Is WhiteBIT available in Singapore?

Available with limits

WhiteBIT serves residents of Singapore through its global platform at whitebit.com, and Singapore is not on the list of countries WhiteBIT does not support. WhiteBIT does not hold a Monetary Authority of Singapore (MAS) licence under the Payment Services Act, so it operates without local authorisation and the consumer protections a licensed provider carries.

As of: 26 June 2026 Last reviewed: 26 June 2026

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.

Quick answer

As of 26 June 2026, WhiteBIT is reachable by residents of Singapore through its global platform, and Singapore is not on the list of jurisdictions WhiteBIT does not support. WhiteBIT does not hold a licence from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019, which is the framework that licenses digital payment token services in Singapore. That means a Singapore resident can generally register, but the platform is not locally authorised, so confirm the current position and weigh the absence of a local licence before acting.

Availability

Availability for Singapore residents

As of 26 June 2026, WhiteBIT is reachable by residents of Singapore through its global platform at whitebit.com. Singapore does not appear on the list of countries and territories that WhiteBIT states it does not support, so residents can generally complete registration and identity verification.

The financial regulator is the Monetary Authority of Singapore (MAS). Digital payment token services are licensed under the Payment Services Act 2019, with the Major Payment Institution licence the standard authorisation for an exchange that holds customer assets or trades above the monthly threshold. MAS has also set out a Digital Token Service Provider regime under the Financial Services and Markets Act.

WhiteBIT is not shown as a licensed payment service provider by the Monetary Authority of Singapore. For that reason this page treats access as available with limits: a resident can use the global platform, but without a local licence the platform is not supervised in Singapore and does not carry the protections a MAS licensed provider would. Confirm the current status on the MAS register before acting.

How it works

Access, KYC, and the limits that apply

WhiteBIT is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. A resident of Singapore who registers funds the account using card payments or crypto deposits, and identity verification, known as know your customer, is required before trading. Singapore dollar banking rails are limited for an unlicensed provider.

The main limit here is regulatory rather than technical. Because WhiteBIT is not licensed by the Monetary Authority of Singapore, a Singapore user does not receive the safeguards that apply to a locally licensed exchange. MAS has repeatedly warned consumers about dealing with platforms that are not regulated in Singapore. Confirm the current product list and any restrictions on the platform, because the position can change.

Tax

How crypto is taxed in Singapore

Singapore does not impose a general capital gains tax, so a private individual disposing of crypto held as a personal investment is often outside the scope of income tax. The tax authority is the Inland Revenue Authority of Singapore (IRAS), which has published guidance treating gains from frequent trading carried on as a business, and payment tokens received as income, as potentially taxable (as of 26 June 2026).

Treatment depends on your circumstances, and rules can change, so confirm the current position with the Inland Revenue Authority of Singapore or a qualified local adviser. See the Singapore crypto tax page for a fuller explanation. This is general information, not tax advice.

Compare available exchanges

Several platforms serve Singapore residents. Availability, products, and local registration vary, so compare the exchanges that are genuinely available in Singapore before you choose.

Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.

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Sourcing

Regulator and sources

The financial regulator in Singapore is the Monetary Authority of Singapore (MAS), which licenses digital payment token services under the Payment Services Act 2019. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.

FAQ

Frequently asked questions

Is WhiteBIT available in Singapore?

As of 26 June 2026, WhiteBIT is reachable by residents of Singapore through its global platform, and Singapore is not on the list of jurisdictions WhiteBIT does not support. WhiteBIT does not hold a Monetary Authority of Singapore licence, so access is treated as available with limits.

Is WhiteBIT licensed by MAS in Singapore?

No. WhiteBIT is not shown as a licensed payment service provider by the Monetary Authority of Singapore under the Payment Services Act 2019. Confirm the current position on the MAS register before acting.

Can Singapore residents register on WhiteBIT?

Generally yes. Singapore is not on the list of countries WhiteBIT states it does not support, so residents can usually complete registration and identity verification on the global platform, subject to the platform rules.

Is it legal to hold crypto in Singapore?

Yes. Holding, buying, and selling crypto is legal in Singapore, supervised by the Monetary Authority of Singapore. The question on this page is the availability and local licensing of the WhiteBIT platform, not whether owning crypto is allowed.

How is crypto taxed in Singapore?

Singapore has no general capital gains tax, so personal investment gains are often untaxed, while business trading and tokens received as income can be taxable. The tax authority is the Inland Revenue Authority of Singapore. See the Singapore crypto tax page. This is general information, not tax advice.

Where can I confirm the current position?

Check the Monetary Authority of Singapore financial institutions directory and warnings, and WhiteBIT's own published terms and notices. Those primary sources are the most current way to confirm availability before acting.

Rules change frequently. Exchange availability and local licensing can change at short notice, and the Monetary Authority of Singapore has tightened its rules for digital token services. 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.

Keep reading

Related pages

WhiteBIT exchange overviewSingapore crypto rulesSingapore regulationSingapore crypto taxBest exchanges in SingaporeBinance in SingaporeBybit in SingaporeOKX in SingaporeThe Compliance Ledger

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Written and reviewed by the wherelegalcrypto editorial team, Morten Andersen and Fredrik Filipsson. Each status is checked against the named regulator and dated. See our editorial standards.