Coinbase is halting its operation in Singapore and you’re given time until 15th May 2018 to either buy/sell/withdraw your assets from the platform using SGD to your Xfers.io account.
What does that mean?
If you are an existing Coinbase and Xfers.io customer, do check your email for details or head here to their official announcement.
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Common Q&A – Coinbase Halting Trading in Singapore
If I don’t withdraw my assets and have passed 15th May 2018, what will happen to my assets?
They are going to be just fine. It’s just they are stuck on Coinbase platform, unless you have any other means to convert back Bitcoin and other altcoins purchases to fiat currencies but not using Xfers.io account nor service.
You can go through the transfer route, transferring your assets from Coinbase to any trading platforms that open and operated in Singapore, such as CoinHako and then withdraw from there.
When Coinbase will resume trading in Singapore using SGD?
Until further notice and until Coinbase comply to MAS standard, the service will remain in halting condition.
If you do have queries or thoughts, do post on comment section down below.
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