55% of Singaporeans believe crypto will be widely accepted by everyday people and businesses.
It’s no surprise then that more and more places in Singapore are starting to accept cryptocurrency as payment. But finding these places can be a challenge if you don’t know where to look.
We’ve done the legwork and rounded up the best places where you can use your crypto in the Lion City.
Let’s get started!
Key Takeaways
- Singapore shows strong potential for crypto adoption, with 55% of Singaporeans believing cryptocurrency will become widely accepted by businesses and consumers.
- Crypto debit cards, particularly the UPay debit card, offer a convenient bridge between crypto assets and traditional payment systems in Singapore.
- Stablecoins are preferred by some merchants due to their price stability, with USDT and USDC being commonly accepted options.
- Singapore maintains a crypto-friendly tax environment with no capital gains tax on cryptocurrency profits.
- Businesses accepting crypto payments may still be subject to Goods and Services Tax (GST) requirements.
| S/N | Best Places to Spend Crypto in Singapore | Categories |
| 1 | Volkswagen Group Singapore | Automotive |
| 2 | Charles and Keith | Fashion |
| 3 | Novelship | E-commerce (Sneakers & Streetwear) |
| 4 | Sarnies Café | Coffee Shop/Café |
| 5 | BullionStar | Bullion Dealers |
| 6 | Uchu Wasi | Restaurant (Latin American) |
| 7 | JooBar | Restaurant (Korean) |
| 8 | EuroSports Global | Car Dealers (Lamborghini, Alfa Romeo) |
| 9 | Maison Ikkoku | Restaurant (Japanese) |
Volkswagen Group Singapore
Supported Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Additional cryptocurrencies supported through FOMO Pay
Volkswagen Group Singapore (VGS) made automotive history on August 14, 2025, by becoming the first car distributor in Singapore to accept cryptocurrency payments for vehicle purchases and aftersales services.
As the authorized distributor for Volkswagen, Škoda, and CUPRA brands, VGS partnered with FOMO Pay—a Major Payment Institution licensed by the Monetary Authority of Singapore—to enable digital currency transactions. This initiative responds to Singapore’s growing digital asset adoption, where approximately 26% of residents now own cryptocurrencies.
Charles and Keith
Source: Charles and Keith
Category: Fashion
Supported Cryptos: Bitcoin, Ethereum, and Tether (USDT)
A Singaporean fashion brand, CHARLES & KEITH, is a great place to spend your crypto. Founded in 1996, this brand is known for its stylish footwear, handbags, accessories, and kids’ clothing.
In Singapore, CHARLES & KEITH has several stores where you can shop using cryptocurrencies like Bitcoin, Ethereum, and Tether (USDT).
Whether you prefer to shop online or in-store, the brand makes it easy to use digital currency for your fashion needs.
3. Novelship
Supported Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT/Tether), All cryptocurrencies supported by Binance Pay
Novelship is Southeast Asia’s largest online marketplace for authentic limited-edition sneakers, streetwear, and collectibles, serving customers across Singapore, Malaysia, Indonesia, Australia, New Zealand, and Taiwan. Since March 2022, Novelship has accepted cryptocurrency payments through partnerships with TripleA (a MAS-licensed payment gateway) and Binance Pay.
The platform goes beyond just accepting crypto for purchases since June 2022, sellers on Novelship can also opt to receive their payouts in cryptocurrencies, with instant settlement compared to traditional methods that take 3-7 business days.
Since introducing crypto payments, over USD $250,000 worth of sneakers have been purchased with digital currencies on the platform. Every item sold through Novelship is carefully curated and professionally authenticated, ensuring buyers receive genuine products from brands like Nike, Air Jordan, Yeezy, Supreme, and KAWS.
Read Also: Spend Crypto Privately: Your Guide to Crypto Debit Cards Without KYC
Uchu Wasi
Source: Uchu Wasi
Category: Restaurant
Supported Cryptos: Bitcoin, Ethereum, Bitcoin Cash, USDT, USDC, Litecoin, and Others.
This Latin American restaurant and store not only brings the rich flavors of Latino cuisine to the city but also makes it easy to pay with Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.
Since 2008, Uchu Wasi has been dedicated to sharing Latin American culture through its food and beverages.
They offer a variety of sought-after ingredients, making it a go-to spot for anyone who loves Latino flavors.
JooBar
Category: Restaurant
Supported Cryptos: Bitcoin (BTC).
JooBar is a stylish and cozy spot in Singapore where you can enjoy delicious modern Korean food and creative drinks.
Located in a charming three-story heritage shophouse on Tan Quee Lan Street, you can pay for your meal using Bitcoin through the Lightning Network, which allows for fast and low-fee transactions.
Sarnies Café
Source: Sarnies Café
Category: Coffee Shop
Supported Cryptos: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), Solana (SOL), and more
Known for its freshly made gourmet sandwiches, soups, salads, and homemade bakery treats, Sarnies is also a go-to spot for top-quality coffee and tea.
Since December 2021, Sarnies has been accepting cryptocurrency payments, making it a convenient choice for those who prefer digital currencies.
Customers can pay with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), Solana (SOL), and more.
EuroSports Global
Source: EuroSports Global
Category: Car Dealers
Supported Cryptos: Bitcoin (BTC), Bitcoin Cash, Ethereum, Paxos, Gemini USD, Euro Coin
Established in 1998, EuroSports Global sells and services ultra-luxury automobiles, including Lamborghini and Touring Superleggera, and now accepts crypto payments. This makes buying high-end cars easier and more convenient, especially for international customers. By using crypto, buyers can enjoy lower transaction fees and faster cross-border payments.
BullionStar
Source: BullionStar
Category: Bullion Dealer
Supported Cryptos: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
Buy gold and silver easily with crypto at BullionStar, Singapore’s top bullion dealer. Founded in 2012, BullionStar offers a wide range of precious metals, including gold, silver, and platinum bars, coins, and even jewelry.
One of the best things about BullionStar is that you can buy and sell bullion using cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. This makes it easy for crypto holders to convert their digital assets into physical gold and silver or get paid in crypto when selling their bullion.
Maison Ikkoku
Source: Maison Ikkoku
Category: Restaurant
Supported Cryptos: Bitcoin (BTC), Tether (USDT), Binance Coin (BNB), and Ethereum (ETH).
This award-winning modern Japanese restaurant and cocktail bar has been around for over a decade. To celebrate its 10th anniversary, Maison Ikkoku introduced Singapore’s first-ever Crypto Brunch, offering delicious dishes with fun crypto-inspired names like Wen Lambo, a grilled rack of lamb.
Since then, the restaurant has fully embraced cryptocurrency, allowing guests to pay for their Omakase meals and cocktails using Bitcoin (BTC), Tether (USDT), Binance Coin (BNB), and Ethereum (ETH).
What Are the Pros and Cons of Crypto Payments?
Like any payment method, crypto has its benefits and drawbacks.
Pros
- Security: Crypto transactions use cryptographic techniques, making them highly secure and resistant to fraud or hacking.
- Lower Fees: Crypto payments often have reduced transaction fees compared to traditional payment methods.
- Fast and Global Transactions: Payments can be processed within minutes, transcending geographical boundaries.
- Financial Inclusion: Cryptocurrencies provide access to financial services for the unbanked and underbanked populations.
- Privacy: Certain cryptocurrencies offer enhanced privacy features for individuals prioritizing financial confidentiality.
Cons
- Volatility: Cryptocurrencies are known for their price fluctuations, which can be significant over short periods.
- Limited Acceptance: Despite growing popularity, crypto payments are not universally accepted.
- Complexity: Due to technical intricacies, understanding and using cryptocurrencies can be challenging for the average user.
- Irreversibility: Once a transaction is confirmed on the blockchain, it cannot be reversed.
Tips for Spending Crypto in Singapore
While not all businesses accept crypto directly, there are many ways to spend your digital assets easily.
Get a Crypto Debit Card
A crypto debit card is one of the easiest ways to spend your digital assets. These cards are linked to your crypto wallet and automatically convert your crypto into Singapore Dollars (SGD) when you make a purchase. One of the most popular crypto debit cards available in Singapore is the UPay debit card.
Pay with Stablecoins
Stablecoins like USDT (Tether) and USDC (USD Coin) are cryptocurrencies pegged to the US dollar. They help avoid price fluctuations, making them a good choice for transactions.
Some merchants prefer accepting stablecoins instead of Bitcoin or Ethereum because they offer more stability.
Withdraw to SGD
Not all businesses accept crypto, but you can still use it by converting your digital assets to cash. You can sell your crypto on exchanges like UEEx.
After selling your crypto, you can withdraw the SGD to your local bank account and spend it as usual.
Check Tax Rules
Singapore has a favorable crypto tax environment. There are no capital gains taxes on cryptocurrency, meaning you won’t be taxed when you sell your coins for a profit. However, businesses that accept crypto may be subject to Goods and Services Tax (GST) on transactions.
Read Also: Can You Use Crypto Cards for Gambling?
Conclusion
We have listed the places where you can easily spend your crypto in Singapore, from fashion and dining to luxury cars and bullion.
As cryptocurrency adoption continues to grow, more businesses are beginning to accept digital assets, making it increasingly convenient to use crypto for everyday transactions.
With the right tools, such as crypto debit cards and stablecoins, spending your digital assets has never been easier.
Frequently Asked Questions
Is Singapore Crypto-Friendly?
Yes, Singapore is considered crypto-friendly, with clear regulations under the Payment Services Act and strong government support for blockchain innovation.
Can I Pay With Crypto in Singapore?
While crypto is not legal tender, some businesses accept it for payments. However, regulations restrict digital payment token services from facilitating domestic transactions.
What Is the Most Popular Crypto in Singapore?
Bitcoin (BTC) and Ethereum (ETH) are the most popular cryptocurrencies in Singapore, followed by stablecoins like USDT and USDC.
