Coinbase and MoneyHero have released a survey examining
cryptocurrency ownership, attitudes, and market maturity among Singaporeans.
Digital
assets meet tradfi in London at the fmls25
The survey collected responses from 3,513 retail investors
and the wider crypto-curious public. Findings suggest participation in crypto
is expanding, though allocations remain cautious and knowledge gaps persist.
Singapore Crypto Survey Reveals Investor Behaviour
The Pulse of Crypto – Singapore 2025 survey found that 61%
of respondents reported holding cryptocurrency during the survey period.
Average portfolio allocation to crypto was between 6–12%, suggesting limited
risk appetite.
A majority of respondents, 58%, identified as long-term
holders, while 22% described themselves as active traders.
Trust in platforms was cited as the most important factor by
65% of respondents, followed by fees at 42%. Social media was the main source
of information for 62% of participants, pointing to accessibility but also
potential exposure to misinformation.
Survey Highlights Risks, Market Development Needs
Hassan Ahmed, Coinbase’s Country Director for Singapore,
said the survey indicates a maturing cryptocurrency market. He added that
“detailed knowledge and understanding of the market is essential,” and
highlighted the role of educational resources in supporting informed decisions.
The report concludes that Singapore’s cryptocurrency market
has reached a stage where ownership is more common, allocations remain
moderate, and trust factors outweigh fees in platform choice. It also
highlights education gaps, volatility concerns, and the influence of social
media as key vulnerabilities.
MoneyHero Insights Inform Products, Regulations Strategy
To support responsible growth, the survey outlines three
priorities for the local crypto ecosystem: improving financial education,
strengthening trust through compliance and transparency, and fostering broader,
responsible market participation.
Rohith Murthy, CEO of MoneyHero, said the report “provides
timely, data-driven insights into consumer sentiment on digital assets” and
noted that it can inform product design, education, and regulatory discussions.
This article was written by Tareq Sikder at www.financemagnates.com.
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