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”).
How To Start With Sinegy.com
To Start Trading WithSinegy.comExchange 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 SinegyExchange 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.
DEPOSITS & WITHDRAWALS
There are no hidden fees or charges. Zero fee for domestic fiat (MYR) and digital assets (BTC & ETH) deposits.
Domestic fiat (MYR)
Inward Telegraphic Transfer
Bank charges to be borne by sender only.
There’s no fee for deposits of cryptocurrency or domestic fiat.
Withdrawals Fiat (Fees stated are charges set forth by the bank)
0.05%(MINIMUM FEES APPLY)
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.
Dedicated helpdesk to support your enquiries and needs.
Sinegy Exchange Providing your company with enterprise grade reports for digital asset trading and transactions.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ 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.