Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals

The deposits and withdrawals will be facilitated by local bank DBS.

Crypto exchange OKX has launched instant, free-of-charge Singapore dollar deposits and withdrawals for users in the city, facilitated by DBS.

With this, OKX now offers instant, zero-fee SGD deposits and withdrawals via PayNow and FAST, respectively, the crypto exchange said in a statement posted on its website.

OKX holds a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).