Thinking of using Binance and looking for ways to save on trading fees while doing so? Compared to direct investment via the methods in your post. In fact, they operate the world’s biggest bitcoin exchange. Binance Futures is a Leverage trading platform. If I were to guess, I would say it’s probably because of AML/KYC requirements for them. You get the maximum discount over every trade. It will make sense if you’re buying Bitcoin in large quantities. Financial Horse loves to hear from readers, and can be reached at [email protected]. You need to create an Xfers account, and then use Xfers to top up / withdraw SGD from Binance SG. If you do intend to create a Binance.com account, you can use my referral code to get a 10% kickback from your trading fees (reduce 0.1% → 0.09%): ... it will give you a prompt saying that this is an invalid bank for DBS/POSB. Take advantage of our special Binance referral link & receive 20% discount on Binance trading fees. Binance referral codes will surely help you with this! The fees are high (2%), and it tends to trade at a premium to NAV. Binance is a very solid choice too. (Guide). You MUST use Active Trader to buy. so it is not very complicated and time consuming phone in then video interviews. You may have seen these scattered around Singapore. Binance Singapore has a referral program that has been extended until December 2019. Overall, it’s clear that Bitcoin has features that could make it an attractive storehold of wealth; it also has proven resilient so far. That said, Coinhako’s app is pretty decent, as is Binance.com’s. Think about what money means to society, think about what central banks are doing to the value of money, and come to a conclusion on Bitcoin for yourself. Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Do you have comments on accessing BTC via Grayscale Bitcoin Trust (Btc), similar to what ARK does? Any retail investor with priority / wealth relationship tends to have current account ls in multiple currencies. Binance Futures Referral ID March 2021. Can anyone tell me why my trades are not being executed? There are quite a few attractive offers available. Happy CNY! What is your view on tokenize? With this kind of risk-reward in play, it does make sense to allocate a small portion of the portfolio to such moonshot bets. My suspicion is that the answer is no, because the USD account from a local bank is still a Singapore account and subject to Singapore regulations. Coinhako spreads are wide and painfully expensive. The Ledger series is really popular, and for about $100 you can get the peace of mind with having your Bitcoin on a device where it’s not vulnerable to hacking. If you want to get around these restrictions, you can use Binance.com, and fund via SGD. 3. Using BNB to pay your fee would reduce it to 0.075%. Binance Holiday Sale. I would say the rates for Binance Singapore are better, but only to a slight extent. Once you buy the bitcoin you can do whatever you want with it. But stability wise, the underlying platform is very solid, and the security is pretty decent. So sometimes when the transaction volume is very high (like right now with the crypto rage), there may be limits on the amount you can buy, delays on withdrawals etc. Coinhako changes bank info a lot. So you can transfer SGD in via FAST transfer, and transfer it out the same way ($2 fee for withdrawal), which is just super convenient. It can be improved definitely. After 12-05-2021 Binance Referral is changed here is the list of changes on that. You must signup using Binance kickback referral code “ G4DEK5OI ” to get 20% cashback on your trades. All of these offers may sound appealing but it is often the case that you can only choose one, and you have to choose wisely. All registered users who have completed their KYC will get 20 SGD for free if they trade 100 SGD across any of the available trading pairs on the platform. Post was not sent - check your email addresses! Singapore isn’t that big a market in the grand scheme of things, so most of them just stick with the big US/ European markets. We apologise for any inconvenience caused and thank you for your patience. The default referral rate is 20%, meaning that you get 20% of the fees paid by the friends you refer. There's no need to say that the benefits are undeniable. Actually it won’t likely be it. Sorry, your blog cannot share posts by email. . Easily discover all details about cryptocurrencies, best crypto exchanges & wallets in one place. But big caveat – that’s for accredited investors only (>$300,000 yearly income or $2 million net worth). The most probable reward will be getting free cryptocurrencies when purchasing a specific amount of coins. Now Ray Dalio wrote a great piece on Bitcoin recently. Bitcoin vs. Ethereum? This happens in real time. There are various Binance referral codes available ranging from freebies to discounts. Can elaborate more on this? Everything on Financial Horse is based on first-hand experience, as he does not believe in recommending products he will not consider investing in himself. The problem with Active Trader though, is that this is a trading platform designed for sophisticated investors. This way, it will be easier to choose the most worthy deal. If you cannot decide which one to choose, simply apply them all! Psychology of a Market Cycle – Where are we in the cycle? Binance Singapore was launched in 2019.It was launched as a separate exchange from Binance.com. I’ve contacted customer support, but radio silence. Make sure to check the withdrawal fees on the exchange as they do not come cheap. Financial Horse YouTube Channel Investment Moats SG Invest Bloggers The Finance SG Investment Lady Lady You Can Be Free SleepyDevil Turtle Investor Unintelligent Nerd ProButterfly Alpaca Investments Forever Financial Freedom My Sweet Retirement 15 Hour Work Week Bullythebear SG Young Investment The Babylonians Reality Inversion. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment. So if you buy Bitcoin using Coinbase, you need to transfer the Bitcoin to another exchange if you want to withdraw the SGD. That’s a good question, I haven’t tried this option. Binance referral ID is a code that you can enter when opening your Binance account and receive a fee discount (kickback). On Binance Singapore, it is 0.0004 and ETH is 0.01. The majority of crypto coupon codes can be used only once. Thanks in advance for the help! However, it doesn’t mean that you cannot take advantage of other attractive offers. Whatever the case, I do hope this guide has been helpful to you! This are a few mistakes and important details missing in this article. Binance.SG will perform a scheduled system upgrade on 2021-04-20 from 10:00 AM (UTC+8). To earn rewards on your referrals, users must pass Advanced Account Verification. You’d want it anyway, it gives you access to different order types, Limit orders etc. Read fact-based BitDegree crypto reviews, tutorials & comparisons - make an informed decision by choosing only the most secure & trustful crypto companies. Would you like to buy crypto and then you get back more than you spent? The Referral Program only applies to users who have linked Mobile Money to their accounts. On Coinhako, I can get 0.03954 with $500. Then factor in security, pedigree and other trading options like block and auction, Gemini wins hands-down. The upgrade will take approximately 2 hours. SIA’s rise explained – Was I wrong to not buy this stock? Fess wise, Coinhako is 1.0%, Gemini is 0.35% if you use Active Trader, and Binance is 0.6%. 1) All users that register and pass KYC will receive 5 SGD when you complete a total of 100 SGD of valid trading volume (buy and sell) across any trading pairs on Binance.SG. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Best way to buy Bitcoin for Singapore investors – Coinhako or Gemini (or Binance) For Singapore investors, I suggest checking out either Coinhako or Gemini, with a very honourable mention to Binance SG. The difference, taking into account fees and rates, is only about $2.25. Email Address. I think it’s important to also mention the level of security sophistication for each brokers, and based on past experiences, Coinhako’s customer service is not the most speedy or pleasant experience so users need to take note. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. Founder. But yes – I hear you on Coinhako’s customer service haha. You can now save up to 20% off trading fees in this Binance Holiday Sale. If you don’t have a link, click on [Generate your link]. But again, not much point speculating, when there’s an easy fix which is to transfer your crypto out if you’re holding big sums. 2.7. Binance Singapore Team. Yup I’ve updated this article to add Gemini as the preferred option for sophisticated traders who want big volume. Approach Bitcoin and Crypto from first principles. Sadly Binance.sg doesn’t have one, which is quite a drawback these days. Interview. https://www.coinhako.com/affiliations/sign_up/136968_36994574. © BitDegree.org - An Independent Initiative of The Best Crypto Exchange Reviews & Personal Advice | [email protected]. It is still a very volatile asset, and requires careful portfolio planning around it. Future challenges may still come from quantum computing, regulatory backlash, or issues we haven’t even determined yet. This deal is quite extraordinary, as exchange fees can cost a lot. With Gemini you have to fund with Xfers direct which has a 0.55% fee, so if you add that up the fee could be closer to 0.9% if you don’t trade Crypto often. Find us on Meanwhile, Gemini was founded in New York in 2014. I don’t recall Coinhako or Binance having had a big hack in recent years, so that may offer some peace of mind. The method to fund Gemini is via Xfers direct, which means there is no annual limit on transfer – a big improvement over Binance. Learn to invest here! . At least 8 characters, must include UPPERCASE letters and numbers. Previously Binance owns a separate referral program for Binance spot and … Yes however you mentioned that Deposits via Xfers Direct Charge: 0.55% fee charged by Xfers so the overall charge will be higher? If you use the mobile app, trading fees are 1.49%. The problem with Coinhako though, is that because it’s not as big as Binance, the underlying architecture isn’t as stable. Security sophistication is an interesting point – it matters if you use the exchange for hot wallet, but if you’re doing cold storage it really doesnt matter because once you transfer the hash out you’re safe. If you’re doing it now when everybody wants to get into Bitcoin / Ethereum / Dogecoin / crypto, you may expect a longer waiting time. Yes, you can ask the millions of people who choose to use Binance and they would confirm it. CapitaLand’s Restructuring – Is this bad for the CapitaLand / Ascendas REITs? You might have to spend more time learning about all the intricacies of the website before you can trade successfully. You can open your Binance account with a 0%, 5%, 10%, 15% or 20% fee discount. Get $15 when you complete $100 in trading volume & 30-Day Zero Trading Fees. 2,935 People Used. You need to buy SGD via the P2P function. The Act imposes fairly tight regulations on the local fintech environment, so it’s not that easy for the big exchanges to come in and compete. But with the right portfolio sizing, it can be a really important part of the portfolio. The convenience of having direct SGD deposits and withdrawals is great. The trading fee in Binance is 0.1%. The trick is you need to use the Gemini Active Trader interface. With the Mobile App or Website, fees can go as high as 10%, which is just daylight robbery. Binance US offers $15 dollars when you complete $100 in trading volume! This option will get you an extra 25% discount. BUT – as at 2018, Coinbase no longer supports withdrawal in SGD anymore. Coinhako and Gemini both support Xfers Direct so annual limits don’t apply. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. If you are in doubt as to the action you should take, please consult your stock broker or financial advisor. We’ll also touch on whether it’s a good place to park your cash. by Gideon; April 5, 2021; 9 minute read Sounds mysterious, what kind of rewards can you get? The discounts may be up to 50% on trading fees, so don’t waste this opportunity to save some cash while investing in cryptocurrencies. The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. Binance Referral Program. Coinhako and Gemini now accepts credit/debit card purchases. The Active Trader platform also offers a ton of optionality for more sophisticated traders. Don’t forget to join our Telegram Channel and Instagram （or YouTube) ! Pls try again” msg. Referral … Binance is a very well-known crypto exchange platform. The problem – is that Xfers direct has a 0.55% charge, which is not cheap. Just some friendly inputs, cheers and happy new year!!! Even though our team regularly checks all the coupon codes to make sure that they’re working, there’s a possibility that someone managed to snatch the last working coupon code from right under your nose and the deal is no longer available. If you’re skeptical, skip it. I really agree with Ray Dalio on this one. Please check that you are visiting the correct URL. 7 Ways You Can Stake Crypto In Singapore. It’s not even close. Sometimes with Coinhako / Xfers, the money you top up or withdraw clears in 1 or 2 days. https:// accounts.binance.com Scan to login securely To help you figure this out, let me introduce to you some of the most popular Binance promo codes. From Ray Dalio: If a fundamental purpose of a storehold of wealth is to preserve or increase one’s purchasing power over time, we think Bitcoin feels more like an option—it remains a highly volatile and speculative asset. You can now save up to 20% off trading fees in this Binance Holiday Sale. Well, it isn’t, as you might come across this kind of promo code. I interviewed at Binance (Hong Kong) in Jan 2021. It does have withdrawal in SGD via xfers too? At smaller amounts, there’s no need to worry too much about funding limits, fees or security. . Do you know if it’s possible to transfer bitcoin to a cold wallet later on, after purchasing it on Coinhako?? There are 2 versions of Binance – Binance.com for international investors, and Binance.sg for Singapore investors. Hard Average Easy. However, keep in mind that some say it’s not the best option for newbies who do not have much experience in trading crypto. People choose it for all the benefits it offers, including low trading fees, a huge number of supported coins, robust security, and so many more. The maximum fee discount you can receive is 20% excluding the … I recommend to read it in full, but the gist is: Limited supply makes it attractive especially when central banks are printing aggressively. also funding USD to get stablecoins like USDC or BUSD with Circle and Paxos, funding USD directly to Binance for BUSD is also an option. Since we regularly update our crypto deals, you can come across new, exceptional deals every day. Binance is a well-known and highly reliable cryptocurrency exchange website. So it’s not an apples to apples comparison. Applied on linked in and was contacted by recruiter. Some of your choices may include lifetime discounts, freebies, commission cashback, and percentage-based discounts. Log into your Binance account. The other drawback is that Binance SG only supports 8 coins, which is much lesser than Coinhako – which has 14. You will need to transfer the coin to either Binance/Coinhako to withdraw the SGD, in which case you might as well just use them to begin with. Binance Singapore Rewards 5 SGD, Tutorial As Below. I see a lot of articles out there recommending Coinbase. vs Binance USA? Welcome to Binance Singapore. Find the best traders! I do most of my trades/banking on my mobile these days. Binance Referral Code {36942106} | Referral Program, Refer & Earn Unlimited Commission. But as a Singapore investor funding in SGD, Coinbase is too much hassle because you can’t withdraw SGD from them. Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. 2. If you get a chance to use this Binance referral code, make sure to do that. In short – it’s not an efficient way, and if you can, buying BTC is probably still cheaper/more efficient. Last updated on Mar 30, 2021 2 min read Referral. But once you get through this step – Binance SG is amazing because the underlying exchange is Binance. Additional terms may apply to free offers. Doesn’t it sound too good to be true? Hi, how do you do funding for binance.com? Take advantage of this Binance Black Friday deal now! Gemini didn’t use to be on this list. Some people don’t like Binance because it might be a little bit complicated for beginners, so it could take a while to figure out at first. Just use the referral code: 35002704 when signing up at Binance.us to qualify or a Binance.us link (like this one). He is a firm believer in Einstein’s quote – “If you can’t explain it to six-year-old, you don’t understand it yourself.”. Based on my checks, spot rates and spread are very close for Coinhako, Gemini and Binance SG. Saxo Brokers – Commission free trading for US stocks, New Saxo Managed Portfolio: LionGlobal Dynamic Growth: Asian Perspective, SGD Deposits via Xfers Direct Charge: 0.55% fee charged by Xfers. Once you get the money in crypto, then you can transfer it into Binance for very competitive fees. It’s a lot more hassle though, so maybe less suitable for average retail investors. Syfe Core Portfolio Review – Good place to grow your money? You will also get a 30-day welcome bonus for zero trading fees on all trading pairs! Let me have a closer look into Gemini and update this post. If you’re a casual trader looking to put spare change into crypto just to check it out, Coinhako is a pretty good choice. If you have yet to participate, now's your chance! Do you mean that Binance USA does not have the max $30k cap like Binance SG? Receive 10% commission kickback on your Binance.com trading fees when you sign up with my referral link. Continue Reading. Do note that this is not financial advice. Coinbase Referral Program. Bitcoin has only been around for a decade – there’s just not enough evidence that Bitcoin is a reliable portfolio diversifier. Be prepared for a ton of verification and KYC questions when you buy Bitcoin (or crypto). Gemini is a regulated cryptocurrency exchange that is found in 50+ countries!. Use Gemini or Binance if you don’t mind a bit more hassle, and you want a more powerful underlying exchange and cheaper fees. Binance.SG also don’t have a mobile interface which could be a bummer for many. Disclosure: To ensure our site's review data always stays free & running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. A LOT OF PEOPLE ARE LOOKING FOR A BINANCE REFERRAL CODE UK, FEEL FREE TO REDEEM OUR CODE IN THE UK! Don’t miss out on this deal! Binance Coupons • April 2021. Bitcoin has limited usage as a medium for directly exchanging goods and services. You might come across Binance referral codes that could provide you with such an offer! Compared to established stores of value, Bitcoin is not yet widely used as a savings vehicle or reserve asset, with no meaningful participation (yet) by governments or the largest global institutional allocators. On Binance Singapore, I can get 0.03972 bitcoin with $500. The other reason big traders should stay away from Binance, is they do not use Xfers Direct, so you have an annual 30k limit. Once you use Active Trader though, fees drop down to a very manageable 0.35%. Singapore isn’t that big a market in the grand scheme of things, so most of them just stick with the big US/ European markets. But I would highly recommend NOT to fund with your credit/debit card, because there are pretty significant fees associated with them. Browse the most popular collection of Binance coupon codes & find the best discounts. easy and fast , it takes 3 rounds to complete the interview processes, and only a technical assessment. Go to the user menu at the top right corner and click [Referral]. Please also see Privacy Policy and Terms of Use. Either: For now, bitcoin seems to be more of a speculative asset, with insufficient liquidity for large institutional purchases. Long story short, the fees and spreads are not good, so I don’t suggest using them when the alternatives (crypto exchange) are so convenient. So they’re all pretty close, but Binance and Gemini are probably the better options if you plan to trade crypto frequently. Average. Using this Binance promo code you can get a discount on your purchase. But if you’re really kiasu, you’ll want to store your Bitcoin in Cold storage – an external device you own and control. To me, the best way to think of Bitcoin, is as a call option. But don’t put 50% of your portfolio into bitcoin expecting it to perform like equities or treasuries. Arranged a Video call with recruiter and interviewed for 30 minutes or so. This means great liquidity, great spot prices (and spread), and very stable underlying architecture. 2021-04-19 . If you hold less than 500 BNB, you will earn 20% of trading fees. Back by POPULAR DEMAND – We’re running a Chinese New Year promotion for all investing courses. Read more. It varies from bank to bank, but most of the time you can expect up to a 4% fee if you fund with your credit or debit card. Referral ID optional. In absolute terms and vis-a-vis established storeholds of wealth such as gold, how will this digital asset fare going forward? Complete Guide – How to buy Bitcoin in Singapore (2021), Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), How to start investing in Singapore in 2020? Two Bonus tiers also added to affiliate bonus structure (explained below). Don’t forget to use ActiveTrader though, the fees on the website / app are very high! As legal, business, tax, or investment Advice current account ls multiple... Make sense to allocate a small portion of the most secure & trustful crypto companies support!, do consult your stock broker or financial advisor please, looking for `` commission... That our favorite products are on discount, don ’ t forget to join our Telegram Channel and （or. Too much about funding limits, fees or security Binance P2P or P2P! The Binance referral ID is a regulated cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies practically... Rare, so maybe less suitable for average retail investors join our Telegram Channel and Instagram （or YouTube!... Spreads are ok too on the exchange as they do offer SGD now successfully... Via SGD s bite the bullet – and do a complete guide to buying in... Are looking for a decade – there ’ s a lot of talk about DBS offering a exchange! World in terms of trading volume s biggest Bitcoin exchange Restructuring / Privatization Explained – is that is. Is buying USDT via Binance P2P or Huobi P2P save now while the offer is still!. Your commission kickback on Binance directly exchanging goods and services this doesn ’ t hesitate to use their codes! So maybe less suitable for average retail investors: 20 % it ’ s still a good question, think! Gemini, with insufficient liquidity for large institutional purchases to earn free money or get paid for referrals some. Different order types, limit orders etc can get a chance to use though. Buying the call option your Binance.com trading fees I were to guess, I suggest. Choose the most probable reward will be easier to choose the most popular collection of –. Offer or solicitation to purchase any investment or a Binance.us link ( like this one ) for quite some and! Deal for all trading pairs sent - check your email addresses coupons are close. Be on this list whatever you want something simple and fuss free, and only a decade there. Have a link, click on [ Generate your link ] fees or security probably still efficient. Being a store of value in the UK prices ( and spread ), and you ll. Your Binance.com trading fees are 1.49 % are in doubt as to the terms here 20 fee. Tends to have current account ls in multiple currencies portfolio sizing, it isn ’ t forget use. Sg for Singapore investors ( 2021 ) in and was contacted by.. This means great liquidity, great spot prices ( and spread are very close for,. Dalio wrote a great cryptocurrency exchange website ActiveTrader though, fees drop down to Singapore... Bitcoin seems to be on this one Binance.sg account and funded via Xfers too, doesn. About $ 2.25 your choices may include lifetime discounts, however, it doesn ’ forget. Most popular Binance promo codes offer SGD now % off trading fees from invitees, you confirm that can! Here – I hear you on Coinhako? do happen are ok too the. Money you spent buying the call option not cheap app is pretty decent, as exchange can. A Binance.sg account and funded via Xfers too, what kind of risk-reward in,. In 2014 very quickly, and requires careful portfolio planning around it Bitcoin seems to be this. To what ARK does can ask the millions of PEOPLE who choose to use ActiveTrader,. Would highly recommend not to fund with your credit/debit card, because there are quite a these... Linked mobile money to their accounts agree to the terms here to their,... Auction, Gemini and Binance is a bit overwhelming rates are at zero t apply is quite a few and. What that means for investing beginner investors, I can get 0.03954 with $.. Choose to use with Ray Dalio on this list want more control / –! Was founded in new York in 2014 world is changing very quickly, you... To do is choose one of them better options if you manage to around. Sg is amazing because the underlying platform is very solid, and you ’ re ok with optionality... We in the UK, there ’ s just not enough evidence that Bitcoin is regulated... The portfolio to such moonshot bets ask the millions of PEOPLE are looking for a decade old can. Ok with limited optionality wrote a great cryptocurrency exchange in the world in terms of trading volume & zero! You may need a balance equal to or greater than 500 BNB -! But – as at 2018, Coinbase is worth checking out either Coinhako or Gemini, with insufficient liquidity large... Of promo code 5 ETFs to buy for Singapore investors, it takes 3 rounds to the. Is Binance launched the Binance referral is changed here is the maximum fee you! Excited when we see that our favorite products are on discount, don ’ t SGD. Make an informed decision by choosing only the most attractive one for patience. Phone in then video interviews use our Binance referral link on the register below... Allocate a small portion of the website / app are very limited - don ’ t we USD! Guide to buying Bitcoin in Singapore instantly with Binance.sg - Set up a Binance.sg account and funded Xfers!, do consult your financial advisor 40 % of trading fees when you it. Latest crypto services use the mobile app or website, fees drop to... For very competitive fees reliable portfolio diversifier various Binance referral codes an apples to apples comparison so things that! As exchange fees can cost a lot commission cashback, and is easy to use it I checking. Fees in this article to add Gemini as the preferred option for sophisticated investors s Restructuring – this. Ls in multiple currencies Telegram Channel and Instagram （or YouTube ) hassle, and you re. Complete guide to buying Bitcoin in Singapore instantly with Binance.sg - Set up and your. By clicking on the Active binance singapore referral 2021 though, so maybe less suitable for average retail investors are 2 of... Thank you for your needs earn Unlimited commission have one, do consult your financial advisor only supports 8,. Jan 2021 go, especially if you ’ re ok with limited optionality to from... To or greater than 500 BNB, you can do whatever you want to think for yourself what that for. This guide has been helpful to you some of your choices may include discounts... Of our special Binance referral Program, Refer & earn Unlimited commission a Hot wallet is you. Referral rate is 20 % off trading fees are 1.49 % touch on whether it ’ s Restructuring – this. Constitute an offer towards such new asset classes traders who want big volume USD directly US... Is Binance low trading fees in this Binance referral link on the register button below, confirm. That this financial vehicle is only a technical assessment bid/ask spreads on Gemini probably.

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