For Singaporean cryptocurrency investors, selecting a secure, feature-rich, and compliant trading platform is more important than ever. This guide compares five leading exchanges based on security, supported assets, trading fees, user experience, and unique features—helping you make an informed choice tailored to your needs.
Key Selection Criteria
When evaluating cryptocurrency exchanges, consider these essential factors:
- Security & Compliance: Regulatory adherence, insurance coverage, and storage methods.
- Supported Cryptocurrencies: Diversity of coins and tokens available.
- Trading Fees & Deposit Options: Cost structures and support for SGD transactions.
- User Experience: Interface clarity and mobile accessibility.
- Customer Support: Responsiveness and support channels.
- Special Features: Staking, cards, or educational resources.
1. Crypto.com
Crypto.com offers a comprehensive ecosystem for trading, investing, and spending cryptocurrency, making it a versatile choice for both beginners and advanced users.
Security & Compliance
Crypto.com is internationally recognized for its security standards, holding ISO/IEC 27001:2013 certification. All user funds are stored in offline cold storage via Ledger, with additional insurance coverage. The platform complies with Singapore’s Payment Services Act.
Supported Cryptocurrencies
With over 80 supported cryptocurrencies—including Bitcoin, Ethereum, and emerging tokens—it provides one of the broadest selections in the market.
Fees & Transactions
Trading fees start at 0.4%. Users can deposit SGD directly via Xfers integration, simplifying local bank transfers.
User Experience & Support
The platform is feature-rich but may require a short learning curve. 24/7 customer support is available.
Special Features
The Crypto.com Visa Card allows spending crypto directly, while the Earn program offers up to 12.5% annual interest on holdings.
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2. Gemini
Founded by the Winklevoss twins, Gemini emphasizes security and regulatory compliance, appealing to cautious investors.
Security & Compliance
Gemini holds SOC 1 Type 2 and SOC 2 Type 2 certifications and is pursuing licensing under Singapore’s Monetary Authority (MAS).
Supported Cryptocurrencies
It supports 40+ cryptocurrencies, including major coins and DeFi tokens.
Fees & Transactions
Standard trading fees range from S$1.50 to 1.49%, but ActiveTrader users enjoy rates as low as 0.25%. SGD deposits are supported via Xfers.
User Experience & Support
The interface is beginner-friendly, with advanced tools for experienced traders. Support response times are within 24 hours.
Special Features
Gemini Earn allows users to earn up to 8.05% APY on crypto and stablecoins.
3. Binance.sg
Binance.sg operates independently of Binance.com and is tailored for the Singapore market, though with a narrower focus.
Security & Compliance
Built on Binance’s technology, it employs robust security protocols. The platform is led by a former MAS executive, reinforcing its compliance focus.
Supported Cryptocurrencies
Only eight cryptocurrencies are supported, including Bitcoin, Ethereum, and Binance Coin.
Fees & Transactions
Trading fees are 0.6%. SGD deposits are facilitated through Xfers.
User Experience & Support
The web interface is intuitive, but no mobile app is available. Customer support is accessible 24/7.
Special Features
Limited order types are available—no limit orders—which may restrict trading strategies.
4. Coinhako
A Singapore-based exchange launched in 2014, Coinhako combines local relevance with a user-friendly design.
Security & Compliance
Coinhako stores most assets in cold storage and is pursuing full licensing under local regulations.
Supported Cryptocurrencies
It offers 40+ cryptocurrencies, though functionality varies—some tokens cannot be sent or received.
Fees & Transactions
Fees are relatively high at 1% per trade. SGD deposits are supported via Xfers.
User Experience & Support
The mobile app is well-organized and easy to navigate. Support is available via email with a 48-hour response time.
Special Features
Coinhako provides extensive historical price data, useful for in-depth market analysis.
5. Coinbase
As a U.S.-listed company, Coinbase emphasizes regulatory compliance and user education, though its services for Singapore users are limited.
Security & Compliance
Coinbase adheres to strict U.S. regulations and offers crime insurance for digital assets.
Supported Cryptocurrencies
30+ cryptocurrencies are available, including major coins and select altcoins.
Fees & Transactions
Fees range from 0.5% to 2.5%. Only credit/debit card deposits are available for Singapore users, incurring additional costs.
User Experience & Support
The platform is beginner-friendly with educational content. Support includes email and phone options.
Special Features
The Coinbase Card is not available in Singapore, limiting its utility for local users.
Comparison Summary
| Exchange | Trading Fee | SGD Deposits | Cryptocurrencies | Key Feature |
|---|---|---|---|---|
| Crypto.com | 0.4% | Yes | 80+ | Visa Card, Earn program |
| Gemini | 0.25%–1.49% | Yes | 40+ | Gemini Earn |
| Binance.sg | 0.6% | Yes | 8 | Local compliance |
| Coinhako | 1.0% | Yes | 40+ | Price history tools |
| Coinbase | 0.5%–2.5% | No | 30+ | Educational resources |
Frequently Asked Questions
What is the safest cryptocurrency exchange in Singapore?
Crypto.com and Gemini are among the safest, boasting international security certifications, cold storage insurance, and ongoing compliance with Singaporean regulations.
Can I use SGD on these platforms?
Yes, most exchanges listed—including Crypto.com, Gemini, Binance.sg, and Coinhako—support direct SGD deposits through Xfers integration.
Which exchange has the lowest fees?
Crypto.com offers competitive trading fees starting at 0.4%. Gemini’s ActiveTrader platform provides even lower rates for advanced users.
Are these exchanges legal in Singapore?
Each exchange is at various stages of regulatory compliance. Binance.sg and Coinhako are locally oriented, while global platforms like Crypto.com and Gemini are aligning with MAS requirements.
Can I earn interest on my crypto holdings?
Yes, Crypto.com and Gemini offer staking and savings programs with annual yields of up to 12.5% and 8.05%, respectively.
Is mobile trading supported?
All exchanges except Binance.sg offer mobile apps. Coinhako and Crypto.com provide particularly intuitive mobile experiences.
Final Thoughts
Choosing the right crypto exchange depends on your priorities: security, asset diversity, fees, or ease of use. Crypto.com and Gemini lead in overall features and security, while Binance.sg and Coinhako offer strong local integration. Always verify regulatory status and security measures before investing.