The need to diversify economies has created an avenue for an oil-dependent and developed country like Brunei Darussalam to explore cryptocurrencies. Despite crypto adoption being in its early stages in this Southeast Asian country, factors such as its young and tech-savvy population and regional influence from neighboring countries, in particular, Singapore and Malaysia, are creating a market for these virtual assets.
To back this claim with figures, Statista reports that a projected revenue of US $205,000 will sprout from the crypto market by 2025. This estimate follows a user penetration rate of 5.58%. To facilitate transactions in this sector is where crypto exchanges come in, as they present a flexible avenue for Bruneians to trade, invest, and reap the returns of these digital assets.
In this article, we are going to explore the top crypto exchanges in Brunei, their unique offerings, and why Bruneians are embracing their services.
Key Takeaways
- Cryptocurrency exchange providers are legally allowed to operate in Brunei.
- However, there is no legal framework governing their operations.
- UEEx, Binance, and Kraken rank among the top exchanges in Brunei.
- Before selecting an exchange, security, fees, liquidity, ease of use, payment methods, and customer support should be considered.
Top Exchanges in Brunei in 2025
Exchange | Best For | Trading Fees | Max Leverage | Available Assets | Fiat Support | Security Features | Unique Features |
UEEx | Comprehensive dashboard for managing crypto and stocks | 0.09% Maker/Taker (spot);0.08-0.1% Maker/Taker (margin) | 200x | 300+ | 15+ Fiat currency support | – 93% of users’ assets stored in cold storage, – 2FA- Access control with IP and wallet whitelisting, – Proof of Reserve (PoR) | – UE Coin Miner app – Access to US and Hong Kong stocks |
Binance | Wide range of assets | 0.1% Maker/Taker (spot and margin); 25% discounts for BNB holders | – Varies by asset- Up to 125x for Futures | 500+ | 100+ currencies | 2FA, SAFU fund, Cold storage | BNB fee discounts,Diverse offering (staking, DeFi, NFTs) Launchpad,DeFi integration |
Kraken | Security-focused traders and institutions | Spot trading: 0.25% (Maker), 0.40% (Taker) | 5x | 210+ | USD, EUR, CAD, GBP, CHF, AUD | 2FA, Cold storage,PGP encryption | Highly customizable interface, Advanced order types, margin trading |
Coinbase | Learn-and-Earn resources | Varies, but typically: Taker 0.60%, Maker: 0.40% | Up to 20x | 240+ | 60+ fiat currencies | Cold storage, 2FA, Encryption, Coinbase vault | – Robust educational resource,- Coinbase wallet – Advanced charts |
OKX | Advanced security infrastructure | Regular Users: Maker fee: 0.08% Taker: 0.1%VIP Users: Maker fee: 0.045%Taker fee: 0.050% | 100x for futures and 10x for spot | 350+ | USD, EUR, GBP, AUD, and 40+ | OKX risk shield, MFA, Cold storage, PoR, anti-phishing codes, multi-signature wallets | Robust security features with regular external audits |
ByBit | Active and derivatives trader | 0.1% Maker/Taker (spot trading); Liquidation Fee: 2% (margin) | 100x | 600+ | 60+ currencies | 2FA, Cold storage | Extensive derivatives offerings, Copy trading, Trading bots |
Gate.io | Altcoin traders, Community Engagement | 0.1% Maker/Taker; discounts for GT holder | 100x | 1,400+ | 50+ fiat currencies (deposit only) | 2FA, Cold storage, PoR | Wide altcoin selection, IEO platform |
Changelly | Instant transactions | Maker/Taker: 0.1%Liquidation fee (margin trading): 0.5% | N/A | 500+ | USD, EUR, CAD, AUD, GBP, HDK, TRY, RUB, CZK, DKK, NOK, PLN, SEK | Non-custodial platform | Fast and easy exchange process with no account needed, competitive exchange rates |
1. UEEx — Overall Winner
Source: UEEx
Summary: UEEx has a comprehensive dashboard that is suitable for beginners and experienced traders alike, with features to manage 300+ cryptocurrencies and other stocks.
Crypto trading and technical analysis can be quite overwhelming and complicated. This is why beginners and experienced traders seek exchanges with simple and clear UIs and dashboards to have a smooth ride.
This is one of the multiple reasons why UEEx ranks above other exchanges in this list, as it provides a comprehensive dashboard that can cater to all calibres of traders—beginners, experienced, and pro-traders. It has a user-friendly dashboard and offers buying and selling of over 200 crypto assets—from Bitcoin to altcoins, stablecoins, and even meme coins.
Are you a crypto trader who also has other stock investments? Not to worry, UEEx has you covered, as it also supports other stocks, all in one platform. Traders can also access major US and Hong Kong stocks.
The security and privacy features of UEEx are top-notch, as it offers features such as 2,000 unique deposit addresses per user, storing 93% of user assets in cold wallets, alongside other advanced encryption techniques that are in compliance with regulatory standards.
UEEx has innovative features like the UE Coin miner app, which allows users to mine UE Coin, the platform’s native token. It also offers copy trading, a feature where inexperienced Brunei traders can mirror the trades of experienced ones.
Pros
- User-friendly platform suitable for beginners and experienced traders
- Wide range of crypto assets and stocks
- Innovative features like copy trading and the UE Coin Miner app
- Robust security framework with cold storage and advanced encryption
- Multiple language support
Cons
- Relatively new exchange compared to some established players
Fees
- Spot Trading: 0.09% (Maker/Taker fee)
- Margin Trading: 0.08-0.10% (Maker/Taker fee)
A detailed breakdown of UEEx’s fees is contained on the image below:
Source: UEEx.com
2. Binance — Best for Wide Range of Assets
Summary: Binance has an extensive list of crypto assets, and most especially, newer projects, which makes it an attractive option for users seeking to diversify their investments.
Binance is notable for its low trading fees, extensive selection of coins, advanced trading features, high liquidity, strong security measures, and large user base. These are recipes for a reliable trading environment for both beginners and experienced traders.
Additionally, using Binance Coin (BNB) for fees can further reduce costs. Users can access features like staking, DeFi integration, and NFT offerings. Binance also provides a user-friendly mobile app, educational resources, and a comprehensive knowledge base.
Pros
- Extensive selection of cryptocurrencies and features, including new projects
- Strong reputation
- Low-fee approach to crypto investing
- User-friendly platform and mobile app
Cons
- Customer support is sometimes slow
- Some advanced features may be too overwhelming for beginners
Fees
- Trading Fees: Standard fee of 0.1% (makers and takers).
- Binance Coin (BNB) can reduce this by 25% for makers and takers.
- Fee also reduces for VIP levels.
A detailed breakdown of the fees is as follows:
3. Coinbase — Best for Learn-and-Earn Resources
Summary: Coinbase has a lot of educational resources, making it ideal for beginners.
Coinbase offers a flexible dashboard that can cater to all kinds of traders. It has a wide range of educational resources that serve as a safe haven for beginners and up-to-date information bank for pro-traders.
This exchange is flexible and gives users the option to buy or trade over 240 crypto assets. It has advanced trading and security systems, including advanced charts, cold wallet storage, and MFA encryptions.
The platform serves more than 103 million verified users globally and manages over $250 billion in assets.
Pros
- Friendly for beginners
- Free crypto through its learn-and-earn program
- Fast deposits using PayID
- $20 Bitcoin welcome bonus
- Robust security feature of 98% of assets in offline storage
Cons
- Higher transaction fees compared to other exchanges
- Potentially slow customer support during peak periods
- Transactions can be quite expensive for small traders
Fees
- Trading fees: 0.4% for Makers and 0.6% for takers (higher than most competitors)
- PayID deposits: Free
- Advanced trading platform fees: 0-1%
- Withdrawal fees: Vary by method
A detailed breakdown of the fees is as follows:
4. OKX – Best for Advanced Security Features
Summary: OKX is one of the largest crypto exchanges out there. It offers services such as DeFi, NFTs, and staking. One unique feature of OKX is its security architecture.
The Web3 ecosystem, as we know, is filled with technical complexities that are overwhelming for beginners and sometimes even professionals. Enthusiasts tend to seek help from time to time for their investments and trades, and this creates room for scammers to thrive. This is why security should be prioritized when picking a crypto exchange.
OKX has done well in this regard. From the OKX risk shield to multiple authentication systems, use of cold storage, proof of reserves (PoR) strategy, anti-phishing codes, multi-signature wallets, and a host of others. This shows how robust the OKX security infrastructure is.
This exchange has over 350 crypto assets, and users can deposit and withdraw in over 40 fiat currencies. The trading fees, on the other hand, are very low.
Pros
- Competitive fees
- Robust security
- High-interest staking opportunities
- Easy-to-buy cryptocurrency using a card, bank account, or digital wallet
Cons
- Limited payment option
- The user interface may be overwhelming for beginners
Fees
- Maker/Taker Fees (Spot and Margin): Typically 0.1% for Taker, and 0.08% for Maker, but varies according to volume.
5. CEX.io — Best for Margin Trading
Summary: CEX.io is a flexible exchange that supports a wide range of assets and is suitable for beginners and experienced traders, as it offers advanced trading options.
Launched in 2013, CEX.io supports over 100 cryptocurrencies, including BTC, ETH, and ADA. It is particularly known for its fiat-to-crypto gateway. This enables users to buy crypto directly with ARS via cards or bank transfers. Its margin trading options and institutional-grade security measures make it a reliable choice for serious traders.
With a focus on accessibility, it caters to both beginners and advanced traders, providing a wide range of cryptocurrencies, fiat deposit options, and competitive fees. It supports spot trading, margin trading, staking, and fiat-to-crypto transactions.
Pros
- Reliable fiat-to-crypto options
- Secure platform with compliance with international regulations
- Supports over 100 cryptocurrencies
Cons
- Limited liquidity for lesser-known altcoins
- Higher trading fees than platforms like Binance
Fees
- Trading Fees: Up to 0.25% for makers and 0.15% for takers.
- Deposit Fees: Vary by payment method and account type. Fiat deposits via bank transfers are free, while credit card deposits incur a 2.99% fee.
- Withdrawal Fees: Crypto withdrawals are subject to network fees.
A detailed breakdown of UEEx’s fees is contained on the image below:
6. Kraken — Best for Security
Summary: Kraken is a highly reputable choice for crypto traders in Brunei, offering a secure platform with diverse features and a strong security track record.
Kraken is a highly reputable platform globally, including in Brunei. It is known for its robust security and comprehensive features.
Kraken provides various services such as crypto-to-fiat and crypto-to-crypto exchanges, custodial wallets, card payments, and staking.
It is also well-regarded for its flexible interface, allowing users to personalize their trading experience by configuring modules for an efficient workflow.
The user-friendly mobile app supports all major activities, including spot, margin, and staking trades.
Pros
- A highly customisable platform that allows a smoother trading experience
- About 210+ cryptocurrencies available for trading
- Stands out for its competitively low fees (0.0-0.40% maker-taker fees)
- Strong security track record
Cons
- Some restrictions on specific cryptocurrencies (e.g., Monero)
- Customer service reviews are low
Fees
- Fees reduce as trading volume increases
7. ByBit — Best for Active and Derivative Traders
Summary: Ideal for experienced traders, especially those familiar with derivatives trading with leverage.
ByBit has made a name for itself in advanced trading features, particularly derivatives trading with leverage. It has other features such as spot trading, advanced charting, and various order types. It also offers a mobile app, copy trading, and trading bots.
Founded in 2018, Bybit has witnessed an impressive growth rate as it has handled a massive volume of $60 billion in daily trades and serves over 40 million users worldwide.
Pros
- A diverse selection of cryptocurrencies and derivatives available for trading with leverage
- User-friendly platform and advanced trading tools
- Competitive fees
Cons
- Quite complex for beginners
- Customer support can be slow
- High-risk features like leverage trading need experience
Fees
- Trading Fee: Standard fee of 0.1% taker and maker fees for spot trading.
- Deposit Fee: Bank transfers have no fee, while card payments incur a 3.5% fee.
- Withdraw Fee: 2% (after the first 100 EUR monthly).
A detailed breakdown of the fees is as follows:
8. Gate.io – Best for Altraders and Community Engagement
Source: Gate.io
Summary: Gate.io is home to a wide selection of lesser-known cryptocurrencies, especially altcoins.
Founded in 2013 with over 19 million users globally, Gate.io is among the world’s top exchanges. With over 1400 cryptocurrencies, Gate.io has built a reputation of housing lesser-known cryptos, especially altcoins that are unavailable on other platforms.
It also provides advanced trading features like margin trading, futures contracts, and an IEO platform. While Gate.io accepts around 50 fiat currencies, it does not currently offer fiat withdrawals.
The platform boasts reasonable trading fees, but deposit fees can be high. Although Gate.io has implemented robust security measures, its interface can be complex and less user-friendly for beginners.
Pros
- A wide range of cryptocurrencies
- Accepts around 50 fiat currencies for deposits
- Advanced trading features
- Strong security measures
Cons
- Can be quite overwhelming for beginners
- High deposit fees
- No fiat withdrawals
Fees
Spot Trading Fees: 0.1% Maker/Taker fees
9. Changelly – Best for Instant Transactions
Summary: Swift exchange platform without the need of owning an account, or going through numerous verification procedures.
Changelly is a non-custodial instant cryptocurrency exchange platform that focuses on providing a fast and simple way to exchange cryptocurrencies. It supports many coins and tokens, making it a good option for Bruneians who want to diversify their crypto holdings or trade between different assets.
Changelly stands out for its streamlined exchange process. Without an account or lengthy verification procedures, users can simply select the coins they want to exchange, enter the amount, and provide their wallet address. Changelly then finds the best exchange rate available and facilitates the swap quickly and efficiently.
This focus on speed and simplicity makes Changelly a convenient option for those who want quick transactions.
Pros
- Simple, easy-to-use interface
- Fast and easy exchange process with no account needed
- Competitive exchange rates
- Non-custodial platform, meaning users retain control of their funds
Cons
- Limited customer support options
Fees
- Trading Fees: Standard fee of 0.1% for both Maker and Taker (for spot and margin).
A detailed breakdown of the fees is as follows:
Why Use a Crypto Exchange in Brunei?
Here are the some reasons why you should patronize crypto exchanges in Brunei:
Fast Trading Access
The volatile nature of cryptocurrencies makes it necessary for traders and investors in Brunei to carry out transactions in real time and with speed. Crypto exchanges make this possible by offering quick buying and selling, perfect for reacting to cryptocurrency price swings.
Advanced Tools
Crypto exchanges equip users with a comprehensive suite of charting and analytical features, including real-time price graphs, technical indicators, and historical data analysis.
These tools empower traders to study market trends, identify patterns, and fine-tune their strategies, ultimately leading to more informed and confident trading decisions.
Referral Income
By using a crypto exchange, Bruneians can unlock the potential to earn attractive bonuses or commissions through referral programs.
Simply invite your family members, friends, or network to join the platform using your unique referral link, and as they sign up or trade, you receive rewards—turning your connections into a passive income stream.
Copy Trading
The copy trading feature allows novice traders to automatically replicate the trades of seasoned experts, offering a hands-on way to learn the ropes.
By mirroring proven strategies in real time, beginners can accelerate their understanding of market dynamics and trading techniques without starting from scratch.
Learn-to-Earn Feature
Imagine getting paid while learning! Sounds cool, right. With crypto exchanges Bruneians can get rewards with crypto for completing educational tasks and enhancing knowledge.
Flexibility
With crypto exchanges, you can trade in the hallway, in the restroom, in a car, on transit, in fact, basically everywhere, so long as there is internet connection. Now that’s what flexibility is.
Factors to Consider When Choosing an Exchange
Source: cdn.corporatefinanceinstitute.com
From the list above, it is quite evident there are numerous crypto exchanges around, so how do you know which is best to use?
Although I have hinted at the major strengths of these exchanges, here are some things you should still look forward to before making a decision:
Exchange Rates and Fees
The cheaper the better, right? Look out for exchanges with competitive fees, as this would save you a lot of money, especially if you trade regularly.
It is important to understand all the fees involved, including transaction fees, service charges, and any hidden costs.
Transparent providers will list all fees upfront to avoid any surprises. I would suggest you look out for such exchanges with nothing to hide.
Now, let’s apply this knowledge to a section of our previous table:
Exchange | Trading Fees(Spot trading unless stated) | Max Leverage | |
Maker | Taker | ||
UEEx | 0.09% 0.08-0.1% (margin) | 0.09% 0.08-0.1% (margin) | 200x |
Binance | 0.1% (spot and margin) | 0.1% (spot and margin) | – Varies by asset- Up to 125x for Futures |
Kraken | 0.25% | 0.40% | 5x |
Coinbase | 0.40% | 0.60% | Up to 20x |
OKX | 0.08% | 0.1% | 100x for futures and 10x for spot |
ByBit | 0.1% ; Liquidation Fee: 2% (margin) | 0.1% ; Liquidation Fee: 2% (margin) | 100x |
Gate.io | 0.1% | 0.1% | 100x |
Changelly | 0.1%Liquidation fee (margin trading): 0.5% | 0.1%Liquidation fee (margin trading): 0.5% | N/A |
From this table, it is evident that UEEx beats all other exchanges in terms of trading fees for makers and takers. OKX, Kraken and Coinbase follow closely on the list.
Users Reviews
In the words of Zig Ziglar:
”If you are not willing to learn, no one can help you. If you are determined to learn, no one can stop you.”
Do well to ask questions about reviews of exchanges from current users before making your pick. An easy way to do this is by reading and asking questions. To begin, ask questions or read about user’s reviews on blogs, articles, and social media, or even on Google Play Store and App Store.
Never feel intimidated asking a question, because when you do, you stop learning. If you ever find yourself in such a situation, you can always fall back to Zig’s quote above.
Source: TrustPilot.com
Reputation
Always be on the lookout for exchanges with good and solid reputation. Remember, reputation quality is determined by how well an exchange is seen, understood, and trusted, and how different its offering is compared to its competitors.
Overtime, exchanges such as UEEx, Coinbase and Binance have built quite a reputation for themselves. Factors like the number of users, customer reviews, accountability, and transparency metrics should be top priorities while gauging an exchange’s reputation.
Security
Security is everything in the crypto-verse, as a slight data breach can be catastrophic. Always rule out exchanges with histories of data breaches from your list.
Features like multiple-factor authentication, use of cold storage and other sophisticated security measures that will ensure the safety of your personal data and, most especially, your assets should be sought-out for. Exchanges such as UEEx, OKX, Kraken and Binance top the board in this aspect.
Compliance to Regulation
Does the exchange follow the rules and legal frameworks set aside by the government and central banking authority? This is a serious question you should confirm before making your pick.
In the case of Brunei, there are no regulations governing the activities of crypto exchanges. Should in case of future regulations, look for exchanges that go by the books.
Incentives and Additional Services
From UEEx’s UE coin miner app to Coinbase’s learn-and-earn feature, most crypto exchanges have one or more additional services that are sometimes exclusive to them in a bid to be unique from their competition.
You could leverage these incentives to make more from your trading or investing experience.
Customer Support
Do you need customer support? Who do you run to when you have questions? The crypto space is filled with scammers who are looking towards exploiting traders and investors. This is why active and good customer support should be prioritized.
Preferably, a live chat or a few ‘minutes-in-between-response’ customer service options should be sought out. You never know when you will need an on-the-go reply, especially in this space when volatility is everything. The bull run speaks volumes.
Local Currency Acceptance and Crypto Availability
What currencies do you deal with, and what cryptocurrencies are you looking towards investing, buying, or selling? Is it available on a particular exchange? These are the questions you should be asking.
Also, look out for fiat-conversion mechanisms employed by the exchange. Is it flexible enough? Are there numerous options? Is it swift? Is there P2P?
If the exchange answers these questions to your satisfaction, I think you just found yourself a winner.
Getting Started With UEEx in Brunei Darussalam
Trading on UEEx in Brunei Darussalam is simple. Follow these steps to get started:
Open an Account
Visit the UEEx website and click on Sign Up at the top of the homepage. You’ll need to:
- Enter your email address or phone number with the country code.
- Create a strong password that’s unique to your account.
- If you have an invitation code, use it to receive a commission.
After signing up, you’ll get a verification code sent to your email or phone. Enter the code to confirm and activate your account.
Deposit Funds
Once your account is active, deposit funds to start trading:
- Go to the Asset Management section.
- Decide whether to deposit cryptocurrency or fiat currency.
- Under the Recharge section, select your preferred deposit method.
- Follow the on-screen instructions to complete the process.
Be aware that deposits take time to process, depending on the method used. Crypto deposits depend on block confirmations, while fiat deposits depend on bank processing times.
Buy Cryptocurrency
Now that your account is funded, you’re ready to trade:
- Click Trade next to your chosen asset.
- Choose an order type:
- Market Order: Buys or sells immediately at the current market price.
- Limit Order: Allows you to set a specific price for buying or selling.
- Enter the amount of cryptocurrency you want to buy or the amount of fiat currency you want to spend.
- Review your order, then click Buy or Sell to complete the transaction.
Transfer to a Wallet
For better security, move your cryptocurrency to a personal wallet you control:
- Hardware Wallets: Physical devices like Ledger or Trezor that keep your crypto offline.
- Software Wallets: Apps like MetaMask or Trust Wallet that allow you to manage your crypto digitally.
By transferring to a personal wallet, you ensure greater protection for your assets.
Are Crypto Exchanges Legal in Brunei?
Crypto exchanges are legal in Brunei. However, they are not regulated.
Nevertheless, locally-based and international crypto exchanges operate in the country, offering services to traders and investors.
Conclusion
Deciding which crypto exchange is best can be quite tricky in Brunei as it varies per user’s interests. However, the offerings of UEEx, Binance, and Kraken make them stand out from the rest.
Always remember to consider factors like security, fees, ease of use, reputation, compliance with regulation, and supported currencies before making your decision. With careful research and this guide as a starting point, you can confidently choose the right crypto exchange in Brunei.
Frequently Asked Questions (FAQs)
What is the Best Exchange in Brunei?
UEEx tops the list because of its flexible and user-friendly dashboard that is easy for both beginners and experienced traders to navigate. Its UE coin miner app is another feature that is really catchy. It gives users the opportunity to earn while using the exchange. For Bruneians seeking a reliable and versatile platform, UEEx strikes an impressive balance between accessibility and advanced trading capabilities.
What is the Most Popular Exchange in Brunei?
Binance’s reputation and the extensive listing of newer cryptocurrencies are making more Bruneians embrace it. The platform’s mobile app and responsive customer support further enhance its appeal, making it a go-to choice for both casual and serious traders in Brunei’s growing crypto community
Is Coinbase Available in Brunei?
Yes, Coinbase is available in Brunei, offering a trusted gateway into the world of cryptocurrency. Known for its beginner-friendly interface, Coinbase is an excellent starting point for Bruneians new to digital assets.
Is Binance Available in Brunei?
Yes, Binance is available in Brunei, catering to the country’s crypto-curious population. Users can sign up easily, complete the Know Your Customer (KYC) verification with standard ID documents and start trading within minutes.