Best Crypto Exchanges in Singapore for July 2025

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Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
Kraken - Best for trading crypto-fiat pairs (supports 7 fiat currencies, simple trading platform)
WhiteBIT - Advanced additional services (launchpad, CS:GO marketplace, crypto card)
Yobit - Best for anonymous trades (clear flat fees and no KYC requirements)
Zoomex - Cryptocurrency exchange offering spot and derivatives trading with competitive fees

At Traders Union, we evaluate cryptocurrency exchanges in Singapore to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.

To recommend the top exchanges for Singapore, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.

Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in Singapore

Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.

Comparison of leading crypto trading platforms in Singapore

We compared crypto exchanges based on key factors:

Acceptance of residents from Singapore
Minimum deposit
Range of supported cryptocurrencies
Spot maker fee rates

This analysis highlights the top exchanges in Singapore, ensuring they meet the needs of both novice and experienced traders.

	Binance
Accepts residents of Singapore	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Minimum deposit, USD	No	10 10 30 10	10 10 30 10
Coins Supported	415	278 276 196 30	278 276 196 30
Spot maker fee	0,1	0,25 0,1 0,2 0,1	0,25 0,1 0,2 0,1
Study review	Study review	Study review Study review Study review Study review	Study review Study review Study review Study review

We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in Singapore, providing overall ratings based on our proprietary, data-driven methodology.

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TU Overall Score 8.7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	8.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

low commissions due to liquidity and trading volumes.
high platform performance;
proprietary BNB Coin which allows Binance to reduce the commission size;
a proprietary cold wallet guarantees the security of your crypto assets by storing them.

complex verification procedure;
the exchange is not licensed by a regulator;
The platform can go offline without warning;
there are complaints about the technical functionality of the platform;
there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).

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TU Overall Score 8.5 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.7 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	6.2 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

convenient, intuitive terminal with one-click trading;
all major cryptocurrencies, as well as seven fiats;
margin trading, as well as futures and indices trading ;
large leverage (x5 for margin, x50 for futures trading);
an extensive database of information and training materials;
large trading volumes on the exchange provide high liquidity;
some of the lowest fees in the cryptocurrency market.

no investment programs;
no call center.

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TU Overall Score 8.5 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	5.2 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	10 /10

Bitcoin, dozens of altcoins and tokens, 10 fiat currencies, including the USD and the EUR;
large trading volumes, high liquidity, multilevel security system;
basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account;
most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers;
a simple and profitable system for investing in blockchain projects of crypto exchange affiliates;
the commission does not change - 0.1% of the trade amount, and no additional fees or charges;
FAQs on the basics of crypto trading, a demo token for education and training.

communication with the exchange only through the website and email;
there is no advanced training, except for Crypto Lending.

Available in Singapore

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TU Overall Score 8.4 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6.6 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	5.8 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	5.3 /10

large selection of cryptocurrencies, there are pairs with fiat;
simple and convenient interface of the trading terminal;
their service coin, which can be obtained for free;
well-thought-out investment system;
profitable affiliate program;
single commission for all trading operations;
trading without KYC, which provides complete anonymity.

there is no mobile trading;
only USD and RUB among fiats;
there are no training programs and guides.

Available in Singapore

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TU Overall Score 8.4 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.3 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	7.8 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	5.3 /10

High liquidity and average daily trading volume of $200 million according to CoinMarketCap;
No KYC (Know Your Client) procedure;
24/7 technical support;
Trading underlying assets and derivatives is available;
Client funds are held in cold wallets with multi-level authorization;
Bonuses for new and existing clients, as well as trading competitions with prizes and fee discounts;
Built-in copy trading service to automate the trading process.

The choice of instruments for spot trading is not as diverse as with other exchanges;
Limited choice of technical indicators in the mobile app as compared to the web platform;
Only trades with futures can be copied, while the spot market is only available for active trading.

We at Traders Union have over 14 years of experience in financial markets, evaluating cryptocurrency exchanges based on 140+ measurable criteria. Our team of 50 experts regularly updates a Watch List of 200+ exchanges, providing traders with verified, data-driven insights. We evaluate exchanges on security, reliability, commissions, and trading conditions, empowering users to make informed decisions. Before choosing a platform, we encourage users to verify its legitimacy through official licenses, review user feedback, and ensure robust security features (e.g., HTTPS, 2FA). Always perform independent research and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

What are the cheapest crypto exchanges in Singapore

To determine the cheapest cryptocurrency exchanges in Singapore, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.

Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in Singapore.

Trading fees:

We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in Singapore offer significant discounts for traders as their trading volume increases.

	Binance		Market average Based on comparing fees across more than 200 cryptocurrency exchanges.
Spot maker fee, %	0,1	0,25 0,1 0,2 0,1	0.194
Spot taker fee, %	0,1	0,4 0,1 0,2 0,1	0.157
Futures maker fee, %	0,02	0,02 0,02 Not supported 0,02	0.024
Futures taker fee, %	0,05	0,05 0,05 Not supported 0,06	0.053

Deposit and withdrawal fees and payment options

We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in Singapore.

	Binance
Deposit fee	No	No No No No	No No No No
Withdrawal fee	0-3,5%	0,0005 BTC 0,0004 BTC 0,00367 ETH 0,0005 BTC 0,0005 BTC	0,0005 BTC 0,0004 BTC 0,00367 ETH 0,0005 BTC 0,0005 BTC
Bank Wire	Yes	Yes No Yes Yes	Yes No Yes Yes
Bank cards	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Payment services	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
P2P	Yes	No Yes No No	No Yes No No

What are the safest exchanges in Singapore

The safety of exchanges in Singapore was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.

	Binance
Tier-1 regulation	Yes	Yes Yes No No	Yes Yes No No
Government-regulated	Yes	Yes Yes No No	Yes Yes No No
2FA	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Cold wallet storage	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Investor protection fund	Yes	No Yes Yes No	No Yes Yes No

Is crypto market regulated and taxable in Singapore

Crypto regulation in Singapore

Singapore has established a comprehensive regulatory framework for cryptocurrencies, primarily governed by the Monetary Authority of Singapore (MAS). The Payment Services Act (PSA) mandates that Digital Payment Token (DPT) service providers obtain the necessary licenses and adhere to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. This includes implementing robust compliance programs, maintaining detailed records, and reporting suspicious activities. As of January 2025, there are no specific restrictions on leverage or requirements to operate exclusively with local exchanges. However, the MAS has issued guidelines to limit the marketing and advertising of cryptocurrency services in public areas to mitigate consumer risks. Currently, Singapore does not offer deposit insurance schemes for cryptocurrency holdings.

Taxation of cryptocurrencies in Singapore

In Singapore, the tax treatment of cryptocurrencies depends on the nature of the transactions. For individuals, there is no capital gains tax, so profits from the sale of cryptocurrencies are generally not taxable. However, if an individual is engaged in trading cryptocurrencies as a business, the profits are considered taxable income and subject to income tax rates ranging from 0% to 22%, depending on the total income. For businesses, income derived from cryptocurrency transactions is subject to the standard corporate tax rate of 17%. Additionally, the Goods and Services Tax (GST) at a rate of 8% applies to transactions involving cryptocurrencies that are not officially designated as DPTs. It's essential for both individuals and businesses to maintain accurate records of all cryptocurrency transactions to ensure compliance with the Inland Revenue Authority of Singapore's (IRAS) guidelines.

Important!

The information on cryptocurrency taxation in Singapore is provided for informational purposes only. Be sure to consult a professional for accurate guidance.

Which exchanges are best suited for professional traders in Singapore?

We have compared exchanges based on key factors important for professional traders, including API integration, large trading volume, futures trading, advanced order types, and support for proprietary bots. Based on our analysis, here are the top exchanges that offer these advanced trading features:

	Binance	Kraken	WhiteBIT
API integration	Yes	Yes	Yes
Large trading volume	Yes	Yes	Yes
Futures trading	Yes	Yes	Yes
Advanced order types	Yes	Yes	Yes
Proprietary bots	Yes	Yes	Yes

What are the best crypto exchanges for beginners in Singapore?

The best crypto exchanges for beginners in Singapore offer:

High education scores, providing access to a variety of learning materials for beginners.
P2P trading with a wide range of payment methods and support for the local currency, making it easy to start.
Demo account for risk-free practice before trading real funds.
Passive income options like staking and copy trading to earn without extensive market knowledge.

	Binance	WhiteBIT	Crypto.com
Education	8.23	6.21	8.02
P2P account	Yes	Yes	Yes
Demo account	Yes	Yes	No
Staking	Yes	Yes	Yes
Copy trading	Yes	Yes	No
Beginner friendly app	Yes	Yes	Yes

How choose the best crypto exchange in Singapore?

When choosing a crypto exchange in Singapore, consider these essential factors:

Supported Cryptocurrencies

Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
Local Payment Options

Opt for platforms that support local payment methods in Singapore, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
Transparent Fees

Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
Robust Security

Prioritize exchanges with strong security measures, including two-factor authentication (Singapore), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
Educational Resources

For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
Customer Support

Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.

Expert advice for traders in Singapore

Over the years, I've seen how hidden fees eat into profits. A good exchange should offer transparent trading fees, including low maker/taker rates and minimal withdrawal costs. Some platforms provide fee discounts for high-volume traders or those staking native tokens, which can further reduce expenses. Even small fee differences add up over time, especially for active traders. Before committing to an exchange, always check for deposit fees, inactivity charges, and network withdrawal costs to avoid unexpected losses.

Team that worked on the article

Anton Kharitonov is an active trader and analyst. He employs both short- and long-term trading strategies, primarily based on fundamental factors, supported by technical indicators and intermarket analysis. Anton trades major and minor currency pairs, while his primary focus is on oil futures and index CFDs.

As a financial expert and analyst at Traders Union since 2013, Anton performs thorough internal broker evaluations, referred to as “test drives.” He examines website and account interfaces, client support, software stability, deposit and withdrawal processing speed, legal documentation, and additional broker services such as VPS, affiliate programs, contests, bonuses, and training programs.

New knowledge is the key to expanding our horizons and unlocking new opportunities. Every step in learning, every new understanding empowers us become better, smarter, and stronger. Knowledge provides an advantage, enabling informed decisions, confident actions, and forward momentum. In a changing world, only those who embrace learning and adaptation can truly thrive.

Based on these evaluations, Anton prepares expert reports on the operation of Forex, stock, binary options, and cryptocurrency exchanges.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).