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Which Crypto Wallet Is The Best In Singapore

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

The best crypto wallets for Singapore:

  • Coinhako – MAS-licensed, SGD on-ramp via FAST/PayNow;

  • Crypto.com AppSGD deposits, staking features, licensed by MAS;

  • Crypto.com DeFi – best for DeFi swaps with own custody;

  • MetaMask – Leading DeFi and NFT wallet with multi-chain support;

  • Rabby – EVM wallet with pre-transaction risk detection;

  • Trust Wallet – Mobile-friendly multichain wallet with swaps;

  • Ledger Nano X – Hardware wallet with offline security;

  • Trezor – Open-source hardware wallet for long-term storage.

Choosing the best Singapore crypto wallet is important because traders need safe storage and smooth access to the market. In 2026, rules around licensing and custody became tighter, which pushed wallets to improve how they protect user funds and follow local laws. At the same time, many people in Singapore now hold crypto, which makes the market more active. This means the crypto wallet users pick should offer strong compliance along with simple access to DeFi tools and NFTs.

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.

Leading crypto wallets in Singapore

The market for crypto wallets in Singapore keeps growing as rules change and more people use DeFi. In 2026, millions of users rely on digital wallets, and many choose custodial apps because they support SGD. The best crypto wallets for Singapore traders depend on their goals, such as SGD access for beginners, DeFi tools for active users, or offline safety for long term holding.

This section covers the best crypto wallet options available in Singapore across custodial, non-custodial, and hardware choices by looking at features, safety, and user needs.

Top crypto wallets in Singapore
WalletTypeSGD supportDeFi accessSecurity (1–10)Best for
CoinhakoCustodialYes (FAST/PayNow)Medium7.8Local SGD trades & retail
Crypto.com AppCustodialYes (FAST/PayNow)Medium8.0Fiat access with staking
Crypto.com DeFiNon-custodialNoHigh8.2DeFi swaps with own custody
MetaMaskNon-custodialNoVery High8.3DeFi, NFTs, DAOs
RabbyNon-custodialNoVery High8.4EVM DeFi with risk detection
Trust WalletNon-custodialNoHigh7.6Mobile multi-chain trading
Ledger Nano XHardwareNoLow9.8Cold storage & long-term security
TrezorHardwareNoLow9.6Offline management for large portfolios

Coinhako

Coinhako is one of the most widely used crypto wallets in Singapore, mainly because it provides easy SGD access through FAST and PayNow. As a custodial wallet, Coinhako handles your crypto storage for you, which makes it a smooth entry point for new users and retail traders. It offers a familiar app design, simple buy and sell buttons, price alerts, and local support that many Singapore residents find important.

Users can move SGD directly from their bank account into the platform, buy tokens instantly, and withdraw funds back to the bank when needed. Security is rated medium because it is custodial, but Coinhako operates with a MAS MPI licence, which adds strong regulatory protection. It fits Singapore users who want fast SGD deposits, simple trading tools, and a trusted local platform backed by MAS oversight.

CoinhakoCoinhako

Crypto.com App

The Crypto.com App is a large global custodial wallet with strong adoption in Singapore because it also supports FAST and PayNow for SGD deposits and withdrawals. It gives users access to hundreds of tokens, staking rewards, and an easy interface for trading.

The app also includes its own card programs in supported regions, plus built-in earning tools that attract users who want to grow their portfolio. Its medium-to-high security score reflects strong infrastructure, though custodial systems mean users do not hold their own keys. Like Coinhako, the Crypto.com App is licensed under a MAS MPI approval, which adds trust for Singapore users. It is best for people who want fiat access, passive-earning features, and a global brand with a large ecosystem.

Crypto.com AppCrypto.com App

Crypto.com DeFi Wallet

The Crypto.com DeFi Wallet is a separate non-custodial wallet that gives users full control of their private keys. It does not support SGD funding, but it is built for direct access to decentralized swaps, staking, and multi-chain transfers with strong security.

The wallet supports many networks, including Ethereum, Cronos, and other major chains, allowing users to move assets freely between DeFi apps. It is designed for users who want independence from custodial storage but still want a clean and guided interface. Although it is not MAS-regulated because it is a self-custody wallet, it offers one of the highest security scores among its peers. It is ideal for Singapore users who want to handle their own keys and operate across DeFi without giving up ease of use.

Crypto.com DeFi WalletCrypto.com DeFi Wallet

MetaMask

MetaMask is a leading non-custodial wallet used heavily by Singaporeans who work with DeFi, NFTs, Web3 apps, or Ethereum-based trading. It does not support SGD deposits, but it connects to decentralized exchanges, yield platforms, and NFT marketplaces with ease. It supports Ethereum, Layer 2 networks, and thousands of ERC20 tokens.

MetaMask is also widely used for DAOs and governance voting, making it a flexible wallet for anyone involved in Web3 communities. The wallet has a very high security rating because users keep their own keys, and it offers strong protections when paired with hardware wallets like Ledge or Trezor. It works best for Singapore traders who want maximum DeFi access and control without relying on a custodial provider.

MetaMask WalletMetaMask Wallet

Rabby Wallet

Rabby is a browser-based non-custodial wallet designed to fix many safety issues common in Web3. It gives Singapore users a safer experience by showing detailed transaction previews, risk flags, contract warnings, and chain switching suggestions before any transaction is confirmed. The wallet works across all EVM networks and is especially popular among DeFi traders who interact with multiple chains every day.

Rabby also shows which wallet is best for each site, reduces mis-clicks, and helps users avoid high-risk contracts. With a strong security rating and full key ownership, it gives advanced users a more controlled way to use dApps. It is ideal for Singapore traders who want deep DeFi access but also want extra safety tools to avoid scams or mistakes.

Rabby WalletRabby Wallet

Trust Wallet

Trust Wallet is a non-custodial mobile wallet known for its simple layout and support for more than 70 blockchains. It does not support SGD directly, but Singapore users often use it as a daily multi-chain wallet because it handles thousands of tokens and works with dApps on many networks. It supports staking, built-in swaps, and direct connections to Web3 apps inside the wallet.

Security is strong for a mobile wallet because users control their keys, but it lacks some of the advanced safety features found in Rabby or MetaMask. Trust Wallet is best for users who trade often, want access to many chains, and need an easy app for sending, receiving, and interacting with crypto across different blockchains.

Trust walletTrust wallet

Ledger Nano X

Ledger Nano X is one of the highest-security hardware wallets available in Singapore. It offers cold storage using a certified secure element chip and supports more than 5,000 tokens across multiple blockchains. Because it is fully offline, it protects users from online attacks and malware. It does not support SGD deposits, but Singapore users commonly use Ledger together with Coinhako or the Crypto.com App.

Ledger Live, the companion app, works on desktop and mobile and allows you to manage assets, stake selected coins, and verify all transactions on the hardware device itself. With the highest security score in your list, it is the recommended option for long-term investors, large portfolios, and anyone who wants strong protection under self-custody.

<span translate="no">Ledger</span> <span translate="no">Nano</span> XLedger Nano X

Trezor

Trezor is another trusted hardware wallet used in Singapore for secure offline storage of crypto assets. It supports more than 1,200 tokens and offers a clear, fully open-source firmware that many advanced users prefer. Like Ledger, it does not support SGD funding but fits perfectly into a multi-wallet setup where users buy crypto on an exchange and store it safely on Trezor.

The security score is very high because private keys remain offline at all times. Trezor also supports passphrases, multisig setups, and advanced recovery options. It is best for users in Singapore who want full transparency, control, and offline management for large crypto holdings.

TrezorTrezor

Wallet categories in Singapore

The crypto wallets used in Singapore fall into three main groups. Each group serves a different type of trader based on safety needs, SGD access, and how much control they want over their private keys.

  • custodial wallets are linked to licensed platforms and support FAST or PayNow deposits;

  • non-custodial apps let users control their own keys and are often used for DeFi and NFTs;

  • hardware wallets keep keys offline and offer stronger long term protection.

Singapore has millions of active wallet users, and adoption is spread across these three groups based on how much safety or flexibility each trader wants.

Evaluation criteria for Singapore traders

Choosing the right crypto wallet in Singapore depends on how well it matches local rules, user needs, and long term safety. Wallets linked to licensed platforms are the only ones that can offer legal SGD deposits and withdrawals, so traders should confirm this before they start.

The most important evaluation points include:

  • SGD access. Traders in Singapore check if a wallet supports FAST or PayNow so they can move SGD in or out easily. Custodial apps like Coinhako and Crypto.com are often used for this.

  • Licensing. A crypto wallet linked to a licensed platform helps users from Singapore follow local rules. Traders with larger holdings should confirm licence status before using SGD transfers.

  • Security features. The best crypto wallet in Singapore should offer strong protection such as hardware chips, biometric locks, and clear recovery steps. Hardware wallets lower online risk, while apps must help users avoid phishing.

  • DeFi and NFT access. Many users in Singapore use DeFi often, so wallets like MetaMask and Rabby help with staking, DAOs, and NFT activity that custodial apps may not support.

  • Fee clarity. The best crypto wallets in Singapore show fees clearly. Custodial apps may charge more for trades, while DeFi fees change with gas levels. Comparing both types helps traders manage total costs.

These factors help traders pick the best crypto wallet for Singapore in 2026 by balancing rules, safety, SGD access, and DeFi tools.

Where does each wallet specialize?

  • DeFi activity.MetaMask and Rabby are popular because they connect well to DeFi tools, staking, DAOs, and NFTs. These wallets give Singapore traders more control since they are non-custodial and support many EVM chains.

  • Retail convenience. Trust Wallet is widely used for simple mobile trading. It supports many tokens and gives users an easy way to manage assets. This makes it a common choice among crypto wallets in Singapore for everyday use.

  • SGD entry points. Coinhako and the Crypto.com App remain important for beginners because they support FAST and PayNow. This makes them part of the best crypto wallet options for Singapore users who need smooth SGD access.

  • Long term safety. Ledger Nano X and Trezor stay popular for storage because they keep keys offline. Many traders in Singapore use a mix of hot wallets for daily actions and hardware wallets for long term protection.

Where each wallet excelsWhere each wallet excels

Risks and considerations

Even the best crypto wallets for Singapore traders carry risks:

  • Phishing risk. Fake wallet apps and scam links target users, so traders in Singapore should install wallets only from official stores and check details before logging in.

  • SIM swap danger. Mobile wallets can be exposed if a phone is cloned or taken over. Adding biometric locks, strong passwords, and 2FA lowers the chance of unwanted access.

  • Gas fee spikes. DeFi wallets such as MetaMask may show higher fees when networks are busy. Traders should check gas levels before making swaps to avoid sudden costs.

  • Regulation changes. Rules in Singapore can shift, so traders must stay aware of updates that affect wallet licensing and SGD transfers. Using a mix of custodial, non-custodial, and hardware wallets gives better balance. Within this evolving regulatory landscape, the Singapore stablecoin XSGD has emerged as a practical tool for moving and holding Singapore dollar value on-chain.

Traders in Singapore can stay safer by using a mix of wallets. Custodial apps help with SGD access, non-custodial apps work well for DeFi, and hardware wallets protect long term savings.

If you also need a simple place to buy the crypto you plan to keep in your wallet, the list of the best crypto exchanges in Singapore can help. It highlights trusted platforms that support SGD deposits through familiar local methods, making it easy to move funds into your wallet once you are ready to trade, hold, or use DeFi.

Best cryptocurrency exchanges in Singapore
Kraken Binance BingX Zoomex XT.com

Min. Deposit, $

10 No 1 10 30

Coins Supported

278 415 740 30 796

Spot leverage

1:5 1:10 1:1 1:1 1:10

Spot Maker Fee, %

0.25 0.1 0.1 0.1 0.2

Spot Taker fee, %

0.4 0.1 0.1 0.1 0.2

TU overall score

9.2 8.5 8.48 8.44 8.4

Open an account

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Use hot wallets lightly and protect savings offline

Anastasiia Chabaniuk Educational Content Editor

In my work with traders in Singapore, I notice most people care first about fast SGD access, and then only later think about safety. Custodial apps feel easy, but they still follow strict rules, so they are not suited for every situation. Non-custodial apps give you more control, but they work best when you pay attention to your keys and backups. Hardware wallets may seem slow, yet they protect long term savings better than anything else.

I tell traders to keep only spending money in hot wallets and store the rest offline, because it removes a lot of risk. With DeFi, the biggest trouble comes from moving too fast. Slow down, read what you are signing, and check the wallet address each time. If something feels off, stop and review it later. These simple habits help traders protect their funds and choose the best crypto wallet in Singapore for the way they actually trade.

Conclusion

Choosing the right crypto wallet in Singapore is crucial as digital assets become more mainstream in 2026. With features like native SGD support, user-friendly interfaces, and robust security, top contenders such as Trust Wallet and Coinhako Wallet set a new standard for both novice and seasoned investors. Most importantly, prioritizing wallets that balance convenience and safety empowers users to manage their holdings confidently amidst changing market conditions. Ultimately, the best wallet is the one that aligns with your financial goals while providing peace of mind—reminding us that in the world of crypto, trust and usability are key to long-term success.

FAQs

What are the main differences between custodial, non-custodial, and hardware crypto wallets in Singapore?

Custodial wallets in Singapore are linked to licensed platforms and support direct SGD deposits and withdrawals, making them suitable for beginners and retail users. Non-custodial wallets provide users full control over their private keys and are often used for DeFi, NFTs, and multi-chain trading, but do not offer SGD on-ramps. Hardware wallets keep keys offline for maximum security, making them ideal for long-term storage and safeguarding large holdings.

How does regulatory compliance impact the choice of crypto wallets for Singaporean users?

Regulatory compliance is crucial because only wallets connected to licensed platforms can legally offer SGD transactions in Singapore. Compliance ensures user protection and alignment with local rules. Non-custodial and hardware wallets often serve different needs but may not provide direct fiat access or local regulatory guarantees.

What security features should users look for when selecting the best crypto wallet in Singapore?

Users should check for features such as hardware chips, biometric locks, clear recovery steps, and risk alerts on transactions. Custodial wallets may offer additional regulatory oversight, while non-custodial and hardware wallets enable users to own their keys and benefit from offline protection or advanced warning systems for suspicious activity.

Why is it recommended to use a mix of wallet types for managing crypto assets in Singapore?

Using a combination of custodial, non-custodial, and hardware wallets allows Singapore traders to balance convenient SGD transactions, flexible DeFi access, and long-term security. This approach spreads risk, making it easier to manage day-to-day trading while safeguarding savings from online threats or regulatory changes.

Editors' Top Picks and Insights

Team that worked on the article

Aleksandra Chaikina
Aleksandra Chaikina
Author and financial analyst at Traders Union

Aleksandra Chaikina has been a contributor to Traders Union since 2021. With over 15 years of experience in copywriting and more than 5 years focused on financial content, she specializes in producing detailed guides, analytics, and comparative reviews across various sectors, including cryptocurrencies, Forex, investment strategies, and financial technologies.

Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Head of Fact-Checking Department

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.