Best Crypto Exchanges in Singapore
We compared fees, deposit methods, security features, and coin selection across all major exchanges available in Singapore. Updated March 2026.
| Exchange | Trading Fees | SGD Deposit | MAS Licensed | Coins | Rating |
|---|---|---|---|---|---|
| Coinhako | 0.6% - 0.8% | PayNow, FAST | Yes | 40+ | 4.6 |
| Independent Reserve | 0.02% - 0.50% | PayNow, Bank | Yes | 30+ | 4.5 |
| Crypto.com | 0.04% - 0.40% | PayNow, Bank | Yes | 350+ | 4.4 |
| Gemini | 0.20% - 1.49% | Bank Transfer | Yes | 100+ | 4.3 |
| Coinbase | 0.05% - 0.60% | Via USD only | No | 200+ | 4.2 |
| Binance | 0.01% - 0.10% | No SGD deposit | No | 600+ | 4.1 |
Detailed Exchange Reviews
Coinhako
MAS LicensedSingapore-born exchange founded in 2014. The most popular local platform with PayNow integration, Singpass verification, and MAS Major Payment Institution license. Perfect for beginners.
Trading Fees
0.6% - 0.8%
Deposit Methods
Pros
- Singapore-based company
- PayNow instant deposit
- Singpass KYC (5 min)
- MAS licensed
Cons
- Higher trading fees
- Limited altcoin selection
- No margin trading
Independent Reserve
MAS LicensedAustralian exchange with a strong Singapore office. Known for competitive fees, OTC desk for large trades, and IRAS-compliant tax reports. Great for serious investors.
Trading Fees
0.02% - 0.50%
Deposit Methods
Pros
- Very low trading fees
- OTC desk for large orders
- IRAS tax reports
- MAS licensed
Cons
- Smaller coin selection (~30)
- UI could be more modern
- No mobile app staking
Crypto.com
MAS LicensedGlobal platform with MAS license. Offers Visa debit card with crypto cashback, earn program with up to 14.5% APY, and 350+ cryptocurrencies. The all-in-one crypto platform.
Trading Fees
0.04% - 0.40%
Deposit Methods
Pros
- 350+ cryptocurrencies
- Visa crypto debit card
- Earn up to 14.5% APY
- DeFi wallet integrated
Cons
- Complex fee tiers
- Card requires CRO staking
- Withdrawal fees can be high
Gemini
MAS LicensedUS-based exchange founded by the Winklevoss twins. Known for strong security, insurance on custodial holdings, and regulatory compliance. SOC 2 Type 2 certified.
Trading Fees
0.20% - 1.49%
Deposit Methods
Pros
- Insurance on holdings
- SOC 2 certified security
- Gemini Earn program
- Clean mobile app
Cons
- Higher fees for small trades
- Limited SGD direct deposit
- Fewer altcoins (~100)
Coinbase
World's largest publicly traded crypto exchange (NASDAQ: COIN). Beginner-friendly interface, extensive educational content, and support for 200+ cryptocurrencies.
Trading Fees
0.05% - 0.60%
Deposit Methods
Pros
- Most user-friendly interface
- 200+ cryptos
- Coinbase Earn rewards
- Publicly traded (NASDAQ)
Cons
- No direct SGD deposits
- Must convert via USD
- Higher fees on simple trades
Binance
World's largest crypto exchange by volume. Offers the widest selection of coins (600+), advanced trading tools, futures, and the lowest fees. Note: limited SGD support.
Trading Fees
0.01% - 0.10%
Deposit Methods
Pros
- 600+ cryptocurrencies
- Lowest trading fees globally
- Advanced trading tools
- Binance Earn
Cons
- No direct SGD bank deposit
- Regulatory concerns in some regions
- Complex for beginners
Singapore Payment Methods
PayNow
Singapore's instant payment system. Transfer SGD to your exchange account within seconds using your bank app. Simply scan the exchange's PayNow QR code or use their UEN number.
FAST Transfer
Fast And Secure Transfers -- Singapore's real-time interbank transfer system. Available 24/7 for transfers under S$200,000. Processed within minutes.
Bank Transfer (GIRO / Telegraphic Transfer)
Traditional bank wire transfer. Takes 1-2 business days but suitable for larger amounts. All major Singapore banks supported: DBS, OCBC, UOB, HSBC, Standard Chartered.
Credit / Debit Card
Buy crypto directly with Visa or Mastercard. Instant but comes with a 2-3.5% processing fee. Some Singapore banks may block crypto purchases -- contact your bank first.
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