As of 23rd November 2020, Coinut will start implementing both the stock limit of SGD 5,000 as per the requirements of the MAS' Payment Service License.
You are able to deposit up to S$5,000 per transaction. However, it depends on the leftover balance of your SGD and XSGD. The total balance of SGD and XSGD must not be exceeded S$5,000.
You have a balance of S$1,000 and 500 XSGD, so the total balance of your SGD and XSGD is S$1,500. Hence, you are able to deposit a maximum of S$3,500 only since the total balance must remain within S$5,000.
If you wish to deposit more SGD to your account, you must first use up your SGD and XSGD balances.
Corporate accounts are not subject to stock limits.
(Last updated: )