Best Crypto Exchange in Singapore

Binance (via Binance.sg / P2P)

  • MAS Licence: No, but popular via P2P
  • Pros:
  • Very low fees
  • Wide selection of coins
  • High liquidity
  • Cons: No official support in SG; may require workarounds (e.g., P2P or third-party payment)

Crypto.com

  • MAS Licence: Yes (Major Payment Institution license)
  • Pros:
  • Local support and SGD deposits
  • Visa crypto card available
  • User-friendly app
  • Cons: Slightly higher trading fees on lower tiers

Coinbase Singapore

  • MAS Licence: Yes
  • Pros:
  • Trusted U.S.-based exchange with strong security
  • SGD support and local bank transfers
  • Cons: Higher fees compared to some other platforms

Independent Reserve

  • MAS Licence: Yes (First exchange to receive approval in SG)
  • Pros:
  • Regulated and secure
  • SGD fiat support
  • Institutional-grade features
  • Cons: UI not as polished for casual users

Gemini

  • MAS Licence: Yes
  • Pros:
  • Secure and compliant
  • Gemini Earn for passive income
  • Cons: Fewer altcoins compared to Binance or Crypto.com