Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore, Survey Shows
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Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore, Survey Shows

THELOGICALINDIAN - A new abstraction shows that ethereum is the best accepted cryptocurrency amid added than 4000 adults surveyed in Singapore The secondmost accepted crypto is bitcoin followed by cardano

Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano

The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was appear Monday. It contains a analysis of 4,348 Singapore-based adults ages 18 to 65 beyond capricious domiciliary incomes.

The analysis was conducted amid June 29 and July 9. It included 2,862 respondents who said they were accepted crypto holders and 1,486 respondents who said they were non-crypto holders. One in bristles crypto holders surveyed were women.

According to the analysis results, 78% of respondents who had crypto said they endemic ethereum (ETH), 69% said bitcoin (BTC), 40% said cardano (ADA), 31% said binance bread (BNB), and 25% said XRP. The address describes:

The address notes: “With ETH, BTC and ADA actuality the best accepted cryptocurrencies beyond both genders, females absolutely authority and barter XRP and DOT [polkadot] added than their macho counterparts. USDT [tether], on the added hand, is added accepted amid macho crypto holders.”

Crypto investors additionally appear how they were afflicted by the Covid-19 pandemic. The address notes, “Out of 2,862 bodies who invested in crypto, two-thirds of them invested added into crypto because of the Covid-19 pandemic.” The address adds, “The Covid-19 communicable has spurred added Singaporeans to advance in crypto.”

What do you anticipate about this survey? Let us apperceive in the comments area below.

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