More from this section
- Why are ‘Send’ and ‘Receive’ not available for ‘Trade-only’ tokens?
- What are special support tokens?
- Trading (Buy, Sell, Swap)
- Wallet Features (Send, Receive)
Coinhako provides varying levels of support for different cryptocurrencies. Here is the list of tokens we support on our platform:
On 4 June 2020, we started efforts to ensure cryptocurrencies on Coinhako are in compliance with regulations in Singapore.
‘Trade-only’ tokens are listed on Coinhako without the ‘Send’ and ‘Receive’ functions, as they do not meet the necessary regulatory requirements to permit such transactions via these cryptocurrencies – but this would allow us to continue expanding our token choices for you.
We seek your kind understanding on the matter and we are working to establish full support for these tokens on the basis of meeting the necessary regulatory requirements in Singapore.
On 12 August 2020, we made updates to the way we support USDT/USDC on Coinhako.
Coinhako Users now have the option of making USDT/USDC deposits into their account to fund USD trading via their Coinhako USD wallet. For more information about USDT and USDC, click here.
Cryptocurrency Services at Coinhako
1. Trade Cryptocurrencies
The ‘Buy’ function at Coinhako allows you to purchase any supported cryptocurrencies with your local currency, at a spot price.
The ‘Sell’ function at Coinhako allows you to sell any supported cryptocurrencies with your local currency, at a spot price.
Want to know how to buy and sell cryptocurrencies? Click ➡️ here.
Want to hold another digital currency? The ‘Swap’ function at Coinhako allows you to exchange any supported cryptocurrencies with others, at a spot price.
Want to know how to swap cryptocurrencies? Click ➡️ here.
2. Transact with Cryptocurrencies
Send (or withdraw)
The ‘Send’ function at Coinhako allows you to withdraw or send cryptocurrencies to other wallet addresses.
Receive (or deposit)
The ‘Receive’ function at Coinhako allows you to deposit or receive cryptocurrencies in your Coinhako account, from other wallet addresses.
Want to know how to send or receive cryptocurrencies? Click ➡️ here.
3. Store cryptocurrencies securely
One of our primary functions is to provide our users with a Cryptocurrency e-wallet service. You may store your Cryptocurrencies in your Coinhako wallet, which is safe and highly secured.
All funds, except for a small percentage, are swept and forwarded to our cold storage accounts. Cold storage funds are stored in hardware wallets and vaulted in a highly secure location. These 'Cold Wallets' are offline, offer paramount security and cannot be hacked.
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