Singapore has seen a surge in crypto ownership since early 2024.
Bitcoin is not recognized as a legal tender in Singapore, but citizens are allowed to invest in it.
Buying Bitcoin on a centralized exchange (CEX) in Singapore involves creating an exchange account, selecting a payment method, and confirming the transaction details.
To purchase Bitcoin on a decentralized exchange (DEX) in Singapore, users need to set up a Web3 wallet, connect it to Uniswap, and swap ETH for WBTC.