According to a survey conducted in February 2023 in Singapore, the most common way of using cryptocurrency is to trade for financial gains, according to 58 percent of the respondents. In comparison, 35 percent of respondents reported that they will use crypto to purchase goods, services and subscriptions.
Most common ways of using cryptocurrency in Singapore as of February 2023
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Cryptocurrency in Singapore
Overview
4
- Premium Statistic Annual cryptocurrency adoption in 56 different countries worldwide 2019-2024
- Premium Statistic Ownership of cryptocurrency APAC 2022, by country
- Premium Statistic Share of people that believe in a cryptocurrency future APAC 2022, by country
- Premium Statistic Value of fintech investments in Singapore 2020-2023
Companies and funding
6
- Premium Statistic Distribution of fintech companies Singapore 2023, by sector
- Premium Statistic Funding for cryptocurrency Singapore 2017-2023, by deals and value
- Premium Statistic Most popular crypto apps in Singapore 2023, by downloads
- Premium Statistic Most popular crypto apps in Singapore 2023, by revenue
- Premium Statistic Monthly Crypto.com downloads in Singapore 2023
- Premium Statistic Monthly downloads of crypto wallet MetaMask in 59 countries worldwide 2020-2023
Adoption and ownership
5
- Premium Statistic Annual crypto adoption development in Singapore 2020-2023, by metric
- Premium Statistic Cryptocurrency ownership Singapore 2023
- Premium Statistic Cryptocurrency ownership Singapore 2022-2024, by age
- Premium Statistic Cryptocurrency users Singapore 2023, by income level
- Premium Statistic Cryptocurrency ownership Singapore 2023, by amount
Coins
5
- Premium Statistic Cryptocurrency adoption in Singapore 2023, by coin
- Premium Statistic Cryptocurrency awareness in Singapore 2024, by coin
- Premium Statistic Bitcoin perception Singapore 2023
- Premium Statistic Share of Bitcoin adopters APAC 2022, by country
- Premium Statistic Share of Ethereum adopters APAC 2022, by country
Further Content: You might find this interesting as well
Independent Reserve. (March 29, 2023). Most common ways of using cryptocurrency in Singapore as of February 2023 [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. "Most common ways of using cryptocurrency in Singapore as of February 2023." Chart. March 29, 2023. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. (2023). Most common ways of using cryptocurrency in Singapore as of February 2023. Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. "Most Common Ways of Using Cryptocurrency in Singapore as of February 2023." Statista, Statista Inc., 29 Mar 2023, https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve, Most common ways of using cryptocurrency in Singapore as of February 2023 Statista, https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/ (last visited May 23, 2024)
Most common ways of using cryptocurrency in Singapore as of February 2023 [Graph], Independent Reserve, March 29, 2023. [Online]. Available: https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/