With recent regulatory actions affecting Binance.com, Singaporeans are actively seeking reliable alternatives for cryptocurrency trading. Choosing a secure, feature-rich platform is now more critical than ever.
After thorough research, we’ve shortlisted the top crypto exchanges in Singapore based on:
- Safety & security
- Cryptocurrency variety
- Trading fees
- Deposit/withdrawal ease
- Customer support
- User experience
1. Crypto.com – Best Overall
Founded in 2016, Crypto.com aims to democratize finance through cryptocurrency adoption. It offers a full ecosystem for spending, saving, and trading crypto, with a local Singapore office.
Key Features
- Security: ISO/IEC 27001:2013 certified, 100% cold storage via Ledger, and $360M insurance.
- Tokens: 80+ cryptocurrencies, including Bitcoin, Ethereum, and Cardano.
- Fees: 0.4% trading fee, SGD deposits via Xfers.
- Promotion: $25 bonus for new users.
2. Gemini – Secure & User-Friendly
Founded by the Winklevoss twins, Gemini combines robust security with a seamless interface.
Key Features
- Security: SOC 1 & 2 certified, MAS license pending.
- Tokens: 40+ cryptocurrencies.
- Fees: 0.25% for ActiveTrader users.
- Promotion: $10 BTC on sign-up.
3. Binance.sg – Local Compliance
Note: Separate from Binance.com. Led by ex-MAS executive Richard Teng.
Key Features
- Security: Past hacks reimbursed.
- Tokens: 8 major cryptos.
- Fees: 0.6%. No mobile app.
4. Coinhako – Homegrown Platform
Established in 2014, Coinhako serves Singapore and Vietnam.
Key Features
- Tokens: 40+ cryptos (varying support levels).
- Fees: 1.0% transaction fee.
- Tools: Full historical price charts.
5. Coinbase – US-Based Leader
The largest U.S. exchange, but limited SGD support.
Key Features
- Security: Crime-insured, NYSE-listed.
- Tokens: 30+ cryptos.
- Drawback: High card-processing fees.
FAQ
Q: Which exchange has the lowest fees?
A: Crypto.com (0.4%) and Gemini (0.25% for ActiveTrader).
Q: Is Binance.sg safe?
A: Yes, but it lacks features like limit orders.
Q: Can I deposit SGD easily?
A: Crypto.com, Gemini, and Coinhako support Xfers for SGD.
Conclusion
Top Picks:
- Crypto.com – Best overall.
- Gemini – Best for security.
- Coinhako – Best for price history.
For promotions, check Crypto.com’s $25 offer. Always prioritize security and regulatory compliance when choosing an exchange.