Crypto awareness hits 94% in Singapore, 68% hold BTC, but ownership dips
Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset.
However, actual ownership has declined, falling from 40% in 2023 to 29% in 2024, according to Independent Reserve’s fifth annual Singapore Crypto Market Survey released on May 21.
The survey, conducted in February with 1,500 participants, revealed that men remain more active in crypto investing than women, 35% compared to 24%.
Millennials and Gen X (aged 25–54) dominate the investor base, comprising 71% of all holders. Among those trading at least once a week, 76% fall into this age group.
Related: Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’
