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Crypto adoption index ranking of Singapore from 2020 to 2024, by metric

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Sources

Release date

October 2024

Region

Singapore

Survey time period

July 2020 to June 2024

Special properties

Ranking (1 = highest, 146 = lowest); Weighted by purchasing power parity (PPP) per capita

Supplementary notes

All figures have been collected by ÌÇÐÄÆƽâ°æ.

The source explains that its index is calculated using five different sub-indices, which are estimated using an individual country's cryptocurrency transaction volume in different situations. These estimates are based off web traffic patterns from individual websites that are used for such transactions and/or protocols.

Several changes were made to the source's methodology over the years. In 2022, the main change involved the inclusion of Decentralized Finance (DeFi) transaction volume. Centralized and Decentralized sub-indices both count equally to the overall index.

In 2024, P2P exchange index was not included. 

Citation formats

Annual crypto adoption development in Singapore 2020-2024, by metric

Published by K. Scholle, Jul 21, 2025

In 2023, Singapore ranked **** in the world in terms of crypto adoption, indicating a slight improvement compared to the previous year. The ranking for centralized service value received was the same as the previous year. 

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Overview

4

Adoption and ownership

5

User behavior

5

Coins

5

Leading platforms

4

Key indicators

5

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Topics

Cryptocurrency in SingaporeInternet usage in SingaporeFintech in SingaporeBanking industry in SingaporeStartups and venture capital in Singapore
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* For commercial use only

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For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
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Starter Account

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per month, billed annually 1
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