Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 coinbase account in malaysia, using singapore bank account

views
     
joeylny
post Jan 17 2018, 04:10 PM

On my way
****
Senior Member
555 posts

Joined: Jan 2003
From: Malaysia




QUOTE(RC1234 @ Dec 30 2017, 06:45 PM)
Greetings all , since  luno is  down currently ,
I want to know  whether  anyone here has experience using Coinbase with singaporean bank for trading ?
Without residing/working in singapore or having singapore telephone.

We have plenty of relatives and friends in singapore but it  would  be a hassle to bug  them for  multiple transactions.

Thanks

Edit : Any advise on opening singapore bank account if  I am not working in sg or have anything to do there . iSavvy Maybank looks viable.
http://www.maybank2u.com.my/WebBank/iSAVvy...pForm010714.pdf
*
Dont know a solution to your query but coinbase limit very low only.. can buy 200 usd weekly only .. or maybe i dont know how to increase the limit ..


Plus opening a bank acct in singapore requires a lot of KYC and not as easy as before.. for non residents

This post has been edited by joeylny: Jan 17 2018, 04:36 PM
joeylny
post Jan 20 2018, 11:40 AM

On my way
****
Senior Member
555 posts

Joined: Jan 2003
From: Malaysia




QUOTE(azores85 @ Jan 17 2018, 05:41 PM)
To open Singapore coinbase account your internet connection needs to be located in SG (i.e. physically in SG or through VPN). If not your location will be permanently set to MY and you can’t do anything.

If you want to do bank deposits (assuming you have SG bank acct) coinbase uses a payment intermediate called Xfers. If you deposit large amounts you need to do KYC with xfers as well. Plus coinbase also needs sg ID to do verification before you can buy as well. Plus side is bank deposits have lower fees of 1.49%.

Also coinbase needs a phone number to send OTP. I doubt they will accept MY phone numbers if it’s a SG acct.

Hope that helps.
*
There is a limit for Coinbase SG only $200 SGD per week coz xfers is temprary pausing any deposits so better stick to myr

 

Change to:
| Lo-Fi Version
0.0137sec    0.61    6 queries    GZIP Disabled
Time is now: 15th December 2025 - 06:20 AM