What is the designated cryptocurrency for transactions in Singapore?

3 answers

• Anurag GcMar 04, 2023 · 3 years ago
  The designated cryptocurrency for transactions in Singapore is Bitcoin. Bitcoin has gained significant popularity and acceptance in Singapore as a digital currency for various transactions. It is widely used for online purchases, remittances, and even in some physical stores. With its decentralized nature and secure blockchain technology, Bitcoin has become a preferred choice for many individuals and businesses in Singapore.
  428

  214
• Amgad BassamMay 18, 2025 · 6 months ago
  In Singapore, the designated cryptocurrency for transactions is Bitcoin. Bitcoin has become the most widely accepted and recognized digital currency in Singapore. It offers fast and secure transactions, making it convenient for both individuals and businesses. Many merchants and online platforms in Singapore now accept Bitcoin as a payment method, further promoting its use and adoption in the country.
  404

  135
• Aayush RaiMar 28, 2021 · 5 years ago
  When it comes to transactions in Singapore, the designated cryptocurrency is Bitcoin. Bitcoin has gained significant traction in Singapore's financial landscape, with many businesses and individuals embracing its use. Its decentralized nature and strong security features make it an attractive choice for transactions. However, it's worth mentioning that other cryptocurrencies like Ethereum and Litecoin are also accepted in some places in Singapore, but Bitcoin remains the most widely used and recognized cryptocurrency for transactions in the country.
  555

  139