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The Ultimate Guide to Getting Started on Bitcoin and Other Digital Assets on Singapore’s Leading Crypto Exchange

New to Coinhako? Here’s a step-by-step guide to getting started on Coinhako!

The Ultimate Guide to Getting Started on Bitcoin and Other Digital Assets on Singapore’s Leading Crypto Exchange

1. Getting Started on Coinhako

To embark on your journey with Bitcoin and other digital assets, look no further than Coinhako, the premier Singapore crypto exchange. Here's how you can optimize your experience:

  1. Create a Coinhako Account Start by setting up an account on Coinhako's official website, www.coinhako.com. It is crucial to use your legal name, as stated in your NRIC or identity document, to expedite the verification process. Stay updated with transaction alerts, password resets, and key updates by registering with an actively monitored inbox.
  2. Protect Your Account with Two-Factor Authentication (2FA) In today's digital landscape, safeguarding your Coinhako account is of utmost importance. Add an extra layer of security by implementing 2FA. Here's what you'll need:
  • Authenticator app (choose from popular options like Google Authenticator or Authy)
  • Coinhako account

Protect Your Account with Two-Factor-Authentication

To set up 2FA:

  1. Download an authenticator app from the App Store or Google Play Store.
  2. Access the Superwallet screen and click on your name.
  3. From the drop-down menu, choose "Two-Factor Authentication."
  4. Select "Setup 2FA" and follow the instructions. For a comprehensive guide on setting up two-factor authentication click HERE.

Sign up for a Coinhako account

2. Verifying Your Coinhako Account

At Coinhako, we prioritize the safety and accountability of our platform. By ensuring our customers' identities, we can create a secure environment for all users. Our quick and automated Know-Your-Client processes take only a few minutes. Follow these steps for a seamless verification process:

To begin verifying on the Web,  click on your name on the upper right corner the select “Identity Verification” from the drop down menu. To begin verifying on mobile, you should select “Settings” on the bottom right of your screen.

Step 1: Verify Your Phone Number

  • Choose your country of residence and enter your phone number.
  • Receive a 6-digit code via SMS for number confirmation.
  • Enter the code and click submit to proceed to Step 2.

Step 2: Verify Identity

  • Capture photos of your identity document (NRIC, 11B, or Government Service Card for Singaporeans).
  • Take pictures of both the front and back of your document, following the on-screen instructions.

Step 3: Complete The Questionnaire

  • Answer a simple and confidential questionnaire to help us understand you better.
  • Your responses will be treated with utmost privacy.

Step 4: Submit Proof of Address

  • Provide documents as proof of your Singapore residence.

3. Funding Your Coinhako Wallet

Coinhako, offers convenient funding options in both SGD and USD. Customers in Singapore can effortlessly fund their trades with SGD through three seamless methods:

1. Direct Bank Transfers

Deposit SGD directly into your Coinhako wallet, a preferred choice among our users. Clear instructions for making a deposit can be found on the Super Wallet screen by clicking on the SGD wallet and selecting the green "Deposit" button. To ensure a smooth process, carefully follow all instructions and enter the unique deposit code correctly.

For more information about SGD deposits, please view this support article.

2. Card Payments

Urgently need to buy Bitcoin? With the increasing demand for digital assets, we have enhanced our payment system to provide an even smoother experience, especially when time is crucial. Coinhako now accepts card payments for users with Singapore-issued cards. Simply add your credit or debit card to your Coinhako account and start trading Bitcoin and other digital assets instantly.

For more information, refer to our Card Payments FAQs.

3. Xfers Direct

Efficiently transfer funds to your Coinhako SGD wallet without leaving the platform using Xfers Direct. Enjoy FAST transfers that deposit SGD directly into your Coinhako wallet within minutes. Each transfer is capped at $20,000 and incurs a 0.55% fee charged by Xfers.

For more information about Xfers Direct, please click HERE.

4. How to Trade on Coinhako

Superwallet: Your Gateway to Singapore's Favorite Crypto Exchange

Experience the ultimate convenience on the Superwallet page, where you can effortlessly explore our extensive selection of digital assets. This screen provides a comprehensive overview with live buy and sell prices for each digital asset. Toggle between SGD and USD currencies to view prices in your preferred currency.

Coin Details: Stay Informed about Bitcoin and More

Curious about recent bitcoin price trends? Simply tap on any digital asset, such as bitcoin, to access the coin details screen. Here, you'll find real-time price charts for your selected coin. Additionally, on the same screen, you can seamlessly perform actions like buying, selling, swapping, sending, or receiving coins.

Set Price Alerts: Never Miss a Trading Opportunity

Don't let the volatile nature of crypto catch you off guard. We've got you covered! Take advantage of our custom price alerts feature, which keeps a constant watch on the market for you. Set personalized thresholds, and be notified instantly when prices reach those levels. Never miss out on a trading opportunity again!

iOS and Android Mobile Widgets: Stay Updated on the Go

Tracking live crypto prices has never been easier, thanks to Coinhako's mobile widgets. Add our widgets to your home screen on iOS or Android devices, and effortlessly monitor your favorite cryptocurrencies. Stay informed about the latest market movements, right at your fingertips.

With Coinhako, you have all the tools and features to navigate the dynamic world of cryptocurrencies with ease. Start your crypto journey today and make the most of our user-friendly platform.

Disclaimer: All writers’ opinions are their own and do not constitute financial advice. As a company, we do our best to provide information that is accurate and valuable. The contents of this blog post are intended for educational purposes only. Individuals are advised to perform due diligence before purchasing any cryptocurrencies as these assets are subject to high volatility, and understand the risks associated with trading cryptocurrencies.

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Copyright © Coinhako 2023 All Rights Reserved. Read more on our terms of use of this blog. All opinions expressed here by Coinhako.com are intended for educational purposes, taken from the research and experiences of the writers of the platform, and should not be taken as investment or financial advice.