About Us
Our mission
Our story
Founded in 2013 by Adam Tepper, Adrian Przelozny and Lasanka Perera, Independent Reserve’s vision is to build the most secure and trusted way to buy Bitcoin and other cryptocurrencies. Moreover, we aimed to transform cryptocurrency technology into secure, robust and regulated financial services, and do things the right way.
Independent Reserve is the first crypto exchange to operate a licensed crypto exchange for all investors in Singapore. We are currently licensed by the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services under the Payment Services Act (PSA) 2019.
Since our launch, we have built a world-class order book crypto exchange and OTC desk, expanded operations to South-East Asia and continue to build new features and partnerships that add value to our customers.
We pride ourselves on offering world-class security for our customers, featuring two-factor authentication, ISO 27001 certification and top-tier underground vaults used to protect your data and crypto.
We have grown to serve over 350,000 customers in Singapore, Australia, New Zealand and across the world.
- LicensedFirst crypto exchange licensed by MAS
- 11+ yearsin business
- 350,000+Clients worldwide
Our governance
Independent Reserve SG a registered entity in Singapore (UEN 201942383Z). We hold a Major Payment Institution License (License Number: PS20200517) for providing Digital Payment Token Services under the Payment Services Act 2019.
Our board of directors, advisers and management team bring decades of experience in regulation, traditional finance, risk management and IT security.
Board of directors
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and digital assets.
We hold the vast majority of digital assets in secure offline cold storage protected in underground vaults with maximum security.
Audited and licensed
We are the first crypto exchange to be licensed by MAS.
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal, you can.
We keep your assets safe. That is our promise.
Single purpose asset utilisation
We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt). Your assets are used solely for the purpose of enabling you to transact on our platform.
Awards & Recognition
Our security
Data integrity
Platform security
Partnerships
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ACCESS Singapore
We are a member of ACCESS Singapore, a non-profit industry association that aims to foster an open and clear dialogue between Singapore cryptocurrency and blockchain businesses and wider society, including regulators.
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Bloomberg
Only source of Bitcoin/AUD pricing on Bloomberg, streamed live to all Bloomberg terminal holders worldwide.
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Blockchain Association Singapore
We are a member of Blockchain Association of Singapore, an industry association that aims to provide an effective platform for members to engage with multiple stakeholders – both regional and international – to discover solutions and promote best practices in a collaborative, open, and transparent manner.
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Fireblocks
We are one of the pioneering crypto exchanges to integrate via the Fireblocks Connector, a new API standard. Institutions can securely access Independent Reserve for digital asset liquidity and crypto-fiat rails directly from the Fireblocks network.
The people’s money - Bitcoin
Written by Adam Tepper, the book “The People’s Money - Bitcoin” explains the concepts behind Bitcoin in an approachable and easy to understand way. By the end of the book you will have a solid understanding of this revolutionary new technology and the vast potential that it brings.
Sadly, Adam passed away before he could complete the book, and it was completed thanks to the Bitcoin Association of Australia (now Blockchain Australia) along with amazing help from the greater Bitcoin community.
Culture and community
We all play a role in making the world and our community a better place. As one of the largest and leading cryptocurrency exchanges in Singapore, we understand that we have a responsibility to the community.
Going green
In 2019 we made a commitment to help offset the carbon emissions caused by our business and the industry. Through Climeworks, a Swiss-based firm dedicated to capturing CO2 from the air with its cutting-edge technology, we’re removing 1 tonne of carbon per year. Moreover, we’ve joined the Trillion Tree Foundation and are planting 200 trees every year.
Community
The Independent Reserve team sponsors and participates in international and local blockchain and cryptocurrency meetups, events and conferences.
Government and regulation
Independent Reserve is the first crypto exchange to receive a license from the Monetary Authority of Singapore (MAS). This is a testament that our people, processes and policies have received the nod of a world-class regulator.
Independent Reserve Cryptocurrency Index
We conduct an annual cross-sectional survey of everyday residents of Singapore to examine Singapore's awareness, adoption, trust and confidence in cryptocurrency.
Download the 2024 edition here.
Newsroom
Independent Reserve has provided commentary, interviews and stories to global and local publications, including CoinTelegraph, Bloomberg, CNBC, The Business Times, The Straits Times, Lianhe Zaobao and more.
View our press releases, news updates and blogs
Visit our blogHave a media inquiry?
Get in touchTrusted by global partners
Independent Reserve SG PTE. LTD
Singapore 048946