With Crypto.com now enabling SGD withdrawals directly from their app, this is possibly one of the best fiat off-ramp methods for crypto to SGD.
This is because:
1. You are able to sell a large number of cryptocurrencies directly to SGD
2. There are no fees charged (compared to the 0.4% for XSGD)
However, the spread on Crypto.com may be high, which means that the exchange rate between your cryptocurrency and SGD may not be at the market rate.
However, when you compare this with other fiat off-ramp methods in Singapore, this could be the easiest and most convenient way, compared to other methods like FTX.
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📝 TEXT GUIDE 📝
Withdraw From Crypto.com in Singapore: https://thefipharmacist.com/how-to-withdraw-money-from-crypto-com-singapore/
Linking StraitsX To Crypto.com: https://thefipharmacist.com/crypto-com-straitsx/
📺 RELATED VIDEOS / PLAYLISTS 📺
Depositing SGD To Crypto.com: https://youtu.be/WkTye7NbQ-Q
Depositing USD To FTX From Singapore: https://youtu.be/nQ61DKS78Po
Singapore Crypto Guides: https://www.youtube.com/playlist?list=PLYUvpGY4wSXvQTcPukCDuxYEpnVQEjX1V
Crypto.com Guides: https://www.youtube.com/playlist?list=PLYUvpGY4wSXvmOYWuNhBtC3blBLeVdzGB
📈 CENTRALISED EXCHANGES 📈
🔵 Crypto.com App ($25 USD in CRO after staking for a Ruby Steel card): https://crypto.com/app/x2kfzusxq6
🔵 Crypto.com Exchange (up to $50 in CRO): https://crypto.com/exch/x2kfzusxq6
⚫️ FTX (5% OFF your trading fees): https://ftx.com/referrals#a=FIPCRYPTO
🟡 KuCoin (15% OFF your trading fees): https://www.kucoin.com/r/af/QBSSSAC8
🟡 Binance (15% OFF your trading fees): https://accounts.binance.com/en/register?ref=GCHRSA69
🪙 NON-CUSTODIAL WALLETS 🪙
🔵 Maiar (USD $10 in eGLD when you buy USD $200 of eGLD):
🟢 ZenGo ($10 cashback in BTC): https://go.zengo.com/uCxL/2b46b535
💰 CRYPTO INTEREST 💰
🟠 Celsius ($50 in BTC when you transfer ≥ $400 worth of assets and hold for 30 days): https://celsiusnetwork.app.link/174656489c
🔵 BlockFi ($10 in BTC when you transfer ≥ $100 worth of assets and hold for 30 days): https://blockfi.com/?ref=45c1acbb
⚪️ Nexo ($25 in BTC when you transfer ≥ $100 worth of assets and hold for 30 days): https://nexo.io/ref/ok9odro5fl?src=ios-link
🔵 Hodlnaut: ($30 in USDC when you transfer ≥ $1,000 worth of assets and hold for 31 days): https://hodlnaut.com/join/XuNoh3MSW
🔧 CRYPTO TOOLS 🔧
🔵 Koinly (Easily Calculate Your Taxes): https://koinly.io/?via=D559D9A0
🔵 Unstoppable Domains (Get Your Crypto Domain FOR LIFE): https://unstoppabledomains.pxf.io/FIPHARM
💹 TradingView: https://www.tradingview.com/?offer_id=10&aff_id=29920
🔑 HARDWARE WALLETS 🔑
⚪️ Ledger Nano: https://shop.ledger.com/pages/ledger-nano-x?r=f4ca2a3eb8e3
⚫️ Trezor: https://shop.trezor.io/product/trezor-starter-pack?offer_id=114&aff_id=10498
⚪️ SafePal: https://shop.safepal.io/products/safepal-hardware-wallet-s1-bitcoin-wallet?ref=gideonng
🔵 NordVPN: nordvpn.sjv.io/c/2704359/417838/7452
🌐 SOCIAL MEDIA 🌐
⏰ TIMESTAMPS ⏰
0:05 Steps Before Performing A Withdrawal
0:11 Selling A Crypto To SGD
0:22 Comparison With StraitsX (Advantage)
0:32 Steps For Withdrawal
0:48 Any Fees Charged?
1:03 How Long Before I Receive My Funds?
1:21 The Drawbacks Of This Method
⚠️ DISCLAIMER ⚠️
Any information that is on this YouTube channel does not constitute as financial advice, as I am not a licensed financial advisor. All videos are based on my own experiences.