10 Best Singapore Crypto Exchanges in 2025

After researching all of the leading crypto exchanges in Singapore, we are happy to announce that we have finalized our top picks. We evaluated the platforms on a range of qualitative factors and metrics, gathered community feedback, and personally tested each of the exchanges to make sure they delivered on their promises.

In this article, we will present you with our recommendations for the best crypto exchange in Singapore for all kinds of trading styles and experience levels. We will also highlight the key qualities you should take into account when choosing an exchange, show you how to start trading, and tell you all you need to know about crypto taxes in Singapore.

Key Takeaways

• The best Singapore crypto exchanges in 2025 are M2, eToro, Gemini, LBank, Coinbase, Kraken, EXMO, Bitfinex, Cube Exchange & LocalCoin Swap.
• Choosing a crypto exchange is a key decision that can affect almost every aspect of your crypto trading experience.
• The best way to ensure that the exchange you trade on is trustworthy and reliable is to choose a platform licensed for operation in Singapore.
• Considering that most crypto exchanges offer little to no insurance, you want to trade on a platform that offers advanced security measures.
• You also want to make sure that the exchange you trade on is highly liquid, supports SGD, and charges minimal trading fees.
• While Singapore does not impose capital gains taxes, certain crypto-related activities are still subject to taxation.

Best Crypto Exchanges Singapore 2025 Are…

Why Trust Webopedia?

Each of the platforms that we recommend has been thoroughly researched, evaluated, compared, and tested firsthand. We base our evaluations on user experience and performance in several key areas, including ease of use, security, liquidity, affordability, and others.

Compare Singaporean Crypto Exchanges

This comparison chart highlights key differences between popular crypto exchanges available to Singaporean users in 2025.

How to Choose a Good Crypto Trading Platform in Singapore?

Finding a reliable Singapore crypto exchange is one of the most important steps and a strategic choice for your success as a crypto trader. With the right exchange, you can identify emerging trends before anyone else, trade quickly, smoothly, and efficiently, and maximize your returns.

A bad exchange, on the other hand, can scam you, steal your funds, or even shut down without giving you any prior notice.

While assessing the overall quality of a crypto exchange takes quite a bit of research, as a user, you can narrow your options down by evaluating platforms on several basic criteria, including:

• License & Regulation Compliance
• SGD Payments
• High Standard Security
• Minimal Trading Fees
• High Liquidity
• Modern Trading Software
• 24/7 Customer Support
• Large Choice of Crypto Assets
• Any Kind of Insurance
• Reputation and History

In the sections that follow, we will break down each of these factors and explain why they matter to help you understand what you need to look for when choosing the best SG crypto exchange for your trading needs.

License & Regulation Compliance

One of the most important things you should be looking into when researching crypto exchanges in Singapore is their licensing and registration. Given that Singapore is a country where crypto is regulated, all platforms that want to offer crypto trading services must hold the appropriate licenses and approvals for legitimate operation.

Crypto exchange licenses are stamps of approval granted by the financial authorities only to those platforms that exhibit adequate security, transparency, and financial stability in their operations. In other words, trading on a licensed exchange is not just about staying compliant, but a proactive way to keep your funds and personal information safe and secure.

SGD Payments

Another defining feature of a top Singapore crypto exchange is native support for the Singapore dollar (SGD). Considering that the SGD is not the most widely used currency in the world, the mere presence of direct support for it on the exchange should indicate the platform’s dedication to serving the Singaporean market.

Such localization often grants unique benefits to local traders, such as support for region-specific payment methods and e-wallets commonly used by Singaporean users. It also means the exchange allows users to deposit fiat directly in SGD and avoid those pesky conversion steps and the extra fees that come with them.

High Standard Security

When joining a crypto exchange, users agree to share certain sensitive information and hand over custody of their funds to the platform. As such, security should be a natural concern when choosing which SG crypto exchange you want to join.

To ensure that the platform you are joining takes security seriously and does well to create a safe environment for its traders, you should look for an exchange that offers the following security measures:

• Two-factor authentication
• Biometric verification
• End-to-end encryption
• Security key integration
• Options for cold storage
• Suspicious activity alerts
• Anti-phishing mechanisms
• Withdrawals whitelisting

These security features can help you protect your data from breach attempts and keep your funds as safe as possible.

Minimal Trading Fees

Beyond the fundamental concerns like trustworthiness and security, you also need to think about your profitability when looking for the best crypto exchange in Singapore. In addition to making the wrong trading decisions, trading fees are the second biggest adversary that can diminish your returns when trading cryptocurrencies.

This is why you want to try your best to minimize their effect by carefully choosing a crypto exchange that charges reasonable trading fees. Furthermore, you also want to find an exchange that uses a fee structure that works best for your trading style, whether it is a flat fee, taker/maker, or a tiered trading fee model.

High Liquidity

Liquidity is the ease, or difficulty, with which exchanges can execute trades in real-time at the expected market price. This is because centralized crypto exchanges rely on a matchmaking system to pair buy orders with matching sell orders. To be able to match everyone’s orders, exchanges need an active user base that consistently generates large trading volumes.

• Highly liquid exchanges can easily fill your order and execute your trade quickly at the current market price.

• Exchanges with low liquidity may not have the necessary trading volume to fill your order immediately, so they may postpone the trade execution until a match is found. Alternatively, they may also adjust the execution price to match what’s available in the market and execute your trade at a less favorable rate.

To avoid having your trades delayed or paying more than expected, you should try to find a Singapore crypto exchange with deep liquidity.

Modern Trading Software

In addition to reliability and cost-effectiveness, the best crypto exchanges in Singapore would also provide you with top-tier usability and functionality to support your trading. This involves a neatly designed, user-friendly trading interface that offers all the necessary features to analyze the market, manage orders, and execute trades efficiently, including:

• An easy-to-use platform, compatible with both PCs and mobile devices
• Access to market data in real-time, with indicators and charting tools
• Support for multiple order types, including stop-loss, trailing stop, and take-profit orders
• Tools for portfolio tracking and management, including performance, history, etc
• Options for customization and personalization

Having access to a well-rounded set of features will not only make things easier and more convenient for you, but it can also give you the necessary insights to understand market trends, and support your decision-making when trading.

24/7 Customer Support

Another important but often overlooked consideration when choosing the right SG crypto exchange for your needs is having access to a responsive and reliable customer support team. Errors, bugs, and glitches are unavoidable on any digital platform, and having no one to help you when encountering one can be extremely frustrating.

Especially when running into an issue associated with payments, withdrawals, or anything related to their funds, users can instantly go into panic mode. For this reason, it is important that the exchange you trade on has the means to quickly respond to your problem and come up with an effective solution that will get you back on track.

Large Choice of Crypto Assets

While as a beginner, you may be only interested in trading one or two popular coins, over time, as you gain experience, your interest may broaden, and your strategy may evolve.

To support your growth and give you room to adapt, the best crypto exchange in Singapore must list a diverse variety of coins, including:

• Major cryptocurrencies like BTC and ETH
• Popular altcoins like XRP, SOL, MATIC, BNB, and ADA
• Widely used stablecoins like USDT and USDC
• Trending memecoins like DOGE, PEPE, and SHIB
• DeFi tokens like LINK, DAI, AAVE, and UNI
• Utility coins like DOT, ATOM, and XMR

Additionally, the exchange should constantly add new coins to its listing catalog to reflect the emerging trends and shifts in market demand.

A large part of growing as a trader is discovering new investment opportunities and hedging your positions in times of market volatility, so having access to a wide range of coins can be a key advantage.

Any Kind of Insurance

For crypto exchanges, insurance is a luxury, rather than the standard. Unlike traditional financial institutions, crypto trading platforms are not legally required to provide any kind of insurance coverage to their users. Most platforms simply disclose the risks and advise their users to activate all the security measures to protect their accounts from theft.

Only the very best crypto exchanges in Singapore maintain emergency funds that can provide any sort of recourse to users in worst-case scenarios. However, we must point out that not even these platforms cover individual hacks or breaches due to credential mismanagement, so be sure to understand their policies and protect your account.

Reputation and History

At last, but certainly not least, checking the background and history of the platforms is another essential step when evaluating crypto exchanges in Singapore.

• When was it launched?
• How long has it been in operation?
• Who are its founders?
• Has it dealt with security breaches in the past?
• If it has, how did it respond and recover?
• What do its users say about it?

These are just some of the most important questions you might want to ask around and conduct research on before you decide to trust a crypto exchange with your money.

Read Next

• How to Buy Bitcoin
• Best GPUS for Mining Bitcoin
• Best Crypto Mining Apps

Crypto Apps in Singapore - Why Are They Important?

In addition to all the features we mentioned earlier, how well the platform does on mobile is also an important factor you need to consider when choosing a crypto exchange.

Even though most platforms nowadays are available on mobile, only the top crypto exchanges in Singapore offer fully optimized, dedicated mobile apps that replicate the full desktop functionality and deliver a smooth, intuitive trading experience on mobile devices.

By using these mobile crypto apps, users can:

• Enhance their account’s security with biometric verification (face scan, fingerprint ID)
• Securely and conveniently sign transactions by scanning QR codes with their cameras
• Monitor market trends on the go and react quickly to shifts using one-tap trading
• Set custom alerts on important events like price movements and order executions

In other words, the mobile apps of the best exchanges not only allow traders to trade remotely, but also bring additional value to their trading. They introduce features that are not available, or not as practical on the desktop, and are a core part of any successful trader’s setup.

How To Register on a Singaporean Crypto Exchange

If you’ve already looked into the best crypto exchanges in Singapore and found one that you’d like to join, all that is left is to register, log in, and start trading. If you need help getting started, you can find detailed instructions below on how to sign up with any exchange and add funds to your balance.

Step 1 - Signing Up

1. Go to the exchange’s official website or download its official app
2. Click or tap on the “Sign Up” or the “Register” button
3. Follow the onscreen instructions and enter the necessary information to create your account

Step 2 - Activating Your Account

1. In most cases, the exchange will require you to activate your account before it becomes usable
2. Check the inbox of your email for a confirmation email sent by the exchange
3. Click or tap on the link in the confirmation email to activate your account
4. Go back to the exchange’s homepage and log in

Step 3 - Verifying Your Identity (KYC)

1. In addition to activating your account, most exchanges will also like to verify your identity before they allow you to use all of their features
2. Initiate the KYC verification process from the exchange’s platform
3. Submit the necessary information for confirmation and await your approval

Step 4 - Protecting Your Account

1. Before you start making transactions, it is a good idea to maximize the security of your account
2. Go to the security settings and enable two-factor authentication
3. Go to the login preferences and enable biometric verification

Step 5 - Funding Your Account

1. Deposit either cryptocurrencies or fiat currencies into your account to start trading. If you don’t know how to:

Here’s a guide on how to send crypto from wallet to wallet

Here’s a guide on how to buy crypto with a credit card

After depositing funds to your account’s balance, you’ve completed the initial setup, and now you’re finally ready to make your first crypto trade.

Crypto Taxes in Singapore - What You Need to Know

Singapore is widely recognized for its efficient and business-friendly tax laws, applicable to both individuals and corporations. The same pragmatism and business-mindedness also apply to Singapore’s crypto tax laws. While crypto activities in Singapore are not completely tax-free, they are still very lenient compared to many other countries.

To help you understand the taxable events, tax rates, and standard exceptions in Singapore’s crypto taxation, we created this table that breaks down all the essential information at a glance.

In simple terms, engaging with crypto out of curiosity, investing in a single coin, or setting up a small mining operation at home is not taxable in Singapore. However, trading professionally, selling goods and services for crypto, or launching a mining farm is taxable.

Depending on the scale of your operation, you may be subject to personal or business income tax on your crypto activities.

For the most accurate information, we strongly recommend consulting a professional tax advisor familiar with Singapore’s cryptocurrency tax regulations.

How to File Taxes on Crypto in Singapore

As we just established, Singapore does not impose capital gains tax on its taxpayers, but there are still taxable events related to crypto that may subject you to taxation. If you need to file crypto taxes, you may find the simple step-by-step guide below helpful:

Step 1 – Determine if Your Crypto Activity Is Taxable

• • Taxable events may include:
    • Trading frequently and generating large volumes
    • Earning a steady and consistent income
    • Running professional-level operations

Step 2 – Record All Your Crypto Transactions

• • Keep detailed records of information like:
    • Transaction dates
    • Type and quantity of crypto involved in the transaction
    • Value of the transaction in SGD
    • Purpose of your transaction

Step 3 – Calculate Your Taxable Income

• • Using a fair market value, add up your earnings from:
    • Profits from trading
    • Payments received in crypto
    • Staking, lending, and mining rewards

Step 4 – Report Income on Your Tax Return

• • Log in to myTax Portal using SingPass
  • Declare your crypto-related income under the correct category
    • Other Income in Form B or B1 for individuals
    • Trade income in Form B, B1, or Form C for businesses

Step 5 – Submit Your Tax Return by the Deadline

• • Check out the official IRAS website for the latest tax filing deadlines
  • File on time to avoid penalties and ensure compliance

Once again, if you think you need some help with questions about taxation or your reporting obligations, be sure to consult a professional tax advisor.

Final Tips

Finding the best crypto exchange in Singapore is not about discovering the most popular option, but rather, matching the platform’s qualities with your personal needs. While essentials like reliability, transparency, security, and affordability should always be prioritized, ultimately, you will make the final choice based on your own taste and preferences.

Frequently Asked Questions