61% of Singapore’s Finance-Savvy Investors Choose Trust Over Low Fees: Survey

Core Insights - Singapore's retail crypto market is maturing, with 61% of finance-savvy individuals now holding crypto, indicating strong adoption levels [1] - Trust is the primary factor for investors when selecting trading platforms, surpassing low fees and ease of use, reflecting a shift towards prioritizing regulated environments [2] - The investor base is becoming more mature, with 58% identifying as long-term holders and 42% having held investments for over two years [3] Investor Behavior - 27% of non-holders plan to enter the crypto market within the next 12 months, showing continued interest in digital assets [4] - Investors maintain a conservative allocation, keeping crypto under 10% of their portfolios, with an average of three tokens [3] - Confidence in understanding crypto is divided, with 48% feeling confident and 52% not [5] Education and Information Sources - Social media is the primary learning channel for 62% of investors, followed by friends and family at 55% and mainstream news at 43%, highlighting both outreach opportunities and misinformation risks [4][5] Regulatory Environment - Singapore's regulatory framework under the Payment Services Act requires digital payment token service providers to be licensed and comply with strict anti-money-laundering and counter-terrorism financing rules [6] - The Monetary Authority of Singapore (MAS) is strengthening regulatory oversight, contributing to Singapore's position as a leading blockchain hub in Asia [7]