In a survey conducted on non-cryptocurrency holders in Singapore in 2021, respondents indicated that the main reason that could lead them to invest would be a good price to enter the market, with 76.2 percent. The other main reasons that could push them to invest in cryptocurrencies would be better investor protection and attractive promotion. In January 2022, the Monetary Authority of Singapore introduced additional regulatory and protection efforts for cryptocurrency exchanges.
Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021
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Gemini. (August 15, 2021). Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021 [Graph]. In Statista. Retrieved December 03, 2023, from https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/
Gemini. "Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021." Chart. August 15, 2021. Statista. Accessed December 03, 2023. https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/
Gemini. (2021). Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021. Statista. Statista Inc.. Accessed: December 03, 2023. https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/
Gemini. "Reasons That May Drive Non-cryptocurrency Holders to Start Investing in Cryptocurrency in Singapore as of July 2021." Statista, Statista Inc., 15 Aug 2021, https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/
Gemini, Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021 Statista, https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/ (last visited December 03, 2023)
Reasons that may drive non-cryptocurrency holders to start investing in cryptocurrency in Singapore as of July 2021 [Graph], Gemini, August 15, 2021. [Online]. Available: https://www.statista.com/statistics/1295808/singapore-reasons-for-non-cryptocurrency-holders-to-start-investing/