Singapore: cryptocurrency usage by income level 2023

In a survey conducted on cryptocurrency users in Singapore in 2023, 19 percent of them had a gross monthly household income of under 15,000 Singapore dollars. According to the survey, six percent of cryptocurrency users had an monthly household income of over 250,000 Singapore dollars.

Breakdown of cryptocurrency users in Singapore as of November 2023, by income level (in Singapore dollars)

Gross monthly income in Singapore dollars	Share of cryptocurrency users
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Release date

December 2023

More information

Region

Singapore

Survey time period

October 23 to November 15, 2023

Number of respondents

1,319 respondents

Age group

18 years and older

Special properties

among cryptocurrency users

Supplementary notes

1 Singapore dollar is equal to 0.75 U.S. dollars and 0.69 euros as of March 2024.

A crypto user is defined as a respondent who has bought, sold, or held cryptocurrency in the last 24 months

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