Singapore’s DBS Bank to Launch Crypto Exchange

DBS Bank will be launching a digital currency exchange. The largest lender in Singapore, through its new project, will allow for institutional clients to trade with crypto coins against an array of fiats.

The project will be entitled to DBS Digital Exchange. As of now, the platform will be running Bitcoin, Ether, Ripple, and Bitcoin Cash. Users can trade with these major cryptocurrencies against fiats, such as the Singapore dollar, USD, Hong Kong Dollar, and the Japanese Yen.

The way media outlets got a hold of the news was after a mistake made by the bank. The website of the bak updated with the news of the exchange, but then quickly took the page down. However, there is a cached version of the deleted page, which is where most got their info from.

“Digital assets are poised to be the future of tomorrow’s digital economy…With DBS Digital Exchange, a bank-backed digital exchange, companies and investors can now leverage an integrated ecosystem of solutions to tap the vast potential of private markets and digital currencies” the page read before being deleted.

However, the project expands further, and will additionally offer digital coin custodian services and security token offerings.

Institutional investors are technically the only ones who will be able to access the crypto exchange services. Retail investors will be able to access the service only through DBS members (DBS Vickers Securities and DBS Private Bank).

Share Review:
Yes it is. Based on the user review published on NO-SCAM.com, it is strongly advised to avoid Singapore’s DBS Bank to Launch Crypto Exchange in any dealing and transaction.
Not really. In spite of the review published here, there has been no response from Singapore’s DBS Bank to Launch Crypto Exchange. Lack of accountability is a major factor in determining trust.
Because unlike No-Scam.com, other websites get paid to remove negative reviews and replace them with fake positive ones.
Singapore’s DBS Bank to Launch Crypto Exchange is rated 1 out of 5 based on the reviews submitted by our users and is marked as POOR.
Never trust websites which offer a shady ‘advocacy package’ to businesses. Search for relevant reviews on Ripoff Report and Pissed Consumer to see more unbiased reviews.
The above review and comments against Singapore’s DBS Bank to Launch Crypto Exchange were submitted by NO-SCAM.com user(s) and have been published as-is. NO-SCAM.com does not edit, alter or remove content published by it’s users. There’s no amount of money a business can pay to manipulate their reviews or complaints and NO-SCAM.com will NOT entertain any request to remove the review on Singapore’s DBS Bank to Launch Crypto Exchange at any cost whatsoever.
>