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Anonymous

12 Aug 2021

Cryptocurrency

How to buy USDC/USDT stablecoins using SGD?

A newbie here, I have both Binance SG & Gemini accounts but both doesn't offer USDC or USDT stablecoins. How to buy these stablecoins using SGD?

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Do a fund transfer to FTX directly in USD

Chris

Edited 15 Dec 2021

Marketing Staff at Independent Reserve

Hi - I can answer that for you!

I’m Chris from Independent Reserve, we offer residents of Singapore an easy way to buy crypto, including both USDT and USDC.

We’ve recently become fully licensed by MAS (Monetary Authority of Singapore) and are the only retail exchange to attain this licence (out of over 170 global exchanges).

All you have to do is sign up, deposit your SGD, and buy USDC and USDT instantly.

If you have any further questions, please don’t hesitate to ask!

Kind regards,

Chris

Currently i think the better options for SGD on-ramp are liquid.com and gemini. Both have singpass kyc and very quick on-ramps. But liquid.com has earn program which is very good, giving up to 10% for stables, you might want to consider

Heres How i do it:

1) Buy Dai on Gemini

2) Transfer over to hodlnaut

3) Swap the asset using the existing Dai

If you want, can use my referral link below :):

Hodlnaut: https://www.hodlnaut.com/join/teLxv0dPc

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I use binance.com. It offers more options than binance sg and can use debit card to purchase as well...

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