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 hear Binance Singapore, the localized version of the world’s largest crypto exchange, operating under Singapore’s strict financial regulations. Also known as Binance SG, it’s not just a regional branch—it’s a completely different product with fewer coins, tighter rules, and no margin trading. Unlike Binance.com, which serves global users with hundreds of tokens and high-leverage futures, Binance Singapore only offers a curated list of 15-20 major cryptocurrencies, no derivatives, and mandatory KYC for every user. This isn’t a limitation—it’s a legal requirement under the Monetary Authority of Singapore (MAS).
Why does this matter? Because if you’re in Singapore, you can’t legally use Binance.com. The MAS banned it in 2021 for operating without a license. Binance Singapore was created as the only legal way for locals to trade crypto on the platform. It’s tied to the Monetary Authority of Singapore, the country’s central bank and financial regulator, which enforces strict anti-money laundering and investor protection rules. Also known as MAS, it requires all crypto exchanges to hold capital reserves, submit regular audits, and restrict high-risk products. That’s why you won’t find meme coins, low-liquidity tokens, or leveraged trading here. It’s designed for safety, not speculation. The Binance restricted countries, list of nations where Binance.com is blocked due to regulatory pressure. Also known as Binance compliance zones, it includes Singapore, the U.S., and several European countries—each with their own set of rules. In Singapore, you can buy Bitcoin, Ethereum, and a few stablecoins like USDT and BUSD, but you can’t short them, use leverage, or stake tokens with high yields.
What does this mean for you? If you’re in Singapore and want to trade crypto legally, Binance Singapore is your only Binance option. It’s simple, secure, and slow-moving—but that’s the point. If you’re looking for DeFi yields, prediction markets, or obscure tokens like ZENC or LUCIC, you’ll need to look elsewhere. But if you want to buy Bitcoin without worrying about regulators knocking on your door, this is the cleanest path. The posts below cover what’s allowed, what’s missing, and how Singapore’s rules compare to other countries like Turkey and Iran. You’ll also find guides on how to stay compliant, what happens if you use a VPN, and why some traders are switching to P2P platforms instead.
Binance offers low fees and 500+ cryptos in Singapore, but lacks MAS licensing-making it risky. Compare fees, safety, and alternatives before trading.