Best crypto exchanges in Singapore
Exchanges need a Payment Services Act licence to serve Singapore residents. MAS restricts retail marketing of crypto, bans incentives for retail signups and prohibits credit-card funding.
| Exchange | Score | Spot taker | Futures taker | Best for | Open account |
|---|---|---|---|---|---|
1BinanceThe deepest order books in crypto, with the widest product range. | 8.5 | 0.075%after discount | 0.05% | altcoins, futures | Open account |
2OKXA trading platform and a self-custody wallet in one product. | 8.4 | 0.1% | 0.05% | futures, defi | Open account |
3BybitA derivatives-first exchange that grew into a full-service platform. | 8.3 | 0.1% | 0.055% | futures, copy-trading | Open account |
4CoinbaseThe most regulated, most beginner-friendly and most expensive way in. | 8.2 | 1.2% | 0.05% | beginners, usa | Open account |
Currency
SGD
Regulator
Monetary Authority of Singapore (MAS)
Local payment rails
PayNow, FAST bank transfer, Debit card
Not available in Singapore
We exclude these rather than list them with an asterisk, because a ranking you cannot act on is worse than no ranking: bitget, mexc.
Tax treatment
No capital gains tax; trading as a business is taxable as income. This is orientation, not tax advice.
Regulatory summary source: Monetary Authority of Singapore (MAS) · verified 2026-09-04
Frequently asked questions
Which crypto exchanges accept Singapore residents?
4 of the exchanges we track serve Singapore: Binance, OKX, Bybit, Coinbase. Availability changes with licensing — confirm on the signup page before you plan around it.
How do I fund an account in Singapore?
The rails most used locally are PayNow, FAST bank transfer, Debit card. Bank rails are almost always cheaper than card, which carries a processing fee on top of the trading fee.
Is crypto taxed in Singapore?
No capital gains tax; trading as a business is taxable as income. This is general orientation, not tax advice — confirm your position with a local adviser.