In a survey conducted on cryptocurrency in Singapore in 2023, 55 percent of crypto users indicated that they staked crypto through a centralized service or exchange. Staking is when users lock crypto assets for a set period of time to help support the operation of a blockchain. In return for staking, they earn more cryptocurrency.
Leading cryptocurrency use cases in Singapore as of November 2023
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Other statistics that may interest you Cryptocurrency in Singapore
Overview
4
- Premium Statistic Annual cryptocurrency adoption in 56 different countries worldwide 2019-2024
- Premium Statistic Ownership of cryptocurrency APAC 2022, by country
- Premium Statistic Share of people that believe in a cryptocurrency future APAC 2022, by country
- Premium Statistic Value of fintech investments in Singapore 2020-2023
Companies and funding
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- Premium Statistic Distribution of fintech companies Singapore 2023, by sector
- Premium Statistic Funding for cryptocurrency Singapore 2017-2023, by deals and value
- Premium Statistic Most popular crypto apps in Singapore 2023, by downloads
- Premium Statistic Most popular crypto apps in Singapore 2023, by revenue
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Adoption and ownership
5
- Premium Statistic Annual crypto adoption development in Singapore 2020-2023, by metric
- Premium Statistic Cryptocurrency ownership Singapore 2023
- Premium Statistic Cryptocurrency ownership Singapore 2022-2024, by age
- Premium Statistic Cryptocurrency users Singapore 2023, by income level
- Premium Statistic Cryptocurrency ownership Singapore 2023, by amount
Coins
5
- Premium Statistic Cryptocurrency awareness in Singapore 2024, by coin
- Premium Statistic Cryptocurrency adoption in Singapore 2024, by coin
- Premium Statistic Bitcoin perception Singapore 2023
- Premium Statistic Bitcoin post-halving investment plans Singapore 2024, by portfolio size
- Premium Statistic Bitcoin ETF approval perception in Singapore 2024, by age
User behavior
5
- Premium Statistic Leading factors influencing crypto adoption Singapore 2022-2024
- Premium Statistic Leading cryptocurrency use cases Singapore 2023
- Premium Statistic Barriers to crypto adoption Singapore 2024
- Premium Statistic Leading factors to increase trust in crypto Singapore 2024
- Premium Statistic Social media platforms used to learn about cryptocurrency Singapore 2023
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Seedly. (December 21, 2023). Leading cryptocurrency use cases in Singapore as of November 2023 [Graph]. In Statista. Retrieved May 25, 2024, from https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/
Seedly. "Leading cryptocurrency use cases in Singapore as of November 2023." Chart. December 21, 2023. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/
Seedly. (2023). Leading cryptocurrency use cases in Singapore as of November 2023. Statista. Statista Inc.. Accessed: May 25, 2024. https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/
Seedly. "Leading Cryptocurrency Use Cases in Singapore as of November 2023." Statista, Statista Inc., 21 Dec 2023, https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/
Seedly, Leading cryptocurrency use cases in Singapore as of November 2023 Statista, https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/ (last visited May 25, 2024)
Leading cryptocurrency use cases in Singapore as of November 2023 [Graph], Seedly, December 21, 2023. [Online]. Available: https://www.statista.com/statistics/1456007/singapore-cryptocurrency-use-cases/