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Anonymous
Anyone knows about transferring cryptocurrencies in SGD?
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You cant transfer SGD straight to Nexo or Celsius
You gotta buy BTC or ETH or whatever in binance.sg/ Gemini/ Coinhako then transfer that to NEXO or Celsius
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Lin Yun Heng
16 Apr 2021
Senior Analyst at Delphi
You can't transfer SGD directly to Nexo or Celsius. You need to convert your SGD to crypto (eg. Bitc...
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Use Xfers to transfer your SGD to your selected crypto exchange. I use Gemini and Binance SG, but I decided to drop Binance SG because all crytos that I want to buy are available in Gemini. Beside Gemini in ActiveTrader mode has lower fee (flat).
Once the SGD money is in Gemini, I buy the crypto and then withdraw it to my Nexo's wallet, where I can earn more APY.
I used to use Gemini Earn, but I realized crypto exchange APY is quite low (if not the lowest) compare to crypto lender such as Nexo.