With the latest news surrounding Binance and how it has been ordered to stop soliciting and providing payment services in Singapore, it appears prudent to consider an alternative broker for your Crypto Portfolio.
I first advocated for the use of Gemini back in May 2021 and my view has not changed – for someone who is looking to enter into Crypto and trading your stable coins (Bitcoin, Ethereum, Chainlink etc), Gemini is ideal for it.
The interface is an absolute joy to navigate and intuitive enough that any beginner will be able to navigate around. Having the option to use SGD to purchase Bitcoin or Ethereum has also made the process easier compared to needing to do numerous currency conversions etc.
I am not fully aware of the whole Binance saga but my guess is that the P2P process has ruffled feathers among the Singapore regulators. As such...