Buy Bitcoin in Singapore

Singapore regulates crypto through the Payment Services Act 2019, administered by the Monetary Authority of Singapore (MAS). Only MAS-licensed Major Payment Institutions can offer crypto services to retail customers. Credit card purchases are banned, but bank transfers via PayNow and FAST are instant and free.

Popular payment methods: PayNow, FAST, GIRO

Banks in Singapore

• DBS Bank
• OCBC Bank
• UOB

Payment Methods

• FAST (Instant (typically under 5 minutes))
• PayNow (Instant (under 60 seconds))

Top Exchanges in Singapore

• Independent Reserve
• Coinhako
• Coinbase

Frequently Asked Questions

Is Bitcoin legal in Singapore?

Yes, buying and holding Bitcoin is legal in Singapore. Cryptocurrency exchanges operating in Singapore are required to be registered with local regulators.

What is the best way to buy Bitcoin in Singapore?

The most common methods are PayNow, FAST, GIRO. Use a regulated exchange that supports your bank.

Which exchanges are available in Singapore?

Popular exchanges include Independent Reserve, Coinhako, Coinbase and others.