DBS enables crypto trading on its digibank

Platform allows wealth clients who are accredited investors to do self-directed trades on DDEx

New: Gift this subscriber-only story to your friends and family

DBS Bank on Friday announced the roll-out of self-directed crypto trading on DBS digibank, enabling the bank's wealth clients who are accredited investors to trade cryptocurrencies on the DBS Digital Exchange (DDEx) at their convenience.

For a start, about 100,000 wealth clients in Singapore will be able to trade four cryptocurrencies - Bitcoin, Bitcoin Cash, Ether and Ripple - on DDEx for a minimum investment sum of US$500 (S$710).

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.

A version of this article appeared in the print edition of The Straits Times on September 24, 2022, with the headline DBS enables crypto trading on its digibank. Subscribe