Coinut (Coin Ultimate Trading) makes it really easy for anyone to buy Bitcoin using Singapore Dollars (SGD), US Dollars (USD) or Canadian Dollars (CAD). In this beginner's guide, you will learn how to buy Bitcoin and store it securely in your Coinut wallet.
1. Sign up for Coinut
The first step is to sign up for a Coinut account. This will give you a secure Coinut wallet to store your Bitcoin. This digital currency wallet will also provide easy payment options to buy digital currencies using SGD, USD or CAD.
2. Connect Your Bank Account
After you sign up, you'll need to complete some simple verification steps before you can use the account. Complete the Customer Due Diligence form and connect your bank account to your wallet. Once the verifications are complete, you can start a transaction.
3. Buy, Sell or Trade Bitcoin
After you buy Bitcoin on Coinut, we will store it securely in your Bitcoin wallet, and you will be able to see it in your Balance Status. ('Selling' will work the same way but in reverse). Our cryptocurrency exchange will update you on the current changes in the Bitcoin price.