The cryptocurrency landscape in Singapore continues to evolve rapidly, with increasing adoption among retail and institutional investors alike. As digital assets gain mainstream traction, choosing a reliable, secure, and user-friendly crypto exchange has become more important than ever. This guide highlights the top cryptocurrency exchanges in Singapore for 2025—carefully evaluated based on security, fees, supported assets, ease of use, and regulatory compliance.
Whether you're a beginner taking your first steps into crypto or an experienced trader looking for advanced tools, this list will help you make an informed decision tailored to your investment goals.
Why Trust Matters When Choosing a Crypto Exchange
With the rise in digital asset popularity comes an equal rise in scams and unregulated platforms. A trustworthy crypto exchange should offer strong security protocols, transparent fee structures, responsive customer support, and ideally, regulatory oversight. In Singapore, the Monetary Authority of Singapore (MAS) plays a crucial role in shaping a safe trading environment by licensing compliant platforms.
Platforms that adhere to MAS guidelines—or operate under transitional exemptions—are generally safer choices. Additionally, features like two-factor authentication (2FA), cold storage of funds, and insurance coverage further enhance user protection.
Top 5 Cryptocurrency Exchanges in Singapore for 2025
1. Gemini – Most Secure Crypto Exchange in Singapore
Founded in 2014 by the Winklevoss twins, Gemini has built a global reputation for security and regulatory compliance. It’s one of the few exchanges worldwide to achieve both SOC 1 & SOC 2 Type 2 certifications and ISO 27001 accreditation—making it a leader in operational integrity.
Gemini supports SGD deposits, allowing Singaporeans to start trading immediately across more than 90 cryptocurrencies. Its dual-interface design caters to all experience levels: a simplified view for beginners and an advanced ActiveTrader platform for professionals.
Key features include:
- High-grade security: Never hacked since launch; insured custodial holdings.
- Direct SGD funding: Fast bank transfers and PayNow integration.
- Additional services: Gemini Earn (interest on holdings), Gemini Pay (crypto payments), and Gemini Wallet (self-custody option).
- Trading fees: 0.25% maker fee and 0.35% taker fee, with volume-based discounts.
Gemini is ideal for users who prioritize safety and long-term trustworthiness over ultra-low fees.
2. Kraken – Best for Low Fees and Advanced Trading
Kraken, based in the U.S., is renowned for its low trading costs and robust feature set. With maker fees starting at 0.16% and taker fees at 0.26%, it remains one of the most cost-effective options for active traders.
Kraken offers access to over 200 cryptocurrencies and supports spot trading, margin trading, futures contracts, and forex pairs. Its clean interface makes it beginner-friendly, while advanced charting tools and API access appeal to professionals.
Additional advantages:
- 24/7 live chat support: Rare among major exchanges.
- Strong security measures: Multi-layered authentication and encrypted storage.
- OTC desk: For high-volume trades without market slippage.
- Regulatory compliance: Operates under exemptions while transitioning under MAS framework.
Kraken strikes an excellent balance between affordability, functionality, and reliability.
3. Crypto.com – Best Mobile App & Staking Platform
Crypto.com stands out with its sleek mobile application and extensive staking options. The platform supports over 250 cryptocurrencies and allows users to earn up to 12.5% APY on more than 40 stakable coins.
Staking rewards increase with longer lock-up periods—flexible staking offers lower returns but instant withdrawal access. Users who stake the native token, Cronos (CRO), unlock additional perks such as higher interest rates, subscription rebates (Netflix, Spotify), and airport lounge access via the Crypto.com Visa card.
Highlights:
- User-friendly mobile app: Intuitive design with one-click trading.
- Built-in wallet and card services: Spend crypto directly using the debit card.
- Insurance coverage: Protected digital assets up to $750 million.
- Fee structure: Fees are embedded in the spread; no hidden charges.
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4. Zipmex – Leading Singapore-Based Exchange
As a homegrown platform launched in 2018, Zipmex has earned local trust through ease of use and SGD integration. It supports over 50 cryptocurrencies and offers flexible staking options including ZLaunch, where stakers earn rewards in new project tokens.
Trading fees start at 0.2% for both makers and takers—reducible by staking the native ZMT token. For instance, holding 100 ZMT lowers fees to 0.18%. The platform also provides detailed charts and advanced order types for technical traders.
Key benefits:
- Local support: Live chat assistance available during business hours.
- ZMT staking incentives: Discounted fees and boosted yields.
- Fast SGD deposits/withdrawals: Seamless fiat gateway for Singaporeans.
Zipmex is perfect for users who value regional presence and community-focused service.
5. Independent Reserve – MAS-Approved & Best for High-Value Investors
Established in Australia in 2013, Independent Reserve expanded into Singapore and became one of the first exchanges granted approval by MAS to operate legally. This regulatory status makes it a top choice for conservative or high-net-worth investors.
It supports SGD transactions and offers optional cryptocurrency insurance through Premium Accounts:
- **Starter Account ($300/year)**: Up to $20,000 coverage + phone support.
- **Diamond Account ($35,000/year)**: Up to $5 million coverage.
While trading fees are relatively high at 0.5%, they decrease with trading volume. The platform lists 27 major cryptocurrencies—enough for core portfolio needs but limited compared to others.
Why choose Independent Reserve?
- MAS licensing: Regulatory legitimacy ensures compliance.
- Crypto insurance: Unique offering for asset protection.
- Phone-based customer service: Personalized support for premium users.
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Frequently Asked Questions
Is cryptocurrency banned in Singapore?
No, cryptocurrency is not banned in Singapore. The Monetary Authority of Singapore (MAS) allows trading and ownership of digital assets but regulates marketing practices to protect retail investors from excessive risk exposure.
Which crypto exchanges are MAS-approved?
As of 2025, Independent Reserve and DBS Vickers are officially licensed by MAS. Other platforms operate under transitional exemptions while working toward full compliance under the Payment Services Act.
Is Crypto.com legal in Singapore?
Yes, Crypto.com is fully operational in Singapore. It complies with local regulations and offers SGD trading pairs, staking services, and a regulated payment card program.
Can I use Binance in Singapore?
Binance no longer serves Singaporean users directly due to regulatory restrictions. Residents are encouraged to use compliant alternatives such as Kraken, Gemini, or Independent Reserve.
Can I buy crypto with SGD easily?
Yes—most top exchanges including Gemini, Kraken, Zipmex, and Independent Reserve support direct SGD deposits via bank transfer or PayNow, enabling seamless onboarding.
Are there crypto exchanges with insurance in Singapore?
Yes. Independent Reserve offers optional cryptocurrency insurance through its premium account tiers. Gemini and Crypto.com also provide custodial insurance as part of their security frameworks.
👉 Compare insured crypto platforms that protect your investments against theft and breaches.
Choosing the right crypto exchange in Singapore depends on your priorities—be it security, low fees, mobile experience, or regulatory approval. All platforms listed here have been vetted for reliability and performance in the local market.
As the crypto ecosystem matures under stronger oversight, aligning with compliant, transparent exchanges will be key to long-term success. Always conduct personal research and consider starting small before scaling your investments.