9 Best Crypto Exchanges In Singapore (Jul 2022)

June 29, 2022
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Best Crypto Exchanges Canada

Choosing the best cryptocurrency exchange in Singapore isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Singapore, and have made my selections below based on years of research and personal experience.

Capital is the favorite among knowledgeable Singaporean crypto investors, both for its high level of security and for its ease of use. Capital’s fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Singapore, I can’t recommend Capital highly enough.

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Here’s something you may not realize: the cryptocurrency exchange you choose matters. Your choice will impact how profitable your trades are, how easily you can buy and sell coins, and whether you can use it in Singapore at all.

Fortunately, I’ve been investing in crypto for more than 9 years, and I frequently update my list of the top platforms below. So if you’re looking for a safe and secure crypto exchange that’s easy to use, supports the Singapore dollar, and is compatible with the biggest financial institutions in Singapore, you’ve come to the right place.

Here are my top picks for the best crypto exchanges Singapore has to offer.

1. Capital – Best Overall

Best Overall

Trading fees: 0%
Supports: 100+ coins
Customer support: Excellent

Trusted by millions.

★★★★★

Rated 4.9/5

Capital is so much more than a crypto exchange—and that’s exactly what makes it so great. With Capital, you can trade crypto alongside stocks, commodities, forex, market indices, ETFs and more—all with zero trading fees.

Capital charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), which is extremely small. It has a fully functional desktop platform and well-rated mobile app, plus a demo account where you can practice trading in real time with paper (fake) money.

Capital is licensed by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, which means it’s a safe, secure exchange regulated by trustworthy authorities. Every user even receives a dedicated account manager you can reach by email or phone at any time, making Capital’s customer support experience second to none. 

I’ve personally used Capital for more than 4 years, and based on both my own experiences and those of millions of other users, I can’t recommend Capital highly enough. 

Features

  • Zero trading fees
  • Tight spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Allows up to 500x leverage (200x leverage on crypto)
  • Free deposits and withdrawals from debit/credit cards, bank transfer, etc.
  • Dedicated account manager you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.8/5 on Apple, 4.6/5 on Google)

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%

Best For

Investors looking for the best overall crypto experience with extremely low fees.

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Zero trading fees

2. Pepperstone

Pepperstone is a Melbourne-based brokerage and CFD trading platform. It is licensed and regulated by the Australian Securities and Investments Commission (ASIC), the FCA in the UK, and the DFSA in the United Arab Emirates. It is one of the most complete investing platforms out there; it offers access to over 1,200 investing instruments, ranging from CFDs on indices and cryptocurrencies to ETFs, shares, and even forex trading.

Pepperstone has over 60,000 active traders – and the reasons crypto traders are choosing it over other CFD crypto providers are its low (zero) trading fees, tight spreads, and extensive offering. Experienced investors can also take advantage of Pepperstone’s 10:1 leverage, available for most crypto assets, and potentially turn in a profit even when the market is having a downturn.

Pepperstone doesn’t charge any fees for depositing; its spread ranges from 0.0% to 0.3%, depending on the underlying crypto asset. The Pepperstone app is available for Android (4.3/5 rating) and iOS (4/5 rating), and their customer support is available 24/7 to answer all your questions.

Features

  • Zero trading fees
  • Tight spreads (around 0.0% – 0.3%)
  • Customer support is available 24/7
  • Up to 10:1 leverage on most crypto assets
  • Access to TradingView’s advanced charting tools
  • Supports 20+ crypto CFDs
  • Free deposits and withdrawals

Cost

  • Spread: From 0.0% to 0.3% 
  • Trading Fees: Free
  • Deposit Fees: Free
  • Withdrawal Fees: Free

Best For

Experienced investors looking for low fees and access to charting tools.

3. CMC Markets

CMC Markets is a leveraged trading platform headquartered in the UK. It’s one of the largest investing platforms in terms of volume, with over 1 million active traders across all their markets. CMC Markets supports 18 crypto assets, including a mix of the largest cryptos like Bitcoin and Ethereum and some up-and-coming altcoins with potential like NEO, Cardano, and TRON.

CMC Markets aggregates crypto prices from 15+ exchanges and data sources to offer very competitive prices. They also offer another way to gain exposure to crypto: Crypto Indices. Crypto Indices are diversified crypto baskets – by purchasing a crypto basket, you gain access to the crypto sector as a whole.

In terms of pricing, CMC Markets is ahead of many exchanges – for starters, it doesn’t charge trading fees; you will only pay very small spreads (0.02% for purchases, 0.09% for selling). 

They also have a program called Alpha: if your monthly trading volume reaches the minimum, you will immediately gain access to additional features like a dedicated account manager, VIP service, and preferential pricing on crypto assets.

CMC Markets users can also access global markets, including commodities, shares, indices, CFDs, and FX – all in one place. Their mobile app is available on Android and iOS, and they have excellent reviews on Trustpilot, averaging a rating of 4.2/5.

Features

  • Supports 18+ cryptocurrencies
  • Access to diversified Crypto Baskets
  • App available for Android (3.5/5 rating) and iOS (4.1/5 rating)
  • Demo environment
  • For Alpha users: Data analysis and In-depth market insights

Cost

  • Trading Fees: Free 
  • Spread: 0.07%

Buy and sell crypto instantly with our #1-rated crypto exchange: Capital.

4. Crypto.com

Crypto.com Exchange

Crypto.com is a major global player that brings a mature, proven exchange to experienced crypto investors. It supports 100+ cryptocurrencies, making it an ideal fit for anyone looking to invest in undiscovered altcoins before the masses.

Crypto.com offers some unique features that no other cryptocurrency exchanges can match. Users can trade options and futures contracts, earn interest by staking their coins, and make trades with up to 10x leverage when they feel particularly confident in a coin.

Crypto.com also has invested an enormous amount of money into its platform security, which makes trading with them extremely safe. The exchange is lightning quick (prices update dozens of times per second), which gives day traders an upper hand over the rest of the market.

Overall, Crypto.com is a solid exchange for investors looking to cash in on brand new altcoins.

Features

  • Average trading fees (0.4%)
  • Supports 100+ cryptocurrencies
  • Allows up to 10x leverage
  • Trade crypto derivatives (futures and options contracts)
  • Earn daily interest by staking your coins
  • Purchase newly-listed coins at up to 50% off
  • Free deposits from all cryptocurrencies

Cost

  • Account Opening: Free
  • Trading Fees: 0.4%

Best For

Investors looking to buy altcoins and other new crypto assets before they go mainstream.

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Extremely secure, 10x leverage

5. Bitfinex

Bitfinex is a crypto exchange based in the British Virgin Islands and among the most trustworthy, as of the time of writing this post, it is the eighth largest crypto exchange in the world. Like Bitbuy, it has extremely low fees, going as low as 0.1%.

Bitfinex supports over 180 cryptocurrencies and offers experienced investors access to research tools, derivatives, margin trading, and advanced order types. On the other hand, beginners may appreciate its risk-free environment and highly-rated, easy-to-use mobile app.

As a new Bitfinex User you will receive a 6% rebate on all your future fees by signing up here. Bitfinex uses 2FA, advanced APIs, and cold storage to keep your assets protected.

Features

  • Extremely low trading fees (0.10%)
  • Access to a risk-free testing environment
  • Supports 178 cryptocurrencies
  • Highly-rated mobile app 
  • Customer support ticket system via email
  • User-friendly for both beginners and advanced traders

Cost

  • Account Opening: Free
  • Trading Fees: From 0.1% to 0.2%
  • Wire Transfer: 0.1% (min. $60 fee)
  • Debit/Credit Card: Depends on the cryptocurrency
  • ACH Transfer: N/A

Signup Bonus

6% fee rebate when you sign up using this link.

Best For

Veteran investors looking for advanced top-level investing tools.

6. Okcoin

Launched in 2013, OKCoin is a California-based American exchange with over 100,000 crypto investors across 190+ countries. It supports 70+ crypto assets, including the biggest like Bitcoin and Ethereum, but also altcoins and lesser-known blockchain protocols.

OKCoin doesn’t charge trading fees – instead, it uses a volume-based fee system, where makers are charged 0.1% – 0.0% (based on the last 30-day trading volume) and takers are charged 0.2% – 0.02%, also based on volume. 

OKCoin is available worldwide and supports SEPA payment deposits in Europe and electronic fund transfers (using the ACH network) in the US. Among OKCoin’s best features are its staking platform, where investors can lock in one of the supported cryptos (for a fixed term) and earn up to 17% APY, depending on the asset (10% for BTC).

Fiat deposits using debit cards are on the high side – you can end up paying up 3.99%, so it’s recommended, whenever possible, that you use a different deposit method. OKCoin is licensed in the US and registered with the Financial Crimes Enforcement Network (FinCEN).

Features

  • Supports 70+ cryptocurrencies
  • Quick verification process
  • Set up automatic purchases using dollar-cost averaging
  • Available on Android (4.1/5 rating) and iOS (4/5 rating)
  • OKCoin Earn (Up to 10% APY on BTC deposits)

Cost

  • Trading Fees: Free
  • Spread: 1% – 1.5%
  • Maker’s Fees: From 0.1% to 0.0% (based on trading volume)
  • Taker’s Fees: From 0.2% to 0.02% (based on trading volume)
  • Debit Card Deposit Fees: 3.99%

Buy and sell crypto instantly with our #1-rated crypto exchange: Capital.

7. Pursa

Pursa is different than most crypto exchanges on this list. It is a Cameroon-based peer-to-peer (P2p) cryptocurrency exchange that was founded in 2017 by Mbuh Jude, with the goal to release a fully decentralized trading platform. When you use Pursa you don’t make any deposit to the platform – you actually trade directly with the buyer. 

Using this kind of platform has many benefits compared to regular exchanges; for starters, Pursa doesn’t charge deposit or withdrawal fees – you only pay spreads, which range from 1% – 3%, and there is no registration process. Transactions are completed instantly and anonymously and deposited directly to your wallet.

Pursa is supported in over 200 countries and has an attractive referral program: you can earn up to 20% of all sales your referee makes – with no limits. You can invite as many friends as you want. One major downside is that you can only trade Bitcoin using this platform.

Features

  • Supports (only) Bitcoin
  • No deposit or withdrawal fees
  • No registration needed
  • Instant Bitcoin deposits directly to your wallet
  • Completely anonymous
  • Attractive referral program (earn 20% of your referees’ sales)

Cost

  • Spreads: 1% – 3%

8. Coinhako

Coinhako is a cryptocurrency exchange based in Singapore and with a strong presence in the Asia-Pacific region. Launched in 2014, it surpassed 150,000 active traders by the end of 2020 and reported their largest spike of registered users in 2021; which suggests it could become a major crypto player in Asia.

Coinhako supports 3 fiat currencies, USD, SGD and VND, and 66 of the largest cryptocurrencies, including BTC, ETH, LTC and NEO. It offers preferential OTC trading services for high net-worth individuals and one of its main selling points is its multi-chain-compatible Super Wallet, which allows easy access to crypto from multiple blockchains.

Users can deposit fiat directly to their Coinhako Super Wallet through bank transfers, Visa, or Mastercard. Coinhako users have access to real-time data on all supported currencies and can join a generous points-based Rewards Program; points can be traded for bundles of crypto.

Features

  • Supports 66 cryptocurrencies
  • Multi-chain compatibility
  • User Loyalty Program
  • Crypto Wallet Services
  • Real-time price data
  • OTC services for institutions
  • Rewards Program; Crypto Bundles

Cost

  • Spread: 0.3%
  • Maker’s Fees: 1%
  • Taker’s Fees: 1%
  • Deposit Fees (Crypto): Free
  • Withdrawal Fee (Crypto): Depends on the crypto (0.002 BTC for Bitcoin)
  • Deposit Fees (Fiat): Free
  • Withdrawal Fee (Fiat): $2

Signup Bonus

20% bonus when you sign up using this link.

Best For

Investors in the Asia-Pacific region looking for a blockchain-spanning crypto wallet and an attractive Rewards Program.

9. Coinmama

Coinmama is a great option for new investors looking for an easy-to-use, intuitive platform. Despite having somewhat high fees, starting at 2.93%, with their loyalty program, you can get up to 25% off on all fees.

Coinmama supports 10 of the biggest cryptocurrencies, including Bitcoin, Bitcoin Cash, Cardano, Chainlink, Dogecoin,  Ethereum and Litecoin. With Coinmama you can withdraw and deposit crypto at no cost, and you can reach customer support by email, phone, chat and social media.

Coinmama offers many payment options and has partnered with many large companies, you can buy crypto with fiat money using Visa, Mastercard, Apple Pay, and many others. Its interface is ideal for new traders looking for a user-friendly platform.

Features

  • No-fee crypto withdrawal and deposit
  • Buy crypto with fiat money 
  • Payment options, Visa, Mastercard, Apple Pay, Fedwire SEPA, Sofot and SWIFT
  • Loyalty program for up to 25% rebate on all fees
  • Buy crypto you buy it directly from Coinmama 
  • Supports 10 cryptocurrencies
  • Secure platform, employs 2FA
  • User-friendly for both beginners and advanced traders
  • Instant account verification

Cost

  • Account Opening: Free
  • Trading Fees: From 2.93% to 3.90%
  • Credit & Debit Card: 5.0%
  • Apple Pay: 5.0%
  • SWIFT Transfers (US Banks): Free for transfers over $1,000 (£20 flat fee if < $1,000)
  • SEPA Bank Transfer: 0%
  • Bank Wire Deposit: 0%
  • Bank Wire Withdrawal:0%

Signup Bonus

15% off trading fees when you sign up using this link.

Best For

New investors looking for easy-to-use crypto exchange, instant account verification, and plenty of payment options.

Why you should trust me

  • Experienced
    I bought my first cryptocurrency (Bitcoin) in 2013, bought Ethereum in 2017, and have held active accounts with at least 5 exchanges since 2018.
  • Unbiased
    All of my selections are supported by multiple data points, including crypto thought leaders, security experts, and TrustPilot reviews.
  • Deep Research
    My team and I spent more than 20 hours researching exchanges before choosing our top picks, and we update them almost daily as the industry continues to change.
My top pick →

What To Look For In A Great Singaporean Crypto Exchange

I consider many different factors in my search for the best Singaporean crypto exchange. Here are just a few of the more prominent ones:

  • Supported coins: The best Singaporean crypto exchanges support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy-to-use trading interface is important, especially for beginners. If you’re a seasoned crypto investor, you’ll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I’ve specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It’s much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren’t moving in your favor. Depositors’ insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they’ve received.

In Summary

Choosing the best cryptocurrency exchange in Singapore isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Singapore, and have made my selections below based on years of research and personal experience.

Capital is the favorite among knowledgeable Singaporean crypto investors, both for its high level of security and for its ease of use. Capital’s fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Singapore, I can’t recommend Capital highly enough.

OPEN FREE ACCOUNT
Zero trading fees

Best Crypto Exchange Singapore FAQs

Which Singaporean crypto exchange has the lowest fees?

The Singaporean crypto exchange with the lowest fees is Capital or Pepperstone, depending on the specific crypto assets you’re trading. In most cases, Capital will be the cheapest option.

What’s the best crypto wallet in Singapore?

The best crypto wallet is the Ledger Nano S hardware wallet. It is the best way to keep your private keys secure and, more importantly, offline. All Ledger wallets are certified by the French National Agency of Security and are among the safest and most cost-efficient wallets out there, and they support 1,200+ crypto assets, coins, and tokens.

What’s the best altcoin exchange in Singapore?

The best altcoin exchange in Singapore is one of Capital, Pepperstone, or CMC Markets. All of them support a wide variety of cryptocurrencies and regularly add more of the altcoins Singaporean investors are looking for.

What is the safest crypto wallet in Singapore?

The Ledger Nano S wallet is the safest wallet available. All Ledger wallets exceed industry standards for security – they use tamper-resistant Certified Secure Element (SE), with Common Criteria (CC) EAL5+ chips on their nanodevices. Your private key stays on the secure chip. It also has a proprietary operating system called Blockchain Open Ledger Operating System (BOLOS) that has undergone audits from the French National Agency of Security and many other agencies, and they conduct regular audits from independent parties. 

What’s the safest crypto exchange in Singapore?

The safest cryptocurrency exchange in Singapore is Capital. They strictly enforce bank-level security protocols, run on servers in secure locations around the world, and undergo frequent financial and security audits to ensure all of their users’ assets are completely safe. They also have some of the lowest fees of any platform in Singapore and are known for being a reputable, trustworthy exchange.

How Can I Sell Bitcoin In Singapore?

There are several different ways to sell Bitcoin in Singapore, though the easiest is to sell it directly from the crypto wallet or exchange that you’re holding it on. Remember to be cautious whenever you transfer coins between wallets, since blockchain transactions are irreversible.

What crypto exchange is best for beginners in Singapore?

The best crypto exchange for beginners in Singapore is Capital, followed by Pepperstone. Both are ideal for beginners because they verify accounts instantly, have easy-to-use trading platforms, and provide great customer support in case you need any help along the way.

Is cryptocurrency legal in Singapore?

Yes, cryptocurrency is legal in Singapore, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Singapore, which means the Singaporean government and Singaporean businesses are not legally obligated to accept it as payment for goods and services.

What’s the best crypto app in Singapore?

The best crypto app in Singapore is Capital. Its mobile app is very easy to use, has a nice, modern interface, and has very good ratings and reviews on both the Apple App Store and the Google Play Store. If you live in a country like Slovakia or Sierra Leone instead, you’ll have to double-check to ensure you can get the Capital app in your local app store.

What is the best crypto exchange for day trading in Singapore?

The best crypto exchange for day trading in Singapore is Capital, since it has low trading fees, tight spreads, and its prices update multiple times per second, giving day traders an upper hand over the rest of the market.

Can the Singaporean government track cryptocurrency?

Yes, Singaporean tax authorities can track cryptocurrency trades and transactions—and not only when your digital assets interact with real-world institutions like banks. Some exchanges in Singapore are required by law to provide the government with information about their users’ transactions, including purchase price, purchase date, sale value, and all associated KYC data. If your tax returns don’t match the data the government receives from these exchanges, you may receive a fine.

The Best Crypto Exchanges In Canada

Best Overall

Trading fees: 0.1%
Security: 99% cold storage
Signup bonus: $50

Serving over 400,000 Canadians

★★★★★

Rated 4.9/5

$50 Signup Bonus

Trading fees: 0.2%
Security: 95% cold storage
Signup bonus: $50

Trusted by 200,000+ Canadians.

★★★★★

Rated 4.8/5

Best For Altcoins

Spreads: ~0.5%
Security: 95% cold storage
Signup bonus: $30

Low spreads, great platform.

★★★★

Rated 4.5/5