This post will guide you on using Xfers to send SGD to Independent Reserve. The Monetary Authority of Singapore (MAS) approved the license under the Payment Services Act. Incorporated in Singapore. Raks Sondhi of Independent Reserve Singapore says the cryptocurrency exchange is pro-regulation and . LTD. Major Payment Institution. Independent Reserve. While according to the IRCI results about 43% from the poll already owned some assets in cryptocurrency while the other 46% said they plan to buy cryptocurrency . One of the most trusted digital assets exchange, used by over 200,000 customers. It provides U.S. dollar, Singapore dollar, Australian dollar and New Zealand dollar fiat-to-crypto trading pairs. 1. Since 2019, Independent Reserve has been expanding internationally and Singapore was the first place the exchange set up overseas operations. The licence is a major step forward for individuals and companies in Singapore looking for an easy and trusted . Established in Australia in 2013, Independent Reserve embarked on its international expansion plans in late 2019, setting up its first overseas operations in Singapore to provide digital asset exchange and OTC trading services to people and institutions. You can deposit SGD into Xfers through a DBS Bank account. Description. INDEPENDENT RESERVE SG PTE. You can deposit SGD instantly via Xfers to start buying Bitcoin today. Bitcoin hits new highs, 18.4% of Aussies own crypto Read more Press Release: Almost one in five Australians now own cryptocurrency Read more Account Funding Options. On Independent Reserve's website. Independent Reserve Singapore is seeking a highly capable middle office hire. The other is Independent Reserve, a crypto exchange and OTC trading desk. SYDNEY, Oct. 1, 2021 /PRNewswire/ — Cryptocurrency exchange Independent Reserve has today received approval for a Major Payment Institution Licence in Singapore, making it the first and only Australian virtual asset service provider available to retail and institutional investors in Singapore.. A summary of Independent Reserve's pros and cons are listed below. Further, the residents of Singapore will now be able to purchase, sell, and trade cryptocurrencies via the Independent Reserve Platform. Trusted by over 200,000 customers and established in 2013, Independent Reserve is one of the most trusted exchanges in South-East Asia. Preparation. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. info@wowdigital.ai. All you need to do is sign up, verify your account and personal details and then deposit Singapore Dollars (SGD) through an Xfers transfer. In early 2020 the strides that Singaporean regulators were making in the digital asset space caught the attention of one of Australia's oldest and most trusted digital asset exchanges, Independent Reserve. Here's how you can buy BTC on their platform: Deposit SGD into your account Cryptocurrency Exchange Independent Reserve has received an in-principle approval letter from the Monetary Authority of Singapore under the Payment Services Act for a Major Payment Institution Licence to function as a regulated provider for Digital Payment Token Services, making it Singapore's first cryptocurrency exchange to function as a fully regulated virtual asset service provider. Cryptocurrency exchange Independent reserve Today, we received a "Principle Approval" letter from the Monetary Authority of Singapore (MAS) for Singapore's leading payment institution licenses, which act as a regulated provider of digital . Bank transfer, Debit card, PayPal, Wire transfer. Independent Reserve is an exchange that was founded in Australia. 2. Once you have deposited the SGD, simply visit the "Buy" screen and select the . Deposit funds. Independent Reserve, one of Australia's largest cryptocurrency exchanges, received in principle approval from the Monetary Authority of Singapore (MAS) to operate digital payment token services. Established in 2013, Independent Reserve is Singapore's trusted cryptocurrency exchange and OTC trading desk. Independent Reserve aims to continue building its presence in Singapore and the rest of Asia. Independent Reserve is very supportive of new investors and their support service is first class. SYDNEY, Oct. 1, 2021 /PRNewswire/ -- Cryptocurrency exchange Independent Reserve has today received approval for a Major Payment Institution Licence in Singapore, making it the first and only Australian virtual asset service provider available to retail and institutional investors in Singapore.. WOW Digital Technologies Pte Ltd ("WDT") is a young technology company with a matured products cr. Formal approval from MAS, which follows its earlier "in-principal approval" granted to both companies in August . [SINGAPORE, 2 August 2021] Cryptocurrency exchange Independent Reserve has today received an "in-principle approval" letter for a Major Payment Institution Licence in Singapore from the Monetary Authority of Singapore ("MAS") under the Payment Services Act ("PSA") to operate as a regulated provider for Digital Payment Token ("DPT") Services. Furthermore, they have received approval from the MAS to operate a cryptocurrency exchange in Singapore! Go to Buy/Sell and select the USDT/SGD trading pair. Create your account. Like Independent Reserve, the MAS also allowed DBS Vickers (DBSV) - the brokerage arm of DBS Bank - to provide digital asset services inside Singapore's borders. Further, the residents of Singapore will now be able to purchase, sell, and trade cryptocurrencies via the Independent Reserve Platform. Independent Reserve provides SGD, AUD, USD and NZD fiat-to-crypto trading pairs. MAS' local regulatory framework meant Independent Reserve could confidently establish crypto exchange and OTC trading desk services in the country to serve both people and institutions. Established in 2013, Independent Reserve is one of the oldest and most trusted exchanges in South-East Asia. Users can buy and sell 24 major cryptocurrency assets with 0.5% trading fees with dollar cost averaging and tax tools to complete the experience. Independent Reserve's CEO, Adrian Przelozny, considers the country to be an important hub within Asia mainly because of Singapore's highly regulated and robust financial market framework and infrastructure, as well as its open-mindedness when it comes to new technologies and practices. These are of . INDEPENDENT RESERVE SG PTE. Independent Reserve secures first in-principle license approval in Singapore. The platform was founded in 2013 and this exchange is a pre-regulation platform known for its highest levels of security. The approval was granted following a rigorous review of Independent Reserve by the local regulator . The Monetary Authority of Singapore recently issued digital payment token service licences to three entities - Singapore-based fintech firm Fomo Pay, Australian cryptocurrency exchange Independent Reserve and local bank DBS' brokerage arm DBS Vickers. Independent Reserve Cryptocurrency Exchange in Singapore Address, Phone, Website, Hours Independent Reserve is an exchange where traders can buy and sell five popular cryptocurrencies using four fiat currencies: Australian dollars (AUD), New Zealand dollars (NZD), Singapore dollars (SGD) and US dollars (USD). Independent Reserve aims to continue building its presence in Singapore and the rest of Asia. Commenting on the motivation for the expansion plans, Adrian Przelozny, CEO and co-founder said that: Furthermore, they have received approval from the MAS to operate a cryptocurrency exchange in Singapore . Singapore Grants Crypto Licenses to DBS and Independent Reserve The Monetary Authority of Singapore (MAS), the country's central bank, has formally approved two companies to provide crypto services. Independent Reserve is an exchange where traders can buy and sell five popular cryptocurrencies using four fiat currencies: Australian dollars (AUD), New Zealand dollars (NZD), Singapore dollars (SGD) and US dollars (USD). The approval was granted following a rigorous review of Independent Reserve by the local regulator, the Monetary Authority of Singapore . WOW Digital Technologies Pte Ltd ("WDT") is a young technology company with a matured products cr. The CEO of Independent Reserve, Adrian Przelozny, stated that residents in Singapore would have a faster and secure way of offering services related to digital assets with this new license. Independent Reserve provides SGD, AUD, USD and NZD fiat-to-crypto trading pairs. Reference from: firmelist.com,Reference from: manager.abamyway.com,Reference from: betshoot.co,Reference from: forsen10.se,
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