Andrew Munro is the cryptocurrency editor at Finder. He was initially writing about insurance, when he accidentally fell in love with digital currency and distributed ledger technology (aka “the blockchain”). Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Fiat transfers to and from your Xfers account will typically be almost instant.
Cryptocurrency transfers will vary depending on the crypto, confirmations required and fee paid. It will typically take a few minutes.
Is CoinSpot safe to use?
Regulation. Binance Singapore is registered in Singapore, but according to its terms and conditions may not be regulated as a financial institution in your jurisdiction.
Verification process. Binance Singapore is only for Singapore citizens or permanent residents, or people residing in Singapore. Identity verification is required prior to trading.
Security features. Binance Singapore is a branch of the popular Binance cryptocurrency exchange, which is known for its industry leading security. Binance has been hacked once, but compensated users for any lost funds.
How do I create an account at Binance Singapore
Go to the Binance Singapore website, then the yellow “Register” button on the top of the screen.
You will be taken to a screen where you are prompted to enter your email address and choose a password.
You will receive an email. Access the email to confirm your email address to Binance. You can then login and set up two factor authentication and other settings.
Link your Xfers account to Binance by entering your details.
You can now either purchase directly from Xfers, or make a deposit to the Binance account to purchase crypto.
You can also deposit cryptocurrency to sell, and receive back your linked Xfers account.
Binance Singapore is only for citizens or permanent residents of Singapore, and people residing in Singapore.
No, but the website is mobile-friendly and the international crypto-to-crypto Binance exchange offers and app.
The verification process for Binance Singapore involves providing some personal information and identification details, which will then be verified against other records to prove one’s identity.
Binance Singapore offers a help section where you can access the FAQs and make support requests. Binance Singapore says it processes over 95% of support requests within 24 hours.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.