4 Ways You Can Buy VeChain In Singapore

How To Buy VeChain In Singapore

VeChain is a blockchain platform that aims to enhance supply chain management and business processes.

You may be interested in buying some VET tokens, but there aren’t many available methods in Singapore!

This is similar to other ‘rarer’ altcoins like THETA.

So how do you go about buying this token?

How to buy VeChain In Singapore

Here are 4 ways you can buy VeChain in Singapore:

  1. Crypto.com (App)
  2. Crypto.com (Exchange)
  3. Binance
  4. Huobi

This is a summary of all of the different methods:

From SGD?
Type of
NoInstant BuyNone (But may
have large spread)
NoTradingUp to 0.16%
BinanceNoTradingUp to 0.1%
HuobiNoTradingUp to 0.2%

And here is each method explained in-depth:

Crypto.com (App)

Crypto.com is a crypto platform that offers Xfers support. This does make trading crypto more accessible from Singapore.

However, you can’t buy VET directly from SGD.

Instead, you’ll need to make at least 2 trades to purchase VeChain.

How to buy VeChain on Crypto.com

Here are the steps you’ll need to do to buy VET on Crypto.com:

  1. Go to Crypto Wallet
  2. Scroll down and find VET
  3. Click on ‘Buy VET’
  4. Select your payment method
  5. Confirm the trade

#1 Go to Crypto Wallet

You’ll need to access your crypto wallet on the Crypto.com app.

Crypto.com Crypto Wallet

This can be done by tapping on the central icon and going to ‘Crypto Wallet‘.

#2 Scroll down and find VET

If you don’t have any VET in your Crypto.com wallet, you’ll need to scroll down to find the currency.

Crypto.com App Find VeChain

It may take a while to find it, as Crypto.com does not have a search function!

#3 Click on ‘Buy VET’

You will be on the VET price page. You’ll need to tap on ‘Buy VET‘ to make the trade.

Crypto.com App Buy VET

#4 Select your payment method

Similar to Coinhako, you cannot decide on the rate that you wish to buy VET at. Instead, it will be done at the prevailing market rate.

There are 3 payment methods that you can use to buy VET on Crypto.com:

1. Debit or credit card

You can use either a credit or debit card to purchase VET directly.

Crypto.com App buy VeChain Credit Card

This would probably the most efficient way of buying VET. However, you will be charged a 3.5% fee if you’re from Singapore!

Due to this high fee, it may not be worth buying VET using your credit or debit card.

2. Crypto wallet

If you have other cryptocurrencies in your crypto wallet, you can use this to trade for VET.

Crypto.com App Buy VET Crypto Wallet

If you have any spare CRO or other currencies, you can trade them to VET immediately!

3. Fiat wallet

The final way that you can buy VET on Crypto.com is via a fiat wallet.

Crypto.com Buy VET From Fiat Wallet

Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.


You can only buy VET from either a EUR or AUD fiat account.

This is because there are only 8 cryptocurrencies that you can purchase from Xfers:

  1. BTC
  2. ETH
  3. BCH
  4. LTC
  5. XRP
  6. CRO
  7. BNB
  8. XSGD

If you want to buy VET with SGD, here are the steps that you’ll need to do:

  1. Buy any of the 8 currencies above
  2. Purchase VET using the crypto wallet (method 2)

#5 Confirm the trade

When you confirm the details, Crypto.com will lock in the exchange rate for 15 seconds.

Once you confirm the trade, VET will be credited to your account.


Here are the fees that you’ll incur with Crypto.com:

Type of FeeAmount
Deposit Fees
Trading FeesNone
Fee (SGD)
0.4% per withdrawal (Xfers)

The fees when trading with Crypto.com seem to be lower! However the spreads can be quite high.

A spread in trading is the difference between the buy (offer) and sell (bid) prices quoted for an asset.

IG Trading

When you make multiple trades on the Crypto.com app, you may lose some money due to the spread!

These costs can be hard to keep track, but it is something you’ll need to consider.

Crypto.com (Exchange)

If you are looking for a more cost effective way of buying other crypto using Crypto.com, you can consider using their exchange platform instead.

Crypto.com Exchange Platform 1

This platform is separate from the app, and you’ll need to create a separate account for it.

If you are interested in signing up for a Crypto.com Exchange account and stake at least 1,000 CRO, you can earn at least $10 USD worth of CRO!

For this exchange, you aren’t able to trade your SGD for any of the currencies.

Instead, there are 3 main trading pairs that you can use:

  1. BTC
  2. USDT
  3. CRO
Crypto.com Exchange Trading Pairs

So how do you go about buying VET on Crypto.com’s Exchange platform?

#1 Buy CRO directly from SGD

On the Crypto.com app, you can buy either CRO directly from your Xfers wallet.

Crypto.com Buy CRO Fiat Wallet

The crypto will be credited into your Crypto.com app wallet.

#2 Transfer your CRO to Crypto.com Exchange

After you have received your CRO, you will need to transfer it to the Crypto.com Exchange platform.

The transfer between the app and the exchange platforms is free.

On the currency’s page, you’ll need to go to ‘Transfer‘,

Crypto.com App Transfer To Exchange

click on ‘Withdraw‘,

Crypto.com App Withdraw

and then tap on ‘Crypto.com Exchange‘.

Crypto.com App Transfer To Crypto.com Exchange

After selecting the amount, the CRO will be deposited in your Exchange account.

Crypto.com Transfer Funds To Exchange

#3 Select VET/CRO as your trading pair

On the Exchange platform, you’ll need to go to ‘Spot‘,

Crypto.com Exchange Spot 1

and select VET/CRO your trading pair.

Crypto.com Exchange VET CRO Trading Pair

#4 Select the amount and make the trade

You can choose between 4 different types of trades on Crypto.com Exchange:

  1. Limit
  2. Market
  3. Stop Limit
  4. Stop Loss
Crypto.com Exchange Buy VET From CRO

After selecting the price and the amount that you wish to buy, you can make the trade.

One thing I do not like about Crypto.com’s Exchange platform is that you are unable to see the fee that you’ll incur.


Is this process really worth all the hassle? Why not just make the trade between CRO and VET in the app?

Here is the price of 1 VET in CRO in the Crypto.com app,

Crypto.com App CRO VET Exchange Rate

compared to the prevailing market rate on the Exchange platform at around the same time.

Crypto.com Exchange VET CRO Exchange Rate

You are paying about an additional 0.0084 CRO for every VET that you buy.

While this may seem very little, it will become significant if you are trading a large sum of money!

Moreover, you are able to select the price that you want to buy your VET at with a Limit order.

The trading fees start from between 0.10% to 0.16%.

Crypto.com Exchange Fees

If you are looking to buy VET frequently, this method may be slightly more cost effective compared to buying via the app!


Binance is one of the largest crypto exchanges in the world. You are able to trade many cryptocurrencies on their platform.

You can’t buy VET using a credit card, nor directly from your SGD. As such, you’ll need to use the altcoin method to buy this currency.

First, you’ll need to buy crypto from another exchange, and then deposit it into Binance.

Binance Deposit BTC

The best currencies to deposit are BTC or USDT. This is because they have the most trading pairs available.

When you deposit your crypto, you’ll need to make sure that the address you’re sending to is correct.

If not, your crypto may be lost forever!

You can consider using the Binance P2P platform too

Instead of sending crypto from another platform, you can consider using Binance’s P2P platform as well.

Binance P2P Platform Buy ETH

This platform allows you to buy crypto from SGD, such as:

  1. BTC
  2. ETH
  3. USDT

Most of these currencies will have a trading pair with VET.

Using this method will help you to save on sending fees. However, there may be scammers that are on the platform.

As such, you’ll need to be very careful with who you’re trading with!

Make the trade from your crypto to VET

After depositing your crypto, you’ll have to buy VET on Binance’s trading platform.

Binance Trading Platform

Here are the trading pairs that you can trade for VET on Binance:

  1. VET/BTC
  4. VET/BNB
  5. VET/ETH
Binance VET Trading Pairs

After selecting your trading pair, you can start to determine the details of your order.

Binance Buy VET From BTC

You’ll need to decide on:

  1. The amount of BTC you want to trade
  2. The price of VET you want to buy at

Once you make the trade, the VET will be credited into your account.


Here are the fees that you’ll incur when trading on Binance:

Type of FeesFee Amount
Deposit FeesNone
Trading FeesUp to 0.1%

The trading fees on Binance are as low as Luno Exchange!

However, it is also quite a hassle to buy VET on Binance if you’re from Singapore. If you send BTC to Binance, you will incur a withdrawal fee from the crypto exchange you’re sending from.

All of these fees will add up, and you may buy a much lower amount of VET than you initially expected!


Huobi is another crypto exchange that allows you to trade a variety of cryptocurrencies.

Since they do not allow you to deposit SGD onto their platform, you’ll need to deposit another cryptocurrency into the exchange first.

Here’s what you’ll need to do to buy VeChain on Huobi:

  1. Deposit a cryptocurrency into Huobi
  2. Select a trading pair with VET
  3. Select the type of order you wish to make
  4. Select the quantity of VET you wish to buy

#1 Deposit a cryptocurrency into Huobi

First, you’ll need to go to ‘Balances → Exchange Account‘.

Huobi Balance Exchange Account

This is where you will deposit your crypto to.

You can choose a wider variety of cryptocurrencies to deposit into Huobi, compared to Binance.

Huobi Deposit Cryptocurrency

The safest currencies to deposit will be either BTC or ETH.

#2 Select a trading pair with VET

After depositing your crypto, you can start trading it.

If you just want to trade your crypto, you can go to ‘Spot Trading → Exchange‘.

Huobi Spot Trading

You’ll be brought to the exchange platform, which can be rather overwhelming.

Huobi Exchange Platform

You’ll need to find a trading pair with VET, which can be done at the left hand side of the platform.

Huobi VET Trading Pairs

There are fewer trading pairs on Huobi compared to Binance:

  3. VET/BTC
  4. VET/ETH

You can choose to use USDT instead of BTC, but there are fewer platforms in Singapore that allow you to trade in USDT.

#3 Select the type of order you wish to make

After you’ve selected your trading pair, you would need to select the order type that you wish to make:

  1. Limit
  2. Market
  3. Stop-Limit
  4. Trigger Order

Limit orders allow you to determine the price you wish to buy or sell your crypto. Meanwhile, market orders will buy your crypto at the prevailing market rate.

#4 Select the quantity of VET you wish to buy

After you’ve selected your order, you’ll need to select the amount of VET you wish to buy.

Huobi Buy VET From BTC

Once the trade has been executed, your VET will be credited into your account.



It is not possible for you to buy VET directly from SGD.

Instead, you’ll need to make at least 2 trades to own VET.

The Crypto.com app allows you to buy currencies like CRO or BTC directly from SGD. After that, you can trade either CRO or BTC to VET.

Another way would be to buy BTC / ETH / USDT from SGD on Binance’s P2P platform, and then trade it for VET.

Both of these methods will help you to save on the sending fees that you’ll incur when sending between platforms.

Binance Referral (Receive 5% off your trading fees)

If you are interested in signing up for a Binance account, you can use my referral link.

You will be able to receive 5% off all of your trading fees on Binance!

Crypto.com Referral (Get $25 USD worth of CRO)

If you are interested in signing up for Crypto.com, you can use my referral link and enter the code ‘x2kfzusxq6‘. We will both receive $25 USD worth of CRO in our Crypto Wallet.

Crypto.com Referral

Here’s what you’ll need to do:

  1. Sign up for a Crypto.com account
  2. Enter my referral code: ‘x2kfzusxq6
  3. Stake enough CRO to unlock a Ruby Steel card or higher

The amount of CRO that you need to stake depends on the card you wish to get, and the currency you are staking in.

You can read more about the referral program on Crypto.com’s website.

Crypto.com Exchange Referral (Earn $10 USD- $50 USD in CRO)

If you are interested in creating a Crypto.com Exchange account, you can use my referral link and enter the code “x2kfzusxq6“.

Depending on the amount of CRO you stake on the Crypto.com Exchange, you are able to earn between USD $10 to USD $50!

Crypto.com Exchange Referral

Here are the amounts that you’ll need to stake to receive the bonuses:

Amount of
CRO Staked
Referral Bonus
You Receive
1,000 – 4,999 CRO$10
≥ 5,000 CRO$50

If you’ve already signed up for the Crypto.com app, you can still sign up for this bonus! This is because the Crypto.com App and Exchange are 2 different platforms.

You can read more about this referral program on Crypto.com’s website.

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