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Binance Fully Banned in Singapore: Best Crypto Exchange / Trading Platform for Singapore Investors – Best Alternative to Replace Binance? (2021)
By Financial Horse  •  October 10, 2021
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....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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