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Anonymous

19 Apr 2021

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Which platforms are better than Binance.sg? How to go about moving to a different platform?

I am relatively new to crypto investing. I have put in around 3.5k into BTC/ETH via binance.sg.

However, recently i have been hearing about Gemini or Binance.com and how they have lower fees. Which one do you guys suggest i use for future investments into BTC/ETH? Planning to DCA about $500-1k per month.

Should i move my coins from binance.sg out or just keep it and put subsequent investments elsewhere?

Gemini Crypto Exchange Binance Singapore Crypto Exchange

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Bobby Lee

19 Apr 2021

Investor at Investor@Singapore

I would recommend Gemini. Binance SG is good but too simple. On top of that. The fees in Gemini are way lower(0.35%) and it has an app.

Regarding your 3.5k in Binance SG, I would recommend to move it to Gemini and put that in Gemini Earn as you can earn interest of 2% and 3% for bitcoin and ethereum respectively.

Binance.com is pretty complicated especially when funding the account. As you have Binance.sg, means you'll have an Xfers account. Gemini uses Xfers too and has SGD trading pairs.

My recommendation would still be Gemini as it's easy to use and has been stable the whole weekend for me whereas Binance.com did experience slowdowns and didn't allow me to login.

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