The cryptocurrency market is becoming one of the new investment platforms with good experiences and growth. It is an exchange market without intermediaries, speedy trade, and with no or low brokerage costs. So even if individuals invest small amounts of money in cryptocurrency investment at the right time and make the right choice, they will get big rewards.

Undoubtedly, individuals can earn many rewards from cryptocurrency investment, but it does not mean that in this market, risks are not involved. So before investing, take suggestions from crypto traders so that you can know about options you have and make the best choice for yourself. Cryptocurrencies are also exciting and have become famous because they offer speculative traders a volatile asset to earn daily profits.

There are many crypto exchanges in different countries. Singapore also has many crypto exchanges that help beginners trade, buy and sell digital assets that are right for them. Singapore has approx 100 crypto exchange platforms. From them, we discussed the top five cryptocurrency exchanges to make your decision easier.

Top Five Cryptocurrency Exchanges In Singapore

  1. Coinbase:

    Coinbase exchange name is like a synonym of cryptocurrency. It is a reputable and safe exchange to sell and buy bitcoin and other currencies. It is one of the world’s largest bitcoin brokers. This exchange is best for beginners because it provides them with a fast and easy way to purchase bitcoins and other cryptocurrencies. Coinbase cryptocurrency exchange was founded in 2012, and they offer many different solutions like custodian solutions, institutional services, and exchanges for advanced trading. Coinbase exchange is a popular exchange and trusted by thousands of investors all over the world. Coinbase exchange supports more than 30 countries like Singapore, Europe, the UK, the US, Australia, and Canada. They enable their customers to purchase bitcoin cash, bitcoin, Litecoin, Etherum with several different payment methods such as through debit cards, bank transfers, SEPA transfer, etc. traders get up to $ 36 when they sign up using coinbase earn.

    In coinbase, the exchange is user-friendly and inborn to use. It is the safest exchange with no compromise of security systems or reported hacks and no loss of funds due to criminal activity. Coinbase also has storage solutions that make it easy for users or traders to store their cryptocurrencies after purchase. Coinbase charges high fees on the selling and buying cryptocurrencies, and fees vary from method to method.

  2. Binance:

    It is one of the most popular cryptocurrency exchanges globally and has the highest trading volume. This exchange mainly supports crypto-to-crypto trading, and now they have decided to start fiat currency trading in the future. It is a leading digital cryptocurrency exchange that offers investors or individuals a place to trade, buy, and sell up to 200 trading pairs. Binance has its own BNB and native tokens that traders can use to avail of a 50 percent reduction in fees.

    That exchange was established in 2017 and has grown rapidly. Binance does not charge fees for depositing, and its standard trading fee is 0.1%. The crypto trading exchange pairs available are Bitcoin, BNB, USDT, and Etherum. Currently, the Binance exchange has more than 150 cryptocurrencies that are traded against bitcoin. Suppose any trader faces security issues, their team deals with the problem effectively and promptly.

    In binance, some issues arise related to accounts, but no user’s account has been hacked. In Singapore, Binance supports investors or traders to trade, buy, and sell eight crypto assets using SGD dollars directly through binance Singapore with internet banking transfer or debit/credit cards by using Xfers wallet. This binance cryptocurrency exchange products include:

    • Leverage and derivatives tokens.
    • Buy a wide range of Fiat currencies.
    • Secure binance wallet to safe or store cryptocurrency assets.
    • Supports multiple payment methods like credit/debit cards and bank deposits.
    • Binance VISA card for converting and paying with crypto.
  3. Gemini:

    It is a cryptocurrency exchange that is famous for offering a safe way for individuals, institutions, and traders to buy, store, and sell bitcoin and cryptocurrencies. It has an easy-to-use and clean interface. Gemini exchange provides advanced trading, secure wallet, exchange crypto trades, custody service, and mobile trading app.

    According to us, Gemini will be excellent for beginners or those who want to HODL (hold on for dear life) and buy where rich features are redundant. It is friendly with smaller capital people, but they need to invest in small amounts to get regular income regularly. Gemini is constantly trying innovations and mass adoption to provide a safe and easy way for the world’s citizens to interact with crypto.

    In the Gemini exchange, there are 53 cryptocurrencies for trade or investment. Cryptocurrencies include Bitcoin, Ethereum, Litecoin, Zcash, Bitcoin cash, Orchid, ox, Filecoin, Curve, Dai, Chainlink, etc.

  4. BitMart:

    BitMart is one of the leading digital asset or cryptocurrency exchanges globally that allow investors or users to trade, buy, and sell cryptocurrencies like bitcoin, ethereum, etc. BitMart supports many languages such as English, Japanese, Mandarin, Vietnamese, etc. It was founded in 2017 by Sheldon Xia. It has over 5.5 million users around the globe. The exchange platform offices are in Seoul, Hong Kong, New York, Greater China, Singapore, US. Bitmart decided to expand its products and services by offering futures trading, lending services, and staking to earn rewards.

    Currently, it left its competitors behind by its exciting feature of eliminating the hassles. It is an exchange that can transform difficult trading into hassle-free dealing and a good source of passive income. This exchange is tailored for intermediate traders or beginners who can access a market with 100 crypto pairs against ethereum, bitcoin, BMX tokens, tether, etc. The bitmart exchange supports multi-cluster and multi-layer system architecture to confirm the system’s security, stability, and scalability.

  5. Warizx:

    It is an Indian cryptocurrency trading exchange that is based in Mumbai. This platform offers people simple trading apps with excellent features. Warizx was unveiled in march 2018 by Sammer Mhatre, Nischal Shetty, and Siddharth Menon for buying, trading, and selling of cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc. in 2018, Warizx became the fastest growing exchange in India with over 4 lac users and average rating 4.6. It is a user-friendly crypto trading exchange or platform with robust security features.

    The owner of wazirx said that it is the perfect platform for seasoned traders and professionals, and beginners who want to test the crypto market. This exchange allows RTGS, NEFT, IMPS deposits but does not accept credit cards.

Conclusion

The cryptocurrency market is very vast. And every country has many exchanges to deal in cryptocurrency, so maybe it is difficult for beginners to understand which exchange is best for their wants. So for Singapore beginners, we discussed the top five best cryptocurrency exchanges in Singapore to make their decision easy, quick, and perfect.