According to a survey conducted in February 2024, the main reason that influenced Singaporeans to adopt cryptocurrencies was to diversify their investment portfolio. In comparison, 50 percent of respondents indicated that it was their family and friends that influenced them to adopt cryptocurrencies.
Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024
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Independent Reserve. (March 26, 2024). Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024 [Graph]. In Statista. Retrieved March 10, 2025, from https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. "Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024." Chart. March 26, 2024. Statista. Accessed March 10, 2025. https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. (2024). Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024. Statista. Statista Inc.. Accessed: March 10, 2025. https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve. "Leading Factors Influencing Cryptocurrency Adoption in Singapore from 2022 to 2024." Statista, Statista Inc., 26 Mar 2024, https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/
Independent Reserve, Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024 Statista, https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/ (last visited March 10, 2025)
Leading factors influencing cryptocurrency adoption in Singapore from 2022 to 2024 [Graph], Independent Reserve, March 26, 2024. [Online]. Available: https://www.statista.com/statistics/1367242/singapore-influences-to-cryptocurrency-adoption/