Binance Singapore Launches But Offers Just One Trading Pair, Report

Users of Binance’s new Singapore platform are reportedly only able to purchase bitcoin using Singapore dollars during the “soft launch.” Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features.Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning far fewer trading pairs are available for consumers compared with the company’s main exchange.The Binance Singapore website suggests that the service is being offered in conjunction with Xfers, a local payment service that claims to offer a crypto wallet approved by Singaporean regulators.…