DBS Vickers Securities (Singapore) Pte. Ltd. is your partner into the world of digital assets. Not just in trading but in building an ecosystem of investors, serviced by a knowledgeable team from research and sales.
Brokerage fees payable is 1% but may be negotiable according to commercial considerations. Please contact us at Detradingsg@dbs.com for more information.
Exchange is a subsidiary of DBS, a leading financial services group listed on the Singapore Exchange
High governance and compliance framework for professional investors
Convenient access4 Crypto / Fiat pairs
Unique members crypto exchange structure plus Market Makers to ensure liquidity
DBS Research Insights on digital assets
The prices of the Digital Payment Tokens are provided by DBS Digital Exchange Pte. Ltd.
DBS Vickers Securities (Singapore) Pte. Ltd. is regulated by Payment Services Act of Singapore
DISCLOSURE REQUIREMENTS
DBS Vickers Securities (Singapore) Pte Ltd (DBSV) holds a Capital Markets Services Licence under the Securities & Futures Act (SFA) which allows dealing in capital markets products including securities, collective investment schemes and exchange-traded derivatives contracts. With effect from 1 October 2021, DBSV is also licensed as a Major Payment Institution under the Payment Services Act (PSA) which allows us to provide additional services including digital payment token services. Please note that you will only be accorded such regulatory protection applicable to the product(s) being traded, depending on whether the product(s) is regulated under the SFA or the PSA.
RISK WARNING ON DIGITAL PAYMENT TOKEN SERVICES
The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a digital payment token (DPT) service provider. Before you:(a) pay your DPT service provider any money or DPT; or (b) pay a third party any money or DPT under an arrangement by your DPT service provider, you should be aware of the following.
1.Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider or any other third party referred to above, if your DPT service provider’s or the third party's business fails.
1A. You should be aware that MAS does not supervise or regulate your DPT service provider for the provision of unregulated services1.This includes any service of trading digital payment token derivatives such as futures.
2.You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
3.You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
4.You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
1 Please refer to Section 2.3.1 of the Guide to the Payment Services Act 2019 (which can be found on the MAS website) for the types of payment services which are regulated under the Payment Services Act. Services which do not fall within the list of services in Section 2.3.1 are unregulated services.
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