Coinhako is one of Singapore's longest-standing cryptocurrency exchanges, founded in 2014 and now holding a Digital Payment Token (DPT) service provider licence from the Monetary Authority of Singapore (MAS). With over a decade of operation, Coinhako has built a reputation as a trusted, compliant, and user-friendly platform for Singapore retail and corporate crypto investors, supporting 80+ digital assets and seamless SGD fiat integration via PayNow and bank transfer.
About Coinhako
Founded in 2014 by Yusho Liu and Gerry Eng, Coinhako was one of Singapore's earliest crypto exchanges — predating Singapore's formal digital asset regulatory framework by several years. The company navigated the evolution of MAS regulation from an unregulated environment to the Payment Services Act (PSA) regime, obtaining its DPT licence as part of the formal licensing process. Coinhako's decade-long operating history and regulatory compliance make it one of Singapore's most trusted domestic crypto platforms.
Key Facts
| Item | Details |
|---|---|
| Founded | 2014 |
| HQ | Singapore |
| MAS Licence | Digital Payment Token (DPT) service provider |
| Listed Coins | 80+ |
| Fiat | SGD (PayNow, bank transfer) |
| Maker/Taker Fee | 0.1–0.2% |
| Corporate Accounts | Yes |
Key Features
10+ Years of Singapore Operation
Coinhako's decade-long operating history in Singapore is one of its strongest differentiators. Having operated through multiple market cycles — including the 2018 bear market, COVID, and the 2022 crypto winter — Coinhako has demonstrated operational resilience that newer platforms cannot claim.
SGD PayNow Integration
Coinhako supports instant SGD deposits via PayNow — Singapore's interbank instant payment system. This frictionless fiat on-ramp allows Singapore users to fund their accounts instantly from any local bank, making crypto access as simple as a regular bank transfer.
Corporate Accounts
Coinhako offers dedicated corporate accounts for Singapore businesses seeking crypto treasury management, payroll in digital assets, or institutional trading. This corporate product differentiates Coinhako from purely retail-focused competitors.
Fee Structure
| Service | Fee |
|---|---|
| Maker fee | 0.1% |
| Taker fee | 0.2% |
| SGD deposit via PayNow | Free |
| Crypto withdrawal | Network fee only |
Pros & Cons
Pros
- 10+ years operating in Singapore
- MAS DPT licensed
- Free SGD deposits via PayNow
- Corporate account support
- Simple, clean interface
Cons
- Smaller scale vs Crypto.com
- Limited to 80 coins
- No futures or derivatives
- Fees not the lowest in market
Summary
Coinhako is Singapore's most trusted domestically-focused crypto exchange, backed by over a decade of continuous operation and full MAS licensing. For Singapore retail and corporate users who value a proven local platform with seamless SGD integration over the widest coin selection, Coinhako is an excellent choice.