Let’s be honest the free SGD$170 doesn’t just fall from the sky and Coinbase definitely has to benefit from it and it does require some referral from your part to get the full amount of SGD $170/- BUT! if you are too lazy to do referral you can still be able to get SGD $84 dollars for free.

So what is Coinbase? Coinbase is the largest and the most popular platform to grab your first cryptocurrency with your credit/debit card. They are trustworthy and are regulated company and holds licenses in all districts in which it operates.

Now if you are new to Cryptocurrency please do follow our steps closely.

Step 1 – Register an account with Coinbase.

1. Register your account with the link here to get SGD $14/-.
2. Link your credit/debit card
3. Purchase SGD $140/- worth of Ethereum to receive the free SGD $14/- from our link. (Skip this step if you do not intend to put in any money) *[Note you can always draw the money after you got the free money]

Step 2 – Go to “Coinbase Earn”

1. Head on to https://www.coinbase.com/earn

Coinbase earn is newly introduced by Coinbase with collaboration with other popular cryptocurrencies. They give you free crypto in exchange for you to learn and understand the benefit of blockchain technology.

We have tested it out and currently (26/08/2019) only DAI, EOS, Stellar Lumens and Basic Attention Token is giving out free crypto. Well, free crypto = free money anyway.

Simply just click into any crypto listed on the page and follow their steps to earn. Most of them just required you to watch a 2mins clip and answer their quiz. But for EOS and XLM it would require you to refer 4 more people to Coinbase to earn the referral money which amounts to SGD $80/-

If you do not want to go the extra mile you are still able to get around $50/- from doing all the quiz which only took you 30mins? Not bad isn’t it?

2) Step 3 – Convert all your earned Crypto to Ethereum (ETH)

1. Click on the Trade button on Coinbase
2. 
3. After this windows popup click on the Convert section.
4. Convert all your earned Crypto to Ethereum (ETH) The reason why we convert to ETH is due to its low transfer fee which we have to transfer it to another platform in order to withdraw it out to our bank account
5. 

After converting all the earned Crypto to ETH we then move on the next step.

Step 4 – Setting up Binance.sg and Xfers.com for withdrawal

Now, this is a litter complicated so do-follow through. Currently, we are unable to withdraw money out from Coinbase hence we need to use another popular platform call Binance.sg [not .com] and Xfers.com

1. Sign up for Binance.sg account using this link to get SGD $20/- (After topping up SGD $100) [You can always withdraw the money after you top it up. To top up money please follow the next step.]
2. Sign up for Xfers.com account.
   1. Link your bank with Xfers
   2. Follow their instruction carefully on how to transfer funds to Xfers
   3. Link your Xfers account with Binance.sg
3. Now you will see the amount you have on your Xfers being reflected on Binance.sg dashboard.
4. 
5. We recommend purchasing Ethereum as their transfer fees are lower than Bitcoin.
6. Purchase $100 worth of ETH and you will receive $20/- as bonus

Step 5 – Transfer all your ETH on your Coinbase to Binance.sg

1. On Binance.sg go to “Account section” and you will see Ethereum Recieve and Send.
2. 
3. Click on the “Recieve” Button to find out your “ETH Address”
4. 
5. Click on the copy address to copy the address.
6. Go to Coinbase and go to “Account” section.
7. 
8. Find ETH wallet and click on the send button
9. 
10. Paste the address that you copied from Binance.sg
11. Double-check the address again as it is not reversible and your money will be gone if the address is wrong.
12. Continue and send. It will take 1 – 10 minutes to show up in your Binance.sg account
13. Once the ETH show up in your Binance account goes to “buy/sell” section and click on ETH on the “I want to sell” and “Designation” to Xfers
14. 
15. Lastly goes to your Xfers account and withdraw it out to your linked bank account. Do note the minimum withdrawal is set at SGD $100/-
16. 

Now just wait for the funds to be transferred and you are $170 richer! We hope you like our content and do follow our Facebook page for more content like this.

The post Free SGD $170/- worth of Cryptocurrency offered by Coinbase – Here is how you can convert the free $$$ to your bank account. appeared first on unLABELED ft..

If you have invested in Bitcoin during Feb-March 2011 and have kept it since you would probably be SGD $16,999 richer by now for each Bitcoin you own since the price of Bitcoin was only $1 dollar back then. That is a whopping 16999% profit from every $1 dollar invested.

It is 2019 now and during this 10 years, we have seen Bitcoin hitting the highest price point at around SGD $26,000 on 17 Dec 2017 and a year later fell to a loss of 83% at SGD $4,400 on 17 Dec 2017.

Giant tech companies are getting involved in the blockchain technology and the perfect example is Libra, a cryptocurrency created by Facebook. Locally we also have Qoo10 that has Quube.

We are not here to give any financial or investment advise. This post serves only one purpose and it is to teach what is the best way to purchase cryptocurrency in Singapore without paying too many fees, how to trade your bitcoin with another cryptocurrency and how to withdraw out your investment to your Singapore bank. We have listed it down in 3 simple steps, buy, trade and withdraw.

Step 1: Buy

1) Coinbase

Coinbase is the most popular exchange for any beginner and also the easiest way to purchase your first cryptocurrency with your credit/debit card. There have a Buy / Sell fees of 1.49% and a credit/debit card fees of 3.99%. They even have an app for any Android or IOS devices. The platform is clean and easy to understand.

2) Binance.sg (Reccomeded)

Do not be complicated by Binance.com which we will talk about it later on the trade part. Binance.sg is a subsidary from Bianace.com which is the largest platform for trading cryptocurrency right now.

Singapore is lucky as Binance setup a Singapore counterpart for us Singaporean to purchase and withdraw money easily. To begin first we need to sign up for Xfers and Binance.sg

Click here to sign up for Xfers Click here to sign up for Binance.sg

Xfers is just like another PayPal which act as a payment platform but Xfers focus on Digital Currency (Cryptocurrency) hence once you sign up for Xfers you can link your bank directly and you can deposit and withdraw your money directly from your bank.

After which you can send your funds to Binance.sg and start purchasing your first Bitcoin. Do note that Binance.sg only offer 3 cryptocurrency right now which is Bitcoin, Ethereum and Binance Coin.

Step 2: Trade

This is for the more advance stage where you explore more opportunities with Alt coins. Alt coins are other cryptocurrencies that are not bitcoin. There are thousands of other coins out there for you to explore and when you see one that you are interested to invest in the high chance is that it most probably be available in exchanges.

Crpto exchange acts like stock exchange. We have listed 3 of the biggest crypto exchange for your references. Simply transfer your coins to these exchanges and you can start trading. Do note that you need to check if the cryptocurrency you are interested in is listed there simply by checking on Coinmarketcap.

Simply search for the coin you want and you can see on which exchange is the cryptocurrency listed.

1) Binance (Largest exchange)

2) Huobi (2nd Largest exchange)

3) Kucoin (3rd largest exchange)

Step 3: Withdraw

After gaining profits and now you decided to draw out the money to your bank account. In the past, we can easily withdraw money from Coinbase but as of today, we are unable to do so.

The next easier was is to just withdraw from your Binance.sg wallet and deposit it your Xfers. From there you should have already linked your bank and it can simply tranfer it directly to your linked bank account.

Click here to sign up on Binance.sg

The post How to buy Bitcoin, Ethereum and cryptocurrency​ in Singapore? (Updated July 2019) appeared first on unLABELED ft..