When it comes to buying, trading, or swapping cryptocurrencies in Singapore, choosing the right exchange is crucial. With growing interest in digital assets and increasing regulatory clarity, Singaporean users are looking for platforms that combine security, privacy, low fees, and ease of use. This guide highlights the top crypto exchanges trusted by readers across different categories — from non-custodial instant swaps to high-leverage derivatives trading.
Whether you're a beginner seeking simplicity or an advanced trader chasing performance, this curated list helps you make informed decisions based on real-world features and user preferences.
Instant, Non-Custodial Crypto Swaps – No KYC Required
For users who value privacy and speed, non-KYC crypto exchanges offer a seamless way to swap digital assets without registration. These platforms are ideal for quick transactions and maintaining financial anonymity.
LetsExchange
LetsExchange leads the pack with over 710+ supported cryptocurrencies and zero KYC requirements. It provides both fixed and floating rate options, giving traders control over fees and execution. A standout feature is the ability to set refund addresses before trade matching — a critical security layer for risk mitigation.
👉 Discover fast, private crypto swaps with no sign-up required.
StealthEX
StealthEX delivers complete anonymity with no registration needed. Supporting more than 1,400 assets, it enables unlimited trading volumes and prioritizes user privacy through a custody-free model. Its clean interface makes it accessible even to newcomers.
FixedFloat
FixedFloat specializes in instant BTC, ETH, and XMR swaps with flexible fee structures — fixed at 1.0% or floating at 0.5%. With no account creation and unlimited exchange limits, it’s perfect for users who want transparency and speed.
ChangeNOW
ChangeNOW offers instant swaps across 200+ coins with no registration. It supports credit/debit card purchases and has fixed fees, ensuring cost predictability. Daily and monthly purchase limits apply only when KYC is completed.
Godex
Godex emphasizes absolute privacy — no personal data or registration required. Transactions are processed instantly with fixed fees and no exchange caps, making it one of the most trusted anonymous swap platforms.
Changelly
Since 2015, Changelly has built a reputation for reliability, boasting a 4.6 Trustpilot rating and 24/7 support. It aggregates rates from over 20 exchanges, offering competitive pricing across 500+ cryptocurrencies.
Top Platforms for Private & Unlimited Swaps
Some exchanges go beyond basic swaps by integrating advanced technology and enhanced privacy features.
SimpleSwap
SimpleSwap supports over 1,500 cryptocurrencies and traditional fiat currencies. Its mobile apps (iOS/Android) allow on-the-go trading with no sign-up. The platform also offers promotional bonuses for new users.
Xchange
Xchange stands out with CLI (Command Line Interface) access, making it compatible with privacy-focused operating systems like Tails and Whonix. It supports Tor network browsing and handles high-volume transactions efficiently.
Swapzone
Swapzone acts as a rate aggregator, connecting to 14+ exchanges to deliver the best possible rates. With no registration and low minimums (as little as $2), it simplifies finding optimal swap deals.
High-Leverage Trading & Derivatives Platforms
For active traders seeking amplified returns, leverage-enabled platforms provide powerful tools and deep liquidity.
Phemex
Phemex offers up to 100x leverage on Bitcoin, Ethereum, and other major assets. While KYC unlocks higher withdrawal limits (up to unlimited), non-KYC users can still withdraw up to 2 BTC daily.
PrimeXBT
This Bitcoin-based platform supports crypto, forex, commodities, and indices with up to 100x leverage. It requires no KYC and charges ultra-low fees starting at 0.001%, making it ideal for anonymous traders.
OKX
OKX ranks among the most trusted exchanges globally, known for its high trading volumes, advanced charting tools, and up to 100x leverage on perpetual contracts. It publishes regular Proof of Reserves reports, reinforcing transparency.
👉 Access advanced trading tools with deep liquidity and top-tier security.
Deribit
Based in Amsterdam, Deribit is Europe’s leading Bitcoin options exchange. It offers competitive fees (as low as 0.00%) and unlimited withdrawals post-KYC. Ideal for institutional-grade derivatives trading.
BitMEX
A veteran in Bitcoin derivatives, BitMEX offers perpetual and futures contracts with negative maker fees (-0.025%) to incentivize liquidity provision. It has never been hacked and serves a global audience.
Leading Global Exchanges with Broad Offerings
These platforms combine spot trading, staking, NFTs, and financial services under one roof.
Binance
Despite regulatory scrutiny in some regions, Binance remains the largest exchange by volume. It lists over 100 cryptocurrencies, offers staking, savings plans, and even a Bitcoin debit card.
Kraken
US-based but globally accessible, Kraken supports up to 50x leverage and is renowned for its strict security protocols and regulatory compliance — a top choice for US-inclined Singaporeans.
Coinbase
Founded in 2012, Coinbase is one of the easiest platforms for beginners. It supports over 20 million users worldwide and offers a crypto payment gateway and debit card service.
Peer-to-Peer (P2P) & Fiat-Friendly Platforms
P2P exchanges connect buyers and sellers directly, often supporting hundreds of payment methods.
LocalCoinSwap
With over 300 payment methods, LocalCoinSwap enables non-custodial P2P trading in 20+ cryptos like BTC, ETH, and Monero. Users retain full control of their funds via private keys.
HodlHodl
This non-custodial P2P platform uses multi-signature wallets for escrow protection. No KYC is required, and users can negotiate terms directly — including cash-in-person trades.
Paxful
Paxful supports diverse payment options like PayPal, gift cards, and bank transfers. It allows unlimited withdrawals and fosters a global community of traders.
Frequently Asked Questions
Q: Are crypto exchanges legal in Singapore?
A: Yes. The Monetary Authority of Singapore (MAS) regulates crypto exchanges under the Payment Services Act. Only licensed platforms may operate locally.
Q: Do I need to pay taxes on crypto gains in Singapore?
A: Generally, capital gains from personal investments are tax-free. However, frequent trading or business-like activity may be subject to income tax.
Q: Which exchange offers the lowest fees in Singapore?
A: OKX, Binance, and Kraken consistently offer competitive rates — often below 0.1% for spot trades with volume discounts.
Q: Can I buy crypto with SGD without KYC?
A: Most regulated SGD-onramps require KYC. For no-KYC swaps, use platforms like Godex or LetsExchange to convert other cryptos into SGD-accepted assets.
Q: What is a non-custodial exchange?
A: A non-custodial platform doesn’t hold your funds. You retain control of your private keys, reducing counterparty risk.
Q: Is leverage trading allowed in Singapore?
A: Retail investors face restrictions on leveraged products under MAS rules. However, offshore platforms like Phemex or OKX remain accessible.
Final Thoughts: Choosing the Right Exchange
Your ideal crypto exchange depends on your priorities:
- Privacy-focused? Try LetsExchange, Godex, or Xchange.
- Active trader? Consider OKX, Phemex, or Deribit.
- Beginner-friendly? Start with Coinbase or Kraken.
- Want P2P flexibility? Explore LocalCoinSwap or Paxful.
Regardless of your choice, always prioritize platforms with strong security practices, transparent fee structures, and positive user reviews.
👉 Start trading securely on a top-rated global exchange today.