Key Takeaways:
Zengo keeps its first-place position with keyless 3FA and customizable network fees, Uphold combines 250+ cryptocurrencies with live reserve transparency, and Kraken offers advanced orders, API access, staking, and margin trading for experienced users.
- Zengo opens accounts in under a minute, supports 1000+ assets, and charges nothing for account opening, deposits, or withdrawals.
- Uphold charges 0.8% for makers and 1.5% for takers; card, Google Pay, and Apple Pay deposits cost 3.99%, while debit-card withdrawals cost 1.75%.
- Zoomex permits no-KYC access, supports SGD express purchases, and charges 0.02% for makers and 0.06% for takers.
- Coinhako is tailored to SGD banking and charges a $2 base withdrawal fee in Singapore, while Binance deposits are free and Zipmex withdrawals start at 0.0002 BTC.
Singapore’s enthusiasm for digital assets and blockchain has made the exchange market crowded. Choosing among the options can still be difficult because liquidity, security, compliance, fees, and usability vary widely.
More than 110 hours went into comparing 55+ platforms. The seven exchanges below were assessed for safety, scalability, verified pricing, distinctive functions, limitations, and usefulness to both new and professional traders.
7 Best Crypto Exchanges in Singapore at a Glance
Here are 7 leading Singapore crypto exchanges I recommend you consider:
- Zengo — Keyless 3FA, Web3 Firewall, flexible gas settings, 1000+ assets, and staking.
- Uphold — Multi-asset trading, assisted self-custody, reserve reporting, token baskets, and early listings.
- Kraken — Margin, advanced orders, API automation, 250+ assets, education, and NFT trading.
- Zoomex — No-KYC access, CEX/DEX modes, SGD express purchases, and low-latency execution.
- Coinhako — SGD and USD support, recurring buys, alerts, OTC services, and local bank integration.
- Binance — 400+ cryptocurrencies, spot trading, Binance Earn, Smart Chain, Launchpad, and Trust Wallet.
- Zipmex — Mobile-first trading, interest products, ZMT benefits, ZLaunch, and SGD support.
Singapore Crypto Exchange Comparison
| Tool | Best feature | Deposit fee | Withdrawal fee | Link |
|---|---|---|---|---|
| Zengo | Keyless Software to make quick Crypto Purchases | $0 (Free) | No Fee | Learn More |
| Uphold | Best for multi-asset trading | $0 (Free) | No Fee | Learn More |
| Kraken | Easy-to-use interface and beginner-friendly | $0 (Free) | Depends on the Cryptocurrencies | Learn More |
| Zoomex | Best for secure and fast crypto | $0 (Free) | Depends on the Cryptocurrencies | Learn More |
| Binance | Convenient for experienced traders. | $0 (Free) | Fiat fee, depending on the blockchain network commission. | Learn More |
A suitable Singapore exchange should combine strong security, low costs, an accessible interface, and compatibility with the local financial institutions a trader uses.
In-Depth Singapore Exchange Reviews
1) Zengo
Keyless software for rapid crypto purchases
Zengo is a dependable Web3 wallet whose account setup took less than a minute. Three-factor authentication replaces the conventional private key, allowing ownership with recovery through a secure two-step process.
Its 24/7 human support and broad asset coverage are particularly useful in volatile markets. NFT traders are given as a case where secure cross-device access and recovery matter.
Key Functions
- MPC, 3FA, and Web3 Firewall: 3D FaceLock, encrypted cloud backup, and email protect withdrawals and dApp approvals, while the firewall warns about suspicious contract calls. FaceLock rejected a spoof image during testing.
- All-in-one wallet: More than 1000 assets can be bought, sold, swapped, sent, received, and stored. A Visa BTC purchase was swapped to SOL inside the app, and SEPA and SWIFT support broader liquidity.
- Three network speeds: Economy, regular, fast, and custom gas choices apply to Bitcoin, Ethereum, and ERC-20 transfers.
- Cancel or accelerate: Pending sends can be replaced, stopped, or sped up from transaction history without manual replace-by-fee work.
- ETH and XTZ staking: Ethereum and Tezos can earn rewards in-app, with real-time tracking and reliable Tezos credits during testing.
- 24/7 people: An agent provided step-by-step DeFi guidance within two minutes during a late-night approval.
Benefits
- Buying and selling are available inside the Bitcoin wallet app.
- 3FA adds strong protection.
- The interface is easy to use.
Limitations
- The narrower coin list restricted trading choices.
- The wallet is not fully non-custodial.
Fees
Account opening, deposits, and withdrawals are all free.
Free Wallet
2) Uphold
Trading and early token discovery
Uphold is a user-focused global exchange with fast registration and intuitive navigation. Excluding margin trading and NFTs can make it less confusing for first-time investors.
SOC 2 and ISO 27001 certifications support backend security. The source also notes that real-estate consultants use Uphold for cross-border crypto transfers and international diversification.
Key Functions
- Spread pricing: Costs are built into the buy/sell difference, with quotes locked for 15 seconds and no separate hidden charge.
- Uphold Vault: Assisted self-custody combines user-held keys, multi-key protection, and recovery guidance.
- USD interest: Singapore users can earn up to 4.5% APY in FDIC-insured USD accounts, with auto-conversion useful during volatility.
- Early token listings: Promising projects may appear before major exchanges, as happened with a tested mid-cap token.
- Cross-border transfers: A Singapore-to-U.S. transfer took under five minutes, with multiple currencies, live FX, and rate locking.
- Curated baskets: Themes such as “The Big Three” diversify across assets with one action.
- 30-second transparency: A live dashboard refreshes assets and liabilities and aligned with public-chain data during market events.
Benefits
- Opening an account is quick.
- The transparent balance sheet reflects a model that does not lend user funds.
- Crypto, fiat currencies, metals, and stocks are tradable.
Limitations
- The fee structure can be confusing when planning trades.
Fees
Maker fees are 0.8% and taker fees are 1.5%. Card, Google Pay, and Apple Pay deposits cost 3.99%. Withdrawals have a 0% fee except debit-card withdrawals at 1.75%.
3) Kraken
Advanced tools for experienced traders
Kraken combines high performance, institutional-grade security, and transparent costs. Staking and margin features support serious investing, while rapid execution and live market information aid strategy.
The platform is also cited as part of financial-advisor workflows for managing tokenized assets.
Key Functions
- Up to 5x margin: Selected pairs support leverage, which can hedge short-term positions but increases volatility risk.
- 250+ cryptocurrencies: Major coins and lesser-known altcoins support diversified portfolios.
- Multiple fiat currencies: USD, EUR, and JPY deposits and withdrawals can reduce conversion costs; weekday wires cleared faster in testing.
- Learn Center: Articles, videos, tutorials, and practical staking guides cover beginner through advanced topics.
- Advanced orders: Stop-loss, take-profit, conditional orders, and expirations automate risk management.
- Developer API: Documentation supports bots and integrations such as TradingView and Hummingbot; one script traded on volume spikes.
- NFT marketplace: Ethereum and Solana collectibles are supported, with gas absorbed for eligible collections.
Benefits
- The design is simple and intuitive.
- High liquidity can reduce slippage.
- Holdings can generate passive income.
- Cold storage and 2FA strengthen security.
Limitations
- Some trades were less cost-effective because of higher charges.
Fees
Taker fees start at 0.40% for lower volumes and can fall to 0.000% at the highest tiers. Deposits are free, and withdrawals cost 0.00002 BTC.
4) Zoomex
Secure, rapid crypto execution
Zoomex supplied a feature-rich workflow across mobile and desktop. Low-latency transactions and strong security improved performance while traveling.
The high-speed engine may suit timing-sensitive trades, and financial advisors are cited as users of its multi-asset execution for client portfolios.
Key Functions
- No mandatory KYC: Account setup takes minutes, reducing barriers for privacy-focused traders and strategy testing.
- Hybrid CEX and DEX: Users can switch between centralized convenience and decentralized control, with automatic liquidity-pool routing available.
- SGD Express Purchase: Fiat and cards can deliver crypto in under five minutes during market dips.
- Trade Arena: A gamified prediction market advertises potential returns up to 1000x, with volatility and news timing materially affecting outcomes.
- Smart contracts: Personal-wallet trades retain custody until confirmation; small MetaMask tests help users understand gas and contract behavior.
- User-led updates: Feedback can be sent from the dashboard, and an order-book filter suggestion was implemented within two weeks in early 2024.
Benefits
- Security measures inspired trust.
- Liquidity and transaction speed are high.
- The interface is easy while still providing advanced tools.
Limitations
- The tradable coin and pair selection is narrow.
Fees
Maker fees are 0.02% and taker fees are 0.06%.
5) Coinhako
Local support for Bitcoin and SGD trading
Coinhako combines local-bank support with a dependable, uncluttered interface. Compliance and security receive serious attention without overwhelming the dashboard.
Singapore startup founders are cited as users of its local assistance and rapid SGD transfers for treasury management.
Key Functions
- SGD and USD: Direct support avoids third-party currency conversion; linking a local bank can reduce delay and hidden costs.
- Recurring purchases: Daily, weekly, or monthly schedules enable dollar-cost averaging and can be aligned with payday.
- Custom alerts: App and email notifications can use fixed prices or percentage-change thresholds.
- Rewards: Trades and referrals produce points redeemable for fee reductions.
- Wallet security: Cold storage, 2FA, withdrawal whitelists, and added verification protect funds.
- OTC service: Large trades can receive discreet execution and responsive settlement without moving the market.
- Google Cloud: Infrastructure supports uptime, fast loading, and reduced peak-hour lag.
Benefits
- The wallet was reliable and efficient.
- Fiat deposits are accepted.
- OTC, Accredited Investor, and Individual account types are available.
Limitations
- Limited coin choices reduce portfolio flexibility.
Fees
Deposits are free. Singapore withdrawals carry a $2 base fee, withdrawals elsewhere start from 2%, and opening an account is free.
6) Binance
Many crypto functions in one platform
Binance provides smooth staking, futures, and risk controls for Singapore investors. Its scale can suit both hobbyists and full-time traders, and a temporary MAS license is presented as a local compliance signal.
Retail investors are cited as users of staking and yield farming for cost-efficient passive crypto exposure.
Key Functions
- 400+ spot assets: Deep liquidity supports majors and smaller altcoins, with custom pairs in the advanced view.
- Binance Smart Chain: BSC supports contracts and dApps with lower costs, fast confirmations, and MetaMask testnet/mainnet switching.
- Binance Earn: Flexible and locked staking, savings, and liquidity farming can generate passive returns; a 30-day BNB lock produced steady returns.
- Localized service: Local banks and MAS-guideline adaptation simplify Singapore deposits and withdrawals.
- Trust Wallet: DeFi access can remain on mobile with optional biometric protection.
- Launchpad: Early token offerings may depend on BNB holdings; one example later gained over 500%.
- Compliance: Faster, more secure KYC has strengthened regional and global safeguards.
Benefits
- Low transaction fees preserved value.
- The cryptocurrency selection is extremely large.
- Signup is quick.
Limitations
- New users receive little interface guidance.
- Withdrawal costs can be considerable depending on volume.
Fees
Deposits and account opening are free. Fiat withdrawal costs depend on the applicable blockchain network commission.
7) Zipmex
Customer support and mobile-first earning
Zipmex balances crypto trading with earning products in a mobile-first experience. Interest-like tools sit inside the exchange, while ZMT can reduce costs and support the ecosystem.
Even casual investors may increase returns by locking tokens or holding assets on the platform.
Key Functions
- High liquidity: The source attributes consistently fast execution, broad pairs, minimal peak-hour slippage, and useful limit orders to Binance.
- ZMT benefits: Singapore users managing Zipmex can lower charges and enter partner campaigns according to token thresholds.
- ZipUp+: Stablecoins such as USDC earned flexible returns without lockup, with automatic deposit subscription for compounding.
- ZLaunch: Early-stage campaigns allocate rewards according to staking; joining on the first day improved allocation odds.
- Mobile app: The source describes Binance mobile trading, staking, wallet tools, charts, biometrics, and Southeast Asia travel stability.
- Security: The source also describes Binance 2FA, wallet whitelisting, AI risk alerts, and activity logs.
- Zipmex Card: Mastercard merchants can accept converted crypto, with crypto cashback and liquid assets such as USDT reducing delays.
Benefits
- Deposited crypto can earn interest.
- Trading pairs are varied.
- USD, SGD, and AUD are supported.
Limitations
- Market tools and trading choices are limited.
- Order types are limited.
Fees
Deposits have no fee. Withdrawal charges start at 0.0002 BTC.
The Best Way to Buy Bitcoin in Singapore
A credible exchange that accepts Singapore dollars is the most direct route. A local platform is often preferable because:
- It is likely authorized by the Monetary Authority of Singapore as a digital payment token provider.
- It is likely to follow Anti-Money Laundering reporting obligations.
- Bitcoin can be bought or sold directly in Singapore dollars.
- Local cards and bank wire transfers may be accepted.
- Local customer care is easier to reach when problems occur.
How We Evaluated Singapore Crypto Exchanges
The shortlist follows over 110 hours comparing 55+ platforms and uses six decision criteria:
- Regulation: MAS licensing aligns service with Singapore’s financial rules.
- Security: Multi-layer protection and cold storage help safeguard assets.
- Fees: Competitive, transparent pricing avoids hidden costs.
- User experience: Intuitive navigation should serve all experience levels.
- Cryptocurrency coverage: Major coins and altcoins broaden trading choice.
- Support: Responsive assistance should be available 24/7.
Frequently Asked Questions
Is it legal to buy Bitcoin in Singapore?
Yes. Bitcoin and other cryptocurrencies are not legal tender, but they are treated as property and may legally be bought, sold, or owned in Singapore.
What is the best way to buy Bitcoin in Singapore?
Use a credible exchange that accepts SGD and supports local cards or bank transfers, MAS authorization, AML reporting, and local customer assistance.
Which Singapore exchange offers no-KYC trading?
Zoomex allows account creation and trading without mandatory KYC, though users should consider the platform’s rules and the needs of each transaction.
Which exchange has the lowest stated maker fee?
Zoomex states a 0.02% maker fee and 0.06% taker fee. Zengo charges no account-opening, deposit, or withdrawal fee, though network costs may still matter.
Which exchange is best for advanced trading tools?
Kraken offers up to 5x margin, advanced order types, API access, staking, high liquidity, educational resources, and an NFT marketplace.
Can I trade directly in Singapore dollars?
Yes. A local exchange can support direct SGD transactions; Coinhako offers SGD and USD, Zoomex provides express SGD purchases, and Binance describes local banking compatibility.
Our Singapore Crypto Exchange Verdict
The right platform depends on security, custody, asset range, SGD support, costs, and trading complexity:
- Zengo is strongest for keyless security, flexible network pricing, recoverability, and mobile Web3 protection.
- Uphold combines early tokens, transparent reserves, interest-bearing USD, baskets, and multi-asset trading.
- Kraken serves advanced users through margin, APIs, sophisticated orders, education, staking, and NFTs.
