Coinbase Singapore

Crypto service provider · Singapore, Singapore

Coinbase Singapore Pte. Ltd. holds a Major Payment Institution licence from the Monetary Authority of Singapore for cross-border money transfer and digital payment token services, registered at 1 Raffles Quay. For a company the offer is split in two: Coinbase Business, aimed at startups and small firms that want to trade and take payment in crypto, and Coinbase Prime for institutions, which adds prime brokerage trading and financing, custody, staking and an institutional onchain wallet. It is an exchange and custodian, not a bank: there is no deposit protection, no credit facility and no payroll or supplier payment product.

Legal name: Coinbase Singapore Pte. Ltd.
Regulated by: Monetary Authority of Singapore
Licence confirmed: yes, on a regulator's own list
Website: www.coinbase.com

Scores, 0 to 10

9.0Crypto-friendly bank

The licensed activity is digital payment token services and the customer base is crypto businesses; Coinbase Business is sold to startups and small firms explicitly for crypto trading and payments. · source

9.0Stablecoins (USDC, USDT and others)

USDC payment links, global USDC payouts to vendors and contractors through an API, and 3.35% rewards on USDC balances are offered to Singapore businesses, though Coinbase does not issue USDC. · source

8.5Crypto wallet and custody for a business

Coinbase Business launched in Singapore as its first market outside the US, giving companies a custodial crypto operating account with role-based access and tax-ready reporting under Coinbase Singapore's MAS licence; multi-user access was still marked coming soon in the help centre. · source

8.5Accept crypto payments

Singapore businesses take crypto through payment links, invoices and checkout at a 1% fee with custody and direct bank offramp, but only USDC is accepted and USDT was due in March 2026. · source

8.5On-ramp: buy crypto with fiat

Companies connect a business bank account, fund by bank transfer and buy crypto in the same account, per the Coinbase Business Singapore page in 2026. · source

8.5Off-ramp: crypto to fiat in a business account

Coinbase Business sells crypto and withdraws fiat to the linked business bank account with no lockups, and auto-withdrawal is listed as coming soon. · source

8.0Bitcoin

Singapore businesses can buy, sell, hold and send BTC through Simple and Advanced Trade inside the business account, while BTC is not accepted as a merchant payment asset. · source

8.0Ethereum

ETH trading, custody and transfers are available in the business account and payments run on five EVM networks; staking for Singapore business accounts is not shown on the business pages. · source

6.5Asia-Pacific (SG, HK, AU, JP, KR)

A Singapore Major Payment Institution licence for cross-border money transfer and digital payment token services, registered at 1 Raffles Quay. · source

6.0Best interest on business balances

Coinbase advertises USDC rewards of up to 3.50% APY on its own product menu, though this is a consumer product rather than a business treasury account. · source

6.0Fintech companies that need a partner bank

Prime brokerage, custody and asset listing services support crypto-native payment firms, but there is no safeguarding account or fiat rail sponsorship. · source

6.0Startups & VC-backed companies

Coinbase Business is aimed at startups and small firms by name, and Token Manager handles distributions, vesting and lockups. · source

6.0Financial strength & stability

Licensed by the Monetary Authority of Singapore and part of a listed group, but the Singapore entity publishes no accounts, capital or rating of its own. · source

6.0Customer satisfaction

Trustpilot 4.0 out of 5 from 23,114 reviews, though the split is polarised at 45% five-star and 43% one-star. · source

5.5Fast digital onboarding

Business signup is online through the Coinbase Business flow, but Trustpilot reviewers repeatedly report identity verification failures and limits. · source

5.0Cross-border payments, FX and multi-currency accounts

The licence covers cross-border money transfer, but Coinbase publishes no multi-currency account, currency list or FX margin for the Singapore entity. Custody, staking and an onchain wallet give a crypto treasury somewhere to sit, but there is no multi-currency cash account, pooling or hedging. · source

5.0Lowest fees

Trading fee schedules are published for the consumer and advanced products, but no fee schedule for the Singapore business account is published. · source

4.5Foreign-owned & non-resident companies

The Singapore entity serves Singapore customers under a Singapore licence, and Coinbase publishes no policy on foreign-owned companies applying locally. · source

4.0Online businesses: e-commerce and SaaS

Coinbase Business is sold as crypto payments for startups and small firms, but there is no card acquiring, collection account or marketplace payout product. No receiving accounts, accounting integrations or revenue financing for a software business; the products are trading, custody and crypto payments. · source

4.0Business cards (Visa, Mastercard)

Coinbase issues consumer credit and Visa debit cards; no business card programme with spend controls is published. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Coinbase serves licensed digital asset firms and publishes no onboarding path for gambling, cannabis, adult or forex operators. · source

1.5Trade, manufacturing & import-export

No letters of credit, guarantees or supply chain finance. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.