Do I need to fund my Kristal.Ai account with USD? If I fund my Kristal.Ai with SGD, can I buy ARK ETF in USD?

Hi Anon,

You can fund your account with SGD as well! When you choose to maintain your account in SGD, your balance will be kept in SGD. Once you raise a buy ticket, the SGD will be converted into USD based on the FX (0.2/cent + market rate) at the point of purchase.

To have your account maintained in SGD, please send an email to [email protected]. Do note that the currency of the account cannot be changed once the account has been funded.

Hope this helps to clarify! 😊

If im not wrong, if you want to transfer in USD need to transfer at least 10k. Otherwise transfer in SGD then they will auto convert for you to USD at some small fee. Yes u need USD to buy arkk etf cause its denominated in US dollar in us market