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According to a survey conducted in February 2023, the main reason that influenced Singaporeans to adopt cryptocurrencies was their portfolio diversification. In comparison, 53 percent of respondents indicated that it was their family and friends that influenced them to adopt cryptocurrencies.
Leading factors influencing cryptocurrency adoption in Singapore as of February 2023
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Other statistics that may interest you Cryptocurrency in Singapore
Overview
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Companies and funding
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Adoption and ownership
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- Premium Statistic Cryptocurrency ownership Singapore 2022, by age
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Coins
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User behavior
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Independent Reserve. (March 29, 2023). Leading factors influencing cryptocurrency adoption in Singapore as of February 2023 [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. "Leading factors influencing cryptocurrency adoption in Singapore as of February 2023." Chart. March 29, 2023. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. (2023). Leading factors influencing cryptocurrency adoption in Singapore as of February 2023. Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. "Leading Factors Influencing Cryptocurrency Adoption in Singapore as of February 2023." Statista, Statista Inc., 29 Mar 2023, https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve, Leading factors influencing cryptocurrency adoption in Singapore as of February 2023 Statista, https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/ (last visited May 09, 2024)
Leading factors influencing cryptocurrency adoption in Singapore as of February 2023 [Graph], Independent Reserve, March 29, 2023. [Online]. Available: https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/