Cheapest way sgd to usdc/usdt?

P2p on binance.com imo, but there is a 10usd fee if you withdraw to other wallets

Hey there, a similar question was asked earlier today, this was my response:

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How I'd do it is probably either through p2p on Binance(.com) OR through wire transfer USD (through like SC remit or DBS remit, I know, the rates aren't fantastic) into another exchange (like FTX) which autoconverts them into USDT (or another USD backed stablecoin).

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If you intend to do p2p please be very careful as there are scammers out there, so my preferred choice is the second option.

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For p2p the cost is the spread that the other party charges and for wire transfer, the fees paid would be dependant on the platform you use to transfer (e.g., for DBS remit the charge is about 0.73% I think but for other services might be cheaper). Some people say you can use IBKR's flat fee conversion (SGD2.70) to convert to USD and transfer into your exchange but I've not tried that myself so I can't vouch for it.