at some of the best and reputed places or portals in Singapore from where Bitcoin is available.
Best Sites to Buy Bitcoin in Singapore
Standing in 2017, Coinbase is one of the most trusted names in the cryptocurrency business. Under the guidance of its CEO Mr. Brian Armstrong, the company is currently serving more than 30 nations and is considered to be the largest Bitcoin broker.
If you are in Singapore and want to do some Bitcoin trading this is the place to look for. Here you can easily purchase Bitcoins in connection to your bank account, SEPA transfer and can also avail different other payment methods according to your will, but no option of PayPal is available. The company provides you with high liquidity and buying limits with an easy to use interface for the beginners.
You can also swap your credit card in order to instantly buy Bitcoins which is one of the most popular modes of payment for the users. The company accepts trading in different FIAT currencies including USD, GBP, CAD, EUR and etc.
Coinhako is another such portal from where you can easily and safely purchase Bitcoins. Backed by the investors from the USA, the portal accepts bank transfer from Singapore or Malaysia and international bank wire transfers as well. By using Xfers in this portal you can easily buy Bitcoins within 10 minutes.
Here the transactions are done in lightning fast and this is one of the most primary reasons for the success of Coinhako. At 0.9% the fee structure looks quite reasonable for all types of customers. Without verification, you can easily purchase a small number of Bitcoins from this company which is quite a good offering for the buyers.
In terms of safety and trust, Coinhako has managed to earn a good review officially from its user’s altogether. On the other hand, here if you want to buy a good amount of Bitcoin you need to disclose your identification which is quite concerning in regards to your privacy.
This company is mainly based in Singapore and is one of the finest places for you to ask for Bitcoins. The portal accepts online bank transfer or cash deposit for 0% fee. The exchange of FYB-SG charges 0.6% fee per trade from the traders and due to this low fee rate has always remained in the preferences of its users.
This cryptocurrency trading portal offers market makers a fee as low as 0.3% per transaction also with a discount of around 50%. For Singapore Dollar (SGD) user instant deposit and withdrawal option is available. The company provides a good security to its customers.
The company does have some drawbacks as well which include unavailability of credit card usage, no leverage trading option available and less number of cryptocurrency availability. To add to the comfortability of its users, the portal of GYB-SG has set no limit trading for its users. Overall, the company is pretty much decent to trade with.
Indacoin is a UK based cryptocurrency company that provides its service worldwide and Singapore is no exception to it. If you are willing to buy Bitcoins this is the most trusted place to get into. In terms of fiat currency, you can use USD, EUR, and RUB for doing your transactions, though a small number of cryptocurrency is a major drawback of this portal.
The portal is quite a user-friendly one to deal with. The company of Indacoin accepts card payment for the convenience of its users. The portal supports instant exchange with 1:1 leverage trading. The market order charges for doing cryptocurrency trading can vary from 0.15% to 3%.
The company has successfully launched its own mobile application interface for its users to trade through the gadget. On the other hand in terms of disadvantages, Indacoin has disabled selling options and in terms of e-wallet, you cannot integrate it as per your choice, all in all, a standard platform to purchase Bitcoins.
This cryptocurrency exchange platform is based in the USA but serves customers worldwide. Established in the year 2015 by a group of developers, this site operates as a middleman between two parties helping the user to interact by providing a secure place.
The company provides different payment options to its users which include bank transfer, credit and debit card, MoneyGram, PayPal, and Skrill. Availability of gift card is also available along with Western Union money transfer. The company of Paxful provides a comprehensive customer support line providing a range of options for the users to get associated.
You can either connect with them by using email, phone service, and social media or by direct messaging. Overall you can choose from a variety of options while you trade through their portal. On the other hand, the disadvantages of this portal include that of high fees and lack of vigilance. Having said all, the bottom line is that this portal is a good choice for both beginners and advanced traders.
LocalBitcoins is one of the well known Bitcoin trading platforms around the globe. It works on peer to peer policy. It is found that it is also one of the most trusted sources to buy Bitcoin in a private way as well. It generally works worldwide allowing its users to purchase via different payment methods.
There are no buying or selling limits that have been imposed by the portal on the users. Once the payment has been deposited; it generally takes only an hour to get the Bitcoin delivered. Being one of the oldest Bitcoin traders around the globe, most of the customers do have a huge trust on this portal.
LocalBitcoins takes only 1% fee flat on each transaction made by the customers through its portal. In terms of customer support line, it does provide a good and quick response to the queries and issues of the customers if any along with the help of the forearm where help is available instantly.
Generally, Coinmama is a cryptocurrency exchange company that is based in Israel who are specialized in selling Bitcoins to its customers around the globe. In order to avail the services, it is better if you use your credit card as your payment method. In Singapore also you can avail their portal as it has its own branch along with services provided to different countries.
Here you can purchase high limits of Bitcoin by the use of either debit or credit card of yours. The portal of Coinmama will allow you up to BTC worth of $5,000 of BTC purchase per day and up to $30,000 worth per month. For each and every transaction done they charge a high fee of 6% from the user.
In terms of the customer support system, you can contact them via email. They have managed to earn a very good review from their users worldwide for their high transaction speed and fast delivery.
Luno with its headquarters in London is another well-known cryptocurrency exchange in Singapore which has got just one type of trading account. You need to verify and make an account in order to trade Bitcoins from this portal. The company of Luno does serve different parts of the world with a good reputation overall.
The company accepts EUR, IDR, ZAR, NGN, and MYR as a means of fiat currency for its trading. The company, on the other hand, provides limited features to the European countries with a limited funding method. The company offers spot trading in cryptocurrencies and does not provide the option of leverage trading to its users.
In this platform, you can start trading with a little as €1 which is great news for the beginners. The exchange of Luno is not regulated which one of the most concerning features that the users have when choosing it as their trading platform. The platform does offer application of its own.
Founded in the year 2008 Mycelium has covered a long journey in the cryptocurrency business and today stands as a name for goodwill and trust. If you are interested in buying Bitcoin in Singapore then Mycelium is the best place to search for.
The company has got different types of accounts starting from HD, Bit ID, single address account, Watch only and Hardware account to serve its customers. The wallet provided by the company is free to use for its users but transactions are subjected to fees depending on the size of the transaction done. The fee ranges from 0.08 mBTC/kb to 1 mBTC/kb according to the priority.
In terms of disadvantages, the portal does not provide any desktop interface for its customers, not a good platform for beginners to start with and you are not eligible also to sign messages.
The company of Quoine is a pretty new cryptocurrency exchange in comparison to its rival cryptocurrency trading portals. Founded in the year 2014, the company will only allow you to trade on Bitcoin and Ethereum only as there are no other cryptocurrencies available currently. It offers fiat currency trading starting with USD, JPY, EUR, SGD, PHP and etc.
The portal offers three types of trading which are the spot, margin, and future. The company offers leverage trading for its users up to 1:25 which is one of the highest levels available for crypto trading. The company does not ask for any fee while trading with the base currency pair which is depended on the country from where you are doing your transaction.
Bank transfer is available with a relatively nice trading platform for its users. The major drawback of the portal is that it does not offer altcoin trading to the users. The company overall is one of the best places in Singapore to get your Bitcoins from without any issues.
CoinGecko is one of the most upcoming cryptocurrency platforms from where you can buy your required Bitcoin living in Singapore. In this portal other than Bitcoins there are options for buying different other major cryptocurrencies as well.
The portal is updating itself on a day to day basis and more and more variants of coins are getting added. Till date, CoinGecko offers over 100 cryptocurrencies to its users to trade with which is one of the major advantages for advance users globally.
Day by day, this cryptocurrency trading portal is trying to uphold its reputation on a good note in order to compete with the trading giants in the business and overall a decent platform for users to buy Bitcoin in Singapore.
Thus coming to the concluding part of this review, it is easy, to sum up, that the above-mentioned cryptocurrency portals are one of the finest places in Singapore from where you are eligible to buy Bitcoin without any issues, but these are not the only ones trading in Bitcoins.
There are other portals situated in Singapore as well from where you can easily buy Bitcoins for your need, but it is not at all possible to mention all of those in a single review.
I wish you the best of luck for your trading.