Best Crypto Exchanges in Singapore for November 2026

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Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
BingX - Global exchange with spot, derivatives, and copy trading features, supporting over 700 coins
Yobit - Best for anonymous trades (clear flat fees and no KYC requirements)
Zoomex - Cryptocurrency exchange offering spot and derivatives trading with competitive fees
Pionex - Automated trading platform with 16 free bots and low trading 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	1 30 10 1	1 30 10 1
Coins Supported	800+	1000+ 196 30 386	1000+ 196 30 386
Spot maker fee	0.1	0.1 0.2 0.1 0.05	0.1 0.2 0.1 0.05
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.

Available in Singapore

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TU Overall Score 8.9 /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.	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 trading fees.
Multifunctional P2P platform.
Two-factor authentication (2FA).
High liquidity and trading volume.
Secure Asset Fund for Users (SAFU).
Access to spot, futures, and options markets.
Opportunities for passive income (staking, savings).

Regulatory pressure and geographical restrictions.
Complex interface for novice investors.

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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.	4.4 /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.	5 /10

Low entry barrier for beginners.
Unique integration with TradingView.
Access to trading casual derivatives (CFDs).
Regular proof of solvency — Proof of Reserves (PoR).
Virtual VST tokens for risk-free demo trading.
Advanced automation tools — Grid bots for spot and futures markets.

High hidden costs (slippage and spreads).
Limited presence in regulated jurisdictions.

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.	6.4 /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

Absolute anonymity and zero KYC requirements.
Absence of regional blocks and geo-restrictions.
Extremely wide selection of trading pairs: over 4,000 pairs.
Direct support for fiat currencies, including USD and RUB.
Alternative earning tools like YoFarm investment pools and InvestBox lending programs.

No margin trading or leverage available.
Total lack of regulation and legal oversight.
Outdated functionality and high hidden risks.

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.

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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.	5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	7.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

Minimum deposit is USD 1 in cryptocurrency equivalent;
Low fees even with small trading volumes;
No restrictions on strategies – you can trade on your own or using built-in bots;
Wide selection of crypto assets, including for margin trading;
High security: license of a US regulator, holding funds in cold wallets;
Diversity of trading bots and no addition fees for using them;
2FA (two-factor authentication).

No fiat deposit and withdrawal options;
Referral awards are given only for users with trading volume of USD 20,000 or more;
Uninformative responses of customer support.

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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	0.1 0.2 0.1 0.05	0.194
Spot taker fee, %	0.1	0.1 0.2 0.1 0.05	0.157
Futures maker fee, %	0.02	0.02 Not supported 0.02 No	0.024
Futures taker fee, %	0.05	0.045 Not supported 0.06 No	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 0.005 ETH 0.0005 BTC 0.0005 BTC 0.0005 BTC 0.005 ETH	0.0005 BTC 0.005 ETH 0.0005 BTC 0.0005 BTC 0.0005 BTC 0.005 ETH
Bank Wire	Yes	Yes Yes Yes No	Yes Yes Yes No
Bank cards	Yes	Yes Yes Yes No	Yes Yes Yes No
Payment services	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
P2P	Yes	Yes No No Yes	Yes No No Yes

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	No No No Yes	No No No Yes
Government-regulated	Yes	No No No Yes	No No No Yes
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	Yes Yes No No	Yes Yes No 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	BingX	Yobit
API integration	Yes	Yes	Yes
Large trading volume	Yes	Yes	Yes
Futures trading	Yes	Yes	No
Advanced order types	Yes	Yes	No
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	BingX	Pionex
Education	8.2	3.7	9.4
P2P account	Yes	Yes	Yes
Demo account	Yes	Yes	No
Staking	Yes	Yes	No
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 time, I've found that staking, lending, and yield farming can be excellent ways to earn passive income while holding crypto assets. Some exchanges offer high APYs on stablecoins and top cryptocurrencies, allowing traders to grow their portfolios without active trading. Lending programs enable users to earn interest by providing liquidity to margin traders, while staking options support network security and reward participants. Many platforms also offer flexible vs. fixed staking terms, where longer lock-up periods generally yield higher rewards. Choosing an exchange with reliable passive income options can help traders maximize returns while maintaining long-term exposure to crypto assets.

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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.

Learn about our editorial policies

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.

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.

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