🇸🇬
Best Crypto Exchange in Singapore 2026
Compare the top 5 exchanges available in Singapore — fees, features, SGD support, and legal status.
🟢 Legal — Regulated by MAS
⚡ Best Picks for Singapore
Exchange Comparison for Singapore 🇸🇬
| Exchange |
Rating |
Spot Fees |
Futures Fees |
In Singapore |
Notes |
| MEXC |
⭐⭐⭐⭐⭐ |
0% / 0% |
0% / 0%* |
✅ Yes |
Available, SGD card deposits |
| Bybit |
⭐⭐⭐⭐⭐ |
0.1% / 0.1% |
-0.01% / 0.06% |
✅ Yes |
Singapore HQ, MAS licensed, SGD deposits |
| Bitget |
⭐⭐⭐⭐½ |
0.1% / 0.1% |
-0.01% / 0.06% |
✅ Yes |
Available, card deposits in SGD |
| Phemex |
⭐⭐⭐⭐ |
0.1% / 0.1% |
-0.025% / 0.075% |
✅ Yes |
Available with card deposits |
| OKX |
⭐⭐⭐⭐½ |
0.08% / 0.10% |
0.02% / 0.05% |
✅ Yes |
MAS licensed Singapore entity, SGD support |
*MEXC 0% futures fees on select pairs. Updated April 2026.
Is Crypto Legal in Singapore? 🇸🇬
Legal — Regulated by MAS
Cryptocurrency trading is legal in Singapore and well-regulated. The Monetary Authority of Singapore (MAS) regulates crypto service providers under the Payment Services Act (PSA). Major international exchanges including Bybit (headquartered in Singapore) and OKX have MAS licenses. Singapore has 0% capital gains tax, making it extremely favorable for crypto traders. The city-state is one of Asia’s most important crypto hubs.
💳 Payment Methods
PayNow, FAST bank transfer, debit/credit cards, crypto deposits
🏛️ Tax Overview
Singapore has 0% capital gains tax. Crypto gains are generally not taxed for individual investors. However, frequent trading that looks like a business may be taxed as ordinary income (0-24% depending on income bracket). GST (9% as of 2024) may apply to some crypto services. Singapore is one of the most tax-friendly jurisdictions for crypto.
Top 5 Exchanges for Singapore
Zero spot fees, 2,000+ coins. Best for cost-conscious active traders.
Spot: 0% / 0%
Futures: 0% / 0%*
Open MEXC →
Top derivatives platform with deep liquidity and advanced tools.
Spot: 0.1% / 0.1%
Futures: -0.01% / 0.06%
Open Bybit →
Best copy trading — follow top traders automatically, ideal for beginners.
Spot: 0.1% / 0.1%
Futures: -0.01% / 0.06%
Open Bitget →
0% spot fees with Premium membership. Strong security track record.
Spot: 0.1% / 0.1%
Futures: -0.025% / 0.075%
Open Phemex →
Full ecosystem: spot, futures, DeFi, NFTs, Web3 wallet. EU-licensed.
Spot: 0.08% / 0.10%
Futures: 0.02% / 0.05%
Open OKX →
Frequently Asked Questions — Singapore
Is crypto trading legal in Singapore?
Yes, cryptocurrency trading is fully legal in Singapore. The Monetary Authority of Singapore (MAS) regulates crypto service providers under the Payment Services Act. Singapore has some of the clearest crypto regulations in Asia. Major exchanges including Bybit (HQ) and OKX hold MAS licenses to operate in Singapore.
Do Singapore residents pay capital gains tax on crypto?
No. Singapore has 0% capital gains tax, which means crypto trading profits are generally tax-free for individual investors. However, if the Inland Revenue Authority of Singapore (IRAS) determines you are trading as a business rather than investing, the income may be taxed as ordinary income. Occasional investors are generally not taxed.
Which crypto exchanges are based in Singapore?
Bybit is headquartered in Singapore and holds MAS licensing. OKX also has a Singapore entity with MAS approval. Both are among the most trusted exchanges for Singaporean users due to local regulatory compliance. Additionally, Crypto.com is another Singapore-based exchange.
Can Singapore residents use Bybit and MEXC?
Yes, both are fully available to Singapore residents. Bybit (Singapore HQ) has direct SGD deposit support and MAS licensing. MEXC accepts Singaporean users with SGD card deposits. All five exchanges in our comparison operate legally for Singapore-based traders.
What is the best exchange for futures trading in Singapore?
Bybit is the top choice for futures trading from Singapore — it is headquartered there, MAS licensed, has the deepest BTC/ETH futures liquidity in Asia, and offers up to 100x leverage on perpetuals. OKX is the runner-up with strong institutional-grade derivatives. Use our crypto futures calculator to compare P&L and liquidation prices before trading.
