Binance Singapore Crypto Exchange Review 2025: Fees, Safety, and Regulatory Risks
Binance offers low fees and 500+ cryptos in Singapore, but lacks MAS licensing-making it risky. Compare fees, safety, and alternatives before trading.
When you trade on Binance SG, the regulated cryptocurrency exchange operated by Binance in Singapore under the Monetary Authority of Singapore (MAS). It's not just another crypto platform—it's one of the few major exchanges legally licensed to serve retail traders in Singapore. But knowing you can trade legally doesn’t tell you how much it costs. Trading fees, the charges applied when you buy or sell crypto on an exchange are the biggest cost most users face. And withdrawal fees, the fixed or percentage-based charges to move crypto off the exchange can sneak up on you if you’re not careful.
Binance SG doesn’t hide its fee schedule. Unlike some platforms that bury fees in fine print, they list them clearly: spot trading starts at 0.1% per side for standard users, but drops to 0.02% if you pay with BNB. That’s a 80% discount—something most traders overlook. If you trade often, paying with BNB isn’t just a perk—it’s a smart move. Deposit fees? Usually free for fiat via bank transfer in SGD. But if you’re moving crypto in or out, you’re paying network fees—those aren’t set by Binance SG, they’re set by the blockchain itself. Bitcoin withdrawals cost around 0.0005 BTC. Ethereum? About 0.01 ETH. These aren’t Binance’s fees—they’re gas fees, and they change based on network congestion.
What about futures or margin trading? Binance SG doesn’t offer leverage trading to retail users in Singapore. That’s a key difference from Binance.com. If you’re looking for 10x or 50x leverage, you won’t find it here. That’s by design—MAS restricts high-risk products to protect retail investors. So if you’re in Singapore and want to trade crypto safely and legally, you’re getting a cleaner, simpler platform. No risky derivatives, no hidden fees, no confusing tiers. Just spot trading, staking, and straightforward withdrawals. The trade-off? Fewer features. The upside? Transparency and compliance. You won’t get the wild, global version of Binance. But you also won’t get locked out because your IP looks like it’s from Turkey or Iran. This is a regulated, local exchange built for people who want to trade crypto without the legal gray zones.
What you’ll find in the posts below are real breakdowns of fees across different crypto platforms, comparisons of trading costs, and deep dives into how exchanges like Binance SG fit into the bigger picture of Singapore’s crypto rules. Some posts talk about what happens when fees go up. Others show you how to cut costs using stablecoins or alternative exchanges. You’ll see what works for active traders, what’s a trap for beginners, and why some platforms that look cheap on paper end up costing you more in the long run. No guesses. No fluff. Just what you need to know before you click buy.
Binance offers low fees and 500+ cryptos in Singapore, but lacks MAS licensing-making it risky. Compare fees, safety, and alternatives before trading.