Jump to section: What are cryptocurrencies? What can you do with cryptocurrency? How to invest in cryptocurrencies in Singapore? Should you invest in cryptocurrency? Cryptocurrencies are digital assets that are encrypted and stored using distributed ledger technology like blockchain. Crypto transactions are verified peer-to-peer using a decentralised network of computers. This means all transactions are tracked accurately on a permanent ledger, providing...
You might have heard of Bitcoin, but did you know that there are over 4,500 cryptocurrencies in existence as of February 2021? The global crypto market cap is currently at $1.42 tn, with Bitcoin dominating at 45.32%, followed by Ethereum, Tether, Binance Coin, and Cardano. If you are a Singapore investor interested to know more about cryptocurrencies but are not quite sure where to begin, here’s a guide to help you get started.
