Sell Bitcoin in Singapore (BTC)
How to sell Bitcoin in Singapore
Register, deposit and sell in 5 minutes
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1. Create account
Securely register your personal, or business account and verify your identity.
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2. Deposit
Instantly deposit Bitcoin and other crypto assets 24/7.
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3. Sell Bitcoin (BTC)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
Trusted by global partners
Your trusted cryptocurrency exchange
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Made for you
Create a personal or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Instant deposits and withdrawals
Access the cryptocurrency market 24/7. Instant SGD deposits with PayNow or FAST, and instant SGD withdrawals using FAST.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell Bitcoin and other popular cryptocurrencies with SGD or USD.
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Sell Bitcoin on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 350,000 happy customers
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and digital assets.
We hold the vast majority of digital assets in secure offline cold storage protected in underground vaults with maximum security.
Audited and licensed
We are the first crypto exchange to be licensed by MAS.
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal, you can.
We keep your assets safe. That is our promise.
Single purpose asset utilisation
We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt).
Singapore’s first licensed crypto exchange for all investors
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What is Bitcoin (BTC)?
Bitcoin is the first cryptocurrency and blockchain in the world. It facilitates direct online payments between people without a third party. The Bitcoin network is decentralised and does not need a bank to confirm and record transactions. Instead, it relies on cryptography and a peer-to-peer (P2P) network to exchange and secure funds on the blockchain.
A new form of money
Bitcoin was created in 2008, just after the global financial crisis. It introduced the first secure digital payment system that could operate without a middleman. Bitcoin replaces financial intermediaries and processes trustless transactions through a mining system called proof-of-work (PoW). It is the most robust consensus mechanism a blockchain can use and was also the first one created.
Bitcoin redefines money. It has done for online payments what email has done for sending letters. Bitcoin’s blockchain has provided the technology that allows other cryptocurrencies to exist and has resulted in the creation of a multi-trillion-dollar industry.
Nations around the world are embracing Bitcoin for the economic benefits it promises. It is widely accepted and there are even Bitcoin ATMs that allow people to withdraw fiat currency in other countries.
Bitcoin is the most widely known cryptocurrency
Bitcoin (BTC) is ranked #1 with a market cap that is almost half of the entire crypto market. It is deflationary in nature, with a fixed supply of 21 million Bitcoin. Over ninety percent of all Bitcoins have already been mined with the last expected to be minted by 2140. After this, no more Bitcoin can ever be created.
To understand more about Bitcoin, download the ebook The People’s Money, written by Adam Tepper, co-founder of Independent Reserve.
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Register, deposit and trade in 5 minutes.
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