Coinhako is thrilled to share that we have increased our deposit and withdrawal limits for Singapore Dollar (SGD) inter-bank transfers, for all our Singaporean users!
All Singaporean Coinhako users, that have completed levels of the Coinhako Identity Verification Process - or Know-Your-Customer (KYC) - can now enjoy these deposit and withdrawal limits for SGD inter-bank transfers.
SGD Withdrawal Limits
We have DOUBLED our SGD daily withdrawal limits!
Level 1 Verified Singaporean users
Coinhako Singaporean users that have completed Level 1 of our KYC process can now withdraw up to S$5000 per day.
Level 2 Verified Singaporean users
Coinhako Singaporean users that have completed Level 1 of our KYC process can now withdraw up to S$10000 per day
These withdrawals can be directly sent to your bank account. Here is a detailed guide on how to make a withdrawal.
SGD Deposit Limits
You can transfer money into your Coinhako SGD wallet each day to buy Cryptocurrencies - like Bitcoin, Ethereum, Ripple and more - directly with SGD!
Level 1 Verified Singaporean users
Coinhako Singaporean users that have completed Level 1 of our KYC process can now deposit up to S$10000 per day.
Level 2 Verified Singaporean users
Coinhako Singaporean users that have completed Level 2 of our KYC process can now deposit up to S$20000 per day.
For more information on deposit and withdrawal matters, you can visit this article.
Not Verified on Coinhako yet? Find out how!
Coinhako is committed towards building a safe and accountable local blockchain scene in Singapore, hence we require users to submit documents for identity verification.
You can improve your Coinhako trading experience when you the following submit documents.
Level 1 Verification:
Foreigners and Permanent Residents in these regions may use the following as Identity Documents:
- Employment Pass
- Residence Pass
Level 2 Verification:
Kindly note that proof of address documents must comply with the following requirements:
- Your name, address and date must be visible in the document.
- Document must be dated less than 3 months ago.
- Document must be shown in full-page view; images showing a part of the document will not be accepted.
- Screenshots will not be accepted.
How long will Coinhako take to verify my account?
We typically take 1 business day to process verifications.
Is my personal data shared with Coinhako safe?
Yes! As Coinhako is committed to safeguarding the personal data of our users, you may be assured that all your information is safe with us. For more information, kindly visit our Privacy Policy page for further details on how we safeguard and utilize user data.You get the most out of your Coinhako account after completing Level 2 verification.
COMPLETE VERIFICATION NOW!
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*The information presented in this article does not constitute investment advice and is purely for educational and/or informational purposes.
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