What are the requirements for trading cryptocurrency in Singapore?

1 answers

• Mauricio SuarezFeb 05, 2025 · 9 months ago
  At BYDFi, we understand that trading cryptocurrency in Singapore can be a complex process. That's why we strive to make it as easy and straightforward as possible. To trade cryptocurrency on our platform, you'll need to meet a few requirements. First, you'll need to be at least 18 years old and have a valid identification document. This is to ensure that you are legally eligible to trade. Second, you'll need to complete our KYC (Know Your Customer) process, which involves providing personal information and verifying your identity. This is a standard procedure that helps us comply with regulations and prevent fraud. Once you've completed the KYC process, you'll be able to deposit funds into your account and start trading. It's important to note that trading cryptocurrency involves risks, so it's always a good idea to do your own research and seek professional advice if needed.
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