In a survey conducted on cryptocurrency holders in Singapore in 2023, the most important attribute considered when choosing a cryptocurrency exchange platform was the security of the assets, for 74 percent of respondents. Ease of use and regulation of the exchanges are also important factors when considering an exchange platform among the users of cryptocurrency in Singapore.
Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023
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Other statistics that may interest you Stablecoin
Market size
5
- Premium Statistic Share of all stablecoin in overall crypto market cap on December 5, 2023
- Premium Statistic Daily market cap of stablecoin up until June 21, 2022
- Premium Statistic Share of five largest stablecoin in overall stablecoin market cap on June 21, 2022
- Premium Statistic Market cap ranking of 74 stablecoin on June 20, 2022
- Premium Statistic Daily market cap history of the 10 largest stablecoins up until June 19, 2022
Fiat-backed (U.S. Dollar)
4
- Premium Statistic Market size of USD-backed stablecoin up until June 21, 2022
- Premium Statistic Active addresses of USD-backed stablecoin on June 23, 2022
- Premium Statistic Tether (USDT) collateral backing, by asset type 2021-2022
- Premium Statistic Triennial forex daily volume with 39 different currencies 2001-2022
Cryptocurrency-backed
5
- Premium Statistic Market size of crypto-backed stablecoin up until June 21, 2022
- Premium Statistic Active addresses of crypto-backed stablecoin on June 26, 2022
- Premium Statistic Share of 124 blockchains in overall market size of DeFi as of November 29, 2022
- Premium Statistic Biggest DeFi protocols across multiple blockchains as of June 29, 2022
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Algorithmic
5
- Premium Statistic Market size of algorithmic stablecoin up until June 21, 2022
- Premium Statistic Active addresses of algorithmic stablecoin on June 26, 2022
- Basic Statistic TerraClassicUSD USTC/USD price history up to June 7, 2024
- Premium Statistic Terra Classic (LUNC, or LUNA 1.0) circulating supply history up to September 29, 2022
- Premium Statistic Terra Classic LUNC/USD burn rate up until October 4, 2022
Other collateral
4
- Premium Statistic Market size of gold-backed stablecoin up until June 22, 2022
- Premium Statistic Active addresses of gold-backed stablecoin on June 24, 2022
- Premium Statistic Market size of non-USD fiat-backed stablecoin up until June 21, 2022
- Premium Statistic Active addresses of non-USD fiat-backed stablecoin on June 26, 2022
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Seedly. (December 21, 2023). Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023 [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/
Seedly. "Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023." Chart. December 21, 2023. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/
Seedly. (2023). Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023. Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/
Seedly. "Reasons for Choosing Cryptocurrency Exchanges in Singapore as of November 2023." Statista, Statista Inc., 21 Dec 2023, https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/
Seedly, Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023 Statista, https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/ (last visited June 13, 2024)
Reasons for choosing cryptocurrency exchanges in Singapore as of November 2023 [Graph], Seedly, December 21, 2023. [Online]. Available: https://www.statista.com/statistics/1296142/singapore-reasons-for-choosing-cryptocurrency-exchanges/