Binance Singapore Crypto Exchange
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Summary
Binance Singapore Crypto Exchange Reviews 2024
Understanding the risk of Cryptocurrency Platforms in Singapore:
This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. Find out more below in the "More Details" section.
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Summary
Binance Singapore Crypto Exchange Reviews 2024
Understanding the risk of Cryptocurrency Platforms in Singapore:
This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. Find out more below in the "More Details" section.
Binance Singapore
Binance Singapore
8
CRYPTOCURRENCIES
0.60%
TAKER FEES (FIAT)
Free
WITHDRAWAL FEES (FIAT)
N/A
CREDIT OR DEBIT CARD FEES (FIAT)
Yes
MAS LICENSED OR EXEMPTED
2.6
15 Reviews
Service Rating
User Experience
Customer Support
High to Low
02 Jul 2021
Purchased
Binance Singapore
fast customer support, but limited cryptocurrencies for you to trade. However, it allows bank transfer via xfers which makes it easy to access. and have one of the cheaper rates in singapore2
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Posted 24 Apr 2023
Purchased
Binance Singapore
[Customer Service] I sent an email and got a response only after a month. This ended up with my balance stuck in there until a resolution was given.0
What are your thoughts?Posted 11 Oct 2021
Purchased
Binance Singapore
No frills easy to use. But limited by the crypto offered and the amounts one can invest in. Probably a function of it being regulated by MAS0
What are your thoughts?Posted 20 Sep 2021
Purchased
Binance Singapore
Easy to use user interface with lots of offerings for various cryptocurrencies. Ability to stake the major crypto as well but difficult to withdraw cash with new regulations.0
What are your thoughts?01 Jul 2021
Purchased
Binance Singapore
[User Interface] Easy to set up an account. [Crptocurrencies offered] Only signed up so I could easily and quickly purchase Bitcoin with SGD. [Trading Fees] A little on the higher side, but the process of depositing through Xfers was rather prompt and I was able to complete within 30mins. (note that you do have to have a verified Xfers account which might take a longer time before you can start depositing into Binance SG. There is also a limited cap to the amount you can deposit) [Withdrawal Process] I got the Bitcoin almost immediately and was able to transfer them to my main Binance wallet very promptly. Not sure about withdrawal into SGD though as I’ve only used it to buy Bitcoin.0
What are your thoughts?View 1 other commentsPosted 19 Mar 2022
Purchased
Binance Singapore
Mist well known, but hard to navigate at first. After got used to it, many coins were not available for trading. Then, when got used to it, it closed.0
What are your thoughts?Posted 30 Sep 2021
Purchased
Binance Singapore
[User Interface] Simple and easy to use [Crptocurrencies offered] A limited selection, with only BTC,ETH,BNB,LINK noteworthy [Trading Fees] higher than Gemini's ActiveTrader [Customer Service] Took 1 month plus to reply to my email...0
What are your thoughts?Posted 23 Sep 2021
Purchased
Binance Singapore
[User Interface] Able to customise your own user interface to a simpler interface for beginners like me [Trading Fees] The trading fees are relatively Low as compared to other ones out there0
What are your thoughts?Posted 09 Apr 2022
Purchased
Binance Singapore
Their support takes a few days to reply and not too helpful with my enqiry. Will try other platforms instead.0
What are your thoughts?Posted 13 Jan 2022
Purchased
Binance Singapore
Easy to use and deposit money but problems with withdrawal most of the time.. Prime defenders D Ot Org got to help me recover my almost lost funds0
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Understanding the risk of Cryptocurrency Platforms in Singapore:
This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. This product was previously granted an exemption since 28 January 2020 and is pending the licence to “provide digital payment token services” from MAS.
The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.
Well, for me they rectify few of my cases within 2-3 days. So it's pretty consistent for me.