While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers. While you can keep your new crypto in your exchange wallet if you plan on making regular trades, the security risks associated with exchanges mean this is risky and not recommended for long-term holding. Our guide to cryptocurrency technical analysis is a useful tool to help you better understand and read the crypto market.
A simple guide to cashing out your bitcoin for Singapore dollars or another cryptocurrency.
Last updated: 12 September This is our quick guide to just one way to sell BTC. Compare some other options in the table. For many people, the main aim when selling bitcoin will be to cash out for SGD, so you can find instructions on how to do that. However, not all of them allow you to exchange your BTC for fiat currency, and an even smaller amount allow you to cash out to SGD.
The State of Bitcoin in Singapore
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. And mind you, I did ask! The answer was always:. No worries! Their workshops were mostly a preview — for them to up-sell their thousand-dollar course. So guess what? After evaluating both apps and asking both my friends in Singapore and abroad, I decided on using Coinbase instead.
How To Buy/Sell Bitcoins On LocalBitcoins
Buy BTC from these sellers
You can always use the local bitcoin ATM to get your bitcoins. Transfer your new cryptocurrency into a secure wallet. Andrew Munro is the global cryptocurrency editor at Finder. In order to use Gemini you will have to fund your account via an international money transfer. Poloniex Digital Asset Exchange. Gemini is a federally regulated bitcoin exchanges founded by the Winklevoss twins famous for their role they played in Facebook’s early history.
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