Singapore has quickly become one of Asia’s top hubs for cryptocurrency. Thanks to friendly regulations and a tech-savvy population, more people in the country are exploring digital assets every day. Whether you're investing in Bitcoin, trading altcoins, or exploring DeFi platforms, one thing is essential — a safe and reliable crypto wallet.
Choosing the right crypto wallet in Singapore is not easy. There are dozens of options available, and they all offer different features. Some wallets are good for beginners. Others are better for advanced users who want more control and privacy. Security, ease of use, and support for local currency (SGD) are just some of the factors to consider.
This article gives you a full overview of the best crypto wallets for Singapore users. We break down the main types of wallets, explain Singapore’s crypto rules, and compare top wallet choices — including mobile apps, hardware devices, and non-custodial options. You’ll also get a helpful table to make comparing easier.
Whether you're looking for a beginner-friendly wallet or something advanced for long-term storage, this guide will help you make a smart and secure decision. You’ll also learn how to mix hot and cold wallets to improve both safety and flexibility.
By the end, you’ll know how to manage your digital assets with confidence, and you’ll discover tools like Immediate FastX that connect securely with the crypto ecosystem in Singapore.
Types of Crypto Wallets
Before choosing the best crypto wallet in Singapore, it’s important to understand the main types. Each wallet type works differently and offers different levels of control and protection. Some are best for fast access. Others are built for long-term security.
1. Hot Wallets
Hot wallets are connected to the internet. They are usually apps or browser extensions. They are fast, easy to use, and great for daily transactions. However, they can be more vulnerable to online attacks.
- Examples: MetaMask, Best Wallet
- Pros: Quick access, easy to install, support for DeFi and NFTs
- Cons: Less secure than cold wallets
2. Cold Wallets
Cold wallets are offline devices. They store your private keys without an internet connection. This makes them very secure, even if your computer or phone is hacked.
- Examples: Tangem, Ledger Nano, Bitkey
- Pros: Maximum security, good for long-term holding
- Cons: Less convenient for quick trading
3. Custodial Wallets
These wallets are controlled by a third-party service like a crypto exchange. The provider keeps your private keys. This makes things easier, but also means you trust them with your funds.
- Examples: Coinbase, Crypto.com
- Pros: Easy recovery, simple for beginners
- Cons: Less privacy, higher risk if the platform is hacked
4. Non-Custodial Wallets
Non-custodial wallets let you control your own private keys. No one else has access to your funds. These are popular among experienced users who want full ownership of their crypto.
- Examples: Best Wallet, MetaMask, Tangem
- Pros: Full control, more privacy, safer from exchange risks
- Cons: You’re responsible for your keys — lose them, and you lose your crypto
Tip: Many users in Singapore use both hot and cold wallets — one for trading, one for safe storage.
Crypto Rules and Security in Singapore
Singapore has clear and strong rules for crypto use. This helps build trust and protects investors. The Monetary Authority of Singapore (MAS) regulates the crypto space through the Payment Services Act. If you live in Singapore and use crypto wallets, it's good to understand how these rules work.
Why Regulation Matters
MAS sets standards for digital payment services. If a company wants to offer crypto services in Singapore, they need to get a license. This means the company follows strict rules about customer funds, anti-money laundering (AML), and security.
Using wallets or platforms that are MAS-licensed adds an extra layer of safety. For example, Coinbase Singapore and Crypto.com have local approvals. These platforms offer custodial services, but they also follow Singapore law and help users stay compliant.
KYC and Identity Checks
Most crypto platforms in Singapore require KYC (Know Your Customer) checks. This means you must verify your identity with documents. While this adds a step, it also prevents fraud and makes the system safer.
Wallet Security Features
When choosing a crypto wallet in SG, always look for strong security tools. These include:
- Two-Factor Authentication (2FA): Adds a second layer of login protection.
- Biometric Login: Uses your fingerprint or face to unlock your wallet.
- Multisig: Requires approval from more than one device or person.
- Seed Phrase Backups: Lets you recover your wallet if you lose your phone.
Stay Safe from Scams
Even with strong laws, scams still happen. Be careful with links sent by unknown people, fake apps, and phishing emails. Always download wallets from official sources.
Quick note: If a wallet offers too many features without asking for ID or has zero reviews, that’s a red flag. Trusted platforms like Best Wallet and Tangem provide a good balance between privacy and protection.
Best Crypto Wallets for Singapore Users
1. Best Wallet
Best Wallet is a modern mobile wallet designed for both beginners and active crypto users. It’s especially popular in Singapore because it supports buying and selling crypto directly in SGD (Singapore dollars). You can use Apple Pay, Google Pay, credit cards, or even PayPal — all without complicated steps.
What makes Best Wallet different is its focus on privacy. You don’t need to complete KYC (identity verification) to use it. That’s great for users who prefer more control. It’s a non-custodial wallet, meaning you hold your own keys.
Security is strong. It uses 2FA, biometric login, and backup recovery phrases. The app is clean, simple, and perfect for mobile users.
Key features:
- Buy and sell crypto with SGD
- No KYC needed
- Biometric and 2FA security
- Staking and DeFi tools included
- Launchpad support for new tokens
This wallet supports over 60 networks and tokens. Whether you’re trading Bitcoin or exploring DeFi, it’s a powerful all-in-one option. Many users pair it with a cold wallet like Tangem for extra protection.
If you want a private and flexible wallet for everyday use in Singapore, Best Wallet is one of the top picks.
2. MetaMask
MetaMask is one of the most popular crypto wallets in the world. It works as a browser extension and a mobile app. It’s mostly used for Ethereum and ERC-20 tokens. If you're using DeFi platforms, NFTs, or Web3 tools, MetaMask is almost a must-have.
In Singapore, many users connect MetaMask to platforms like Uniswap, OpenSea, and decentralized exchanges. The wallet gives full control — you hold your private keys, not the company.
Key features:
- Non-custodial: You own the keys
- Connects easily to Web3 apps
- Supports NFT and token swaps
- Open-source and widely supported
However, MetaMask doesn’t support direct fiat purchases in SGD. You need to buy crypto on another platform, like Crypto.com, and then transfer it to MetaMask. Also, since it's a hot wallet, it’s more exposed to internet threats. Be sure to enable password protection and backup your seed phrase safely.
MetaMask is best for users in Singapore who want full access to the Ethereum ecosystem and DeFi tools.
3. Tangem Wallet
Tangem Wallet is a next-generation cold wallet designed like a credit card. It uses NFC (near-field communication) and doesn’t need batteries or cables. Just tap it to your phone and manage your assets through the Tangem app.
This wallet is especially popular for long-term holders in Singapore. It stores private keys inside a secure chip (EAL 6+ certified), keeping them safe from internet attacks and hackers.
Key features:
- Cold wallet with no internet access
- Easy mobile tap-and-use design
- Supports 14,000+ tokens on 85+ blockchains
- Backup via multiple cards
- No account or KYC required
Even though it’s a cold wallet, it works fast through the app. You can send, receive, and check balances in seconds. The wallet is ideal for pairing with hot wallets like MetaMask or Best Wallet.
If you value offline security but want something simple, Tangem is a smart pick for Singapore crypto users.
4. Bitkey
Bitkey is a Bitcoin-only wallet by Block, Inc. It focuses on long-term security and ownership. This hardware wallet uses multi-signature technology, meaning two of three devices must agree before any transaction happens (for example: your phone + hardware key).
It’s a good choice for Bitcoin investors who don’t want to depend on exchanges. You don’t need KYC, and the wallet works in over 90 countries — including Singapore.
Key features:
- Multi-sig protection
- Works with mobile app
- Supports self-custody and recovery options
- Fully focused on Bitcoin
Bitkey is not for trading altcoins or using DeFi. But for BTC holders in Singapore who want strong protection and full control, it's a solid hardware wallet option.
Simple, secure, and Bitcoin-focused — Bitkey is built for serious holders.
5. Ledger Nano (X and S Plus)
Ledger is a global leader in hardware wallets. The Nano X and S Plus models are both popular in Singapore. They support over 5,000 tokens across major blockchains including Bitcoin, Ethereum, Solana, and more.
Ledger wallets store your private keys offline and connect to your phone or computer via USB or Bluetooth (Nano X only). You manage everything through the Ledger Live app, which includes staking, portfolio tracking, and token swaps.
Key features:
- Cold storage with strong encryption
- Bluetooth (Nano X) or USB (S Plus)
- Works with Ledger Live for full control
- Supports NFTs, DeFi, and staking
Ledger is ideal for users who want high-level security and multi-chain support — all in a compact device.
Comparison Table and Practical Tips
With so many wallet options available, it helps to see how they stack up. The table below compares the top crypto wallets in SG based on key features. This should make your decision easier.
| Wallet | Type | Custody | Supports SGD | Security | Key Use |
|---|---|---|---|---|---|
| Best Wallet | Mobile (Hot) | Non-custodial | Yes | 2FA, biometrics | Everyday use, DeFi |
| MetaMask | Browser/Mobile (Hot) | Non-custodial | No | Seed phrase | Ethereum, dApps |
| Tangem | Hardware (Cold) | Non-custodial | Indirect | EAL 6+ chip | Secure long-term storage |
| Bitkey | Hardware (Cold) | Non-custodial | No | Multi-signature | Bitcoin only |
| Ledger Nano | Hardware (Cold) | Non-custodial | Indirect | PIN, chip security | Multi-asset storage |
How to Choose the Right Wallet
Here are some quick tips to help you find the best match:
- New to crypto? Start with Best Wallet. It’s simple, supports SGD, and works without KYC.
- Using DeFi or NFTs? Add MetaMask to your setup. It connects easily to dApps.
- Storing large amounts? Get a cold wallet like Tangem or Ledger Nano for maximum security.
- Bitcoin-only investor? Bitkey offers strong protection through multi-signature security.
- Best of both worlds? Combine hot and cold wallets — for example, use Best Wallet daily, and Tangem for backup.
Singapore offers a wide range of trusted crypto tools. Whether you want privacy, fast access, or long-term security, there's a wallet that fits your needs.
Conclusion
Choosing the right crypto wallet in Singapore depends on your needs and goals. If you trade often, a hot wallet like Best Wallet gives you speed and flexibility. If you hold crypto for the long term, a cold wallet like Tangem or Ledger adds strong protection. Many users combine both types for better balance — using one for daily transactions and the other for secure storage.
MetaMask is ideal for exploring Ethereum-based apps and DeFi. Bitkey is a smart choice for serious Bitcoin holders who want self-custody with extra safety. No matter which wallet you choose, always back up your keys and watch out for scams.
Crypto continues to grow in Singapore, supported by clear regulations and a strong tech culture. With tools like the ones listed above, users can safely manage digital assets in SGD or any major cryptocurrency.
To take your crypto experience further, explore platforms that connect easily with top wallets. https://immediatefastxsg.io offers a secure and intuitive way to access crypto markets, monitor your portfolio, and integrate with trusted wallets. It’s designed for fast action, safe transfers, and full control — everything modern SG users need.
Start smart, stay secure — and choose the wallet that works best for your crypto journey in Singapore.
