Sinegy Review 2026
Learn more about TU’s methodology
- No
- Webterminal
- Deposits and withdrawals in Malaysian ringgits
- pairs with only two cryptocurrencies
- low trading fees for takers
- 0.25% income per trade for makers
Our Evaluation of Sinegy
Learn more about TU’s methodology
Sinegy is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.64 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Sinegy clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Sinegy is a small Malaysian cryptocurrency exchange with limited functionality. It may not appeal to traders seeking a highly diversified portfolio. However, for those focused on Bitcoin and Ethereum, the exchange offers attractive features. These include low maker fees and the ability to start trading with any fiat currency deposit.
How we tested Sinegy
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Sinegy
Sinegy is a cryptocurrency exchange providing access to trading BTC and ETH against the Malaysian ringgit (MYR) on its proprietary web platform, Marketplace. A mobile app is currently unavailable. Makers enjoy a 0.25% fee, while takers incur a 0.5% fee on trade amounts. Deposits via bank transfer or crypto wallet are free, but withdrawals are subject to minor bank or blockchain charges.
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- The registration and verification process is simple, clear, and quick. There is a large FAQs section on the website.
- There are no minimum deposit requirements for MYR.
- High liquidity. Assets are exchanged in seconds.
- The fees are favorable for takers, and makers even get paid for trading.
- Client support can be contacted via live chat, email, and tickets.
- There are additional features for corporate account holders.
- The exchange is officially registered and regulated, ensuring the protection of client funds and personal information.
- The only available cryptos are BTC and ETH and they can only be traded against the Malaysian ringgit.
- There is no mobile app or information about its upcoming launch.
- There are no passive earning methods, not even a referral program.
TU Expert Verdict
Chief Analytics Officer
Sinegy is a cryptocurrency exchange offering access to trading Bitcoin and Ethereum against the Malaysian ringgit through its proprietary Marketplace web platform. With no minimum deposit for MYR, users can fund accounts via bank transfer or crypto wallet, benefitting from a straightforward registration and verification process. The exchange is registered and regulated by the Securities Commission Malaysia, applies two-factor authentication, and secures assets in cold storage. Makers are rewarded with a 0.25% fee income per trade, while takers incur a 0.5% fee. Customer support is available on weekdays through live chat, email, and tickets.
Drawbacks include the very limited product selection, as only BTC and ETH pairs are available, the absence of a mobile app, and no passive earning methods or referral program. Sinegy is not Tier-1 regulated, does not offer investor protection funds, and cannot be accessed from the U.S. or Germany. The exchange may suit Malaysian residents interested in trading BTC or ETH at competitive fees, but others seeking more markets or features may find it restrictive.
Sinegy Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Marketplace |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | MYR |
| 💵 Deposit / Withdrawal: | Bank transfers and cryptocurrency wallets |
| 🚀 Minimum deposit: |
No requirements for MYR; 0.000001 BTC or ETH |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No information |
| 💱 Commission: | Spot: 0.25%-0.5% |
| 🔧 Instruments: | 2 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No information |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | No |
| 📋 Order execution: | No information |
| ⭐ Trading features: |
Deposits and withdrawals in Malaysian ringgits; pairs with only two cryptocurrencies; low trading fees for takers; 0.25% income per trade for makers |
| 🎁 Contests and bonuses: | Rebates from Traders Union |
While the trader can add any amount in Malaysian ringgits, there is a minimum requirement of 0.000001 units for BTC and ETH deposits. Leverage is not provided, which is a standard practice for crypto exchanges. Tech support can be approached via email, online chat, or ticket system. The support service operates from 9am till 6pm on weekdays, giving detailed and competent answers.
Sinegy Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, Sinegy demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Cold wallet storage
- No successful hacks history
- 2FA
- Government-regulated
- Not U.S regulated
- No investor protection fund
- Not tier-1 regulated
Sinegy Security Factors
We also compared Sinegy against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Sinegy | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Sinegy a regulated crypto exchange?
Sinegy is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Sinegy is authorized or licensed in accordance with local regulations in the following regions: Malaysia.
Is verification (KYC) mandatory at Sinegy?
Yes, KYC verification is mandatory at Sinegy. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Sinegy available in the USA?
Sinegy is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
Sinegy commissions and fees
Sinegy received a 5.2/10 score for its trading fees. While Sinegy is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Sinegy trading fees?
We analyzed Sinegy’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Sinegy trading fees vs competitors
| Sinegy | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.25 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.5 | 0.22 | 0.2 | 0.194 |
What are Sinegy deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | RM 0.10 |
Does Sinegy offer P2P trading?
No, Sinegy does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Sinegy received a 4/10 rating for its deposit and withdrawal services. Sinegy offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No support for bank card payments
- No PayPal option
Deposit and withdrawal options
Sinegy supports the following deposit and withdrawal options: Bank transfers, Crypto.
Sinegy Deposit and withdrawal options vs competitors
| Sinegy | Kraken | OKX | |
| Bank transfers | Yes | Yes | No |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
What is Sinegy minimum deposit?
The minimum deposit at Sinegy is 0 USD/USDT or 1 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Sinegy minimum deposit vs competitors
| Sinegy | Kraken | OKX | |
| Minimum deposit, USD or USDT | 0 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 10 | 1 | 1 |
Does Sinegy support fiat money?
Sinegy does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Sinegy received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Sinegy covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Crypto options not available
- Crypto futures not available
Sinegy supported coins and markets vs competitors
We compared Sinegy with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Sinegy | Kraken | OKX | |
| Supported coins | 2 | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | No | Yes | Yes |
Sinegy passive income options vs competitors
We also compared Sinegy with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Registration address | No. 233 Jalan Burma, 10050 Georgetown, Pulau Pinang |
|---|---|
| Official site | https://sinegy.com/ |
| Contacts |
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