To start trading, you will need to open a brokerage account. There are 2 types of accounts, and you will need one of each. The first is a “Fiat exchange” brokerage account, which allows you to change your money (SGD, USD) into the major coins like Bitcoin & Ethereum. If you only plan to hold these coins, then you will not need a “Coin Exchange” brokerage account. To transfer your SGD to Coinhako, you need to go through xfers, as Coinhako does not have a SGD bank account. If you want to buy other coins, also known as Alt Coins, you will need to open a “Coin Exchange” brokerage account. This will allow you to exchange your major coins into Alt Coins, eg. Ripple, Monero, Litecoin, etc. Do note that you cannot fund these “Coin Exchange” brokerage accounts directly with cash, hence the need for “Fiat Exchange”. To make withdrawals, you will need to sequentially reverse the process.