Singapore is rapidly emerging as a key crypto destination in Asia. With strong tech infrastructure and clear government support, more locals are using digital assets for saving, trading, and earning. But before you get started with Bitcoin or altcoins, you need one important thing — a secure crypto wallet.
Picking the right crypto wallet in SG is a big decision. There are many options out there, each with different features. Some wallets are made for speed and convenience. Others focus on strong protection and privacy. It all depends on what matters most to you — safety, simplicity, or flexibility.
This guide covers the top crypto wallets for Singapore users. You’ll learn how they work, how they handle Singapore dollars (SGD), and which ones are best for daily use, long-term storage, or DeFi. We’ll also explain the main wallet types, local security rules, and offer clear comparisons to help you choose wisely.
Whether you're a beginner buying crypto for the first time, or an experienced investor managing multiple coins, this article gives you the tools to stay in control. You’ll also discover smart ways to combine hot and cold wallets for extra peace of mind.
At the end of this guide, we’ll show how a modern platform like Immediate FastX can help you manage your crypto faster and safer in Singapore. Visit Immediate FastX to see how it connects with trusted wallets and gives you full control of your assets.
Types of Crypto Wallets
Not all crypto wallets are the same. Before choosing one, it’s helpful to understand how they work and what makes each type different. In Singapore, people use a mix of online and offline wallets — depending on how often they trade or how much they store.
1. Hot Wallets (Online Wallets)
Hot wallets work through the internet. You install them on your phone or browser. They are fast and simple, great for buying and sending crypto every day. But because they’re connected online, they can be more open to hacking.
- Examples: Best Wallet, MetaMask
- Good for: Fast access and trading
- Watch out for: Online risks if not secured properly
2. Cold Wallets (Offline Wallets)
Cold wallets are physical devices or cards that stay offline. They store your private keys without needing an internet connection. This makes them very safe — even if your phone or laptop is compromised.
- Examples: Tangem, Ledger Nano, Bitkey
- Good for: Long-term storage and big savings
- Downside: Slower to use for daily transfers
3. Custodial Wallets
These wallets are managed by a company, like a crypto exchange. The service keeps your keys and handles security. It’s easier for beginners, but also means you trust someone else with your funds.
- Examples: Crypto.com, Coinhako
- Good for: New users who want simple setup
- Downside: You don’t control the private keys
4. Non-Custodial Wallets
Non-custodial wallets give you full control. You hold your keys, no third party involved. Many crypto users in Singapore prefer this option for privacy and independence.
- Examples: Best Wallet, Tangem, MetaMask
- Good for: Users who want more control and safety
- Important: You must back up your recovery phrase
Tip: A smart strategy is to use both types — keep small amounts in a hot wallet for quick use, and store larger amounts in a cold wallet for safety.
Crypto Rules and Security in Singapore
Singapore is known for having clear rules when it comes to digital money. The government takes crypto seriously and works to protect users. That’s why many people feel safe buying and holding crypto here.
Who Regulates Crypto?
The main regulator is MAS — the Monetary Authority of Singapore. They control how crypto companies operate. Under the Payment Services Act, companies must register and follow rules to offer crypto services. This includes exchanges, wallets, and payment apps.
If a crypto platform is licensed by MAS, it means they follow strict standards — like keeping your money safe, preventing fraud, and verifying user identities. Using licensed platforms adds trust and reduces risk.
KYC: Know Your Customer
In Singapore, most wallets and platforms ask for ID checks. This is called KYC — short for “Know Your Customer.” You may need to upload a photo ID or verify with Singpass. While it takes a few minutes, KYC helps keep scammers out and keeps your account safe.
Security Features to Look For
Whether you're using a mobile app or a hardware wallet, make sure it has good protection. Look for:
- Two-Factor Authentication (2FA): A second login step, like a code sent to your phone.
- Biometric login: Use your face or fingerprint to open the app.
- Backup seed phrase: A secret code to recover your wallet if you lose your device.
- Multi-signature: For extra safety, some wallets require more than one device to approve a transaction.
How to Stay Safe
Even in a secure place like Singapore, scams can happen. Never click on random links or download wallets from unofficial sources. Always double-check website addresses and make sure you're using the official app store.
Reminder: The best wallets mix strong security with ease of use. That’s why Singapore users often choose wallets that follow local rules and still give full control over their crypto.
Best Crypto Wallets for Singapore Users
1. Best Wallet
Best Wallet is a mobile-first crypto wallet that works great for beginners and active users. It allows you to buy, send, and store crypto easily. One of its biggest advantages for Singapore users is support for local currency (SGD). You can buy crypto using Apple Pay, Google Pay, or a credit card — all directly in the app.
This wallet doesn’t require identity checks. You can start right away without KYC. It’s a non-custodial wallet, which means only you have access to your private keys. Your funds are not stored on a central server.
Main features:
- Instant crypto purchases with SGD
- No KYC needed
- Biometric login and 2FA
- Earn rewards through staking
- Access to early token launches
The app works with many blockchains and supports dozens of tokens. You can also use it to explore DeFi tools without switching platforms. Best Wallet is ideal for users who want a simple, private, and multi-purpose solution.
If you want one wallet for everyday use and passive earning, this one covers all the basics.
2. MetaMask
MetaMask is a browser and mobile wallet made for Ethereum and related tokens. It’s one of the most used wallets for DeFi, NFTs, and Web3 apps. If you're trading on platforms like Uniswap or collecting digital art on OpenSea, MetaMask is a top choice.
This wallet gives you full control. It’s non-custodial — you manage your own private keys. It connects easily to almost every decentralized app (dApp), and supports custom tokens and networks.
Main features:
- Works on mobile and desktop
- Supports Ethereum and EVM chains
- Simple token swaps inside the app
- Connects with DeFi platforms in seconds
MetaMask does not support SGD directly, so you’ll need to buy crypto elsewhere and transfer it in. It's easy to use but requires basic crypto knowledge. Always back up your recovery phrase and protect your device from malware.
MetaMask is a great choice for Singapore users interested in DeFi, NFTs, and full control over their crypto.
3. Tangem Wallet
Tangem is a cold wallet in the form of a smartcard. It uses NFC to connect to your phone — just tap the card and manage your crypto through the Tangem app. There are no batteries, no screens, and no cables. It’s simple, portable, and secure.
All private keys are stored inside a certified secure chip. These keys never leave the card, even during transactions. Tangem supports more than 14,000 coins and tokens, including Bitcoin, Ethereum, and stablecoins.
Main features:
- Cold storage with no internet access
- NFC tap-to-use design
- Works with 85+ blockchains
- No need to create an account
- Backup option with extra cards
Many crypto users in Singapore use Tangem together with a hot wallet. It’s perfect for long-term storage or keeping larger amounts safe. The app is easy to use and doesn’t require much technical skill.
If you’re looking for a wallet that’s both secure and simple, Tangem is a solid offline choice.
4. Bitkey
Bitkey is a hardware wallet created by Block (formerly Square). It’s built for one job: holding Bitcoin safely. It uses multi-signature security, which means you need two of three keys to approve any transaction — for example, your phone and your hardware device.
This setup offers strong protection, even if one device is lost or stolen. Bitkey works with its own mobile app and doesn't need any central account or ID to get started. It supports recovery features in case you lose access.
Main features:
- Multi-signature wallet setup
- No KYC needed
- Mobile app + hardware device
- Focuses only on Bitcoin
Bitkey is a great option for people in Singapore who buy and hold Bitcoin for the long term. It’s not made for altcoins or daily trading, but it keeps your BTC safe and under your control.
If you want to protect your Bitcoin without using exchanges, Bitkey offers peace of mind.
5. Ledger Nano (X and S Plus)
Ledger Nano wallets are trusted by millions worldwide. In Singapore, they are often used for cold storage. Ledger devices come in two versions: Nano X (with Bluetooth) and Nano S Plus (USB only). Both are compact and store your private keys offline.
You manage your crypto using the Ledger Live app, which supports staking, sending, and portfolio tracking. Ledger works with major blockchains and tokens — Bitcoin, Ethereum, Solana, and many more.
Main features:
- Supports 5,000+ tokens
- Offline key storage
- PIN protection and chip security
- Connects with desktop and mobile devices
Ledger is ideal for anyone who wants strong security with full control. It takes a few minutes to set up, but once installed, it’s one of the safest ways to store digital assets.
For secure storage of multiple coins, Ledger Nano is a top-tier choice trusted by crypto holders everywhere.
Wallet Comparison and Tips for Singapore Users
Still deciding which wallet is right for you? This table makes it easier to compare the top options based on how they work, how secure they are, and what they support. Use it to find the best match for your crypto goals.
| Wallet | Type | Control | SGD Support | Security Level | Best For |
|---|---|---|---|---|---|
| Best Wallet | Mobile (Hot) | User-owned keys | Yes | Biometric, 2FA | Everyday use, staking |
| MetaMask | Browser/Mobile (Hot) | User-owned keys | No | Seed phrase | DeFi, Ethereum apps |
| Tangem | Card (Cold) | User-owned keys | Indirect | Secure chip (EAL6+) | Offline storage |
| Bitkey | Hardware (Cold) | User-controlled multi-sig | No | Multi-device approval | Bitcoin holders |
| Ledger Nano | Hardware (Cold) | User-owned keys | Indirect | PIN, secure chip | Multi-asset security |
How to Pick the Right Wallet
Choosing the best wallet depends on how you plan to use it. Here are some quick tips to help you decide:
- Just starting out? Use Best Wallet — it’s beginner-friendly and works with SGD.
- Using DeFi or NFTs? MetaMask is perfect for connecting with Web3 platforms.
- Holding crypto long term? Cold wallets like Tangem or Ledger are safer for storage.
- Only using Bitcoin? Bitkey gives you strong security with multi-signature access.
- Need flexibility? Combine a hot wallet for daily use with a cold wallet for backup.
Each option has its strengths. The key is to match the wallet to your level of experience and how you plan to manage your crypto in Singapore.
Conclusion
There’s no one-size-fits-all crypto wallet. The right choice depends on how you use crypto, how much you hold, and how much control you want over your keys. For daily access and SGD support, Best Wallet is an excellent option. For DeFi users, MetaMask unlocks full Web3 functionality. If your goal is safety and long-term storage, Tangem or Ledger are both strong picks.
Security should always come first. That means using 2FA, protecting your seed phrase, and staying away from fake websites and apps. Singapore’s crypto rules make the space safer, but your personal habits matter most.
Many smart users mix wallets — one for trading, another for holding. For example, you can keep a small amount in a mobile wallet and store the rest offline. This way, you balance convenience with protection.
And if you want more control over your crypto journey, there are platforms that help you connect all your tools in one place. Immediate FastX is one of them. It offers a fast, secure way to track and manage your assets with support for trusted wallets. Whether you're just starting or scaling up, it gives you the tools to act with confidence.
Choose wisely. Stay protected. And take charge of your crypto the smart way in Singapore.
