Best crypto exchanges in Singapore (2026): MAS licensed only

When you compare platforms, focus on fit and risk controls. Check if the provider is allowed to operate under local rules. Review security features like two-factor login, cold storage, and a clear history of handling issues. Look at coins, order types, and tools you will use. Read the fee schedule and funding options for Singapore dollars. Try the app and website. Test support and withdrawals with small amounts first. Read the terms, including how outages, limits, and reviews work, so you know possible delays.

Crypto services in Singapore follow rules that focus on anti-money-laundering, checks on customers, and tech risk. These rules cover companies that swap, transfer, or hold digital tokens for you. A provider can be licensed, exempt for a time, or still being assessed. You can look up a firm status on the national financial regulator public register. Rules change over time, so onboarding, monitoring, or service limits may change too. This is general information. For details, read the provider notices and official guidance.

Platforms can charge several kinds of costs. Trading costs appear as explicit fees or as a spread between buy and sell prices. You may pay fees for deposits or withdrawals in local currency, and network fees when moving crypto on-chain. Some services add a conversion fee when you switch currencies. There can also be fees for certain order types or faster funding methods. Read the full fee schedule, including any minimums or limits, and consider how your typical trade size, frequency, and funding method affect your total cost.

In Singapore, you can usually fund and cash out using domestic bank transfers in local currency, cards, or selected e-wallets, depending on the provider. Each method has different processing times, limits, and fees. Many platforms require that the name on the bank account matches your verified profile, and may not accept third-party payments. Withdrawals often return to the original funding source. Before you start, confirm supported methods for your account type, settlement currency, cut-off times for same-day processing, and any reviews that could delay large transfers.

Good security is shared between you and the provider. Turn on two-factor authentication, withdrawals allowlisting, and login alerts. Use a unique, strong password and a password manager. Keep devices and email secure, since attackers often target them. Beware of phishing links and support impostors. If you self-custody, back up your keys safely and test small amounts first. Diversifying across storage methods can reduce single-point risk. Understand how the platform stores assets, audits reserves, and handles incidents, and read its terms on downtime and reimbursements.

Of the exchanges we cover, Bitstamp, Coinbase, Crypto.com, Gemini, Independent Reserve, OKX and Upbit hold an MAS licence for Singapore on 26 October 2026. The ranking on this page shows them in trust-rank order, and the licence record lists the entity, the regulator and the date for each one. Other licensed firms exist that we do not review yet; the register linked in the rules block at the top of this page has the full list.

No. Binance has been on the MAS Investor Alert List since September 2021 and holds no licence under the Payment Services Act, so it is not on this page. Coinbase, Crypto.com, OKX, Gemini, Bitstamp, Independent Reserve and Upbit Singapore hold MAS licences.

MAS publishes the platform on its Investor Alert List and can act against it, and licensees' protections such as segregated assets do not apply. Retail customers in Singapore have no compensation scheme for crypto in any case, so an unlicensed platform adds the risk of a sudden shutdown.