This quantitative survey was conducted in April 2024, amongst the digital population of Hong Kong and Singapore, amongst n=827 and n=878 respondents respectively
CLICK ON IMAGE FOR PDF VERSION
UNLOCKING CRYPTO IN
HONG KONG AND SINGAPORE
FROM INTEREST TO INVESTMENT: A REGIONAL SNAPSHOT
Our research reveals that close to half the digital population in both markets either owns or is interested in owning cryptocurrency.
The main motivations for investing include financial gain and the diversification of investments, while 97% of respondents believe that blockchain technology will significantly impact industries beyond finance.
The infographic also highlights several significant barriers to crypto adoption including regulatory issues, security concerns, and a general lack of understanding. Technical (setup) difficulties is seen as a major barrier by 34% of respondents.
Furthermore, 95% of users feel they could benefit from more information, as many are only somewhat or poorly informed. This lack of deep knowledge is apparent as 61% of the interested observers watch and learn but remain inactive during significant crypto events. Popular channels for obtaining crypto information include social media and crypto-specific websites and forums. By leveraging a targeted multi-channel engagement strategy, there is a significant opportunity to transform this latent interest into active investment.
Those seeking to explore these insights further can register below to access the full HYPE Research report
For more information on research services we offer get in touch at connect@hyperesearch.co
Get the Complete Cryptocurrency
Insights Report
Unlock exclusive access to our research report on cryptocurrency adoption in Hong Kong and Singapore. Gain a deeper understanding of:
-
The biggest barriers to cryptocurrency adoption
-
Key motivations driving investments
-
Knowledge gaps and educational needs
-
Marketing strategies to connect with crypto enthusiasts
Highlights include:
-
Breakdown of users by market, demographics, ownership and interest levels
-
How companies can increase knowledge and confidence in cryptocurrency products and services.
-
Innovative and impactful ways crypto has affected users and their communities
Register now to receive the full report

