Singapore continues to solidify its position as a premier cryptocurrency hub in Asia, with over 30% of its population actively owning digital assets. Thanks to a business-friendly regulatory environment, 0% capital gains tax for individuals, and strong fintech adoption, the city-state has become a magnet for both retail investors and global crypto platforms. Choosing the right exchange is critical to maximizing returns, minimizing fees, and ensuring security in this fast-evolving market.
After extensive testing and analysis from the perspective of beginner, intermediate, and expert traders, we’ve identified the top crypto exchanges operating in Singapore for 2025. Our evaluation focuses on fees, security, user experience, available assets, and regulatory compliance—all essential factors for informed decision-making.
👉 Discover which exchange offers zero maker fees and high liquidity for active traders.
Top Crypto Exchanges in Singapore
When navigating the crowded landscape of digital asset platforms, it’s crucial to partner with exchanges that combine reliability, functionality, and local relevance. Below are our top picks tailored to different types of users:
- Kraken – Overall Best Crypto Exchange in Singapore
- Coinbase – Ideal for Beginner Crypto Traders
- Crypto.com – Leading All-in-One Ecosystem
- eToro – Premier Platform for Social Trading
- Exodus – Top Choice for Mobile-First Investors
These platforms stand out due to their compliance with Singapore’s Monetary Authority (MAS), robust security protocols, diverse asset offerings, and seamless user interfaces.
Key Factors When Choosing a Crypto Exchange
Before diving into individual reviews, let’s clarify what makes an exchange truly stand out in Singapore’s competitive market.
Fees and Transaction Costs
Fees can significantly impact long-term profitability—especially for frequent traders. Maker-taker models, withdrawal charges, and network fees vary widely across platforms. Look for transparent fee structures without hidden spreads or unpredictable surcharges.
Supported Cryptocurrencies and Financial Instruments
A broader selection of tradable assets enables better portfolio diversification. The best exchanges support not only major coins like Bitcoin (BTC) and Ethereum (ETH), but also altcoins, stablecoins, NFTs, and even traditional financial products like stocks and ETFs.
Security Measures
Given the irreversible nature of blockchain transactions, platform security is non-negotiable. Top-tier exchanges implement two-factor authentication (2FA), cold storage solutions, end-to-end encryption, and regular third-party audits.
User Experience and Accessibility
Whether you're using a desktop or mobile device, intuitive navigation, fast order execution, and responsive design enhance trading efficiency. Mobile-first platforms like Exodus excel here.
Regulatory Compliance
In Singapore, all legitimate exchanges must comply with the Payment Services Act (PSA) regulated by MAS. Always verify that your chosen platform holds proper licensing to ensure fund protection and legal recourse.
In-Depth Exchange Reviews
Kraken – Overall Best Crypto Exchange in Singapore
Kraken consistently ranks as one of the most trusted centralized exchanges globally—and for good reason. With over 13 million users worldwide and strong adoption among Singaporean investors, Kraken offers a powerful blend of low fees, high liquidity, and advanced trading tools.
Key Features:
- Over 200 supported cryptocurrencies including BTC, ETH, XRP, DOGE, and USDC
- 24/7 customer support via live chat and email
- Advanced trading options on Kraken Pro with maker fees starting at 0.00%
- Industry-leading security: 2FA, SSL encryption, multi-sig wallets, bug bounty program
Kraken’s interface is clean and accessible for beginners, while Kraken Pro caters to experienced traders with margin trading, futures contracts, and complex order types. Deposits are free across most methods, though withdrawal fees apply depending on the blockchain used.
For users converting small balances, a 3% conversion fee applies—something to keep in mind for micro-transactions.
👉 See how Kraken compares with platforms offering negative maker fees.
Pros:
- Extremely low trading fees on Pro tier
- High liquidity ensures minimal slippage
- Strong regulatory standing and transparency
- Supports NFT trading with zero gas fees
Cons:
- Slightly higher fees for standard accounts
- No direct fiat funding via certain e-wallets
Coinbase – Best for Beginner Traders
Coinbase remains the go-to platform for newcomers entering the crypto space. Its user-friendly design, educational content, and secure infrastructure make it ideal for those unfamiliar with blockchain technology.
Why Singaporeans Love It:
- Simple onboarding process with step-by-step guidance
- Free account creation with no minimum deposit
- Over 260 tradable assets on Coinbase Prime; more than 425 on Coinbase Custody
- Comprehensive learning center with rewards for completing lessons
Coinbase supports instant buys via credit/debit cards starting at just $2. While trading fees can be higher compared to competitors (ranging from 0.05% to 0.60%), joining Coinbase Advanced Trade eliminates spreads and reduces costs significantly.
Security-wise, Coinbase uses biometric login, 2FA, MPC wallets, and maintains a 1:1 reserve ratio for customer funds.
Pros:
- Excellent educational resources
- Intuitive mobile app with real-time alerts
- Staking available for ADA, SOL, DOT, and ETH with competitive yields
- Transparent financial reporting
Cons:
- Custodial model means users don’t control private keys
- Higher fees on basic trading interface
Crypto.com – Best All-in-One Ecosystem
Crypto.com goes beyond being just an exchange—it's a full financial ecosystem integrating trading, payments, lending, staking, and DeFi access.
Standout Features:
- Access to over 350 cryptocurrencies
- Built-in DeFi wallet and non-custodial options
- Crypto.com Visa Card with cashback up to 8%
- Staking rewards up to 34.99% APY on select assets
Users who stake CRO tokens enjoy reduced or even negative maker fees (meaning you get paid to provide liquidity). There are no deposit fees when using crypto transfers, and fiat deposits start at just $1.
However, a $5 monthly inactivity fee applies after 12 months of dormancy—a detail worth noting for passive investors.
The platform also supports CFDs and futures trading (subject to regional availability), though these instruments carry high risk.
Pros:
- Seamless integration between wallet, exchange, and payment tools
- Generous staking rewards
- Global fiat support (over 20 currencies)
- Transparent fee structure
Cons:
- Fee model can be complex for new users
- Inactivity charges may surprise dormant account holders
eToro – Best for Social Trading
eToro revolutionizes investing through its CopyTrader feature, allowing users to automatically mirror trades from successful investors. This social trading model is perfect for beginners seeking mentorship without deep technical knowledge.
Platform Highlights:
- Over 100 crypto assets plus stocks, ETFs, commodities, and indices
- Flat 1% fee on all crypto transactions
- CopyPortfolios: pre-built thematic investment bundles
- Strong community engagement with forums and idea sharing
While eToro lacks some advanced charting tools found on dedicated platforms, its mobile app offers ProCharts and offline order placement.
All accounts are USD-based, so currency conversion fees apply when depositing or withdrawing in SGD. A $10 monthly inactivity fee kicks in after one year of no login activity.
Pros:
- Unique social trading capabilities
- Diversified product suite beyond crypto
- Transparent pricing with no hidden commissions
- Trusted reputation across millions of users
Cons:
- 1% transaction fee is relatively high
- Limited technical analysis tools for pros
Exodus – Best Mobile Trading Experience
Exodus shines as a mobile-first hybrid wallet-exchange platform. While less known than others on this list, it has built a loyal following among privacy-conscious traders.
Notable Features:
- Over 350 supported coins and access to 100,000+ assets via integrations
- No KYC required for basic wallet setup
- Built-in exchange aggregator pulls rates from multiple sources
- Customizable gas fees for Ethereum and Bitcoin transactions
You can buy crypto using Apple Pay, Google Pay, or debit cards through integrated third-party providers. However, Exodus does not support direct fiat-to-crypto conversion—users must rely on external services like MoonPay or Ramp.
Security remains a concern: Exodus lacks native 2FA and relies solely on seed phrase protection.
Pros:
- Full mobile functionality mirroring desktop experience
- Strong focus on user anonymity
- Low-cost trades with no platform fees (only network fees apply)
Cons:
- Weaker security compared to regulated exchanges
- No built-in fiat gateway
How to Choose the Right Platform: A Quick Guide
To help you decide:
| Use Case | Recommended Exchange |
|---|---|
| Active Trading | Kraken or Crypto.com |
| Learning & Education | Coinbase |
| Passive Income via Staking | Crypto.com or Coinbase |
| Social/Copy Trading | eToro |
| Privacy-Focused Mobile Use | Exodus |
Always check MAS licensing status before signing up. Avoid platforms without clear regulatory oversight.
Frequently Asked Questions (FAQ)
Q: Is crypto trading legal in Singapore?
A: Yes. While cryptocurrencies aren’t recognized as legal tender, buying, selling, and trading digital assets is fully legal under MAS regulations.
Q: Are there taxes on crypto profits in Singapore?
A: Individual investors enjoy 0% capital gains tax, making Singapore highly attractive for long-term holders. However, businesses engaged in frequent trading may be subject to income tax.
Q: Do I need to complete KYC to use a crypto exchange?
A: Most regulated platforms require identity verification (KYC) for deposits above certain thresholds or for fiat transactions. Exodus is an exception for basic wallet use.
Q: Can I earn passive income from crypto in Singapore?
A: Yes. Platforms like Coinbase and Crypto.com offer staking programs where you can earn yields ranging from 3% to over 30% annually depending on the asset.
Q: What’s the safest way to store crypto?
A: Use a combination of cold wallets (hardware devices) for large holdings and reputable exchange wallets for active trading. Never share your seed phrase.
Q: Which payment methods are supported?
A: Most exchanges accept bank transfers (FAST), credit/debit cards, PayPal (via third parties), Apple Pay, and Google Pay—though availability varies by platform.
👉 Start your journey on a platform known for ultra-low fees and deep liquidity.
Final Thoughts
The best crypto exchange in Singapore depends on your goals—whether you're a beginner seeking simplicity, an active trader chasing low fees, or someone exploring social investing. Kraken leads overall for its balance of performance and security; Coinbase excels in education; Crypto.com offers unmatched ecosystem integration; eToro empowers community-driven investing; and Exodus delivers mobility and privacy.
Regardless of your choice, always prioritize security, transparency, and regulatory compliance. And remember: only invest what you can afford to lose. The crypto market is volatile—but with the right tools and mindset, it also offers immense opportunity.