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Singapore is one of the world’s leading economies in the realm of financial adoption. Over half of the population of this small island nation has held or currently holds crypto in their personal wallets, and this norm doesn’t seem to be letting up in the foreseeable future.
That said, with the wide adoption of crypto across the greater populace, there are a few standout crypto exchange platforms that have captured a sizable share of the local market.
Some of these crypto exchanges are homegrown and bridge the gap between everyday Singapore investors and the crypto space. Others have a more global foothold and offer features that allow advanced traders to have an easier time executing trades under ideal trading conditions.
With that being the case, this begs the question: Are there any crypto exchanges that sweep the competition out of the water? If so, what crypto exchanges come out on top in Singapore?
If you’re wondering the same thing, you’ve come to the right place. In this article, we’ll list some notable crypto exchanges that are considered to be the top players in Singapore’s financial landscape.
Let’s jump right into it!
Singapore’s Crypto Landscape: At a Glance
Singapore is one of Asia’s most financially developed economies. Besides having the second-highest GDP per capita in Asia and boasting a mature infrastructure for education and healthcare, this city-state is also quite competitive in the realm of finance and the blockchain.
This is largely attributed to the regulatory policies pushed by the Monetary Authority of Singapore, or the MAS. In particular, this government agency is responsible for stimulating economic growth for Singapore by providing licensing guidelines and implementing monetary policies that best align with the betterment of the nation and its citizens.
One of the responsibilities of the MAS is to regulate crypto exchanges. Singapore has taken a progressive yet cautious approach to crypto. For instance, crypto platforms must be registered and compliant with the relevant authorities (the MAS) under the updated Payment Services Act (PS Act).
As of 2025, there are about 33 fully licensed crypto providers in Singapore. These crypto exchanges have duly met compliance requirements with anti-money laundering, counter-terrorism financing, and user protection laws. The field is so competitive, in fact, that you can ask any Singaporean investor their opinion on thebest crypto exchange in Singapore, and they’ll all have different answers.
With many crypto exchange platforms offering hundreds of digital assets to Singapore locals, there’s no better time to invest in cryptocurrency and explore the blockchain solutions than in 2025. This field is thriving and continuing to evolve, leaving no room for doubt that crypto is an asset that’s valued by a vast majority of the population.
Ultimate Crypto Exchanges in Singapore in 2025
We’ve gathered some of the best crypto exchanges in Singapore and paired them against each other in this article. So, without further ado, let’s take a look at some of the leading crypto exchanges you can find in the country, as well as the reasons why they’re some of the country’s best.
Independent Reserve SG
One of Singapore’s most trusted crypto exchange platforms is Independent Reserve, and for good reason. While this company was founded in Australia in 2013, it expanded to Singapore in 2021 and is recognised as the first MAS-licensed crypto exchange under the PS Act.
Its fame and national recognition contribute to its continued patronage among Singaporean locals. In fact, thousands of local investors continue to use Independent Reserve as their platform of choice, and the number continues to grow due to the continuous updates and support the website offers to its customer base.
This platform has a tonne of things going for it: top-notch security to prevent hacker penetration, segregated funds to ensure tokens are uniquely owned by users, and ISO 27001 certification to remain globally competitive.
On top of that, this crypto exchange platform also grants users access to some of the most popular cryptocurrencies and a fair number of niche ones. Obvious contenders like Bitcoin, XRP, and Ethereum are present and readily available to trade.
Fees are fairly minimal, with trading fees starting at 0.5% and going as low as 0.02%. Moreover, withdrawal fees are also based on volume and type, with USD SWIFT withdrawals costing $20 USD and assisted transfer fees costing $20 USD. Deposits are free. Each withdrawal fee per crypto network also has its own associated cost.
In addition to the top cryptocurrency tokens, smaller, up-and-coming tokens that have solid fundamentals and an upward trajectory in terms of pricing and potential can also be bought and sold. So if you’re on the lookout for a reputable exchange website, Independent Reserve Singapore is a solid pick for most beginner and advanced traders.
Coinhako
Another top player in the crypto exchange field is Coinhako. Founded in 2014, this website is one of Singapore’s oldest homegrown crypto exchanges, allowing locals to buy, sell, and trade digital tokens using local fiat currencies.
One of the points where Coinhako excels the most is its user-friendliness. It has features such as price alerts and portfolio tracking that make it great for new traders to get started with their trading journey. It also comes with advanced features such as OTC services for high-profile traders.
Coinhako is also one of the few crypto sites that allow users to deposit in SGD directly. This makes it a highly convenient option for locals who don’t want to go through the hoops of converting their SGD into USD.
There are multiple alternative payment options as well, such as PayNow and bank transfers. Trading fees are typically 0.6% for spot trading and lower for stablecoin-to-fiat trades.
Its local roots don’t mean this website lags behind in terms of its offerings—far from it. For one, the website is licensed under the PS Act. It’s also ISO and SOC certified, ensuring top-notch security and encryption against cybersecurity threats. It also offers educational resources to help users stay safe and vigilant when dealing with crypto transactions online.
Crypto.com
Crypto.com is a popular crypto exchange that’s among the world’s most recognised. It’s also one of the best crypto exchange platforms in Singapore. This can be attributed to a couple of reasons.
For one, Crypto.com has a comprehensive ecosystem that supports crypto traders of all levels, from beginners to advanced traders. This ecosystem contains hundreds of cryptocurrencies available for trade, as well as robust charts with technical indicators and real-time moving price and market volumes.
Secondly, this platform also allows bank transfer deposits and a slew of other payment methods, making it a highly accessible choice for most Singaporean locals, at a transaction fee that scales lower the higher your trading volume is.
Moreover, this website also has its own Visa card for frequent users. Frequent use of this card allows users to access cashback and perks for their crypto holdings, particularly crypto.com’s exclusive CRO token. The website also has a smartphone app, making access to your crypto trading needs all the more accessible.
Coinbase Singapore
If you want to have a wide range of cryptocurrencies readily available for purchase right at your fingertips, then Coinbase Singapore is a superb option.
Not only is this crypto platform’s brand globally recognised, but it’s also secure and very transparent, with quarterly financial statements and multi-approval withdrawal features to give users a sense of trust when they transact on the website. It’s also FDIC insured, ensuring that users won’t be at a complete loss in the very minuscule chance that a user loses their funds.
But what makes Coinbase an exceptional website is the intuitive user interface. This doesn’t only apply to the desktop version; the mobile app is beginner-friendly and sleek for trading, holding, or simply reviewing one’s portfolio.
With its credibility, the transaction fees range a little bit higher than average (at about 0.6%), especially if you’re just making small transactions. However, for larger transactions, this platform can be exceptional and quite competitive. This is especially true if you’re using their built-in Advanced Trade platform.
The Ideal Crypto Exchange Website in Singapore: What Tops it All?
With all that said and done, this begs the question: what Singapore crypto exchange platform is the best among the bunch?
The truth is that there’s no single one that’s sweepingly superior over the rest. While some may beat others in terms of affordability, others could beat it in terms of ease of use and customer interface.
Moreover, there’s also the matter of subjective preference. Some users may prefer different payment methods or only deal with low-value transactions. On the other hand, some users may want to hold a niche token that’s only available in one of the many great crypto exchanges.
Ultimately, the best crypto exchange is the one that fits your needs the best. As this is the case, be sure to do your research before choosing a platform to store and grow your crypto holdings.
All the best in navigating your crypto journey!
