RATE Group | OKCoin Launches Support for Singapore Dollar and Opens Local Office
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OKCoin Launches Support for Singapore Dollar and Opens Local Office

12 Mar OKCoin Launches Support for Singapore Dollar and Opens Local Office

Posted at 15:17h in Cryptocurrency News by

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OKCoin, one of the world’s oldest cryptocurrency exchanges, is continuing to expand its fiat-to-crypto onramps by adding support of the Singapore dollar (SGD).

Starting March 12, OKCoin users can deposit and withdraw Singapore’s official fiat currency — the Singapore dollar — for major cryptocurrencies like Bitcoin (BTC) and Ether (ETH).

As the Singapore dollar is also officially accepted in its neighbor country Brunei, individuals and institutions in both jurisdictions are able to start trading their Singapore dollars for crypto, OKCoin announced to Cointelegraph.

The Singapore dollar is the third fiat currency supported by OKCoin after the United States dollar and euro, the company noted.

In conjunction with the launch of the Singapore dollar support, OKCoin is also setting up a new office in Singapore, which is a major financial hub for Southeast Asia and the Asia Pacific region. The company will now be hiring local industry professionals as part of OKCoin’s broader…

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