8 Best Crypto Exchanges in Singapore for 2026: Fully Regulated

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We compared the best crypto exchanges in Singapore, based on selection, funding options, ease of use, and other key factors. Crypto.com emerged as our top pick, as a Singapore-based and fully licensed exchange with a vast selection of coins and excellent trading features.

Singapore’s crypto market runs on one of the world’s strongest regulatory frameworks. The Monetary Authority of Singapore oversees all exchanges under the Payment Services Act, ensuring strong consumer protection and compliance regulations. These strict rules promote safety but also limit the number of exchanges legally allowed to operate locally.

Our team tested over 15 crypto exchanges and trading platforms available to Singapore users. We focused on licensing status, SGD deposit options, trading fees, supported coins, user experience, and overall security.

The exchanges below represent the best choices for crypto investors seeking trusted, MAS-approved platforms in 2026.

List of Approved Crypto Exchanges in Singapore


The following exchanges service the Singapore market and are comprised of licensed exchanges, platforms operating under In-Principle Approval (IPA), or unregulated (decentralized) markets.

Exchange Supported Coins Spot Maker/Taker Fees SGD Deposits Singapore License
Crypto.com 420+ 0.4% / 0.4% FAST Bank Transfer Major Payment Institution (MPI)
Coinhako 130+ 0.5%/ 0.6% PayNow, FAST Major Payment Institution (MPI)
OKX 350+ 0.1%/ 0.1% PayNow, FAST In-Principle Approval (IPA) for MPI
Best Wallet 1,000+ Variable Card, Google/Apple Pay Not Regulated
Independent Reserve 35+ 0.5% / 0.5% PayNow, FAST Major Payment Institution (MPI)
Upbit 290+ 0.25% PayNow, FAST Major Payment Institution (MPI)
Coinbase 340+ 0.4%/ 0.6% FAST, SWIFT, Debit Card Major Payment Institution (MPI)
Gemini 70+ 0.2%/ 0.4% FAST, ACH, Wire Transfer In-Principle Approval (IPA) for MPI

8 Best Crypto Exchanges in Singapore: Full Reviews


After comparing the top platforms available to Singapore users, we focused the list to eight exchanges that stand out the most for safety, usability, and value. Each of the exchanges listed below supports SGD-based trading, though each has its own strengths. Let’s review the best crypto exchanges in Singapore in more detail.

1. Crypto.com: Overall Best Singapore Crypto Exchange in 2026

  • Supported Coins: 350+
  • Maker/Taker Fees: 0.4% / 0.4% (base)
  • Payment Methods: FAST bank transfer, credit/debit card purchases
  • Regulatory Status: Major Payment Institution (MPI), licensed by MAS (June 2023)

Crypto.com, already well-established in the US and other major markets, is one of the select global exchanges licensed by MAS to offer digital payment tokens in Singapore. The mobile-first platform provides a beginner-friendly interface, complemented by an advanced trading platform for experienced traders.

crypto.com homepage

Other services include staking and the popular Crypto.com VISA card, which offers cashback for purchases.

Fees compare well with most other crypto exchanges in Singapore, landing about mid-pack. However, the platform shines brightest in its selection of cryptocurrencies (over 400) and its security features. As of late 2025, derivatives and leveraged trading remain unavailable under the Singapore-licensed entity.

Crypto.com Key Takeaways

  • Crypto.com is licensed by MAS as a Major Payment Institution.
  • The platform supports SGD deposits and withdrawals through FAST transfers.
  • Crypto.com’s all-in-one ecosystem integrates trading, staking, and card rewards within a single app.
Learn more
Pros:
  • Fully licensed by MAS
  • Competitive fees for advanced spot trading
  • 400+ supported coins
Cons:
  • Derivatives not available in Singapore
  • Higher spreads on the main app
  • Customer support can be slow during peak periods

2. Coinhako: Best for Beginners and SGD on-Ramps

  • Supported Coins: 130+
  • Maker/Taker Fees: 0.5% / 0.6%
  • Payment Methods: PayNow, FAST bank transfer, credit/debit card
  • Regulatory Status: Major Payment Institution (MPI), licensed by MAS (May 2022)

Founded in Singapore in 2014, Coinhako is one of the country’s first crypto exchanges and remains a top choice for local traders. The platform provides an intuitive interface and robust compliance with MAS requirements. Direct SGD deposits and withdrawals through PayNow and FAST, combined with its simple design, make Coinhako ideal for new traders entering the market.

coinhako homepage

The exchange supports more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Solana. It offers instant buy and sell options and beginner-friendly tools, such as Recurring Buys for automatic dollar-cost averaging (DCA).

Coinhako also offers a wider selection than many leading crypto exchanges in Singapore, making it a popular destination for altcoin traders.

Coinhako Key Takeaways

  • Coinhako is one of Singapore’s oldest and most trusted crypto exchanges, licensed by MAS as a Major Payment Institution.
  • It supports instant SGD deposits and withdrawals through PayNow and FAST.
  • The platform offers a simple interface and automated DCA tools tailored to retail investors.
Pros:
  • Fully licensed and Singapore-based
  • Simple interface and easy SGD on-ramps
  • Supports 130+ cryptocurrencies and DCA
Cons:
  • Higher fees than some global competitors
  • Limited advanced trading features
  • Occasional delays in verification during high demand

3. OKX: Best for Global Traders and Low Fees

  • Supported Coins: 350+
  • Maker/Taker Fees: 0.1% / 0.1%
  • Payment Methods: PayNow, FAST bank transfer, P2P marketplace, credit/debit card
  • Regulatory Status: In-Principle Approval (IPA) for Major Payment Institution (MPI)

OKX is one of the world’s largest crypto exchanges by trading volume and offers a trading experience adapted to Singapore’s safety-focused regulatory environment. The platform operates under an In-Principle Approval (IPA) from MAS, allowing it to serve the Singapore market while awaiting full MPI licensing.

okx download app

OKX offers both beginner-friendly instant-buy options and advanced trading tools for experienced users seeking access to global liquidity.

The exchange lists over 100 cryptocurrencies, offering competitive trading fees starting at 0.1%. OKX supports PayNow and FAST for SGD transactions, with additional payment options available through its active peer-to-peer (P2P) marketplace.

OKX Key Takeaways

  • OKX operates under MAS In-Principle Approval and offers a robust global platform.
  • The OKX exchange offers some of the lowest spot trading fees among major exchanges available to Singapore users.
  • OKX’s 100+ spot markets benefit from deep global liquidity and active P2P trading.
Learn more
Pros:
  • Low trading fees (0.1%)
  • 100+ supported cryptocurrencies
  • P2P marketplace with additional SGD payment options
Cons:
  • Still-growing coin selection
  • Operates under IPA, no full license yet
  • May overwhelm beginners with advanced tools
Visit OKX

4. Best Wallet: Best for Self-Custody Swaps and Cross-Chain Trading

  • Supported Coins: 1,000+ (through DEX and cross-chain integrations)
  • Maker/Taker Fees: Variable, depending on liquidity source
  • Payment Methods: Credit/debit card, Apple Pay, Google Pay
  • Regulatory Status: Not regulated in Singapore (non-custodial wallet application)

A bit different from the other entries on this list, Best Wallet is a non-custodial crypto wallet that also brings in trading features and swaps directly within the app. Users can buy, sell, and swap digital or virtual currencies using decentralized liquidity sources and cross-chain bridges, meaning there are no middlemen, and you are always in charge of your own crypto.

best wallet homepage

As Best Wallet is self-custody, users hold their own funds, and as such, the wallet is not regulated by the Monetary Authority of Singapore (MAS). It’s easy to use, with a mobile app for Android and iOS, meaning you can carry all your own crypto in your pocket.

The wallet supports more than 1,000 assets across more than 60 blockchains, including the dominant chains such as Bitcoin, Ethereum, BNB Smart Chain, and Polygon. You can purchase crypto with a wide range of payment methods, with the orders filled by integrated third-party providers. While Best Wallet already supports DEX trades and cross-chain swaps, planned future improvements include advanced trading and on-chain derivatives.

Best Wallet Key Takeaways

  • Best Wallet is a self-custody crypto wallet with integrated DEX and cross-chain swap functions.
  • The app supports 1,000+ tokens, with popular payment options for quick on-ramps.
  • Best Wallet combines a newbie-friendly interface with powerful options for advanced users.
Learn more
Pros:
  • Supports 1,000+ tokens and cross-chain trading
  • Non-custodial wallet with full user control
  • Integrated DEX and fiat on-ramp tools
Cons:
  • Not MAS-regulated in Singapore
  • User must safeguard private keys
  • Swap fees and rates vary by provider
Visit Best Wallet

5. Independent Reserve: Best for Accredited Investors

  • Supported Coins: 35+
  • Maker/Taker Fees: 0.5% / 0.5% (tiered discounts available)
  • Payment Methods: PayNow, FAST bank transfer
  • Regulatory Status: Major Payment Institution (MPI), licensed by MAS (October 2021)

Founded in Australia in 2013, Independent Reserve expanded to Singapore in 2019 and secured a full Major Payment Institution license from MAS in 2021. It is one of Singapore’s longest-operating licensed exchanges, serving both retail and accredited investors.

independent reserve homepage

A focus on institutional trading products, which includes OTC trades and margin trading, makes Independent Reserve very well-suited to accredited investors and large traders.

There are more than 25 leading cryptocurrencies on the exchange, including the most popular coins like Bitcoin, Ethereum, and XRP. While leverage trading is limited to qualified investors, the platform does offer a maximum leverage of 5x on select assets such as BTC, ETH, XRP, and SOL.

Independent Reserve Key Takeaways

  • Independent Reserve is a MAS-licensed exchange recognized for strict compliance and institutional-grade security.
  • The platform supports SGD deposits and withdrawals via PayNow and FAST transfers.
  • Independent Reserve caters best to accredited and professional investors who need OTC and leverage support.
Pros:
  • Fully licensed by MAS
  • Institutional-level compliance and security
  • Offers OTC and leveraged trading for accredited users
Cons:
  • Smaller coin selection (25+)
  • Higher base fees than global platforms
  • Limited features for casual retail traders
Visit Independent Reserve

6. Upbit: Best for Transparency and Safety

  • Supported Coins: 290+
  • Maker/Taker Fees: 0.25% flat
  • Payment Methods: PayNow, FAST bank transfer
  • Regulatory Status: Major Payment Institution (MPI), licensed by MAS (October 2023)

Upbit is a South Korea–based crypto exchange that has expanded globally while maintaining a strong compliance focus in Singapore. Operated locally by Upbit Singapore Pte. Ltd., the platform received a full Major Payment Institution (MPI) license from MAS in October 2023. Its Singapore service prioritizes safety and regulatory clarity, offering a narrow range of approved digital payment tokens.

upbit homepage

Upbit Singapore currently lists six SGD trading pairs: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Kaia (KAIA), and Tether (USDT). The Tether pair acts as a practical proxy for SGD/USD conversions, though without leverage.

The platform is known for transparency in fees and simplicity in use, with a flat 0.25% fee structure across trades. A focus on compliance, strong security certifications, and well-established coins also help make Upbit ideal for traders who prioritize safety and reliability over speculative features.

Upbit Key Takeaways

  • Upbit is fully licensed by MAS as a Major Payment Institution and boasts ISO 27001, ISO 27017, and ISO 27018 security certifications.
  • The platform supports SGD trading pairs for six major assets, with PayNow and FAST funding support.
  • Upbit provides a transparent fee model and a secure, spot-only trading environment.
Pros:
  • Fully licensed by MAS
  • Transparent flat 0.25% fee
  • Reliable SGD deposits and withdrawals
Cons:
  • Limited to six supported assets
  • No derivatives or advanced tools
  • Smaller ecosystem than global platforms

7. Coinbase: Best for Global Trust and Security

  • Supported Coins: 340+
  • Maker/Taker Fees: 0.40% / 0.60% (base tier)
  • Payment Methods: FAST bank transfer, debit/credit card, SWIFT
  • Regulatory Status: Major Payment Institution (MPI), licensed by MAS (October 2023)

Coinbase is the world’s largest publicly traded crypto exchange, with an excellent regulatory track record and transparent operations. While the exchange was founded in the U.S. in 2012, it expanded into Singapore in 2015.

coinbase homepage

Eight years later, in October 2023, Coinbase Singapore gained its full Major Payment Institution (MPI) license from MAS. That let the platform bring many of its popular global features to Singapore, including the no-fee Coinbase One subscription service, which also offers users higher yield opportunities.

The Singapore platform offers access to over 210 cryptocurrencies through both the Coinbase app and the Coinbase Advanced platform. SGD deposits and withdrawals are supported via FAST transfers, as well as debit and credit cards. Coinbase is known for its strong security architecture, which includes insurance on custodial assets and institutional-grade cold storage.

Coinbase Key Takeaways

  • Coinbase Singapore is fully licensed by MAS as a Major Payment Institution.
  • The platform supports 210+ cryptocurrencies with SGD funding via FAST and card payments.
  • Coinbase combines beginner-friendly tools with available advanced trading tools and institution-grade security.
Learn more
Pros:
  • Fully licensed by MAS
  • Excellent security and global reputation
  • Supports SGD deposits and 210+ cryptocurrencies
Cons:
  • Higher trading fees than some competitors
  • Limited advanced trading tools vs. the global version
  • Derivatives are not yet available in Singapore
Visit Coinbase

8. Gemini: Best for Institutional-Grade Security

  • Supported Coins: 70+
  • Maker/Taker Fees: Begins around 0.20% / 0.40%
  • Payment Methods: FAST bank transfer (SGD), debit/credit card
  • Regulatory Status: In-Principle Approval (IPA) for Major Payment Institution (MPI) license from MAS

Founded in 2014 by the Winklevoss twins, Gemini is a U.S.-based crypto exchange that offers trading in leading markets worldwide, including Singapore, when it received an In-Principle Approval (IPA) from MAS on October 29, 2024, leading to its Major Payment Institution license.

gemini homepage

The platform offers an estimated 70+ coins for trading on its Singapore platform. It also supports SGD deposit and withdrawal via FAST, recently simplifying FAST withdrawals to a flat SGD 3 fee. Gemini is also welcoming to new traders with an easy-to-use platform that offers instant buy tools and advanced trading (via ActiveTrader).

The platform is a trusted industry player with a reputation for institutional-grade security and custody.

Gemini Key Takeaways

  • Gemini in Singapore holds an In-Principle Approval from MAS for an MPI license.
  • The Gemini platform supports SGD deposits and access to 70+ supported tokens for spot trading.
  • Early Bitcoin investors founded Gemini, and the exchange remains committed to security while onboarding new investors to crypto.
Learn more
Pros:
  • Strong reputation and institutional-grade security and reputation
  • Regulated Singapore presence and banking support for SGD
  • Transparent fee and withdrawal structure
Cons:
  • Still operating under IPA, not yet full MPI licensed
  • Smaller list of supported tokens compared to global competitors
  • Limited advanced trading features (no derivatives)
Visit Gemini

What is a Cryptocurrency Exchange?


A crypto exchange is a trading platform that allows users to buy and sell cryptocurrencies. Features vary, with many platforms enabling users to purchase digital currency with fiat currency, such as SGD. However, the one common function that crypto exchanges share is the ability to exchange one cryptocurrency for another.

Crypto exchanges use trading pairs to support this, typically centered on a stablecoin pegged to USD. For example, a buyer might use USDT, a leading stablecoin, to buy Bitcoin (BTC) and later exchange BTC for USDT to buy Ethereum (ETH).

Crypto exchanges come in different forms, including centralized exchanges run by a company that provides custodial storage of crypto assets while trading. Decentralized exchanges allow users to buy or sell against token inventory held in liquidity pools. This type of platform enables users to exchange cryptocurrencies using a non-custodial cryptocurrency wallet. Many wallet apps also include this built-in functionality.

We’ll discuss these different types of platforms, along with specific examples, in the next section.

Types of Crypto Exchanges in Singapore


Crypto exchanges for Singapore users generally fall into four categories: centralized exchanges, decentralized exchanges, peer-to-peer (P2P) marketplaces, and wallet-based trading apps. There’s benefits and drawbacks to each one, depending on how you want to trade.

Centralized Exchanges

Centralized exchanges (CEXs) effectively act as intermediaries, with a central management team that controls access to the platform (for instance, following regulations, carrying out KYC checks, and is responsible for the platform’s security).

They also provide custody of user assets, so you do not hold your digital assets yourself. These platforms typically also offer fiat on-ramps for SGD deposits for cash-to-crypto transactions. Centralized exchanges in Singapore include Independent Reserve, Coinhako, Coinbase, and Crypto.com, all of which are MAS-licensed.

Gemini and OKX also operate in Singapore with In-Principle Approval (IPA) status, which allows limited operations while awaiting full MAS licensing.

Decentralized Exchanges

Decentralized exchanges (DEXs) operate without a central intermediary, so trading occurs directly between users through smart contracts – computer programs that run on the blockchain. As decentralized applications, DEXs are not licensed by MAS.

While DEXs offer greater control of assets through non-custodial crypto wallets, it is fair to say they are best suited to users familiar with crypto-wallet best practices.

While not a DEX in itself, the Best Wallet app offers built-in DEX integration, allowing traders to buy, sell, or rebalance directly from their self-custody crypto wallet.

Peer-to-Peer (P2P) Marketplaces

P2P platforms connect buyers and sellers without any middlemen, typically using a rating system and filters for available payment methods. These services often provide on-ramps for areas where an exchange doesn’t offer direct fiat deposits, and are also popular with privacy-conscious traders. As an example, OKX offers a large P2P crypto market.

In-Wallet Trading Apps

Crypto wallets with built-in exchanges integrate swap or trading functions directly into a crypto wallet. For example, Best Wallet provides DEX integration and also supports cross-chain swaps. These services rely on liquidity from external providers, rather than running a full exchange, yet they generally create an easy UI experience. That said, users should compare swap values against live market data to make sure they are getting good value.

Which Crypto Exchanges Are Based in Singapore? (MAS-Licensed)


Below are some of the most popular crypto exchanges based in Singapore that hold, or are seeking, MAS approval:

Exchange Singapore Entity License Status
Independent Reserve Independent Reserve SG Pte. Ltd. Major Payment Institution (MPI)
Coinhako Coinhako Pte. Ltd. Major Payment Institution (MPI)
Crypto.com Foris DAX Asia Pte. Ltd. Major Payment Institution (MPI)
Upbit Upbit Singapore Pte. Ltd. Major Payment Institution (MPI)
OKX OKX SG Pte. Ltd. In-Principle Approval (IPA) for MPI
Gemini Gemini Trust Company (Singapore) Pte. Ltd. In-Principle Approval (IPA) for MPI
Coinbase Coinbase Singapore Pte. Ltd. Major Payment Institution (MPI)

Singapore stands out as one of Asia’s most tightly regulated yet innovation-friendly crypto hubs. The country hosts more fully licensed international exchanges than any other jurisdiction in the region.

Are Crypto Exchanges Legal in Singapore?


Yes, crypto exchanges are legal in Singapore. However, they must be licensed if they perform digital payment token (DPT) or fiat-related services. Singapore also imposes more restrictive rules on derivatives (investment contracts based on an underlying asset) and on leverage trading compared to many jurisdictions elsewhere. In some cases (leverage), trading on centralized crypto exchanges may be limited to accredited investors.

The Monetary Authority of Singapore (MAS) regulates exchanges under the Payment Services Act (PSA). Any company offering to buy, sell, or let you trade crypto (known as “digital payment tokens”) must have a license from MAS or be officially exempt while waiting for approval.

  • Major Payment Institution (MPI): Approved
  • In-Principle Approval (IPA) for MPI: Operational, awaiting approval

Notably, IPA status does not guarantee final approval.

These restrictions limit the number of exchanges that can operate legally in Singapore. MAS regulation also entails Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. This set of rules centers on identity verification and reduces the risk of fraud or illicit activity on crypto exchanges.

Promotions for crypto trading are also restricted, with ads banned in public spaces within Singapore.

How Are Crypto Exchanges in Singapore Regulated?


Crypto exchanges in Singapore are regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 (PSA). The framework classifies crypto trading as a Digital Payment Token (DPT) service, and any platform that lets users buy, sell, or trade cryptocurrencies must hold a MAS license. Notably, In-Principle Approval (IPA) applicants may operate at MAS’s discretion while awaiting final approval.

MAS’s rules are designed to protect users and prevent illicit activity. In 2023, MAS introduced stricter requirements for licensed providers to keep client assets separate from company funds and to limit the use of customer holdings for lending or staking purposes.

How to Choose a Singapore Crypto Exchange


Choosing a cryptocurrency exchange in Singapore involves a balance between convenience, safety, and compliance. While many global platforms accept users from Singapore, not all are locally regulated, and not all offer support for SGD deposits and withdrawals. So before you set up an account, take into account these factors:

Verify Regulatory Status

Check if the exchange is licensed or exempted (operating under a provisional arrangement) by the Monetary Authority of Singapore.

However, traders should be aware that MAS won’t license decentralized platforms and crypto apps that integrate swaps or trading. In these use cases, users must independently assess the app’s safety.

Check SGD Deposit Availability

If you plan to use Singapore dollars, confirm that the exchange supports SGD deposits and withdrawals through local payment networks such as PayNow or FAST bank transfers.

Some international exchanges only allow crypto deposits, which can make funding and withdrawals more expensive.

Assess Security Measures

Check for safety features such as two-factor authentication (2FA), cold wallet storage, independent security audits, and whether there is insurance coverage for stored assets.

You can also search for the platform you’re considering, along with keywords like “breach,” to find additional information on security incidents and how the platform responded.

Evaluate the Available Trading Tools

Advanced traders may want charting tools, API access, or access to futures markets, while beginners often prefer a straightforward interface with basic “instant buy” capabilities.

Compare Trading Fees

Transaction fees can significantly reduce your trading gains. Review maker-taker fees as a first step, but also look at spreads (markups on instant-buy tools) and withdrawal costs.

In our search for the best crypto exchange in Singapore, we found trading fees ranging from 0.1% to 0.5% and higher, which can potentially increase trading costs more than fivefold.

Additionally, be aware that many cryptocurrency exchanges in Singapore employ a tiered fee structure, allowing for lower fees for higher trading volumes.

How to Use a Crypto Exchange in Singapore: Step-by-Step Guide


We selected Crypto.com for our walkthrough.

Step 1: Download and Create a Crypto.com Account

Visit Crypto.com to create an account. Select “Sign Up,” then choose “Individual” if you’re a retail user. Download the official mobile app from the App Store (iOS) or Google Play (Android).

signup crypto.com

Crypto.com will send a verification email. Follow the email link to confirm your account registration. Verify your mobile number with a one-time password (OTP) sent via SMS.

We’ll switch to the mobile app for the remainder of the setup process.

Step 2: Complete KYC Verification

Crypto.com is regulated by the Monetary Authority of Singapore as a Major Payment Institution. Users must complete Know Your Customer verification before trading or making deposits.

Tap Verify Your Identity in the app. You’ll need to provide:

  • Personal details: Full legal name, date of birth, and address.
  • Photo ID: A Singapore NRIC, passport, or driver’s license.
  • Selfie verification: The app will prompt you to take a live selfie to confirm your identity.

Verification typically completes within a few minutes; however, during high-volume periods, it may take longer. Once approved, your account will display “Verified” and you’ll be able to deposit SGD.

Step 3: Deposit SGD to Your Account

Crypto.com supports Singapore dollar (SGD) deposits through FAST bank transfers.

  1. In the Crypto.com App, go to Menu › Cash › Open, then select Singapore Dollar (SGD).
  2. Follow the on-screen prompts to link your personal bank account. You’ll need to provide your bank name, account number, and ensure the account is registered in your own name.
  3. Once approved, return to the Cash screen and tap Deposit › SGD › FAST Transfer. You’ll see your unique deposit details under the Foris DAX Asia Pte. Ltd. entity (Crypto.com’s MAS-licensed operator in Singapore).
  4. From your banking app, make a FAST transfer to the account information shown in the app.

set up crypto account

Deposits are typically processed within minutes during banking hours and appear automatically in your SGD balance. There are no deposit fees for FAST transfers.

Step 4: Choose a Cryptocurrency

Once your account is funded, tap Trade > Buy and select the cryptocurrency you wish to purchase. For example, search for Bitcoin (BTC).

crypto app

Crypto.com lists more than 400+ digital assets, including popular coins such as Ethereum (ETH), Solana (SOL), and XRP. Prices are displayed in SGD, making it easy to see exactly how much you’re spending.

Step 5: Buy Crypto

On the coin’s page, tap TRADE BTC (or your chosen token). Enter the SGD amount you want to spend, then select your preferred payment method: Fiat Wallet (for SGD funds) or Credit/Debit Card.

buy sell crypto

Review the order summary and tap Confirm to complete your purchase. Your new crypto will appear instantly in your Crypto Wallet section of the app.

Conclusion: What is the Best Crypto Exchange in Singapore?


Singapore’s crypto exchanges operate under strict oversight from MAS, giving users confidence in security and compliance. Still, traders often face challenges balancing convenience, platform fees, and SGD support.

Often, choosing from the top crypto exchanges in Singapore comes down to your individual trading goals. Best Wallet offers self-custody and access to over 1,000 assets, but lacks regulatory oversight in Singapore. Similarly, Independent Reserve provides tools for accredited investors but offers only a limited selection of coins.

After comparing top options and weighing the needs of average traders, Crypto.com emerges as the best overall cryptocurrency exchange in Singapore. The platform is based in the country and offers MAS licensing, FAST deposits, and an excellent selection of the most popular cryptocurrencies.

FAQs


Is crypto taxable in Singapore?

Which crypto exchanges in Singapore have MAS approval?

How to cash out Crypto in Singapore?

Is coinbase available in Singapore?

References

  1. Gemini Receives In-Principle Approval from MAS for Major Payment Institution License (gemini.com)
  2. Updating Our SGD Withdrawal Fees for Singapore Customers to a Flat Fee Model (gemini.com)
  3. Anti-Money Laundering (mas.gov.sg)
  4. MAS Issues Guidelines to Discourage Cryptocurrency Trading by General Public (mas.gov.sg)
  5. Payment Services Act 2019 (mas.gov.sg)
  6. Financial Institutions Directory (mas.gov.sg)

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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