Just a little over a month after announcing its partnership with Xfers, a Singapore-based payment processing gateway, Hong Kong-based cryptocurrency platform Crypto.com has announced it is now allowing its Singapore users to buy and sell crypto in SGD instantly with Xfers Wallet.
Crypto.com reported that through the partnership with Xfers its users may instantly use funds in their Xfers account directly to buy and sell crypto (including BTC, ETH, LTC, BCH, XRP, BNB, MCO, CRO). By facilitating the purchase and selling of cryptocurrencies with fiat currencies, the partnership further accelerates the adoption of cryptocurrencies in Singapore. To use funds in Xfers account to buy crypto, users need to first connect their Crypto.com App to Xfers:
- Make sure you have a verified Xfers account.
- Open the Crypto.com App and Click “Connect with Xfers”
- Click “Send” beside your phone number to receive a “one-time-password” via SMS. Enter that password to verify your phone number and identity with Xfers
Crypto.com then noted once the Xfers account is successfully connected, users can choose SGD Xfers wallet as the settlement wallet when buying crypto. The platform added:
“Connect your Xfers account to the Crypto.com App today and start buying crypto instantly in SGD with your Xfers wallet!”