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This guide will cover how to purchase Bitcoin in Singapore with all payment methods imaginable.
Coinbase is the most popular cryptocurrency exchange where Singaporeans can choose to buy Bitcoin.
The exchange claims that users can instantly buy Bitcoin using credit and debit cards, or an Xfers virtual wallet.
But before doing that, you’ll have to first sign up to use Coinbase, link your bank account, and provide identity and address proofs to get verified.
Once that’s done, fund the wallet using the preferred payment method and then you can start buying Bitcoin.
Coinbase will purchase the digital currency for you and store the same in what it claims to be a secure storage platform that’s protected by insurance.
There’s been a whole lot of buzz around bitcoin lately.
Bitcoin seems to have become a constant talking point at just about every dinner party I’ve been at this past month.
And the moment I mention that I have invested in bitcoin and some other crypto currencies, I am inundated with questions on how to go about easily getting your hands on some bitcoins.
I purchased my first bitcoin earlier this year after having followed this phenomenon and blockchain technologies closely over the last couple of years. I won’t discuss the merits of the crypto currency here (perhaps in another post), but will try to put forth a couple of options for the average Singaporean fella to get his hands on bitcoin.
Disclaimer: I am not recommending that you buy bitcoin or any other crypto currency.
We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
Luno is a universal Bitcoin platform that provides secure exchanges where people can buy/sell Bitcoin. Luno is currently offering Zero fee trading in Singapore for a limited time period until January 2017.
We may receive compensation when you use Luno.
Please visit Luno for its exact pricing terms.
Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card.
They charge a ~6% fee on each purchase.
Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
We may receive compensation when you use Coinmama.
To help walk you through the process, we’ve put together this beginner’s guide to finding a Bitcoin broker or exchange, and buying Bitcoin in Singapore.
This is our quick guide to just one way to buy Bitcoin. Compare some other options in the table below.
Bitcoin is the world’s oldest and biggest digital currency by market cap. Created in 2009 by an unknown person (or persons) using the alias Satoshi Nakamoto, Bitcoin is a form of decentralised electronic cash designed to provide a viable alternative to traditional fiat currency.
Rather than having to deal with a centralised authority such as a bank to process transactions, Bitcoin holders can transfer their coins directly to one another on a peer-to-peer network.
I’ve been getting a number of emails and Facebook messages these few days about how to buy Bitcoin, so I thought I’d pen it down in a post today for everyone’s reference!
(Note: This is largely written for Singapore residents, but foreigners can use this as a guide to buying Bitcoin regardless of where you are located.
Before I invested my first dollar into Bitcoin, I spent quite a significant amount of time and money attending Bitcoin (preview) courses by so-called “gurus” or “master crypto traders”. While there was some sort of value from their workshops, what frustrated me the most was that NONE of them told me explicitly HOW to buy Bitcoin.
And mind you, I did ask! I raised my hand during the class, and even stayed back after the workshop(s) to ask how exactly can I buy Bitcoin in Singapore.
And over the years, it has been breaking one price point after another…
That means if you had invested USD 10,000 in bitcoin in 2011, your investment will explode to UDS190 Million!
Download PDF: Grab this 27-pages Bitcoin investing guide filled with vulnerable tips, explanation and how-to now.
Unlike what many critics bash about bitcoin. Here are few things you might not know:
Since the prices have increased so much. You are probably wondering are you too late in the game or how can you get started?
This article covers everything you need to know about bitcoin written in Singaporean investors perspective.
Bitcoin is a virtual, decentralised currency, that can be traded or used over the internet.