According to a survey conducted in February 2023 in Singapore, the most common way of using cryptocurrency is to trade for financial gains, according to 58 percent of the respondents. In comparison, 35 percent of respondents reported that they will use crypto to purchase goods, services and subscriptions.
Most common ways of using cryptocurrency in Singapore as of February 2023
Characteristic
Share of respondents
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Independent Reserve. (March 29, 2023). Most common ways of using cryptocurrency in Singapore as of February 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. "Most common ways of using cryptocurrency in Singapore as of February 2023." Chart. March 29, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. (2023). Most common ways of using cryptocurrency in Singapore as of February 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve. "Most Common Ways of Using Cryptocurrency in Singapore as of February 2023." Statista, Statista Inc., 29 Mar 2023, https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/
Independent Reserve, Most common ways of using cryptocurrency in Singapore as of February 2023 Statista, https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/ (last visited July 22, 2024)
Most common ways of using cryptocurrency in Singapore as of February 2023 [Graph], Independent Reserve, March 29, 2023. [Online]. Available: https://www.statista.com/statistics/1367247/singapore-ways-of-using-cryptocurrency/