Binance alternatives

Binance is no longer available in Singapore. These are the best alternative exchanges.

Kwok Zhong Li avatar
Written by
Updated 16 May 2025   |   Rates updated regularly

Comparing of 7 Binance alternatives

Independent Reserve

On website

Featured

Independent Reserve

Highlights

  • Licensed by the Monetary Authority of Singapore (MAS)
  • Easy sign up using Myinfo with Singpass, and instant deposits 24/7 via FAST transfer
  • One of the lowest fees in town. Trading fees from 0.02% to 0.5%

Pros

  • Automate your cryptocurrency trading strategy with Independent Reserve's AutoTrader feature.
  • Its built-in tax calculator makes it easier to file your tax return.
  • ISO certified and has an AUSTRAC license.

Cons

  • It has a limited number of supported coins compared to other exchanges.
Gemini Exchange

Not available for application via this website

Gemini Exchange

Highlights

  • Trade over 90 cryptocurrencies, including Bitcoin, Ethereum, and Solana, through a secure and MAS-regulated platform.
  • Set up recurring buys to automate your crypto investments.
  • Stake select tokens like ETH and SOL to earn rewards.

Pros

  • Offers both a beginner-friendly interface and the advanced ActiveTrader platform for seasoned users
  • Deposit and withdraw SGD via FAST bank transfers, debit cards, or Apple Pay.
  • MAS-regulated exchange, giving Singapore users peace of mind around compliance and security.
  • Enhanced security features, including two-factor authentication (2FA) and support for hardware security keys.

Cons

  • Trading fees on the standard platform are higher than some competitors.
  • Limited token variety compared to larger global exchanges.
Changelly

On website

Changelly

Highlights

  • Swap over 1,000 cryptocurrencies without creating an account—fast, easy, and secure.
  • Keep control of your crypto at all times with Changelly’s non-custodial exchange model.
  • Flat 0.5% fee on crypto-to-crypto trades, so you know exactly what you're paying.
  • Buy crypto with SGD using your Visa, Mastercard, Apple Pay, or bank transfer

Pros

  • Competitive swap rates from top exchanges like Binance and Poloniex—no sneaky markups.
  • Most crypto-to-crypto swaps are done in under 30 minutes, depending on blockchain traffic.
  • Compatible with popular wallets like Ledger, Trezor, and Exodus, so you can trade straight from where you store your coins.
  • Live chat support is available 24/7 if you need help with a swap or an issue with your transaction.

Cons

  • Limited trading features on the standard platform.
  • Payment methods vary by provider.
Coinbase

Not available for application via this website

Coinbase

Highlights

  • Buy and sell over 200 cryptocurrencies, including Bitcoin, Ethereum, and Solana, all in one place.
  • Set up recurring buys with SGD—daily, weekly, or monthly—to automate your crypto investments.
  • Deposit and withdraw SGD via FAST bank transfers; USD transfers are also supported through SWIFT.
  • Earn rewards by staking eligible cryptocurrencies like Ethereum (up to 2.12% APY), Solana, and Cosmos (up to 14.24% APY).

Pros

  • Regulated by MAS, giving Singapore users a secure and trusted platform to trade.
  • Supports SGD deposits and withdrawals via FAST—simple, local, and fee-free.
  • User-friendly app and dashboard that’s easy to navigate, even for first-time traders.
  • Offers deeper tools and charts through Coinbase Advanced when you're ready to level up.
  • Strong security features in place, with insurance for online assets.
  • Learn while you trade with free crypto rewards through Coinbase Learn.
  • Handy tax tools help keep track of your gains come reporting time.

Cons

  • Fees can be higher compared to other exchanges, especially on smaller trades.
  • Limited range of cryptocurrencies compared to some other platforms.
  • Customer support can sometimes be slow to respond.
  • No option for crypto margin trading or futures yet.
Kraken

Not available for application via this website

Kraken

Highlights

  • Trade over 200 cryptocurrencies with access to 700+ markets, including spot, margin, and futures trading.
  • Stake popular tokens like ETH, SOL, or DOT and earn rewards of up to 17% APY.
  • Advanced tools for serious traders, including real-time charting, depth-of-market views, and up to 5x margin.
  • Around-the-clock support and strong security features like 2FA and global settings lock to help keep your account secure

Pros

  • Low fees for high-volume traders—maker fees start from 0% and taker fees from 0.10%.
  • Deep liquidity across major trading pairs keeps spreads tight and orders filled fast.
  • Easy to get started, with a clean interface that suits both new and advanced users.
  • Offers spot, margin, and futures trading—everything in one platform.
  • Access to a solid knowledge base with guides, tutorials, and market updates.
  • MAS-compliant and licensed under Singapore’s Payment Services Act.

Cons

  • No SGD deposits or withdrawals—requires currency conversion to and from USD or other supported currencies.
  • Verification may take longer during peak periods.
  • The interface might feel basic for users looking for a full-featured trading terminal.
Tokenize Exchange

Not available for application via this website

Tokenize Exchange

Highlights

  • Easy and simple to use interface.
  • Use our Tokenize Xchange emblem, TKX, to enjoy discounts on your trading fees, for as low as 0.1% for Platinum users.
  • Download the app and add funds to your account, view stock market information as well as buy and sell cryptocurrencies.

Pros

  • Supports SGD.
  • Earn when you refer a friend.
  • Mobile trading app and wallet.
  • Singapore based.

Cons

  • Withdrawal fees apply.
Crypto.com

Not available for application via this website

Crypto.com

Highlights

  • Buy & trade easily with Bitcoin, Ethereum, and 400+ other cryptos using 20+ fiat currencies.
  • Trade with flexibility using lower margin requirements and better capital efficiency.
  • Earn while you hold by staking your crypto and unlocking interest and rewards.
  • Get up to 5% cashback with the Crypto.com Visa Card.

Pros

  • More than just trading—access lending, borrowing, debit cards, and other financial tools.
  • Start small with trades as low as S$1.35.
  • Use your assets wisely by leveraging spot holdings as collateral.
  • Explore DeFi with a range of decentralized finance features.
  • Refer and earn rewards.
  • Seamless transactions via NPP and Apple/Google Pay.
  • Regulated by the Monetary Authority of Singapore.

Cons

  • Lacks in-depth educational content for beginners.
  • Withdrawal fees can be higher compared to other exchanges.
  • The platform’s advanced features may be overwhelming for beginners.

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