Binance.SG Closing Down – 13 December 2021

This morning I received an email from Binance.sg announcing that it will be winding down….

Then I checked the news to confirm…

Crypto exchange Binance.sg to close by February after operator withdraws Singapore licence application – https://www.channelnewsasia.com/business/binance-sg-singapore-close-withdraw-mas-application-2375571

Binance pulls out of Singapore, shuts down trading effective immediately – https://www.businesstimes.com.sg/garage/binance-pulls-out-of-singapore-shuts-down-trading-effective-immediately

Binance Drops Singapore Cryptocurrency Bourse Application – https://www.bloomberg.com/news/articles/2021-12-13/binance-singapore-withdraws-application-for-local-crypto-bourse-kx3z16pn

I have insvestment in Binance.sg. What should I do?

I will withdraw my money immediately today.

Logged in to my account. Noticed my ETH investment is -9%. Sold everything anyway. Transferred the sales to my Binance Cash Wallet. Withdrawn the money into my DBS bank account. DBS received the money.

Next, use Crypto.com.

~ Adrian Lee

PS: Use my referral link https://crypto.com/app/cpek5xmw7w to sign up for Crypto.com and we both get $25 USD :)