New data from a joint study of over 4,000 respondents demonstrates that while cryptocurrency is rising in appeal, more can be done to accelerate the acceptance of cryptocurrency as a mainstream asset class in Singapore.
Products
Resources
Email Us
2021
The State of Crypto in Singapore
Quick Facts
Average age of current crypto-holders:
29
years old
Proportion of non-crypto holders that are likely to start investing in crypto in the next 12 months:
34
%
Proportion of crypto-holders whose investments were spurred by COVID-19:
67
%
Proportion of female crypto-holders:
19
%
Overview of the State of Crypto in Singapore
Survey respondents were polled from June 29 to July 9 2021, and included 2,862 respondents that identified as current crypto holders and 1,486 respondents that identified as non-crypto holders.
The State of Crypto in Singapore 2021 report looks at key insights from the survey, including:
01
The profile of Singapore crypto holders and non-crypto holders
02
How crypto investments and views are divided along gender lines
03
How COVID-19 impacted investments in crypto
04
How non-crypto holders perceive crypto and what would encourage them to start investing in crypto
2021
The State of Crypto
in Singapore
About Gemini in Singapore
Gemini Digital Payments Pte Ltd, an affiliate of Gemini Trust Company LLC, is a Digital Payment Token exchange and custodian business in Singapore. Gemini Digital Payments operates under the supervision of the Monetary Authority of Singapore and has applied for a Major Payment Institution License pursuant to the regulations set forth in the Payment Services Act 2019.
*Content is for general informational purposes only and is not investment advice. Past performance is not indicative of future results. Consult qualified and licensed advisors before engaging in any transaction. Approximate value.