Singapore model · Model v2.4 · Data as of 20 Aug 2026
Best Crypto Exchanges in Singapore
We verified 29 exchanges that currently onboard customers in Singapore and support local SGD rails. Kraken leads this list: clean 13-year security record with proof of reserves; fee schedule beats most rivals. Scores recalculate whenever fees, licensing or availability change — every field carries its own check date.
Top pick: Kraken — 8.9/10. Visit Kraken ↗
Weights in this context: Security 20% · Regulation 18% · Liquidity 15% · Fees 13% — weights always total 100%.
Some Visit links are affiliate links. They never affect scores or positions — how we make money.
Reviewed by CryptoExID Editorial · 20 Aug 2026 · Editorial policy · how we make money
| Rank | Exchange · why it ranks here | Score | Spot maker / taker | Best for | Visit |
|---|---|---|---|---|---|
| 1 | Kraken Clean 13-year security record with proof of reserves; fee schedule beats most rivals | 8.9Security 9.8 · Fees 8.1 · Liquidity 8.9 | 0.16% / 0.26% | Security record | Visit ↗ |
| 2 | Coinbase Strongest regulatory standing among global venues; retail fees are among the highest | 8.8Security 9.6 · Fees 6.2 · Liquidity 9.2 | 0.4% / 0.6% | Regulated on-ramp | Visit ↗ |
| 3 | Binance Deepest liquidity and near-zero spot fees; regulatory standing varies by market | 8.7Security 8.7 · Fees 9.4 · Liquidity 9.9 | 0.1% / 0.1% | Liquidity & fees | Visit ↗ |
| 4 | OKX Best-in-class trading terminal and Web3 stack; US product trails the global app | 8.7Security 8.9 · Fees 9.1 · Liquidity 9.5 | 0.08% / 0.1% | Pro trading tools | Visit ↗ |
| 5 | Crypto.com Best crypto card program and licensing breadth; spot fees above the pro venues | 8.5Security 8.8 · Fees 7.4 · Liquidity 8.6 | 0.25% / 0.5% | Card & app | Visit ↗ |
| 6 | Upbit Dominant KRW liquidity and bank integration; KRW-market focus only | 8.3Security 8.9 · Fees 8.9 · Liquidity 9.1 | 0.05% / 0.05% | KRW market | Visit ↗ |
| 7 | Gemini NYDFS-regulated with insured custody; thinner books and higher retail fees | 8.3Security 9.5 · Fees 6.4 · Liquidity 7.6 | 0.2% / 0.4% | Regulated custody | Visit ↗ |
| 8 | Bybit Top-tier perpetuals engine and depth; cannot onboard several major Western markets | 8.2Security 8.3 · Fees 9.0 · Liquidity 9.6 | 0.1% / 0.1% | Derivatives | Visit ↗ |
| 9 | Bitstamp Operating since 2011 with EU + US licenses; smaller asset list and quiet books | 8.2Security 9.2 · Fees 7.8 · Liquidity 7.8 | 0.3% / 0.4% | Track record | Visit ↗ |
| 10 | eToro Regulated social investing across 100 markets; ~1% spread model is expensive | 8.1Security 8.9 · Fees 6.0 · Liquidity 7.4 | 1% / 1% | Social investing | Visit ↗ |
- 1Kraken0.16% / 0.26% · Security record8.9out of 10
Clean 13-year security record with proof of reserves; fee schedule beats most rivals
Opens the official siteRead review →
- 2Coinbase0.4% / 0.6% · Regulated on-ramp8.8out of 10
Strongest regulatory standing among global venues; retail fees are among the highest
Opens the official siteRead review →
- 3Binance0.1% / 0.1% · Liquidity & fees8.7out of 10
Deepest liquidity and near-zero spot fees; regulatory standing varies by market
Opens the official siteRead review →
- 4OKX0.08% / 0.1% · Pro trading tools8.7out of 10
Best-in-class trading terminal and Web3 stack; US product trails the global app
Opens the official siteRead review →
- 5Crypto.com0.25% / 0.5% · Card & app8.5out of 10
Best crypto card program and licensing breadth; spot fees above the pro venues
Opens the official siteRead review →
- 6Upbit0.05% / 0.05% · KRW market8.3out of 10
Dominant KRW liquidity and bank integration; KRW-market focus only
Opens the official siteRead review →
- 7Gemini0.2% / 0.4% · Regulated custody8.3out of 10
NYDFS-regulated with insured custody; thinner books and higher retail fees
Opens the official siteRead review →
- 8Bybit0.1% / 0.1% · Derivatives8.2out of 10
Top-tier perpetuals engine and depth; cannot onboard several major Western markets
Opens the official siteRead review →
- 9Bitstamp0.3% / 0.4% · Track record8.2out of 10
Operating since 2011 with EU + US licenses; smaller asset list and quiet books
Opens the official siteRead review →
- 10eToro1% / 1% · Social investing8.1out of 10
Regulated social investing across 100 markets; ~1% spread model is expensive
Opens the official siteRead review →
Scored but not ranked here
- Bitvavo8.5not available in this market
- Bitpanda8.2not available in this market
- Robinhood Crypto8.2not available in this market
How crypto exchanges are regulated in Singapore
MAS licenses exchanges in Singapore under the Payment Services Act, and it runs one of the most selective regimes anywhere: many applicants, few approvals, and public expectations that licensees exceed baseline standards. Coinbase, Crypto.com, OKX, Upbit and Coinhako hold licenses or exemptions to serve Singapore, while Binance withdrew its application years ago and remains unavailable to Singapore retail.
MAS pairs licensing with hard consumer protection rules: crypto advertising to the general public is banned, retail customers face suitability assessments, leverage and credit-funded crypto purchases are prohibited for retail, and incentives like sign-up bonuses are restricted. The message is deliberate, that trading is legal but will not be made frictionless. Our Singapore rankings only include venues with proper MAS standing.
Deposits, withdrawals and local rails in Singapore
FAST and PayNow make SGD funding excellent on licensed venues: instant, free bank transfers from DBS, OCBC or UOB accounts that credit within seconds. This is one of the best fiat on-ramp experiences in any market we cover, provided you stay inside the licensed perimeter. Licensed platforms integrate PayNow directly, and deposits at 2 a.m. on Sunday work exactly like Tuesday morning.
Cards are the weak rail: several Singapore banks restrict credit card crypto purchases outright, consistent with the MAS position against leveraged or borrowed-money speculation, and debit card success rates vary by issuer. Withdrawals in SGD process same-day on licensed venues. Unlicensed offshore platforms cannot legally onboard Singapore retail, and local banks flag transfers to them.
Availability and restrictions in Singapore
Retail restrictions are the defining feature: no leverage, no crypto derivatives for retail on licensed venues, mandatory risk acknowledgments, and marketing silence in public spaces. Institutional and accredited investors operate under wider rules. Binance's absence from the retail market is the highest-profile gap. MAS has also driven Travel Rule compliance early, so wallet withdrawals involve counterparty questions.
Crypto taxes in Singapore
Singapore imposes no capital gains tax on individuals, so personal crypto investment profits are untaxed. Income tax applies only if trading constitutes a business or gains arise from employment or services paid in crypto. This combination of strict conduct regulation and zero CGT is Singapore's signature trade-off.
Local snapshot: top venues in Singapore
| Exchange · why it ranks here | Local status | Spot maker / taker | KYC time | Local rails | Local currency |
|---|---|---|---|---|---|
| Kraken | Onboards | 0.16% / 0.26% | 10 min | 1 | — |
| Coinbase | Licensed | 0.4% / 0.6% | 5 min | 1 | SGD |
| Binance | Onboards | 0.1% / 0.1% | 10 min | 1 | — |
| OKX | Licensed | 0.08% / 0.1% | 8 min | 1 | SGD |
| Crypto.com | Licensed | 0.25% / 0.5% | 12 min | 1 | SGD |
| Upbit | Licensed | 0.05% / 0.05% | 10 min | 1 | SGD |
| Gemini | Licensed | 0.2% / 0.4% | 10 min | 1 | SGD |
Best exchange in Singapore for a SGD 129 / SGD 1,290 / SGD 12,900 purchase
Modeled all-in cost of a Bitcoin market buy (trading fee plus spread and size-dependent slippage) across the venues available in Singapore. Deposit fees come on top and depend on the method above.
SGD 129 buy
Upbit
~SGD 0.09 fee + spread
SGD 1,290 buy
Upbit
~SGD 0.88 fee + spread
SGD 12,900 buy
Upbit
~SGD 8.77 fee + spread
Best exchange in Singapore by use case
Lowest fees
Binance
9.0/10 · 0.1% / 0.1%
Safest
Coinbase
9.4/10 · 0.4% / 0.6%
For beginners
Coinbase
9.0/10 · 0.4% / 0.6%
For Bitcoin
Binance
9.0/10 · 0.1% / 0.1%
For staking
Kraken
8.9/10 · 0.16% / 0.26%
Buying crypto in Singapore: FAQ
- How are crypto exchanges regulated in Singapore?
- MAS licenses exchanges in Singapore under the Payment Services Act, and it runs one of the most selective regimes anywhere: many applicants, few approvals, and public expectations that licensees exceed baseline standards. Coinbase, Crypto.com, OKX, Upbit and Coinhako hold licenses or exemptions to serve Singapore, while Binance withdrew its application years ago and remains unavailable to Singapore retail.
- What is the best crypto exchange in Singapore?
- Kraken leads our Singapore model at 8.9/10 on the current dataset. The model weighs security, regulation, liquidity, fees and local payment rails; the full breakdown is on this page.
- What is the cheapest way to deposit SGD?
- Bank Transfer is the cheapest rail we track for Singapore: Free–0.5%, typically 0–1 business day. Card deposits settle instantly but cost 1.8-3.99%.
- Which exchanges do not accept customers in Singapore?
- On the current dataset, bitFlyer, Bithumb, Bitvavo, Robinhood Crypto do not onboard customers in Singapore. They are scored in the database but excluded from this ranking.
Related rankings
By payment method
Rankings are computed from verifiable data — fees, security, liquidity, regulation and availability — under model v2.4. How we rank → A score is not a guarantee of safety and nothing here is investment advice.