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BFM Times > Crypto > Crypto Wallets > Best Crypto Wallets in Singapore
CryptoCrypto Wallets

Best Crypto Wallets in Singapore

Santosh Kumar
Last updated: February 24, 2026 5:53 am
Santosh Kumar
Published: February 24, 2026
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Best Crypto Wallets in Singapore
Best Crypto Wallets in Singapore
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Are you looking for the best crypto wallets in Singapore has to offer? You are in the right place. Singapore has grown into one of Asia’s top crypto hubs. More people here are buying, storing and trading their digital assets every single day. But storing crypto safely is just as important as buying it. The right wallet can protect your funds and give you full control over your assets. 

Contents
  • Why Does Choosing the Right Crypto Wallets in Singapore Matter?
  • What Are Availability Crypto Wallets in Singapore?
    • Hot Wallets Software Wallets
    • Cold Wallets Hardware Wallets
    • Custodial vs Non Custodial Wallets
  • What Are the Best Crypto Wallets in Singapore for 2026
  • Best Wallet – Best Overall SGD Crypto Wallets in Singapore
    • Key Features of Best Wallet
    • Why Singaporeans Love Best Wallet
  • Ledger Nano X – Best Secure Crypto Wallets in Singapore
    • Key Features of Ledger Nano X
    • Why Singaporeans Love Ledger Nano X
  • Trezor Safe 5 – Best Bitcoin Wallet Singapore for Cold Storage
    • Key Features of Trezor Safe 5
    • Why Singaporeans Love Trezor Safe 5
  • Trust Wallet – Best Free Singapore Crypto Wallet App
    • Key Features of Trust Wallet
    • Why Singaporeans Love Trust Wallet
  • ZenGo – Best Beginner Friendly Crypto Wallet Singapore
    • Key Features of ZenGo
    • Why Singaporeans Love ZenGo
  • Coinhako – Best MAS Licensed SGD Crypto Wallet
    • Key Features of Coinhako
    • Why Singaporeans Love Coinhako
  • What Key Features Should You Look for in a Singapore Crypto Wallet App?
    • 1. Security
    • 2. SGD Compatibility
    • 3. Multi Currency Support
    • 4. User Experience
    • 5. Backup and Recovery
  • Is It Safe to Use Crypto Wallets in Singapore?
    • Here are some tips to stay safe.
  • How Does Singapore Crypto Tax Affect Wallet Usage?
  • Frequently Asked Questions
    • Is Binance wallet allowed in Singapore?
    • Which crypto exchanges are licensed in Singapore?
    • Can I buy crypto in Singapore?
  • Conclusion

Why Does Choosing the Right Crypto Wallets in Singapore Matter?

Singapore is one of the most crypto friendly nations in whole Asia. The Monetary Authority of Singapore MAS regulates all of the digital payment token services under the Payment Services Act PSA. As of 2025 MAS has licensed over 33 major payment institutions for the digital asset services.

This means Singaporeans can invest in crypto wallets in Singapore with all the legal protection. But rules do not protect you from losing your own private keys. That is why a secure crypto wallet Singapore users choose must be reliable, easy to use and should be well protected.

Whether you are a beginner or an experienced trader picking the right crypto wallets in Singapore app can make all the difference.

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What Are Availability Crypto Wallets in Singapore?

Before picking a wallet you need to understand the different types of wallets available. Each one has its own pros and cons.

Hot Wallets Software Wallets

Hot wallets are the wallets  which are connected to the internet. They are easy to access and great for daily transactions. Most crypto wallets in Singapore apps fall into this category. They include mobile apps and web based platforms.

Best for: Beginners, frequent traders and daily use.

Cold Wallets Hardware Wallets

Cold wallets store your private keys offline. They are the most secure crypto wallets in Singapore investors use to keep their crypto safe. Hardware wallets such as Trezor and Ledger keep your assets away from hackers.

Best for: Long term holders and large amounts of crypto.

Custodial vs Non Custodial Wallets

A custodial wallet means a third party holds your private keys. 

A non custodial wallet means you hold them. If the user needs the true ownership a non custodial wallet is always the safer choice.

What Are the Best Crypto Wallets in Singapore for 2026

Here is a detailed look at the top crypto wallets in Singapore residents are using right now.

WalletTypeSGD SupportMAS RegulatedBest For
Best WalletHot Non CustodialYesNoMulti chain users
Ledger Nano XCold HardwareNoNoLong term holders
Trezor Safe 5Cold HardwareNoNoBitcoin cold storage
Trust WalletHot Non CustodialNoNoDeFi and NFT users
ZenGoHot Non CustodialYesNoBeginners
CoinhakoHot CustodialYesYesLocal SGD traders

Best Wallet – Best Overall SGD Crypto Wallets in Singapore

The Best crypto wallets in Singapore is quickly becoming the go to choice for Singaporeans. It supports over 60 blockchain networks including Bitcoin, Ethereum, Solana, BNB Chain & more. This allows Singaporeans to buy crypto directly with SGD using cards PayPal Apple Pay & Google Pay. They stay in full control because it is a non custodial wallet & you control your private keys.

Key Features of Best Wallet

  • It supports 60+ blockchain networks in one app.
  • This allows users to buy crypto directly with SGD using multiple payment methods.
  • They get a built in DEX for instant token swaps.
  • It provides staking options to earn passive income on your crypto.
  • These users can access a token launchpad for early access to new projects.
  • It is available on both iOS & Android with high user ratings.

Why Singaporeans Love Best Wallet

The wallet combines ease of use with strong DeFi tools. It is one of the most complete crypto wallets in Singapore users can access today. They can use it as beginners or advanced traders & it covers all needs in one place.

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Ledger Nano X – Best Secure Crypto Wallets in Singapore

The Ledger Nano X is a top rated hardware wallet. It connects to your phone via Bluetooth & supports over 5500 cryptocurrencies. This makes it one of the most secure crypto wallets in Singapore devices available. They store private keys offline in a certified secure chip & this makes remote hacking extremely difficult.

Key Features of Ledger Nano X

  • It offers offline cold storage for maximum security.
  • This includes Bluetooth connectivity for mobile use.
  • They support 5500+ coins & tokens.
  • It uses a certified secure chip CC EAL5+.
  • This works with the Ledger Live app for easy management.
  • They support staking & DeFi apps through Ledger Live.

Why Singaporeans Love Ledger Nano X

The device offers very strong protection for storing large amounts of crypto. It is ideal for long term holders in Singapore who want a secure crypto wallets in Singapore solution. They keep assets fully offline & away from hackers.

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Trezor Safe 5 – Best Bitcoin Wallet Singapore for Cold Storage

The Trezor Safe 5 is one of the best bitcoin crypto wallets in Singapore users can buy for long term storage. It features a touchscreen open source firmware & phishing protection. This new Trezor Safe 7 also offers quantum ready security. They can find many local Singapore sellers who stock Trezor devices & this makes them easy to purchase locally.

Key Features of Trezor Safe 5

  • It includes a full colour touchscreen for easy navigation.
  • This uses open source firmware that is checked by the community.
  • They get advanced phishing protection built in.
  • It supports Bitcoin Ethereum & thousands of altcoins.
  • This includes PIN & passphrase protection for extra security.
  • They can choose an optional Trezor Safe 7 upgrade with quantum ready security.

Why Singaporeans Love Trezor Safe 5

The wallet is one of the most trusted names in cold storage worldwide. It is the ideal best bitcoin crypto wallets in Singapore holders can use for storing BTC & other assets safely for years. They get full transparency because of its open source design.

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Trust Wallet – Best Free Singapore Crypto Wallet App

The Trust Wallet is owned by Binance & is one of the most popular crypto wallets in Singapore apps available today. It supports a huge variety of tokens & blockchains. This wallet is free to use & works as a non custodial mobile wallet. They can also access DeFi apps & NFT markets directly from the app.

Key Features of Trust Wallet

  • It is completely free to download & use.
  • This supports 10 million+ crypto assets across 100+ blockchains.
  • They get a built-in browser for DeFi & Web3 apps.
  • It includes NFT storage & marketplace access built in.
  • This is non custodial & you own your private keys fully.
  • They can use it on iOS & Android devices.

Why Singaporeans Love Trust Wallet

The wallet is one of the most flexible Singapore crypto wallet apps on the market. It gives users access to the full DeFi system with no extra fees. They get a free powerful & multi chain wallet that delivers everything in one place.

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ZenGo – Best Beginner Friendly Crypto Wallet Singapore

The ZenGo wallet is known for its simplicity & strong security. It has never been hacked with over 1.5 million users globally. This wallet uses advanced keyless technology in place of traditional private keys. They find it easy to set up & this makes it a great bitcoin wallet Singapore beginners can use. It supports SGD purchases through Google Pay, Apple Pay, Visa MasterCard & PayPal.

Key Features of ZenGo

  • It uses keyless security with no private key to lose or manage.
  • This supports SGD purchases through major payment methods.
  • They use face recognition for login & transaction approval.
  • It has never been hacked since launch.
  • This includes built in crypto buying, selling & swapping tools.
  • They provide 247 customer support available in the app.

Why Singaporeans Love ZenGo

The wallet removes the biggest risk beginners face which is losing a private key. It is one of the most user-friendly crypto wallets Singapore newcomers can start with. They also benefit from SGD support & this makes buying crypto simple for local users.

Visit Website

Coinhako – Best MAS Licensed SGD Crypto Wallet

The Coinhako platform is a Singapore born service & is one of the most trusted names locally. It is fully regulated by MAS & is built specifically for local users. This platform makes it easy to buy & store crypto in SGD. They choose it as a locally regulated & secure crypto wallet Singapore option.

Key Features of Coinhako

  • It is fully licensed & regulated by MAS under the PSA.
  • This supports direct SGD deposits & withdrawals through local bank transfer.
  • They support major cryptocurrencies including Bitcoin Ethereum & Solana.
  • It includes a built in crypto wallet exchange & portfolio tracker.
  • This follows strong compliance & security standards.
  • They provide a Singapore based customer support team.

Why Singaporeans Love Coinhako

The platform is the only fully MAS regulated option on this list. It is ideal for Singaporeans who prioritize local compliance & SGD support. They get full peace of mind under Singapore legal framework.

Visit Website

What Key Features Should You Look for in a Singapore Crypto Wallet App?

Picking the right wallet goes beyond just picking a name. Here are the features that matter most.

1. Security

Always choose a wallet with two factor authentication 2FA. Look for biometric login and encryption. A secure crypto wallet Singapore users trust should have a strong track record. Check if the wallet has ever been hacked.

2. SGD Compatibility

If you plan to buy crypto directly in Singapore dollars look for an SGD crypto wallet that supports local payment methods. This includes bank transfers, PayPal and local debit cards.

3. Multi Currency Support

The crypto market is huge. A good Singapore crypto wallet app should support not just Bitcoin but also Ethereum Solana and other altcoins. The more networks supported the more flexibility you have.

4. User Experience

A good wallet should be easy to navigate. This is especially important for new users. Clean design and simple menus make the experience much more enjoyable.

5. Backup and Recovery

Every reliable wallet gives you a seed phrase for recovery. Store it safely offline. If you ever lose your device this phrase is the only way to recover your funds.

Is It Safe to Use Crypto Wallets in Singapore?

Yes, using crypto wallets Singapore platforms is generally safe if you follow best practices. Singapore regulatory framework under MAS helps reduce fraud and scam risks. The law cannot protect you from poor security habits.

Here are some tips to stay safe.

  • Use hardware wallets for large amounts of crypto. 
  • Never share your private keys or seed phrases with anyone.
  • Avoid storing large funds on exchanges or custodial apps for long periods. 
  • Always update your wallet app to the latest version. 
  • Use a VPN when accessing your wallet on public Wi Fi.

How Does Singapore Crypto Tax Affect Wallet Usage?

One great advantage of using crypto wallets Singapore investors enjoy is that Singapore does not tax personal crypto capital gains. As long as you are an individual investor and not a business trading crypto your profits are generally tax free. This makes Singapore one of the best places in the world to hold and grow a crypto portfolio.

Frequently Asked Questions

Is Binance wallet allowed in Singapore?

No, the Binance wallet/platform is not officially licensed in Singapore and is on the regulator’s investor alert list, so it’s not formally allowed to offer regulated services locally.

Which crypto exchanges are licensed in Singapore?

Licensed crypto exchanges in Singapore include Coinhako, Independent Reserve, Coinbase, Crypto.com, OKX (in-principle approval), Gemini and others that hold MAS digital token licences.

Can I buy crypto in Singapore?

Yes, you can legally buy, sell and crypto wallets in Singapore through MAS-licensed exchanges and platforms under local regulation.

Conclusion

At last, we can conclude that the Finding the right crypto wallets Singapore option depends on your needs, budget and experience level. If you want convenience and SGD support apps like Best Wallet ZenGo and Coinhako are excellent choices. If security is your top priority, hardware wallets like Ledger and Trezor offer the strongest protection.

Singapore’s clear rules, zero capital gains tax and growing crypto adoption make it one of the best places in the world for digital asset investing. By choosing the right crypto wallets Singapore platform you give yourself the best chance to grow and protect your portfolio in 2026 and beyond.

Disclaimer: BFM Times acts as a source of information for knowledge purposes and does not claim to be a financial advisor. Kindly consult your financial advisor before investing.

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