Singapore is a major financial hub that’s seen a rise in crypto adoption. With up to 93% of its population having moderate insights in the crypto industry, investors are looking for the best crypto exchange in Singapore.

This guide provides details on some of the most reputable and secure crypto exchanges along with the factors to consider when choosing a crypto exchange.

The Best Crypto Exchanges in Singapore for 2024

Looking for the best crypto exchange in Singapore? We have compiled a comprehensive list of the top exchanges to consider when investing in cryptocurrencies. They include:

  • Evest Best Crypto Platform in Singapore
  • OKXTrade Over 340 Cryptocurrencies with this Crypto Exchange
  • – Popular Crypto Exchange Offering a DeFi Wallet
  • – Most Technologically Advanced Exchange
  • Binance – Cheapest Platform to Buy Crypto Assets
  • Coinbase – Best Crypto Platform for Beginners
  • Independent Reserve – Most Secure Crypto Exchange
  • Zipmex – Most User-friendly Exchange

The Top Bitcoin Exchanges in Singapore Reviewed

Our review was graded based on their security, fees, regulations and technology. Here are the biggest crypto exchanges in Singapore with emphasis on the factors listed above:

1. Evest – Best Crypto Platform in Singapore

Evest evest review is our top pick for the best cryptocurrency trading platform in Singapore. A CFD (Contract for Differences) broker, Evest supports CFD trading for popular cryptocurrency assets such as Bitcoin (BTC) and Ethereum (ETH). 

CFD trading is a means of speculating on an asset’s price without holding the underlying asset. For example, Evest traders can predict the value of BTC to go up or down rather than holding the token itself. Evest’s proprietary trading platform offers a seamless and straightforward design. 

Within a few minutes, one can create a new account, verify their credentials and begin trading crypto CFDs. Apart from cryptocurrencies, Evest supports CFD trading on forex pairs, commodities, stocks, and global indices across 100 financial markets. 

Evest review

Depending on your investment budget and experience level, Evest offers a mixed range of services and tools. Firstly, you can choose from four account types – Silver, Gold, Platinum, and Diamond. Traders on a smaller budget can benefit from the Silver account’s low deposit requirement of $250 ((331 SGD). 

More experienced traders can customize their spreads through the Diamond account after making a $50,000 (66,232 SGD) minimum deposit. Advanced traders can leverage the multiple technical analysis indicators, drawing tools, and nine different timeframes Evest offers.  

Beginners can also practice their strategies and leverage the available tools on Evest through the demo account. If you wish to learn more about trading basics and cryptos, you can also take courses on Evest’s Trading Academy. 

To ensure that all client’s funds are kept safe, Evest uses SSL (Secure Sockets Layer) technology to ensure that the internet connection is secured. The Vanuatu Financial Services Commission also regulates this trading platform. 

Evest has a $5 withdrawal fee per transaction and a monthly inactivity fee starting from the second month of inactivity. To make a payment, one can access credit cards, including VISA and Maestro. E-wallets such as Skrill and Neteller are also supported on Evest. 


  • Trade crypto CFDs
  • Multiple account types
  • Regulated trading platform
  • Offers multiple payment options
  • No deposit fees


  • High minimum deposit on certain account types
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit
Evest 9 Spreads Nil $250 (Silver Account)

2. OKX – Trade Over 340 Cryptocurrencies with this Crypto Exchange

OKX OKX Logo is a global cryptocurrency trading platform that leverages blockchain technology to offer advanced financial services and trading options.

 While this crypto exchange is not available in the USA, it offers a decentralized exchange and a cryptocurrency wallet, making it accessible to all, regardless of geographical regulations. On OKX, one can start trading more than 340 cryptocurrency tokens. Apart from large-cap tokens such as Bitcoin (BTC), OKX offers a mix of meme tokens such as Tamadoge (TAMA), metaverse coins such as Decentraland (MANA), and its own native token, OKB. 

The OKB coin lets investors benefit from lower trading fees. On OKX, the maximum fee for spot trading on cryptos is set at 0.1%. Depending on your OKB holdings and monthly trading volume, you can pay a maker fee of as low as 0.06%.

okx exchange

Besides simply buying and selling cryptos, OKX lets one access perpetual swaps, futures, options, and margin trading. Traders can apply leverage as high as 125x on certain instruments. Through OKX’s ‘Jumpstart’ feature, traders can access and invest in new cryptocurrency projects with OKB. 

OKX offers crypto-based loans, staking options, and liquidity pools through its trading platform. One can assign their tokens on the OKX ‘Savings’ feature and generate a yield. For example, OKX offers an estimated APY (Annual Percentage Yield) of 5% on BTC through the savings feature. 

Due to the above-mentioned features, OKX has amassed a user count of more than 20 million. Join OKX to buy cryptocurrencies directly with fiat payment methods. Including credit/debit cards and Apple Pay, more than 90 fiat payment options are available on OKX. 


  • Over 340 supported crypto tokens
  • Low trading fees
  • Offerss multiple earning opportunities
  • More than 90 fiat payment options
  • Gives access to new crypto projects


  • Not available to use in USA
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit
OKX 340+ Maker – Taker Fees Nil Differs per cryptocurrency being purchased is a global cryptocurrency exchange based in Singapore. The exchange was founded in 2016. Foris DAX Asia Pte. Ltd., a Singapore-based subsidiary of Foris DAX MT (Malta) Limited, owns the trademark.

The firm is the first fintech company to achieve the coveted Data Protection Trust Mark (DPTM) awarded by the Singaporean Infocomm Media Development Authority (IDMA). - Best Platform for Staking AVAX

Trading, investing, and staking can be facilitated at a reasonable price and accounts with a significant holding in CRO (’s native crypto asset) can receive discounts.

On, the maker and taker fees are 0.4% for level one users and 0.35% for level two users. CRO holders will see a 10% reduction in maker and taker fees, bringing the pricing down to 0.36% for level one traders and 0.315% for level two traders. The withdrawal fee is calculated differently depending on the asset.’s minimum deposit is dependent on the fiat currency deposited and the payment method used. The exchange supports over 250 cryptocurrencies for trading, as well as 600 cryptocurrencies in its DeFi wallet.

To purchase assets, credit/debit cards, bank accounts, Pay, or an ERC-20-compatible wallet are supported on the platform. has implemented appropriate data protection measures for their personal data, in accordance with Singapore’s Personal Data Protection Act (PDPA). The platform also incorporates features of worldwide standards and best practices.

The exchange keeps a huge chunk of its crypto funds in cold storage for safety reasons. While the fiat currency of users is held in custodial bank accounts. Multi-factor authentication (MFA) is also used on the platform to ensure that hackers do not gain access to customer funds.


  • Wide range of assets
  • Suitable for beginner and expert traders.
  • User-friendly
  • Free deposits


  • Complex withdrawal fee structure
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit 250+ Maker – Taker Fees Nil Dependent on the fiat currency deposited and the payment method used

Cryptoassets are a highly volatile unregulated investment product.

4. – Most Technologically Advanced Exchange is the best alternative to as one of Singapore’s most technologically advanced cryptocurrency exchange and CFD platforms. The platform enables users to trade the world’s largest and most popular markets via contracts for difference (CFD), and it employs Artificial Intelligence (AI) to enhance the trading experience. Looking to invest in cryptocurrency with ease, is a suitable option.

The minimum deposit on is SGD 20 and the withdrawal limit is SGD 64. In addition, the firm offers zero-fee services on all trading activities, deposits and withdrawals. uses the Buy/Sell spread model to generate income. This is the difference between the buy and sell prices and it is usually incorporated into the quoted rate. In terms of user experience, has a straightforward user interface that’s easy to navigate.

Users can trade more than 400 cryptocurrencies through the fintech exchange. This means investors can buy Bitcoin and a host of other digital assets. In addition to a wide range of cryptocurrencies, accepts funding options such as debit/credit cards, wire transfers, and other alternative payment methods such as ApplePay, Giropay, and iDeal.

The minimum deposit on is SGD 20 and the withdrawal limit is SGD 64. In addition, the firm offers zero-fee services on all trading activities, deposits and withdrawals. is regulated by many top-tier regulators, making it a top licensed global exchange. This includes securing approval to operate from the United Kingdom’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Markets in Financial Instruments Directive(MiFID). also allows traders to buy stock CFDs in Singapore with competitive fees.


  • 0% commission trades
  • Highly regulated
  • AI technology-driven platform
  • Excellent educational content.


  • No price alerts on the web platform
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit 400+ Spreads, overnight fees Nil SGD 20

5. Binance – Cheapest Platform to Buy Assets

binance logo

Binance is regarded as one of the best Bitcoin exchanges in Singapore, offering a wide range of earning opportunities to investors. This exchange offers a robust earning program that employs a variety of decentralized financial products such as DeFi staking, yield farming, etc.

The platform has thousands of customers utilizing its trading services due to its low fees.

Binance charges an unusual 0.10% trading fee, while holders of its native token Binance Coin (BNB) pay a discounted rate of 0.075% for level one trades.

The crypto exchange is user-friendly and easy to use. New customers can easily get the hang of the platform in less than 10 minutes of signing up.

The minimum deposit on the platform is SGD 13. On Binance, crypto users are spoilt for choice when it comes to funding options. Users can deposit using bank wire transfers, credit/debit cards, peer-to-peer (P2P), and e-wallet alternatives.

binance review

Binance offers over 600 crypto assets to investors, who can trade them using spot, margin, futures, or perpetual trading options.

Binance abides by the regulatory policies of the countries in which it conducts business and while it offers trading services in Singapore, it’s not licensed to operate in the country.

The exchange protects user data with two-factor authentication, advanced data encryption, whitelisting, and a SGD 980 million Secure Asset Fund for Users (SAFU).


  • Diverse earning opportunities
  • Wide range of crypto assets
  • Low trading fees


  • Not suitable for beginners
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit
Binance 600+ Maker – Taker fees Nil SGD 13

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

6. Coinbase – Best Crypto Platform for Beginners

coinbase logo

Coinbase is a user-friendly platform that focuses more on the needs of inexperienced Singaporean traders. The platform offers learning programs to help novice crypto investors learn trading strategies and the fundamentals of cryptocurrencies.

Coinbase is one of the top cryptocurrency exchanges in Singapore, with reasonable fees. The minimum deposit on the crypto exchange is SGD 2.7 in digital currency denominated in the investor’s local currency.

Buy Crypto on Coinbase

Fees on the crypto platform are calculated at the time of order placement and are determined by a number of factors. Some of these factors include payment method, order size, and market conditions. Coinbase charges 2% on all crypto trades.

Automatic Clearing House (ACH) transfers, Debit cards, Apple Pay, Google Pay, Wire Transfer, and PayPal are all supported payment options available on the platform. Investors can use these methods to access 172 cryptocurrencies.

Coinbase abides by the Bank Secrecy and is registered as a Money Services Business, regulated by the Financial Crimes Enforcement Network (FinCEN). The platform is also regulated by the Financial Conduct Authority (FCA). However, Coinbase Singapore is not regulated by the Monetary Authority of Singapore (MAS) but instead operates under a licensing exemption.

To enhance security, the trading platform stores 98% of deposits in safe cold storage. The platform uses Multi-factor Authentication (MFA), which includes hardware key support, for all accounts.


  • Low minimum fee
  • Highly intuitive platform
  • Very secure


  • High transaction fees
Exchange Number of Cryptocurrencies Pricing Structure Deposit Fees Minimum Deposit
Coinbase 172+ Commission, maker-taker fees, instant buy fees, 0.5% spread cost Depends on payment method, order size and market condition SGD 2.7

Cryptoassets are a highly volatile unregulated investment product.

7. Independent Reserve – Most Secure Crypto Exchange

independent reserve logo

Independent Reserve is a popular platform that is focused on creating the most secure and trusted way of investing in cryptocurrencies and is rated one of the best crypto exchanges in Singapore.

The platform aims to transform cryptocurrency technology into a secure, robust and regulated financial service to meet investors’ needs.

Independent Reserve provides its users with secure access to cryptocurrencies although the price structure on the crypto trading platform is a little complex.

Depending on the payment method used, the platform will not charge users fees for deposits for certain payment methods but will charge SGD 15 for Singaporean Dollar Telegraphic Transfer (SGD TT) deposits. Independent Reserve also charges SGD 2.5 for deposits below SGD 1,000 but users do not incur fees for SGD FAST deposits.

independent reserve

There are no minimum deposits when using this crypto exchange.

When using electronic funds transfer as a withdrawal method, investors are not charged any fees; however, other withdrawal methods incur fees that are dependent on the amount withdrawn or the cryptocurrency.

Investors can use electronic funds transfer deposits, PayID/Osko deposits and SWIFT deposits as valid payment methods to gain access to the 35 cryptocurrencies supported on the exchange.

Independent Reserve is a registered Singaporean company and is licensed under the Payment Services Act. As its on-platform security measure, Independent Reserve offers users two factor authentication (2FA) and utilises top-tier underground vaults to protect user data and crypto.


  • No minimum deposits
  • Calculated commissions based on trading volume
  • Provides AutoTrader


  • Low inventory of cryptocurrencies
Exchange Number of Cryptocurrencies Pricing Structure Deposit fees Minimum Deposit
Independent Reserve 35+ Complex Depends on method of payment and size of deposit SGD 0

8. Zipmex – Most User-friendly Exchange

zipmex logo

Zipmex is a global digital assets exchange that offers investors a variety of opportunities in the crypto industry. The platform is intuitive and provides access to anyone seeking investment returns.

The platform is one of the best Singaporean crypto exchanges because it offers low trading fees, unique financial products and fiat currency pairings.

On Zipmex, the deposit and withdrawal fees are regularly reviewed and adjusted on the first business day of every week. However, all cryptocurrency deposits are free of charge and there are no minimum deposits.


For each crypto withdrawal, a flat fee is deducted from the total amount. This fee is dependent on the cryptocurrency. For fiat withdrawals and deposits, USD deposits require a deposit fee of SGD 34 and a withdrawal fee of SGD 34. The minimum withdrawal amount is SGD 41.

Singaporean dollar deposits are free, while Zipmex charges a withdrawal fee of 0.3% for all withdrawals.

Zipmex also charges commissions on trades based on user subscription levels. Standard maker fees and taker fees start at 0.20% with no discounts. For VIP 1 members, maker and taker fees are at 0.18% with a 10% discount. VIP 2 members enjoy 20% off with maker and taker fees at 0.16%. .

Investors can buy and sell 42+ cryptocurrencies on the crypto exchange and can make deposits using Virtual accounts such as Permata and Mandiri virtual account and e-wallet options like OVO, ShopeePay and DANA.

Zipmex is registered with the Commodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI) and is in pursuit of a license for digital asset trading.


  • No minimum deposit
  • Low crypto transaction fees
  • User-friendly interface


High fiat withdrawal fee

Exchange Number of Cryptocurrencies Pricing Structure Deposit fees Minimum Deposit
Zipmex 42+ Simple None for crypto deposits. SGD 34 for fiat deposits Nil

The Best Singaporean Crypto Exchanges Compared

If you’re looking for the best cryptocurrency exchanges in Singapore you’re in the right spot. Keep reading as we reveal everything you’ll need to know about these leading crypto exchanges.

Exchange Number of Cryptos Pricing Structure Deposit Fees Minimum Deposit Payment Methods
Evest 9 Simple Nil SGD 331 (Silver Account) Credit/Debit cards, e-wallets
OKX 340+ Complex Nil Differs per crypto being purchased Credit, debit cards, Apple Pay 250+ Complex Nil Dependent on the fiat currency deposited and the payment method used. Credit/debit cards, bank accounts, Pay and ERC-20 compatible wallet 400+ Simple Nil SGD 20 Debit/credit cards,wire transfer, ApplePay, iDeal and GiroPay
Binance 600+ Simple Nil SGD 13 Bank wire transfer, credit/debit cards, P2P and e-wallet alternatives
Coinbase 172+ Simple Depends on payment method, order size and market condition SGD 2.7 ACH transfers, debit cards, ApplePay, Google Pay, wire transfer and PayPal
Independent Reserve 35+ Complex Depends on method of payment and size of deposit SGD 0 Electronic funds transfer, PayID/Osko and SWIFT
Zipmex 42+ Simple None for crypto deposits, SGD 34 for fiat deposits Nil Permata and Mandiri virtual accounts and e-wallet options like OVO, ShopeePay and DANA

How to Choose the Best Cryptocurrency Exchange for You

As an investor looking for the best crypto exchange in Singapore, here are some features you should look out for when selecting one.


Due to state or national rules, you may be unable to buy or sell cryptocurrencies on specific exchanges depending on your region. Some countries, like China, have outrightly prohibited individuals from trading crypto.

Therefore, check to see if the exchange you choose has an operating licence. By default, a regulated exchange is safer and more accountable with user funds, thereby keeping you safe from fraudulent activities.

Tradable Cryptos

Not all cryptocurrencies are available on every exchange. If you’re looking for a popular coin like Bitcoin or Ethereum, you’ll certainly find them on many crypto exchanges. You might require additional research for the best altcoins, currencies with a modest market size, and meme coins. The number of currencies on a platform provides investors with choices to open more profitable trades.

Sign up offers

Sign up bonus can be added to a user’s deposit. So, a platform’s signup bonus can be an added boost to your overall capital.


Different crypto exchanges have various transaction fee structures. Understanding a crypto exchange’s fee structure is important since it lets you know what you’re getting into before trading.

Ensure the platform you choose has no hidden transaction costs or inactivity fees. For example, you can select a platform with flat transaction charges or one with a more flexible structure.

Tools & Features

If you’re new to cryptocurrencies, seek a user-friendly platform with plenty of instructional tools to help navigate this complex, fast-changing industry.

Coinbase, for example, has a program called Coinbase Earn that rewards users for learning about new coins. Others, such as Gemini’s Cryptopedia or Binance Academy, provide on-site classes and materials to assist you in learning about crypto markets, history, and developments.

Payment Methods

Buying cryptos differs depending on the platform. For example, some systems accept bank transfers, others PayPal, yet others credit and debit cards, and still others solely accept bitcoin for purchases.

Examine the numerous payment choices offered by the sites and select the one that best suits your needs. If you don’t have any coins, choosing a platform that accepts fiat currency is critical because it lets you trade the market with less stress.

Customer Service

There are a few circumstances where a lack of customer assistance can be detrimental while utilising a bitcoin exchange. An instance could be a platform glitch that could see you lose out on profitable trades. Another could be a cyberattack or hack.

When this happens, interactions with a sluggish customer support system could disrupt your trading activities and cause investors to lose opportunities.

You can greatly reduce this risk by choosing an exchange that is customer-focused with a swift response time and lots of communication channels.

How to Use a Crypto Exchange in Singapore

The sections below will show users how to begin trading cryptos with Evest – our best recommend crypto trading platform in 2024:

  • Step 1: Create an Account- Head to the Evest website or the mobile app and start making a new account. Enter your full name, email address and phone number, and select the ‘Click to Start’ option.

Evest signup page

  • Step 2: Verify your ID – Once the account is created, users can access the verification center option on the home screen. Provide the ID documents that Evest requires to complete the verification.
  • Step 3: Make a Deposit – Depending on the account you select, the minimum deposit will range between 331 SGD to 66,232 SGD. On the platform, access the payments tab, select your preferred payment method and make a transaction.
  • Step 4: Start Trading Crypto CFDs – Now, users are free to trade the available crypto CFDs that Evest supports. Search for the asset of your choice on the navigation bar, enter the amount you wish to trade, and click on ‘Buy’ or ‘Sell’. The buy option is to bet on the price of an asset to increase, whereas the Sell option is to be used when you are betting on the value of a token to fall.

Singapore allows cryptocurrency exchanges and trading, and the city-state has taken a more welcoming approach to the nascent industry than some of its regional neighbours. Although cryptos are not yet recognised as legal money in Singapore, the tax office treats them as “goods” and charges crypto investors under the Goods and Services Tax.

The Singapore Monetary Authority (MAS) has taken a neutral stance on the rise of cryptocurrencies, clarifying in 2017 that, while it would not seek to control virtual currencies, it would regulate digital payments tokens (DPT) if defined as securities.

However, Singapore’s parliament has passed legislation that will strengthen regulations for cryptocurrency exchanges in the city-state.

Virtual asset service providers in Singapore who solely do business overseas will be required to be regulated under the new legislation. This is commonly interpreted as Singapore’s cautious embrace of the cryptocurrency business.


Cryptocurrency exchanges are essential for successful trading and investing. As a result, knowing how to choose from the top crypto exchanges in Singapore is necessary. The platforms listed above are some of the best available to traders all over the world with features like deep liquidity, high security, and low fees.

For those who want to get started trading cryptocurrency assets, a platform like Evest is ideal. This platform lets users trade crypto CFDs, after making a minimum deposit of 331 SGD (depending on the account type).

evest review


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