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How To Buy Bitcoin in Singapore / Canada

Buy Bitcoin

How To Buy Bitcoin in Singapore / Canada

This guide will help you buy Bitcoin using Singapore Dollars (SGD), Canadian Dollars (CAD), or US Dollars (USD) through Coinut and securely store it in your Coinut wallet.

1. Sign Up for Coinut

Register for a Coinut account and get your secure wallet. Your digital currency wallet provides convenient payment options for buying cryptocurrencies with SGD, CAD, or USD.

2. Connect your Bank Account

After registration, complete the verification process and fill out the Customer Due Diligence (CDD) form. Connect your bank account to your digital wallet.

3. Buy, Sell or Trade Crypto Currency

Once you purchase Bitcoin on Coinut, your funds will be securely stored in your Bitcoin wallet and visible in your Balance Status. You can now buy, sell, and trade Bitcoin, and you'll receive updates on Bitcoin price changes.

What is Bitcoin?

Bitcoin was created in 2009 as a new form of currency that operates on a peer-to-peer network using public key cryptography. It was created by an anonymous person or group known as Satoshi Nakamoto. Bitcoin aims to be a digital cash system that is decentralized and operates without a central authority. There will only ever be 21 million Bitcoins, creating digital scarcity as an alternative to traditional fiat currencies.

Why should I buy Bitcoin?

  • Pay for goods and services
  • Store of value
  • Send money to family and friends
  • Include in short-term or long-term trading plans

What can I do with Bitcoin?

1. Hold/store Bitcoin

Many users hold Bitcoin hoping its value will increase. You can securely store your Bitcoin in your Coinut cryptocurrency wallet.

2. Spend Bitcoin

Bitcoin can be used to pay for goods and services. Many large and small businesses accept Bitcoin as a payment method.

3. Buy, sell, and trade Bitcoin

You can trade, buy, and sell Bitcoin and other cryptocurrencies on Coinut.

Start experiencing Bitcoin trading on Coinut today! If you're ready to take the next step to buy Bitcoin, Litecoin, or Ethereum, sign up for Coinut now.

Get Started Now