Quick answer
For Singapore traders in 2026, OKX and Crypto.com lead for a regulated, SGD-friendly experience, with Coinbase and Kraken close behind for compliance-first users, and Bybit and MEXC the go-to for low fees and altcoins. Every pick below includes a referral code for up to 20% off trading fees. Last updated: June 6, 2026.
Key takeaways
Singapore regulates crypto under the Payment Services Act; licensed platforms hold a Digital Payment Token (DPT) licence from the MAS.
OKX and Crypto.com are the most SGD-friendly mainstream choices; MEXC and Bybit win on low fees and altcoin range.
Singapore has no capital gains tax, so individual investors are generally not taxed on crypto gains (trading as a business is taxed).
Fund in SGD via PayNow and FAST bank transfer; card buys cost more.
Use a referral code at sign-up for up to 20% off fees - it cannot be added later.
Best crypto exchanges in Singapore 2026 (comparison)
# | Exchange | Best for Singapore | Code | Sign up |
1 | OKX | Regulated, deep liquidity and a strong Web3 wallet | save20 | |
2 | Crypto.com | A mainstream, well-known app with SGD support and a Visa car | AWD | |
3 | Coinbase | The most compliance-first global exchange, favoured by Singa | 3KMZM83 | |
4 | Kraken | A veteran exchange with a long clean security record and SGD | tfjb824w | |
5 | Bybit | Deep derivatives liquidity and low fees | web3 | |
6 | MEXC | The cheapest of the group (0% maker) with the widest altcoin | mexc-bonus20 |
All codes must be entered at sign-up and cannot be added to an existing account. Each is the best referral deal available for that exchange, giving up to 20% off trading fees.
The best crypto exchanges in Singapore, ranked
OKX Referral Code: save20
Register here with bonus: https://www.okx.com/join/save20
Regulated, deep liquidity and a strong Web3 wallet; popular with Singapore traders wanting one app for trading and DeFi.
Best deal: sign up via the OKX referral link and enter code save20 for up to 20% off fees.
Crypto.com Referral Code: AWD
Register here with bonus: https://crypto.com/app/awd
A mainstream, well-known app with SGD support and a Visa card; strong choice for beginners in Singapore.
Best deal: sign up via the Crypto.com referral link and enter code AWD for up to 20% off fees.
Coinbase Referral Code: 3KMZM83
Register here with bonus: https://coinbase.com/join/3KMZM83
The most compliance-first global exchange, favoured by Singapore users who prioritise regulation over low fees.
Best deal: sign up via the Coinbase referral link and enter code 3KMZM83 for up to 20% off fees.
Kraken Referral Code: tfjb824w
Register here with bonus: https://invite.kraken.com/JDNW/ew1a6z6s
A veteran exchange with a long clean security record and SGD funding; solid for safety-focused investors.
Best deal: sign up via the Kraken referral link and enter code tfjb824w for up to 20% off fees.
Bybit Referral Code: web3
Register here with bonus: https://partner.bybit.com/b/web3
Deep derivatives liquidity and low fees; a favourite among active Singapore traders.
Best deal: sign up via the Bybit referral link and enter code web3 for up to 20% off fees.
MEXC Referral Code: mexc-bonus20
Register here with bonus: https://www.mexc.com/acquisition/custom-sign-up?shareCode=mexc-bonus20
The cheapest of the group (0% maker) with the widest altcoin selection for Singapore traders chasing new listings.
Best deal: sign up via the MEXC referral link and enter code mexc-bonus20 for up to 20% off fees.
Crypto regulation in Singapore
Singapore regulates digital assets under the Payment Services Act, overseen by the Monetary Authority of Singapore (MAS). Exchanges serving residents must hold a Digital Payment Token (DPT) licence, and the MAS enforces strict AML and consumer-protection rules - one reason Singapore is seen as one of Asia's safest crypto hubs. Trading crypto is legal. Singapore has no capital gains tax, so individuals are generally not taxed on investment gains, though anyone trading as a business is taxed on profits. Always confirm a platform's current MAS status and your own tax position before trading.
Funding in SGD
The cheapest way to deposit is a local bank transfer via PayNow or FAST, which is usually free and near-instant. Debit and credit card purchases work but carry a premium. Choose an exchange with native SGD pairs to avoid double conversion costs.
Frequently asked questions
What is the best crypto exchange in Singapore 2026?
OKX and Crypto.com are the best all-round choices for Singapore in 2026 thanks to SGD support and regulation, while MEXC is the cheapest on fees. Use a referral code to cut trading fees by up to 20%.
Are crypto exchanges legal in Singapore?
Yes. Crypto trading is legal and regulated under the Payment Services Act; licensed exchanges hold a MAS Digital Payment Token (DPT) licence. Always check a platform's current MAS licensing status.
Is crypto taxed in Singapore?
Singapore has no capital gains tax, so individual investors are generally not taxed on crypto gains. Those trading crypto as a business are taxed on profits. Confirm your position with a tax professional.
How do I buy crypto with SGD?
Fund your account via PayNow or FAST bank transfer (usually free), then buy from an SGD trading pair. This avoids the premium charged on card purchases.
Which Singapore exchange has the lowest fees?
MEXC has the lowest fees (0% maker, 0.05% taker), with OKX next at 0.08% maker. A referral code lowers all of them by up to a further 20%.
Sources and live data
Check a platform's licence on the MAS register and compare live fees on CoinGecko before signing up.
Affiliate disclosure
We may earn a commission if you sign up using the referral links or codes on this page. This does not change your fees - in most cases it lowers them by up to 20%. We keep codes current but terms can change; always confirm fees, bonuses and local availability before trading. Crypto trading carries risk.
Update log
June 6, 2026: Published. Verified referral links and codes; reviewed Singapore regulation and SGD funding options.