Chart from Independent Reserve

6 in 10 Singaporeans spend over $500 on first crypto buy

Monthly, crypto investors spend $500+ towards their portfolio.

Singaporeans have a healthy appetite for crypto investment, with more than half (65%) spending more than $500 on their first crypto purchase.

Data from the Independent Reserve showed that about a quarter (22%) of Singaporeans even spend $101-$500 for their initial crypto investments.

Some (21%) spend  $1,001 - $5000.

Every month, the Independent Reserve found that 41% of current crypto investors still invest about $500+ towards their portfolio.

Only a few (18%) invest more than $1,000 monthly, declining by five percentage points from 2022.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!