Is Bitrue available in Singapore?
Bitrue does not serve residents of Singapore. Singapore is named on Bitrue's own list of restricted countries, so Singapore users cannot open or operate accounts. Crypto services in Singapore are licensed by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019, and Bitrue does not appear to hold the required licence.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, Bitrue is not available to residents of Singapore. Singapore appears on Bitrue's own published list of restricted countries, so the platform does not open accounts for Singapore residents. The Monetary Authority of Singapore (MAS) licenses digital payment token service providers under the Payment Services Act 2019, and Bitrue does not appear to hold a MAS licence, which is consistent with it restricting Singapore access.
Availability for Singapore residents
As of 26 June 2026, Bitrue does not serve residents of Singapore. Singapore appears on Bitrue's own published list of restricted countries, alongside markets such as the United States, Canada, India, and the Netherlands, so the platform does not open accounts for Singapore residents.
Singapore regulates crypto through the Monetary Authority of Singapore (MAS). Providers of digital payment token services must be licensed under the Payment Services Act 2019, and MAS has also introduced rules for digital token service providers that operate from Singapore while serving overseas markets. Bitrue does not appear on the MAS list of licensed payment service providers as of 26 June 2026, which is consistent with it restricting Singapore access.
What this means for Singapore users
Because Bitrue restricts Singapore, Singapore residents cannot onboard to the platform or expect local recourse from it. The practical step is to choose a platform that is licensed by the Monetary Authority of Singapore and serves Singapore residents.
Attempting to bypass the restriction with a virtual private network or other tools can breach the platform's terms of use and leaves you without local protection. This page does not recommend that approach.
How crypto is taxed in Singapore
Singapore does not impose a general capital gains tax, so occasional gains on crypto disposals may not be taxed. Where a person trades crypto as a business or in the course of a trade, the profits can be taxable as income, administered by the Inland Revenue Authority of Singapore (IRAS) (as of 26 June 2026).
Rules and treatment depend on personal circumstances, so confirm the current position with the Inland Revenue Authority of Singapore or a qualified adviser. See the Singapore crypto tax page for a fuller explanation. This is general information, not tax advice.
Regulator and sources
The Singapore regulator is the Monetary Authority of Singapore (MAS), which licenses digital payment token service providers under the Payment Services Act 2019. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Monetary Authority of Singapore (MAS), the list of licensed payment service providers and guidance under the Payment Services Act 2019.
- Payment Services Act 2019, the basis for licensing digital payment token services.
- Bitrue, published Terms of Use listing Singapore among the countries it restricts.
- Inland Revenue Authority of Singapore (IRAS), guidance on the taxation of digital tokens.
Frequently asked questions
Is Bitrue available in Singapore?
No. As of 26 June 2026 Bitrue does not serve residents of Singapore and lists Singapore among the countries it restricts. Singapore users cannot open or operate accounts.
Why is Bitrue not available in Singapore?
Bitrue lists Singapore as a restricted country and does not appear to hold a licence from the Monetary Authority of Singapore (MAS), which requires licensing of digital payment token services under the Payment Services Act 2019.
Who regulates crypto exchanges in Singapore?
The Monetary Authority of Singapore (MAS) licenses and supervises digital payment token service providers under the Payment Services Act 2019, and oversees digital token service providers serving overseas markets under later rules.
Can I use a VPN to access Bitrue from Singapore?
Bitrue restricts Singapore access, and attempting to bypass that restriction can breach the platform's terms of use and leaves you without local protection. This page does not recommend it.
Is it legal to own crypto in Singapore?
Yes. Holding, buying, and selling crypto assets is lawful in Singapore and is supervised rather than banned. The limit on this page is that Bitrue itself does not serve Singapore residents.
How is crypto taxed in Singapore?
Singapore does not impose a general capital gains tax, so occasional gains may not be taxed, while trading as a business can be taxable as income, administered by the Inland Revenue Authority of Singapore. See the Singapore crypto tax page and confirm with an adviser (as of 26 June 2026).
Rules change frequently. Exchange availability can change at short notice, and a platform that restricts Singapore today could seek a Monetary Authority of Singapore licence and enter the market later, or the reverse. The position on this page is dated 26 June 2026. Confirm the current status with the Monetary Authority of Singapore and the platform before you act.
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