Free Bitcoin | Gemini : How to buy Crypto (bitcoin) in Singapore using fiat (SGD, USD)? - YouTube

Channel: PHLOOKHERE

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hello guys welcome and welcome back to ph look聽 here in the coming series of my videos i'm聽聽
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going to show you guys what cryptocurrency聽 platform that i'm using to buy store and聽聽
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earn high interest in my cryptos as well as i'm聽 going to show you guys how to get free bitcoins聽聽
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please note that i'm not a financial advisor聽 please invest with what you can afford聽聽
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to lose in cryptos as it is very volatile so聽 today's crypto platform that i'm talking about聽聽
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is gemini i will show you how to save on fees聽 to buy bitcoin and how you can get $10 free of聽聽
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bitcoin so stay tuned in this video to find out聽 before starting guys i would really appreciate聽聽
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that if you could give my video a like as well as聽 subscribe and also turn on the notification button聽聽
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doing this will give me more motivation to produce聽 better videos for you guys i really appreciate聽聽
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your help and also if you guys would like to get聽 free stocks or free stock cash coupon you guys can聽聽
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open a tiger brokers account or a moomoo account聽 the link to sign up is in my description box below聽聽
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do check it out and see what free stocks or free聽 stock vouchers you can get so let's get back to聽聽
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the main topic the main reason why i use gemini is聽 because in singapore if we want to use our sgd to聽聽
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buy bitcoins using gemini is one of the easiest聽 platform to use as this is known as fiat on ram聽聽
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which means that using a currency to purchase a聽 cryptocurrency and this purpose also gemini is聽聽
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also regulated licensed and audited so this means聽 that this is a very safe platform for you to start聽聽
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buying cryptocurrencies the next main reason聽 why i love to use gemini is because of their聽聽
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deposit and withdrawal fee schedule so we can聽 see that for depositing cryptocurrencies or聽聽
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doing wire transfer into gemini the cost聽 of it is free this means that when you聽聽
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deposit in your singapore dollars or us dollars聽 into germany the fees is free and also once you聽聽
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buy your cryptocurrencies in germany you will wish聽 to withdraw it out to maybe other crypto platforms聽聽
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so when you buy cryptocurrencies in germany and聽 you may wish to transfer your cryptocurrencies聽聽
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from germanized to other so we can see that聽 for the withdrawal is in germany if you have聽聽
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less than 10 withdrawal per calendar month聽 the cost of the cryptocurrencies are all free聽聽
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this means that when you transfer out聽 your cryptocurrency from gemini to other聽聽
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crypto platforms you will get exactly what聽 amount you have in germany and this is all being聽聽
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transferred to your other crypto platform this is聽 really very useful as we know that the gas fee for聽聽
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transferring some of the cryptocurrencies to other聽 crypto platforms can be quite high so for example聽聽
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bitcoin or euterium when you try to transfer or聽 withdraw from platform to platform the fees incur聽聽
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are quite high so this is really very attractive聽 if you have less than 10 withdrawal per month for聽聽
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withdrawing cryptocurrencies in germany so just to聽 avoid having more than 10 withdrawal in german is聽聽
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once you have more than 10 withdrawal per month聽 withdrawing in germany you will start to incur聽聽
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costs for your cryptocurrencies so just take聽 note of that now i will show you how you can聽聽
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get 10 dollars free of bitcoin when you sign up聽 a gemini account so if you use my referral link聽聽
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in the description box below and when you click聽 on it you will be brought to this web page so聽聽
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you can see that you can receive 10 of bitcoin聽 after you buy or sell hundred dollars worth of聽聽
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cryptocurrencies in germany so the best way聽 to actually get this 10 free bitcoin would聽聽
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be to purchase at least 100 worth of bitcoin in聽 germany so when you're here just click on register聽聽
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and when you reach this page just fill in聽 your details and here the promo code section聽聽
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do remember to key in the promo code you can聽 use my promo code in the description box below聽聽
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or if it's reflected here you can just leave聽 it here and after this just create your gemini聽聽
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account you can make use of your my info to open聽 up your german account more smoothly so after you聽聽
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have opened your gemini account and when you log聽 into your gemini account the next thing that you聽聽
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will want to do will be to deposit in your fiat聽 which is your singapore dollars or your us dollars聽聽
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into gemini before you can buy cryptos before聽 starting to deposit money into your gemini account聽聽
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you have to add in your bank account details first聽 so you can click on account and go to settings聽聽
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and here click on payment methods once you reach聽 from payment methods click on add payments methods聽聽
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so here you got three options if you wish to聽 deposit in your singapore dollars you will have聽聽
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to click on manual link bank account this will聽 link your bank account to your gemini account聽聽
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so when you click on it click on聽 singapore dollars and click on next聽聽
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it'll just fill up all your details your聽 bank name and your bank account number and聽聽
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click next once you have registered your bank聽 account your bank account will be shown here
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so once your bank account is being shown here聽 next click on transfer and click on deposit into聽聽
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german line and when you reach this page first you聽 have to select the currency you wish to deposit聽聽
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into german nine so here you can select singapore聽 dollars and click on continue and when you reach聽聽
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here gemini will show you the instructions for you聽 to deposit in your singapore dollars into gemini聽聽
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and once your deposit is being successfully聽 deposited into germany you can see your聽聽
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deposit amount here or you can go to your聽 transfer page click on deposit into german 9.聽聽
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and for your assets balance here for example here聽 i have already deposited in 500 singapore dollars聽聽
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it will be reflected here so i can use this聽 500 to buy cryptocurrencies in germany the next聽聽
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thing that we should consider for using a crypto聽 platform is their transaction fee so we can see聽聽
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that in germany if you were to use their mobile聽 application to buy cryptocurrencies the fees聽聽
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that is being charged to you is quite high so for聽 example if you have usd in your gemini account and聽聽
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you are buying less than 10 of cryptocurrencies聽 using gemini the fees incurred will be 99 cents聽聽
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and as your amount is getting higher and higher聽 for example if you purchase 200 or more per order聽聽
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your fees will be 1.49 this is quite high and if聽 you scroll down and see for the singapore dollars聽聽
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if you are buying less than fifteen dollars per聽 order you will be charged by one dollar fifty聽聽
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cents singapore dollars and if you are buying聽 more than two hundred and fifty dollars you聽聽
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will be charged one 1.49 so for the fees here in聽 germany when you are using your mobile application聽聽
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it's quite expensive but there's a way to reduce聽 this fee the way to reduce buying cryptocurrency聽聽
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in germany is to use their active trader schedule聽 i'll show you how so when you activate the active聽聽
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trader fee schedule in your gemini account聽 you will be able to purchase cryptocurrency聽聽
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at just 0.35 percent so this greatly reduced聽 the phase of buying cryptocurrency from 1.49聽聽
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and down to just 0.35 this is really saving a聽 lot of fees when you're buying cryptocurrency聽聽
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in germany i will show you how you can activate聽 this active trader please schedule in your gemini聽聽
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to activate your active trader status in germany聽 first you just have to use your web browser in聽聽
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your gemini because active trader features can聽 only be used in the web browser when you use聽聽
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gemini so do take note of this and when you're聽 in your web browser click on account and click聽聽
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on settings in the account section you will see聽 that the trading interface currently the trading聽聽
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interface is at gemini basic just switch it to聽 active trader and when you click on this your聽聽
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gemini account is now in the active trader status聽 and now when you go back to the gemini exchange聽聽
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you will see the web user interface has聽 changed so you are now at the active trader聽聽
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web interface so now you want to buy聽 bitcoin using the singapore dollars聽聽
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you can just click this arrow down and聽 select bitcoin to singapore dollars聽聽
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and here for the limit order you聽 can set whatever price you wish聽聽
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or you can use the market order and this is how聽 you save fees when using active trader in germany
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so after you have 500 worth of bitcoin in your聽 gemini account and you want to see whether it's聽聽
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the 10 free bitcoin is being credited into聽 your gemini account you can track it here聽聽
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so here just click on account balances in聽 this page let's click on transfer history聽聽
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when you are in the transfer聽 history tab just look out for聽聽
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administrative credit this will show you that聽 the free bitcoins is being credited into your聽聽
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gemini account and this is how you track it聽 so this is how you save on fees on buying聽聽
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cryptocurrencies in germany as well as getting the聽 free 10 worth of bitcoin when you use a referral聽聽
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link for signing up a gemini account so after聽 you have bought the cryptocurrencies in germany聽聽
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i would transfer the cryptocurrencies that i聽 bought in germany to other cryptos platform to聽聽
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earn me high interest so in my coming videos i'll聽 be showing you guys what other crypto platforms聽聽
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that i'm using to generate me higher interest聽 for the cryptocurrencies that i've got especially聽聽
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bitcoins so stay tuned in my other videos to聽 find out and guys i really appreciate that if聽聽
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you could give my video a like and also subscribe聽 to my youtube channel to see more of my videos聽聽
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regarding cryptocurrencies i really appreciate it聽 and with this i'll see you guys in my next video