BULLSTAR 
Last updated: November 12, 2026
Singapore was once the home of many big crypto exchanges, but it has become one of the strictest places in Asia for retail crypto trading. Licensed platforms are not allowed to offer leverage to retail customers, offshore-only firms were pushed out in 2025, and in June 2026 the regulator put Bybit on its investor alert list.
So can you trade crypto futures in Singapore in 2027, who can access derivatives, and how are profits taxed? This guide explains it in plain words.
For most retail traders, no. MAS rules bar licensed crypto platforms from offering leverage or credit to retail customers. Derivatives have mainly been open to accredited investors, although OKX's Singapore platform says it opened futures to eligible users who pass a suitability quiz in April 2026. Bybit and Bitget have announced plans to leave Singapore's retail market. Singapore has no capital gains tax, but trading profits can be taxed as income.
How Crypto Is Regulated in Singapore
Crypto exchanges in Singapore are licensed by the Monetary Authority of Singapore (MAS) under the Payment Services Act. MAS's consumer protection rules for retail customers say licensed platforms must:
- check that retail customers understand the risks before they trade,
- not offer incentives such as sign-up bonuses,
- not offer leverage or credit to retail customers, or accept local credit cards.
From June 30, 2025, firms based in Singapore that only serve customers abroad needed a new Digital Token Service Provider (DTSP) licence, which MAS said it would generally not grant. This effectively pushed offshore-only exchanges out of Singapore.
On June 17, 2026, MAS added Bybit to its Investor Alert List, warning that the public may wrongly believe Bybit is licensed by MAS. Bybit already blocks Singapore IP addresses under its terms, and Bybit and Bitget have both announced plans to leave Singapore's retail market.
Licensed Crypto Platforms in Singapore (2027)
These companies hold MAS licences, according to a policy review from October 2026. Tap a name to open the official website.
| Platform | Futures for retail | SGD deposits | Note |
|---|---|---|---|
| OKX SG ↗ | Says eligible users who pass a suitability quiz can trade futures (April 2026) | Bank transfer | Check eligibility in the app |
| Coinbase ↗ | No | Bank transfer | MAS licensed |
| Crypto.com ↗ | No | Bank transfer | Licensed through Foris DAX Asia |
| Upbit Singapore ↗ | No | Bank transfer | MAS licensed |
Accredited investors have more options. Under MAS rules, that generally means net personal assets above S$2 million (with your home counting for at most S$1 million), income above S$300,000 in the last 12 months, or financial assets above S$1 million.
Being able to open a website from Singapore does not mean the platform is licensed. Check MAS's Financial Institutions Directory before you deposit. Unlicensed platforms give you no MAS protection, such as dispute resolution or rules on keeping customer assets separate.
Why Singapore Restricts Leverage
MAS has said repeatedly that crypto is highly risky for retail investors, and leverage makes the risk much bigger. At 100x, a 1% move against you is enough to be liquidated. Our guides on leverage and liquidation explain this in detail. Without leverage you can't be liquidated, and a good setup still makes money if you size it right.
How to Follow Crypto Signals in Singapore
Crypto signals give you an entry, take-profit targets and a stop loss. At Bullstar Signals we post signals for Binance Futures pairs. In Singapore, most retail traders can take the long setups as spot trades on a licensed platform, with the same entry, targets and stop loss. Our position size calculator helps you size each trade.
Before you follow any signal group, check its record. Every Bullstar VIP signal since 2022 is on our public results page, losses included, and you can test our free Telegram channel first. This is not financial advice.
Crypto Taxes in Singapore
Singapore has no capital gains tax, so gains from holding crypto as a long-term investment are generally not taxed. But if you trade often or as a business, IRAS can treat your profits as income and tax them at your personal income tax rate. IRAS's e-Tax Guide on digital tokens, last updated in January 2026, explains how it decides. Keep records of your trades and check with a tax adviser.
Frequently Asked Questions
Can retail investors trade crypto futures in Singapore?
Mostly no. MAS rules bar licensed platforms from offering leverage or credit to retail customers. OKX's Singapore platform says it opened futures to eligible users who pass a suitability quiz in April 2026, so check your eligibility directly with OKX SG.
Is Bybit available in Singapore?
No. Bybit blocks Singapore IP addresses under its terms, and on June 17, 2026 MAS added Bybit to its Investor Alert List. Bybit and Bitget have both announced plans to leave Singapore's retail market.
Which crypto exchanges are licensed in Singapore?
MAS licence holders include Coinbase, Crypto.com (Foris DAX Asia), OKX and Upbit, among others. Always check the MAS Financial Institutions Directory.
Who is an accredited investor in Singapore?
Generally someone with net personal assets above S$2 million, income above S$300,000 in the last 12 months, or financial assets above S$1 million.
Is there crypto tax in Singapore?
There is no capital gains tax, so long-term investment gains are generally not taxed. Frequent trading or trading as a business can be taxed as income.
What is the DTSP licence?
From June 30, 2025, Singapore-based firms serving only overseas customers needed a Digital Token Service Provider licence, which MAS said it would generally not grant.
Final Thoughts
Singapore is a safe, well-regulated place to buy and sell crypto, but not a place for high-leverage retail trading. Most traders are limited to spot on licensed platforms, and offshore exchanges are leaving. Use a MAS-licensed platform, check whether you qualify before trying derivatives and set a stop loss on every trade.
See how Singapore compares with other countries in our crypto futures ranking by country.
This guide is for information only and is not financial, legal or tax advice. MAS rules and platform offers change often, so check them before you trade. Crypto trading carries a high risk of loss.