After the recent ban on Binance, a lot of you have asked me which Crypto Exchange to switch to, to replace Binance.
Took me some time to do the research, so my apologies on that front.
Which is the best Crypto Exchange / Crypto Trading Platform for Singapore Investors, after the Binance ban?
Binance Ban for Singapore Investors (Explained)
For those of you who missed it – Binance
recently announced that from
26 October 2021, Singapore users of Binance will no longer be able to access:
- Fiat deposit services
- Spot trading of cryptocurrencies
- The purchase of cryptocurrencies through fiat channels and liquid swap
What you can still do on Binance after 26 October 2021:
- Transfer Crypto
- Stake Crypto
Apparently the block will be tied to your account.
So if you put a Singapore address when you created your Binance account years ago (like most of us), chances are you wont be able to access these functions even if you use a VPN....