Sell Cardano in Singapore (ADA)
How to sell Cardano in Singapore
Register, deposit and sell in 5 minutes
1. Create account
Securely register your personal, or business account and verify your identity.
2. Deposit
Instantly deposit Cardano and other crypto assets 24/7.
3. Sell Cardano (ADA)
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
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Access the cryptocurrency market 24/7. Instant SGD deposits with PayNow or FAST, and instant SGD withdrawals using FAST.
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Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.
Multi-currency trading
Buy and sell Cardano and other popular cryptocurrencies with SGD or USD.
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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.
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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.
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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.
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Single purpose asset utilisation
We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt). Your assets are used solely for the purpose of enabling you to transact on our platform.
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What is Cardano (ADA)?
Cardano is an entirely decentralised public blockchain project. Its developing network currently provides a secure exchange of value and will integrate smart contract support amongst various other applications. Every transaction on the network is permanent, secure, and transparently recorded on the Cardano ledger and, in its current operating form, the project itself solves ongoing blockchain industry issues - one being the ability to scale infinitely.
ADA is the native token of the Cardano network. The token can be traded on exchanges like other cryptocurrencies as well as being transferred instantaneously for a minimal fee. Additionally, ADA can be utilised on Cardano’s proof-of-stake (PoS) protocol, as opposed to standardised blockchain Proof-of-Work protocols (PoW). PoS in the network allows token holders to participate in the blockchain validation process by delegating their ADA in a mining pool and receiving a reward for their stake.
This protocol provides initiative with no need for large computational power present in PoW structures, making Cardano's Protocol one of the first of its kind. Future developments will continue to provide ADA holders with opportunities to utilise their tokens for a variety of applications and services.
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