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10 Best Crypto Exchanges In Singapore For 2025

10 Best Crypto Exchanges In Singapore For 2025

In this article I will discuss the Best Crypto Exchanges in Singapore with an emphasis on those that ensure security, ease of use, and a rich offering of services for traders and investors. No matter if you’re a beginner or advanced crypto trader, the right exchange selection is important.

We will cover the best available options based on trading costs, available cryptocurrencies, security measures, and provisions for legal jurisdiction in Singapore.

Key Points & Best Crypto Exchanges In Singapore List

ExchangeKey Points
PhemexUser-friendly interface, zero-fee spot trading, supports numerous cryptocurrencies, mobile app available.
LBankOffers a wide variety of altcoins, low fees, advanced trading tools, mobile app for easy access.
ZipmexRegulated in Singapore, easy-to-use interface, supports a range of cryptocurrencies, low trading fees.
WhiteBITOffers fiat-to-crypto trading, high security features, low fees, a wide range of crypto pairs.
GeminiHighly regulated, strong security, supports fiat deposits, user-friendly interface.
KrakenKnown for strong security, large range of cryptocurrencies, low fees, advanced trading options.
BinanceOne of the largest exchanges globally, low fees, wide range of crypto pairs, advanced tools.
BitstampOne of the oldest exchanges, supports fiat and crypto, low fees, secure and reliable.
Gate.ioLarge variety of coins, competitive fees, advanced trading options, mobile app available.
MEXCLow fees, offers a wide range of coins and trading pairs, supports spot, futures, and margin trading.

10 Best Crypto Exchanges In Singapore For 2025

1.Phemex

Phemex, established in 2019, is one of the top crypto exchanges and has an intuitive interface suitable for beginners as well as expert traders.

Operating from Singapore, Phemex offers sales of more than 200 crypto coins, including Bitcoin, Ethereum, and various altcoins.

It allows fee-free spot trading, which makes it appealing to traders concerned about costs. The exchange offers multiple trading options, including futures and margin trading.

Phemex

Accessible from many countries, Phemex has extensive global reach. Phemex is a trustworthy platform for crypto lovers because strong security features protect user funds.

FeatureDetails
Launch Year2019
HeadquartersSingapore
Supported Cryptos200+ cryptocurrencies including BTC, ETH, and major altcoins
Trading OptionsSpot, Futures, Margin
Spot Trading Fees0% (Zero-fee trading available on selected pairs)
Futures Trading FeesMaker: 0.01%, Taker: 0.06%
Fiat SupportLimited fiat support via third-party providers
SecurityCold wallet storage, 2FA, advanced risk control
User InterfaceIntuitive, with mobile app available for iOS and Android
Global AccessibilityAvailable in 100+ countries, including Singapore

2.LBank

LBank was established in 2015 and it is located in the British Virgin Islands. The platform has been growing along with the market and currently serves over 15 million users from more than 210 countries and regions.

Additionally, the platform supports more than 800 cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many altcoins and meme tokens.

LBank

Spot trading on their platform is very competitive with both makers and takers paying trading fees of 0.10%. Trade on their futures market and the fees are 0.02% for makers and 0.06% for takers.

Also, LBank provides services such as staking, grid trading, copy trading, and even an NFT marketplace.

Unlike other exchange platforms, LBank is available to users in Singapore and provides a comprehensive and user-friendly trading experience.

FeatureDetails
Founded2015
HeadquartersBritish Virgin Islands
Supported CryptocurrenciesOver 800 cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins
Trading OptionsSpot trading, futures trading, leveraged tokens, staking, copy trading, and an NFT marketplace
Spot Trading Fees0.10% for both makers and takers
Futures Trading Fees0.02% for makers and 0.06% for takers, plus additional transaction and management fees
Deposit FeesNo fees for deposits
Withdrawal FeesVary depending on the specific cryptocurrency being withdrawn
User BaseOver 15 million registered users across more than 210 countries and regions
Security MeasuresTwo-Factor Authentication (2FA), cold wallet storage, SSL encryption, and an insurance fund to cover potential losses
Customer Support24/7 live chat support available in 36 languages, including English, Mandarin, Japanese, and more
Regulatory ComplianceHolds licenses from multiple jurisdictions, including the USA (NFA and FinCEN), Canada (FINTRAC), Australia (AUSTRAC), Italy, and Lithuania

3.Zipmex

Zipmex, a crypto currency exchange site tailored to Southeast Asia, was established in 2018 and is located in Singapore. It has also expanded to Thailand, Indonesia, and Australia, Additionally, trading pairs offered include ZMT, USD, AUD, and IDR.

More so, the company has capped the number of cryptocurrencies supported to over 50. Along with the site, a mobile application is available to users of android and iOS, with the latter boasting a 3.8 star rating on the google play store.

Zipmex

There are also fixed and flexible ZMT staking options that yield interest of 14% to 11% in US stablecoins, alongside plans with lower interest.

Trading fees are set to stagnate at 0.2% for both stakers and takers, but discounts can be accessed with staked ZMT. Zipmex also offers 24/7 customer support that can be reached through live chat.

FeatureDetails
Founded2018
HeadquartersSingapore
Supported CryptocurrenciesOver 50 cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and various altcoins .
Fiat Currencies SupportedSGD, USD, AUD, IDR .
Trading FeesFlat 0.2% fee for both makers and takers; discounts available when staking Zipmex Token (ZMT) .
Deposit & Withdrawal FeesCrypto deposits are free; fiat deposits incur a 0.3% fee for SGD and $25 for USD; withdrawal fees vary depending on the cryptocurrency .
Staking OptionsOffers flexible and fixed-term staking through ZipUp and ZipLock, with interest rates up to 14% on ZMT and 11% on US stablecoins .
Security MeasuresImplements Know Your Customer (KYC) procedures, strict verification processes, Two-Factor Authentication (2FA), and holds a $100 million insurance policy with BitGo .
Mobile AppAvailable on iOS and Android platforms; rated 3.8/5 stars on the Google Play Store .
Customer SupportProvides 24/7 customer support, including live chat and phone assistance .
Regulatory StatusNot fully licensed by the Monetary Authority of Singapore (MAS); filed for bankruptcy protection in Singapore in July 2022 due to financial difficulties .
Operational StatusAs of February 2024, Zipmex Singapore has been ordered to wind up by the Singapore High Court, ceasing its operations in the country .

4.WhiteBIT

WhiteBIT was established in 2018, in Lithuania, and it has since expanded its services to over 150 countries, including Singapore. The platform features a rich selection of more than 300 cryptocurrencies.

With regards to trading fees, WhiteBIT remains competitive, charging a standard 0.1% for both makers and takers on spot markets and offering lower fees through its VIP program as well as through holding WBT tokens.

WhiteBIT

Users also benefit from futures trading with leverage options reaching up to 100x. It is important to understand that WhiteBIT applies geo-blocks and may not be available in every country; users are encouraged to check if the platform is available in their area.

FeatureDetails
Established Year2018
FounderVolodymyr Nosov
Language SupportSupports multiple languages, including English, Romanian, and others.
Assets AvailableOffers trading in over 300 cryptocurrencies and 600+ trading pairs.
Minimum Deposit$10
Fees StructureCompetitive fees with maker fees starting at -0.001% and taker fees at 0.1%.
Customer SupportProvides 24/7 assistance via live chat and phone support.
Mobile AccessibilityFeatures a robust mobile app for trading and account management on the go.
Regulation and SecurityCertified with CCSS Level 3 and employs advanced security measures, including cold storage for funds.

5.Gemini

Gemini is a cryptocurrency exchange founded in 2014 by Cameron and Tyler Winklevoss. The company provides a regulated exchange on which customers can buy, sell and trade more than 150 different cryptocurrencies.

In December 2020, Gemini extended its services to Singapore, allowing customers to exchange USD to SGD, trade major cryptocurrencies against SGD, and deposit SGD via FAST transfers.

Gemini

In-principle approval was given by the Monetary Authority of Singapore (MAS) in October 2024, granting Gemini the right to obtain a Major Payment Institution license, which permits the company to offer digital payment token services, cross border money transfer services, and payment processing.

Gemini is known to vary trading fees based on trading volume, offering lower fees for higher volumes. Singapore has become Gemini’s second largest market after the US, and the company intends to further strengthen its regional office in Singapore to improve customer support and services.

FeatureDetails
Established Year2014
FoundersCameron Winklevoss and Tyler Winklevoss
Language SupportSupports multiple languages, including English and others.
Assets AvailableOffers trading in Bitcoin, Ethereum, and over 70 other cryptocurrencies.
Minimum DepositNo minimum deposit required for account creation.
Fees StructureTransparent pricing with fees starting at 0.50% for transactions.
Customer SupportProvides 24/7 assistance via live chat, email, and phone.
Mobile AccessibilityFeatures a robust mobile app for trading and portfolio management on the go.
Regulation and SecurityRegulated by MAS and employs advanced security measures, including cold storage for funds.

6.Kraken

Kraken is a well-known cryptocurrency exchange which was founded in 2011 and is based in San Francisco. In addition to Bitcoin, Ethereum, and Litecoin, Kraken offers more than 200 cryptocurrencies. This makes the platform suitable for both novice traders and seasoned pros.

Staking on certain assets and margin trading with up to 5x leverage are some of the advanced trading options offered by Kraken. However, it is crucial to highlight that Krakens’s resource SGD currency is not supported.

Kraken

Moreover, Singaporean users might have limited access to some features. Fees vary depending on the trading volume, but spot trading for takers begins at 0.26%.

Other services may incur additional fees. Singaporean users have access to a reliable and feature-rich trading platform for cryptocurrency, as Kraken services the region.

FeatureDetails
Established Year2011
FoundersJesse Powell, Thanh Luu, and Michael Gronager
Language SupportSupports multiple languages, including English and others.
Assets AvailableOffers trading in over 200 cryptocurrencies, including Bitcoin, Ethereum, and altcoins.
Minimum DepositNo minimum deposit required for crypto deposits; varies for fiat deposits.
Fees StructureCompetitive fees with maker/taker model starting at 0.16% and 0.26%, respectively.
Customer SupportProvides 24/7 assistance via live chat and email.
Mobile AccessibilityFeatures a robust mobile app for trading and portfolio management on the go.
Regulation and SecurityImplements advanced security measures, including 2FA and cold storage for funds.

7.Binance

The cryptocurrency exchange which supports encompassing cryptocurrencies such as Bitcoin and Ethereum, Binance, was founded in 2017 by Changpeng Zhao.

Further in 2019, Binance undertook the initiative to launch Binance.sg in order to provide fiat-to-crypto services in Singapore.

Binance

However, Binane.sg, in December 2021, withdrew its application from the Monetary Authority of Singapore (MAS) which led to ceasing operations in February 2022.

Consequently, Binance services are now unavailable for users in Singapore, leading to users in Singapore being advised to seek out other regions which comply with their local restrictions.

FeatureDetails
Established Year2017
FounderChangpeng Zhao (CZ)
Language SupportSupports multiple languages, including English, Chinese, and others.
Assets AvailableOffers trading in over 350 cryptocurrencies, including Bitcoin, Ethereum, and altcoins.
Minimum DepositNo minimum deposit required for crypto deposits; varies for fiat deposits.
Fees StructureCompetitive fees with a maker/taker model starting at 0.10%.
Customer SupportProvides 24/7 assistance via live chat and email.
Mobile AccessibilityFeatures a robust mobile app for trading, staking, and portfolio management on the go.
Regulation and SecurityImplements advanced security measures, including 2FA, SAFU (Secure Asset Fund for Users), and cold storage for funds.

8.Bitstamp

Bitstamp is a European cryptocurrency exchange founded in 2011. It got a preliminary Major Payments Institution license approval from the Singapore Monetary Authority in March 2024, signaling further plans for expansion into the Asia-Pacific region.

With Bitstamp, users can trade a variety of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The exchange offers competitive trading fees, that begin at 0.4% for users with a trading volume less than $1,000, with decreasing fees as the volume increases.

Bitstamp

This fee is also adjusted based on rolling 30 day trading volumes. The platform is available to Singapore users and several other countries, with plans to cater to both institutional and retail clients.

FeatureDetails
Established Year2011
FoundersNejc Kodrič and Damijan Merlak
Language SupportSupports multiple languages, including English and others.
Assets AvailableOffers trading in Bitcoin, Ethereum, and a variety of other cryptocurrencies.
Minimum DepositNo minimum deposit required for crypto deposits; varies for fiat deposits.
Fees StructureCompetitive fees with maker/taker model starting at 0.50% and 0.25%, respectively.
Customer SupportProvides 24/7 assistance via live chat and email.
Mobile AccessibilityFeatures a robust mobile app for trading and portfolio management on the go.
Regulation and SecurityRegulated by MAS and employs advanced security measures, including cold storage for funds.

9.Gate.io

Gate.io came into existence in 2013 and is regarded as a cryptocurrency exchange platform worldwide. It has an extensive collection of over 3,800 cryptocurrencies including popular ones like Bitcoin, Ethereum and Dogecoin.

The platform specializes in numerous trading options, including spot trading, futures trading, leveraged trading, and even savings products. Gate.io has a competitive edge regarding trading fees.

Gate.io

The trading fees for spot trading are 0.2% for both makers and takers, while for futures trading it was noted that the fees are 0.15% for makers and 0.05% for takers. It’s also worth mentioning that Gate.io does have certain restrictions; as of now, the site is not available in Singapore due to legal limitations.

FeatureDetails
Established Year2013
FounderLin Han
Language SupportSupports multiple languages, including English, Chinese, and others.
Assets AvailableOffers trading in over 1,600 cryptocurrencies, including Bitcoin, Ethereum, and altcoins.
Minimum DepositNo minimum deposit required for crypto deposits; varies for fiat deposits.
Fees StructureCompetitive fees with a maker/taker model starting at 0.20%.
Customer SupportProvides 24/7 assistance via live chat and email.
Mobile AccessibilityFeatures a robust mobile app for trading and portfolio management on the go.
Regulation and SecurityImplements advanced security measures, including 2FA, cold storage, and proof of reserves.

10.MEXC

MEXC Global was founded in April 2018 and they are located in Singapore. It is a known cryptocurrency trading platform which offers various kinds of digital assets.

The exchange has a collection of over 3,800 cryptocurrencies including major coins like Bitcoin and Ethereum, in addition to numerous altcoins.

MEXC

The trading fees in MEXC are lower than most with spot trading fees of 0% for makers and 0.05% for takers, and futures trading fees starting at 0% for makers and 0.02% for takers. However, it is worth mentioning that MEXC does not operate in Singapore because of regulatory constraints.

People in Singapore most likely have to use a VPN to access the site. In any case, the platform is known amongst traders because of its versatile selection of cryptocurrencies as well as low fees.

FeatureDetails
Established Year2018
FounderLin Han
Language SupportSupports multiple languages, including English, Chinese, and others.
Assets AvailableOffers trading in over 2,800 cryptocurrencies and 3,000+ trading pairs.
Minimum DepositNo minimum deposit required for crypto deposits; varies for fiat deposits.
Fees StructureExtremely low fees with maker fees starting at 0.000% and taker fees up to 0.05%.
Customer SupportProvides 24/7 assistance via live chat and email.
Mobile AccessibilityFeatures a robust mobile app for trading and portfolio management on the go.
Regulation and SecurityImplements advanced security measures, including cold storage and multi-country server hosting.

Conclusion

In summary, Singapore has a vibrant crypto market with trustworthy exchanges such as Binance, Kraken, Gemini and many others. These exchanges offer strong trading infrastructure, rich crypto asset lists, and low trading costs.

Opting for an exchange, as a novice or expert, with favorable reviews and proper licensing guarantees protection and operational adeptness. Always check compliance criteria and elements to choose the optimal exchange for your trading requirements.