HomeSingapore > Coinhako vs Binance

Coinhako vs Binance Singapore (2021)

In this review, we compare Binance vs Coinhako to detemine which platform is the best for crypto investors based in Singapore.

Tanya Chen

Editor at Buy Bitcoin Finder

The interest in cryptocurrency investing and trading in Singapore has sky-rocketed since the recent Bitcoin boom in 2020. With that said, there are many investors based in Singapore that are wondering which is the best exchange to sign up with and get started.

In this review, we are comparing the two largest exchanges by user-base Coinhako and Binance Singapore.

Coinhako vs Binance Table

The table below provides a high-level summary of Coinhako features and prices compared with Binance Singapore.

Image Image
Trading Fees 1% 0.1%
SGD Deposit Fees Free Bank Transfers or 0.55% fee via Xfers 0.6% Xfers
Year Founded 2014 2017
Headquarters Singapore Global (Decentralized)
Deposit Options Bank transfer or Xfers Xfers only
Beginner Friendly Image Image
Built-In Wallet Image Image
Device Platforms Web, iOS, Android Web, iOS, Android
Customer Support Very Fast Very Slow
Available Cryptos Bitcoin, Ethereum, Dogecoin, Cardano, AAVE + 100 more Bitcoin, Ethereum, Compound, Polkadot and 250 more
Website Visit Coinhako Visit Binance

The Final Verdict

The verdict on whether Binance is better than Coinhako or vice versa comes down to the type of user. For crypto beginners investing in Singapore, we recommend Coinhako due to their easy user interface, cheap deposit fees and fast customer support.

On the other hand, if you are an advanced trader looking to use advanced features like leverage trading, crypto lending and perpetual futures contracts - we would recommend Binance.

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