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Leading factors influencing crypto adoption Singapore 2023

Published by Statista Research Department, Jun 19, 2023
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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Release date

March 2023

Region

Singapore

Survey time period

February 2023

Number of respondents

1,500+

Method of interview

Online survey

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Statistics on " Cryptocurrency in Singapore "

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