facebookWith regards to MAS regulating Binance.com, is it possible to transfer from Binance.com to Binance sg? - Seedly

Anonymous

02 Sep 2021

Cryptocurrency

With regards to MAS regulating Binance.com, is it possible to transfer from Binance.com to Binance sg?

If not, where and how should i move my holdings.

Discussion (26)

What are your thoughts?

Learn how to style your text

Any experience with Huobi? Buying with SGD. Planning to move from Binance com to Huobi

View 3 replies

You can still use binance.com via web app and trade crypto pairs. But without a straight forward cash out option and the pending regulatory issues in multiple countries, you might not be able to leverage on the earn or staking functions.

Another option is you can swap to BUSD and transfer over to crypto.com with close to no fees on BEP network. BUSD will convert 1:1 to USDC which you can use to trade or cash out to your DBS account (:

Below are their platforms and my referral links if you need one.

This their exchange app, fees up to 0.4% and below. You can stake 5,000 CRO to reduce fees.
https://crypto.com/exch/xgt34bfvm7

This is their Visa card app, it’s similar to Coinhako UI but no fees just bid spread. Staking 500 sgd gives you access to a 2% crypto cashback card
https://crypto.com/app/xgt34bfvm7

Be careful when you are transfering to binance.sg.

They do NOT support BUSD. I've accidentally transferred BUSD to them, and I guess it is lost forever. Waiting for support response. Expensive mistake.

Has anyone transfer crypto from binance.com to germini SG?...

Write your thoughts