Bitcoin exchange Bitpondex announced a partnership with financial services company Standard Chartered. The partnership will allow the platform’s Singapore-based customers to make fiat deposits through local banks.
Bitpondex also announced the integration of its Singpass e-ID system. The latter allows Singapore citizens to interact with government agencies and banks.
“This means you can easily cash out money from your Bitpondex account via bank transfers, providing greater flexibility and control over your assets, ” the company said in a statement.
The Bitpondex initiative follows the framework of international expansion.
Bitpondex recalled its education programme.
“We understand that investing in the crypto-economy can be challenging, so we created Bitpondex Learning. It is a comprehensive directory of resources designed to educate customers and provide tips for navigating the market safely, ” the company stressed.