Best Crypto Exchanges in Singapore (Rated & Reviewed)
Singapore has shown its approval for blockchain technology and aims to become a global Cryptocurrency hub. When the population was analyzed regarding Crypto education, up to 93% of its population showed moderate insights into the Crypto industry.
Investors are constantly on the lookout for the best Crypto exchanges Singapore. The exchange you choose matters highly as it will impact the profitability of your trades. Your choosing factors of Crypto exchange Singapore include whether it is user-friendly, pricing and if it supports the Singapore Dollar.
Here’s a List of 5 Best Crypto Exchanges in Singapore (Rated & Reviewed):
Gemini
Gemini is a US-based Cryptocurrency exchange renowned for its extensive support center and simple, secure wallet.
Kraken
Kraken offers a comprehensive learning center and a simple mobile app, making it a perfect starter for new users.
Crypto.com
This Crypto exchange in Singapore is an all-in-one platform for you to buy and track your digital assets.
Luno
This Crypto exchange Singapore is highly recommended for beginners as it’s super easy to start trading Crypto with a wide range of fiat currencies.
Coinbase
This secure, simple-to-use Crypto exchange platform is designed mainly for those who want to kick-start their Cryptocurrency journey.
With so many Crypto exchanges in Singapore available, finding the perfect fit for your buying, selling, or HODL Crypto requirements can be daunting. Therefore, we have come up with the five best platforms that you can pick from to trade your digital currencies.
1. Gemini
Gemini is a reliable & fast-growing Crypto exchange Singapore.
Thomas’ Take
The website is elegant and highly user-friendly. You can also get the top-rated mobile app with a simple interface for newcomers. You can use its low minimum trade amounts to try out the platform. If you’re a resident of Singapore, this Crypto exchange, Singapore, can be a game changer for you.
The key features of this app are its robust security and hot wallet. Apart from its exchange, the platform offers a Crypto rewards credit card. You can benefit from this system by paying through the Gemini credit card and earning interest on your crypto. This method even gives you discounts and cashback on gas, dining, groceries, and EV charging.
With no annual fee charges, Gemini is continually pushing towards the best Crypto exchanges in Singapore and innovating to provide a safe platform for traders to interact with Crypto assets.
PROS
- Industry-leading security features
- Hot wallet insurance
CONS
- Higher trading fees
- Only about 100 Cryptocurrencies
Best For
Buying & Selling is Simple
Price
Fee depends on Transaction Amount
Ease of use
Simple to use
Crypto tokens available:
100+
Our second option is:
2. Kraken
Kraken is the best Crypto exchange Singapore even if you’re a newbie.
Thomas’ Take
Kraken is an active exchange platform with high liquidity for buying and selling dozens of different Cryptocurrencies at market rates. At Kraken, you can enjoy margin accounts and futures trading products. It has competitive prices for beginners, seasonal, individual, and institutional traders.
To start up, you just need to set up your account and link it to your bank details. This platform has excellent security, as you can use its two-factor authentication before any transaction. Crypto enthusiasts who have been in the game longer may prefer to be a part of Kraken Pro as they can enjoy lower prices and additional features.
This platform is one of the best Crypto exchanges in Singapore based on liquidity, traffic, and trading volumes. You can try your hands on Kraken to check its pros and cons.
PROS:
- User-friendly exchange interface
- Extensive range to select digital assets
CONS
- Fees are higher compared to Kraken pro
- Limited funding options
Best For
24/7 Customer Support
Price
Fee depends on Transaction Amount
Ease of use
Easy to use
Crypto tokens available:
185+
3. Crypto.com
Crypto.com is the world’s fastest-growing Crypto app best suited for Crypto trading.
Thomas’ Take
Using Crypto.com, you can trade from over 250 Cryptocurrencies, including bitcoin, by simply linking your bank account and using your credit card or bank transfer. Then, use your crypto.com visa card to spend and obtain 5% cashback. Furthermore, earn rewards up to 14.5% when you deposit your Cryptos on the platform.
With over 50 million users worldwide, crypto.com is one of the best Crypto exchanges in Singapore. It is highly secure and boasts lightning-fast speed with deep liquidity in market conditions. The platform has competitive trading fees and an easy user interfaces mobile app. New users can take advantage of the zero-fee Crypto trading for 90 days.
This exchange platform offers you the best trading fees to buy digital assets at actual cost with no markup or fees.
PROS
- Large selection of Cryptocurrencies
- Low fees for cash transfer funding
CONS
- Using credit and debit cards costs more
- Poor customer support
Best For
Diverse and Versatile Crypto Platform
Price
Fee depends on Transaction Amount
Ease of Use
Easy to use
Crypto tokens available:
250+
4. Luno
Luno is one of the best Crypto Exchanges Singapore for Crypto Investment and Trading.
Thomas’ Take
Hosting 10 million customers globally, Luno prides itself on securing its users with industry-leading security. It is compliant with the same AML and KYC regulations most banks have. You can trade on the go 24/7 with Luno’s mobile app, which is compatible with Android and iOS smartphones.
The exchange platform boasts of storing Crypto, which independent auditors regularly verify. As a result, your profits are maximized on the exchange with deep liquidity and tight spreads. Complete your trades smoothly and efficiently in microseconds without worrying about security or reliability.
Luno is one of the best Crypto exchanges in Singapore because of its wide variety of Cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and many more.
PROS
- Beginner-friendly with comprehensive educational material
- Excellent security with fast verification
CONS
- Limited Cryptocurrencies available
- Limited features
Best For
Easy Navigation and Useful Tips for Crypto Trading
Price
Fee depends on Transaction Amount
Interface
Medium Easy
Crypto tokens available:
25
5. Coinbase
Coinbase provides a transparent and efficient financial system for Crypto investment and trading.
Thomas’ Take
Entertaining over 108 million verified users from over 100 countries, it is no surprise that Coinbase is a reputable exchange. Triumphing in security over others, this platform reports no hacks or loss of funds due to criminal activity. Coinbase stores most of its digital assets in secure offline storage and ensures online protection using FDIC insurance.
You can store your digital assets in an online wallet and monitor them on the go as the platform has an elegant, user-friendly mobile app. You can start in just a few minutes by creating an account and linking your bank account to begin trading. Coinbase has reasonable fees and is compatible with numerous payment options.
This Crypto exchange in Singapore can be the best way to start your Crypto trading journey in no time.
PROS
- Highly secure
- You do not need to learn the technical Crypto language to start.
CONS
- High transaction and withdrawal fees
Best For
Protection Through Insurance
Price
Depends on Transaction Amount
Interface
Super easy
Crypto tokens available:
50+
Final Thoughts
Cryptocurrency exchanges are essential for succeeding, regardless if you are a trader or investor. Hence, you should be aware of the options available and how to choose wisely according to your requirements. The platforms listed above are some of the best Crypto exchanges Singapore. You can try any of them to kick off yourcrypto journey.
