Cryptocurrency Q&A What is a coin deposit machine in Singapore?

What is a coin deposit machine in Singapore?

Maria Maria Mon Feb 17 2025 | 6 answers 1078
I'm curious about the coin deposit machines in Singapore. What are they exactly and how do they work? I've heard of them but would like to know more about their functionality and purpose in the country. What is a coin deposit machine in Singapore?

6 answers

RainbowlitDelight RainbowlitDelight Wed Feb 19 2025
Coin deposit machines provide a convenient way to handle large volumes of coins.

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DongdaemunTrendsetting DongdaemunTrendsetting Tue Feb 18 2025
BTCC, a leading cryptocurrency exchange, offers a range of services beyond traditional banking transactions.

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ethan_thompson_journalist ethan_thompson_journalist Tue Feb 18 2025
These machines, also known as over-the-counter transactions, enable users to submit all their coins at once.

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KDramaLegendaryStarlight KDramaLegendaryStarlight Tue Feb 18 2025
The process of counting and depositing coins through these machines is hassle-free.

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Alessandra Alessandra Tue Feb 18 2025
Despite the convenience, many banks in Singapore impose a fee for using coin deposit machines.

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