View source for FYB-SG

A currency exchange which operates a BTC/SGD market based in Singapore.

==Trading==
===Buying/selling===
You specify the quantity of Bitcoins you wish to buy/sell at a price.&lt;br\&gt;
Once you have submitted a trade, the following chain of events take place : &lt;br\&gt;

1. FYB will try to fill your order with other pending orders at the same or better price than you indicated.&lt;br\&gt; 
In other words if you try to buy 1BTC at $10, Fyb will try to fill your order with the lowest selling price orders up till $10.&lt;br\&gt;
If there are sell orders below $10, you will be filled at a better rate. 

2. If your entire order is filled, execution stops.&lt;br\&gt; If there is a partial fill(ie. only 0.8BTC could be bought at/below $10) then the remaining qty is listed as a pending order(Buy Pending Order 0.2BTC at $10)

==Adding funds==

===BTC===
There are no fees incurred when depositing bitcoins for deposit.&lt;br\&gt;
Deposited coins require 6 confirmations before they are reflected in the account balance.

===SGD===
There are 2 supported methods for SGD Deposits&lt;br\&gt;
====Online Bank Transfer====
A screenshot should always be taken and saved to resolve any potential issues.&lt;br\&gt;

====Anonymous Cash Deposit at any UOB ATM in Singapore====
A unique account code is to be written on the deposit receipt.&lt;br\&gt; 
Depositor is then required to email a picture of the receipt to the exchange within 48hrs.

==Withdrawing funds==

===BTC===
Bitcoins may be withdrawn for 0.0005BTC(Bitcoin Network fee). 

===SGD===
There is no fee to withdraw SGD to a Singapore Bank account. 

==Fees==
A fee of 0.6% is charged in the longed currency of any executed trade.

==History==
The exchange was launched on 3rd January 2013 to coincide with Bitcoin's 4th anniversary.

==See Also==
* [[Buying bitcoins]]
* [[Selling bitcoins]]

==External Links==
* [https://www.fybsg.com FYB-SG] web site

==Source==

[http://bitcoin.it/ http://bitcoin.it/]
[[Category:Exchanges]]