Best Crypto Platforms in 2025

What is a cryptocurrency?

A cryptocurrency is a form of digital money that exists only online. Unlike traditional currencies such as the Singapore Dollar (SGD) or US Dollar, cryptocurrencies are not issued or controlled by any government or central bank. Instead, they use cryptographic techniques to secure transactions and control the creation of new units, making them independent from national authorities and often global in reach.

What makes cryptocurrencies unique is the way transactions are managed. Rather than relying on a central authority like a bank to process and verify transfers, cryptocurrencies operate on a decentralized, peer-to-peer network. This means that users can send and receive funds directly to each other, without the need for intermediaries. The backbone of this system is the blockchain—a public digital ledger where every transaction is recorded and visible to all, ensuring transparency and reducing fraud.

For cryptocurrencies to operate securely, the network relies on individuals known as miners or validators. These participants help verify and approve transactions by solving complex computational problems (mining) or by validating blocks according to their stake in the network. They play a crucial role in maintaining the integrity and safety of the system, ensuring that all transactions are legitimate and that the network remains trustworthy for all users.

Which platforms are available for cryptocurrency investing?

Investing in cryptocurrencies can be done via two main types of platforms: crypto exchanges (for actual crypto asset ownership) and crypto brokers (for trading derivatives like CFDs). While exchanges let you buy and own digital coins directly, brokers offer the ability to speculate on price movements without ever holding the underlying crypto. Each approach serves different needs: exchanges are generally chosen for long-term investment and holding, while brokers are suited to active traders looking to benefit from price swings, often using leverage.

What is a Crypto CFD?

A CFD (Contract for Difference) is a financial derivative. A crypto CFD allows you to speculate on the price movements of cryptocurrencies like Bitcoin or Ethereum without actually owning them. Instead of buying the asset, you enter an agreement with the broker to exchange the difference in value between the opening and closing price of the contract. This means you can profit from both rising ("long") and falling ("short") markets. Brokers often allow the use of leverage—that is, you can open larger positions with a smaller initial investment—but this increases both potential gains and risks.

Crypto Exchange

A crypto exchange is a platform that lets you buy, sell, and hold cryptocurrencies directly. After purchasing, your digital assets can be stored on the platform or transferred to your personal wallet for enhanced security. Exchanges mostly provide access to the spot market for real coins and may also offer additional features like staking (earning rewards by locking up your tokens).

Common uses:

• Investing and holding cryptocurrencies for the long term
• Diversifying portfolio with multiple tokens
• Participating in staking or yield programs

Example of investing via an exchange

Imagine you decide to invest €1,000 in Ethereum (ETH) for long-term growth. Using a crypto exchange, you purchase €1,000 worth of ETH at the current market price. Afterwards, you store your ETH in your exchange account or move it to your personal wallet. You directly own the ETH, and its value will fluctuate with the market. You hold your ETH for several years, potentially benefiting from price appreciation and can also stake it if the exchange allows.

Crypto Broker

A crypto broker offering CFDs enables you to trade on the future price movement of cryptocurrencies, without actually owning the digital asset. You can go "long" (betting on price increase) or "short" (betting on price decrease), and you can use leverage to amplify your exposure. Brokers typically provide advanced trading tools—including conditional orders and fast execution.

Main features:

• Leverage (e.g., x5): trade larger positions with less capital
• Advanced orders (stop loss, take profit) to manage risk
• No actual crypto ownership (no wallet required)

Example of investing via a broker

Suppose you want to speculate on Bitcoin (BTC) price rising and use a broker that allows leverage. You deposit €200 and open a long CFD position on BTC with 5x leverage, giving you market exposure equivalent to €1,000. If BTC’s price increases by 10%, your position would be worth €1,100 (a €100 gain, minus fees)—representing a 50% return on your original €200. However, if the market drops by 10%, you could lose half your capital quickly. Be aware: leverage magnifies both gains and losses.

What are the fees charged by crypto brokers and platforms?

Trading cryptocurrencies involves several types of fees that can impact your returns. Costs vary depending on the platform you use, your preferred investment method (such as spot trading or CFDs), and how often you trade. Understanding these fees is essential for choosing the right crypto platform for your needs in Singapore.

Good to know:

Deposit fees, withdrawal fees, and inactivity fees mainly affect beginners or passive investors who trade infrequently or hold their assets long-term. Trading fees, spreads, and overnight/swaps are more relevant for active traders who execute frequent trades or use leveraged products. Always review the fee structure of any platform before you start trading.

What services are offered by crypto platforms?

Today’s crypto platforms offer much more than simple buying and selling of cryptocurrencies. Modern investors in Singapore can now access a broad range of tools designed to optimize returns, diversify their portfolio strategies, and participate deeply in the fast-growing Web3 ecosystem. From earning passive income to leveraging crypto-backed services and exploring digital collectibles, these platforms empower users with new opportunities beyond traditional trading.

Crypto staking

Crypto staking involves locking up your digital assets to help secure a blockchain network, especially those using a Proof-of-Stake (PoS) consensus mechanism. In exchange for securing and validating transactions, you receive regular payouts (staking rewards). Platforms in Singapore often offer both flexible staking, which allows you to withdraw your funds at any time, and locked staking, where your assets remain inaccessible for a set period but typically yield higher returns.

Staking can be an attractive way for long-term holders to make their assets work without actively trading, with choices between flexibility and higher yields.

Crypto lending

Crypto lending lets you lend out your digital assets to other users or institutions through a platform, earning interest in return. This process can be automated via DeFi protocols or managed by centralized services. In Singapore, many users prefer to lend stablecoins like USDT or DAI because their value is pegged to the US Dollar, thus minimizing volatility while generating returns. Popular cryptos—such as BTC or ETH—can also be lent out, but with higher risks of price swings.

Stablecoin lending is especially popular for those seeking stable, predictable returns on their crypto portfolio.

Crypto mining and farming

Crypto mining is the process of using computational power (often high-end GPUs or ASIC devices) to validate transactions and secure blockchain networks, mainly on Proof-of-Work chains like Bitcoin. While accessible to individuals, mining in Singapore is less common due to high electricity costs and the need for specialized equipment. Participants must consider hardware expenses, lower profit margins, and significant energy use.

Yield farming, also known as liquidity mining, is a decentralized finance (DeFi) strategy where investors provide liquidity to decentralized exchanges or lending protocols. In return, they receive a share of trading fees and additional token rewards. Yields can be much higher than traditional products but come with higher risks, including smart contract vulnerabilities and the possibility of impermanent loss if token values fluctuate significantly.

Mining provides relatively stable returns but generally requires significant initial investment and ongoing operational costs. In contrast, yield farming offers higher and more variable returns, but with increased exposure to platform and market risks.

NFT

NFTs (Non-Fungible Tokens) are unique digital assets representing ownership of art, collectibles, music, or virtual property. On leading platforms, users can buy, sell, and even create their own NFTs via simple interfaces. In Singapore, most NFT transactions occur on blockchains like Ethereum or Polygon, with fees ("gas fees") typically ranging from a few SGD (Polygon) up to dozens of SGD (Ethereum) per transaction, depending on network congestion. NFTs can be used for collecting digital art, speculating on future value, supporting creators, or accessing exclusive content and communities. As the NFT space evolves, investors should consider both potential gains and the significant volatility in this young market.

Which cryptocurrencies can be traded with an online platform?

The best crypto trading platforms offer access to thousands of digital assets. In 2025, more than 10,000 cryptocurrencies are listed, but only a fraction of them meet the essential criteria for trading: sufficient liquidity for easy order execution, meaningful volatility to create trading opportunities, or a fundamental use case that anchors their value. Understanding the main families of cryptos available for trading is the first step in building an effective trading approach. Below is an overview of the main categories you can expect to find on reputable platforms in Singapore, alongside their relevance for traders.

Before deciding which cryptocurrency to trade, it’s essential to consider several key indicators to assess their suitability for your strategy:

• Daily trading volume: Cryptos with a daily trading volume above 500 million USD (or the SGD equivalent) tend to offer good liquidity, allowing easier entry and exit without significant slippage.
• Historical volatility: Some assets, such as SOL or DOGE, can fluctuate between 5% and 20% in a single day—a factor that increases potential gains but also risk.
• Market capitalization: Top 20 cryptocurrencies are generally more stable and less prone to manipulation than smaller-cap (low market cap) assets.
• Real-world utility: Projects involved in payments, smart contracts, or DeFi applications typically have a stronger basis for maintaining value over time.

How to choose a cryptocurrency platform?

Choosing the right crypto exchange platform is a crucial step for anyone looking to invest or trade cryptocurrencies. The ideal platform depends on several factors, including your level of experience, your investment goals—whether you are seeking short-term trading opportunities or a long-term holding strategy—and the specific features you require. In Singapore, platforms range from simple beginner-friendly interfaces to advanced solutions for active traders, each distinguished by specific criteria that address diverse user needs.

• Regulation and legal registration: Ensure the platform is licensed or overseen by reputable authorities such as the Monetary Authority of Singapore (MAS) or other recognized regulatory bodies.
• Range of cryptocurrencies available: Consider the number and variety of cryptocurrencies offered for purchase or trading.
• Transaction fees: Compare commissions, spreads, and withdrawal fees to evaluate the overall cost of using the platform.
• User interface quality: Assess the platform’s ease of use, speed, and clarity, especially if you value a seamless trading experience.
• Trading tools available: Look for advanced features such as leverage, sophisticated order types, and charting indicators for deeper market analysis.
• Staking or lending options: Some platforms allow you to earn rewards or yield by staking or lending your crypto assets.
• Quality of the mobile app: A robust and user-friendly mobile application ensures you can trade and monitor portfolios on the go.
• Platform reputation: Review user opinions, security history, and how the platform has managed any past incidents.
• Accepted deposit methods: Check whether you can fund your account easily via card payment, bank transfer, or stablecoins.
• Customer support: Reliable, responsive, and preferably local-language customer service is a key asset for resolving issues efficiently.

By considering these criteria, every user—from long-term investors and active traders to casual participants—can identify the crypto exchange platform that best matches their needs and expectations.

What is the best crypto platform according to experience level?

Choosing the right crypto platform is a crucial step for investors in Singapore, as each person’s experience level comes with specific needs. Whether you’re just starting out or are already a seasoned trader, your priorities will differ: from ease of use and education for beginners, to advanced tools and lower fees for more experienced investors. Below, discover which platform types are best suited to your experience level and what to look for when making your choice.

Best Crypto Platform for Beginners

Beginners are new to crypto trading and may feel overwhelmed by complex interfaces. Their main needs are security, simplicity, and clear guidance. The right platform should help them trade with confidence and learn the basics safely.

• Simple and intuitive user interface
• Strong customer support and educational resources
• Clear pricing with low minimum deposit
• Robust security features (e.g., 2FA, regulated platform)
• Easy fiat deposit and withdrawal options

Exemple

A beginner signs up on a user-friendly exchange that offers step-by-step tutorials and responsive support, making their first crypto purchase in just a few clicks.

Best Crypto Platform for Active Traders

Active traders execute multiple trades per day or week and require efficiency and speed. Their priorities are low costs, market access, and tools for quick decision-making. They look for platforms that optimize workflow and support frequent trading.

• Low trading fees and competitive spreads
• High liquidity and fast order execution
• Advanced trading charts and analysis tools
• Real-time market data and price alerts
• Convenient mobile app for trading on-the-go

Exemple

An active trader uses a platform offering advanced charting and minimal fees, taking advantage of rapid price movements throughout the day via a mobile app.

Best Crypto Platform for Experienced Traders

Experienced traders, sometimes called “pro” or institutional traders, manage high volumes and deploy sophisticated strategies. They need advanced functionalities, deep liquidity, and comprehensive security.

• Access to a wide range of advanced order types (e.g., stop, limit, OCO)
• API connectivity for algorithmic trading
• Deep liquidity and large volume handling
• Advanced risk management and security controls
• Detailed reporting and portfolio analytics

Exemple

An experienced trader integrates their own algorithm with the platform via API, executes high-frequency strategies, and relies on detailed analytics to optimize performance.

Which crypto platforms are registered in SG?

In Singapore (SG), any company wishing to offer crypto-asset services—such as buying, selling, custody, or trading—must be registered with the local financial authority or hold an equivalent authorization from an overseas jurisdiction recognized for its regulatory standards. Local registration is the responsibility of the Monetary Authority of Singapore (MAS) and ensures that crypto service providers meet essential requirements in anti-money laundering (AML/CFT), operational security, and transparency.

List of Brokers Registered in SG

Some platforms are formally registered to provide crypto services in Singapore, most commonly as Major Payment Institution (MPI) license holders under the Payment Services Act. Others may operate under a relevant equivalent or as licensed subsidiaries. Registration indicates that these platforms have met local compliance standards, particularly around AML/CFT and customer due diligence.

Important information

Important: Local registration does not guarantee protection of your capital, nor does it provide the same level of safeguards as a fully licensed bank or a regulated asset management company.

Other Reliable Regulations in SG

Some service providers may not have a direct registration in Singapore but are regulated in other reputable jurisdictions and may offer services to Singapore-based clients under international standards. These include platforms holding licenses from recognized European or international authorities, which enforce comparable standards in AML, consumer protection, and operational security.

All these regulatory frameworks require that platforms adhere to high standards of fund security, transparency, and fair treatment of clients, in line with the expectations for investors within Singapore and recognized global markets.

What strategies are there for investing in cryptocurrencies?

Investing in cryptocurrencies can take several forms depending on your involvement, investment timeframe, and comfort with risk. Whether you prefer a hands-on approach or a more passive strategy, it is important to choose a method that fits your goals and experience. Below are the main strategies used in crypto investing and trading, along with concise descriptions and practical examples.

What taxation applies to income from crypto trading in SG?

The taxation of crypto-assets in Singapore is governed by clear and evolving regulations. The applicable tax regime depends both on the type of activity carried out (occasional or professional) and the nature of the income received, such as capital gains, interest from staking or lending, or income from trading. Understanding your tax obligations is essential to ensure compliance when using the best crypto platforms in Singapore.

Additional information

• Capital gains made by private individuals from buying and selling crypto (including exchange into other crypto) are generally not taxable in Singapore. However, if the trading is habitual and resembles a business, profits may be taxed as income.
• The taxable amount (if applicable) is calculated based on the proceeds of sale minus the cost of acquisition for the quantity sold.
• Taxpayers are responsible for accurately declaring crypto-related income if their activities fall within the taxable categories (i.e., habitual trading, proceeds from staking/lending if part of a business).
• There is currently no requirement for Singapore residents to disclose the existence of foreign crypto accounts for tax purposes.
• Losses from taxable trading activity (if assessed as business income) may in some cases be used to offset against future business income, according to standard business tax rules.
• As Singapore does not impose a capital gains tax on individuals, the main tax focus is on income derived from business activities involving crypto.

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.