Coinbase Singapore: The Leading Cryptocurrency Exchange in Southeast Asia

Singapore

Coinbase Singapore: The Leading Cryptocurrency Exchange in Southeast Asia

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If you’re interested in buying, selling, or managing cryptocurrency in Singapore, Coinbase is a safe and trusted platform to do so. Coinbase is a US-based exchange that has recently received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to offer digital payment token services to individuals and institutions in Singapore, which means you can now fund your account with SGD instantly, trade 200+ assets, and access advanced trade features.

Coinbase Singapore: A bustling financial district with skyscrapers, palm trees, and a vibrant city skyline against a clear blue sky

Coinbase’s role in Singapore’s Web3 ecosystem is also growing. The company plans to invest in Web3 start-ups in the city-state, which will help to expand the use cases for blockchain technology and cryptocurrency. Additionally, Coinbase has introduced changes to comply with Monetary Authority of Singapore (MAS) regulations (PSN02 on AML/CFT, para 13). This means that if you’re a customer in Singapore, you’ll need to provide additional information when sending or receiving cryptocurrency on-chain.

Key Takeaways

  • Coinbase is a safe and trusted platform for buying, selling, and managing cryptocurrency in Singapore.
  • Coinbase has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), which allows the company to offer digital payment token services to individuals and institutions in Singapore.
  • Coinbase plans to invest in Web3 start-ups in Singapore, which will help to expand the use cases for blockchain technology and cryptocurrency.

Coinbase Services in Singapore

A bustling financial district in Singapore with the iconic skyline in the background, showcasing the headquarters of Coinbase Services

If you are based in Singapore and looking for a trusted platform to trade and invest in digital assets, Coinbase is a great option. Coinbase is a regulated cryptocurrency exchange that provides a range of services to help you manage, earn, and trade crypto.

Trading and Investments

Coinbase allows you to buy and sell a range of cryptocurrencies including Bitcoin and Ethereum. You can also trade in USDC, a stablecoin that is pegged to the US dollar. This can be a great option if you want to avoid the volatility of other cryptocurrencies.

Regulatory Compliance

Coinbase is regulated by the Monetary Authority of Singapore (MAS) and holds a Major Payment Institution (MPI) Licence. This means that Coinbase is fully compliant with the Payment Services Act and is a trusted platform for buying, selling,