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Coinbase enters Singapore in partnership with Standard Chartered

As we prepare to ramp up our international expansion over the next 8 weeks, we are thrilled to begin this journey in Singapore.

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Our upgraded retail platform, in addition to our new strategic banking partnership with Standard Chartered, aims to provide you with a seamless, safe, and convenient experience when trading digital assets.

Effective immediately, customers in Singapore can easily transfer funds to and from their Coinbase account using any local bank in Singapore for free. This means you can easily cash in or cash out of your Coinbase account using bank transfers, giving you more flexibility and control over your assets.

We are also pleased to introduce Singpass, the familiar and secure “2-click” experience that Singaporeans are accustomed to using across their apps, making it even easier for you to join our platform.

We understand that you may have questions when trading digital assets, which is why we have upgraded our Help Centre. Our team of experts is available to answer any questions you may have and provide the support you need through an array of tools including live chat.

Our platform offers over 200 assets, providing our customers with greater access to popular crypto assets such as Bitcoin and Ethereum. However, we recognize that investing in the cryptoeconomy can be complicated, which is why we created Coinbase Learning. Our comprehensive catalogue of resources is designed to educate customers about the cryptoeconomy, as well as provide tips for safely navigating the market. From beginner-friendly guides to advanced trading strategies, Coinbase Learning is the go-to destination for anyone looking to deepen their understanding of the cryptoeconomy and its use cases. We believe that access to quality education is essential to empowering our customers to make informed decisions and achieve their financial goals in the crypto space.

We are proud to have received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide regulated Digital Payment Token (DPT) services in the island state. Compliance has always been a top priority for us, and we will continue to strive to be the most trusted and secure platform to trade digital assets.

As Singapore aims to become a global crypto and blockchain hub, we are committed to supporting these ambitions and bringing the best product experience to the Singapore market.

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