What is the cheapest way to purchase stablecoins using SGD so that I can transfer out to earn interest?

P2P is fast but the spread and reliability is hit or miss.

DBS remit to Gemini or Crypto dot com seems to be the most trustworthy since it’s between banks and exchanges.

Crypto dot com has the added benefit high yield interest accounts.

Just be weary of the cash out fees. Usually there’s a premium to cash out of stablecoins from exchanges.

My best method is to buy USDT through binance P2P and use TRC20 network, which only cost me 1 USDT to transfer to MatrixPort and I'll do a tokenswap to USDC (if u preferred USDC over USDT). Why I use MatrixPort is bc they have 2 free withdrawal every month, so making use of that I have saved a lot from the transaction fee and is by far the fastest yet most efficient method for me. I also use hodlnaut (CeFi) to earn interest on my preferred coin! High APY with a solid team in this field!

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Hodlnaut

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Matrixport

https://invest.matrixport.com/inviteRegister/en...