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Sinegy.com Exchange Review: Regulated by The Securities Commission Malaysia

Sinegy.com Exchange Review: Regulated by The Securities Commission Malaysia

About Sinegy.com

Launched on 8 April 2020, Sinegy.com Marketplace is a Digital Asset Exchange (“DAX”) based in Penang, Malaysia. SINEGY Marketplace supports MYR fiat deposits and withdrawals along with international wire transfers. Cryptocurrencies are legally prescribed as securities in Malaysia and SINEGY is regulated by the Securities Commission Malaysia as a Recognized Market Operator (“RMO”).

Operating Company 

Exchange NameSinegy.com
Support24/7
LanguageEnglish
Deposit FeeFree
Maker Fee0.25%
Taker Fee0.5%
Official SiteHomepage

How To  Start With Sinegy.com

To Start Trading With Sinegy.com Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Sinegy Exchange Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Sinegy.com.

Fees & Charge

What is a Maker and Taker?

The Maker, who has an order queued on the order book, and the Taker, who takes the order that matches the Maker’s order. The Maker-Taker model establishes a deep pool of liquidity and creates a tighter market spread.

Maker place an order of BUY or SELL queued on the order book. Makers help by providing liquidity, and in doing so on our order book, are rewarded under our rebate system.

Taker take the order that matches the Makers order. Taker remove liquidity in any market, and in doing so on our order book, are required to pay a trading commission.

Trading Fees

Maker (rewarded)Taker (pays)
-0.25%+0.5%

DEPOSITS & WITHDRAWALS

There are no hidden fees or charges.
Zero fee for domestic fiat (MYR) and digital assets (BTC & ETH) deposits.

Deposits

FiatDomestic fiat (MYR)Inward Telegraphic Transfer
MYRFreeBank charges to be borne by sender only.
Cryptocurrencies
CURRENCY/TYPEDEPOSIT FEE
BITCOINFREE
ETHEREUMFREE

There’s no fee for deposits of cryptocurrency or domestic fiat.

Withdrawals
Fiat (Fees stated are charges set forth by the bank)

CURRENCY/TYPEGIRO
MYRRM 0.10

Digital Asset

CURRENCY/TYPENETWORK FEE
BITCOIN0.05%(MINIMUM FEES APPLY)
ETHEREUMDYNAMIC *

SINEGY Regulation

Sinegy Exchange has been granted approval by the Securities Commission Malaysia to operate its Digital Asset Exchange (“DAX”) platform, Marketplace, which allows for trading of Bitcoin and Ether against the Malaysian Ringgit. Existing clients will be able to login and preview a new trading platform, while new clients are able to submit their details for personal and corporate account registrations.

The Securities Commission of Malaysia has published its latest guideline on Digital Asset offerings – which is now known as Initial Exchange Offering (IEO) in line with its progressive approach towards innovating the capital markets and supporting early stage ventures.

Why Choose Sinegy.com

Trading Fee Rebate

Rewarding liquidity providers with 0.25% Trade Rebate for all executed Maker orders.

Cloud storage Security

Sinegy.com safeguard majority of your digital assets with on a cold-storage to provide enhanced protection.

Live Support

Dedicated helpdesk to support your enquiries and needs.

Corporate Account

Sinegy Exchange Providing your company with enterprise grade reports for digital asset trading and transactions.

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website. So Please take care of your investments. and be in the safety site and avoid much losing online.

One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People