Recommended options for Singapore based investors to shift assets from Binance.com
Deadline: 2021-10-26 04:00 AM UTC (12:00 PM UTC+8)
“With effect from 2021-10-26 04:00 AM UTC (12:00 PM UTC+8), users in Singapore will not be able to access certain functions on Binance.com including fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels and liquid swap (“Regulated Payments Services”).”
“As the market leader, Binance constantly evaluates its product and service offerings. We will be restricting Singapore users in respect of the Regulated Payments Services in-line with our commitment to compliance. Users in Singapore are advised to cease all related trades, withdraw fiat assets and redeem tokens by Wednesday, 2021-10-26 04:00 AM UTC (12:00 PM UTC+8) to avoid potential trading disputes.”
With this latest development, Singapore based investors are searching for reliable crypto platforms to transfer their assets into.
List of platforms licensed and regulated by MAS
List of platforms operating under licence exemption from MAS