Singaporeans are increasingly aware of and invested in cryptocurrency, the Independent Reserve’s Independent Reserve Cryptocurrency Index (IRCI) 2023, revealed that 91% of the 1,500 surveyed residents are aware of at least one cryptocurrency.
The same study found that 43% of respondents own at least one type of cryptocurrency, with Bitcoin and Ethereum being the most popular.
As more Singaporeans become comfortable using digital assets, the demand for businesses that accept cryptocurrency as payment will naturally rise. Here are 8 places in Singapore where you can spend your crypto, from wristwatches to pet supplies.
1. Charles and Keith
CHARLES & KEITH is a Singaporean fashion house label founded in 1996, specializing in footwear, handbags, shoes, and kid’s clothes with accessories
Based in Singapore, the brand has a vision to empower people to express themselves freely through fashion, by constantly reinventing itself with its curated collections.
The brand operates more than 600 stores worldwide across 37 countries with its headquarters at Tai Seng Link, Singapore.
CHARLES & KEITH has several stores in Singapore click here to see the one nearest to you and their operating hours.
You can spend your crypto online or in-store, CHARLES & KEITH accepts Bitcoin, Ethereum, and Tether(USDT).
2. Uchu Wasi
If you are intrigued by Latin American food and culture, Uchu Wasi is the place for you. They offer sought-after ingredients and products for various Latino cuisines, even better, if there is any special ingredient you can’t find in their online and retail store you can place an order they will make it available.
The restaurant has been registered in Singapore since 2008 with the goal of promoting Latin American culture through its food and beverages. They accept Bitcoin, Ethereum, Bitcoin Cash, USDT, USDC, Litecoin, and Others.
Uchu Wasi also offers recipes and free delivery islandwide in Singapore.
Address: 1 Scotts Road #24-10
Tel: +65 68364586
2TONE VINTAGE is a watch store in Singapore their collections include vintage watches, wristwatches, and pocket watches. Some brands they carry are Rolex, Patek Phillipe, Omega, Ulysse Nardin and lots more.
2ToneVintages offers free worldwide shipping and 1 year warranty when you buy a vintage watch from them.
Just like EuroSports, 2ToneVintages also partnered with FOMO pay to enable them accept payment in crypto, they accept Bitcoin, Etheruem, USDT and USDC.
Address: 428 River Valley Road, #01-11, Singapore 248327
Showroom Tel.: +65 6977 7123
JooBar is a sleek, casual, and inviting venue within a three-story heritage shophouse along the charming streets of Tan Quee Lan. Ingeniously created by Singaporean aficionados of Korean culture and food.
JooBar was born from a desire to offer top-notch modern Korean bites and creative drinks. They’ve made sure to host it in a space that exudes a laid-back vibe with a tasteful dose of edginess.
From their website, you can order takeaways, book reservations, and private bookings.
And of course, they accept Bitcoin, using the Bitcoin lighting network with this you can pay for coffee or just a glass of drink using Bitcoin at very low fees.
Address: 5 Tan Quee Lan St, Singapore 188094
Tel.: +65 81381628
5. Sarnies Café
Sarnies is a pumping little café located in the busy downtown area of Singapore. They adopt a relaxed chilled-out vibe, making visitors feel as though they’ve just stepped right into a café in Fitzroy, the hipster capital of Melbourne.
You can expect freshly prepared gourmet sandwiches, soups, salads, and homemade bakery treats. Sarnies are also well known for their freshly roasted coffees and quality teas.
The café offers free pick-ups, delivery, and in-store wifi.
Sarnies have been accepting crypto payments in-store since December 2021, they accept Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), Solana (SOL), and others.
Check out their menu here.
Address: 136 Telok Ayer St, Singapore 068601, Singapore.
Phone: +65 8163 6577
Kibbles is an online pet food and supplies store that sells products from your favorite pet brands, brands like Aatas Cat, BOW WOW, Happi Doggy and lots more.
Their products and supplies are categorized into food, treats, health & grooming, and toys & accessories. For every purchase, they promise to deliver it to you within two working days.
Kibbles also provides services such as Ask-a-Pet Expert which enables you to connect online with Pet Experts and get answers to all your pet-related questions and concerns. Their Autoship lets you schedule regular deliveries of your pet supplies, so you’d never run out of pet food or other essentials like potty pads, cat litter and you won’t have to place repeat orders for items that your pets consume on a regular basis.
At Kibbles you can pay with crypto they accept Ethereum, Bitcoin, Dogecoin, USDC and other cryptocurrencies.
BullionStar is a bullion dealer based in Singapore. They specialize in selling a wide range of bullion products, including gold, silver, and platinum bars, coins, and jewelry.
The company was founded in 2012 and has since become a popular destination for investors and collectors seeking to purchase and store precious metals in Singapore.
BullionStar offers a one-stop-shop experience for customers, allowing them to view, evaluate, purchase, sell, and securely store their bullion products.
The company also offers savings programs for customers looking to invest in precious metals on a regular basis.
In addition to its bullion trading services, BullionStar is known for its educational content and research on precious metals, providing customers with valuable insights and analysis on the bullion market, they do this via their website and Youtube channel.
At Bullionstar you can buy gold and silver with crypto as well as get paid in crypto when you sell your gold and silver. They accept Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
Address: 45 New Bridge Road, Singapore 059398 Singapore.
Phone: +65 6284 465
I present to you Bitrefill, with this platform your cryptocurrencies become almost as useful for purchasing as your cash or credit/debit card.
How it works: With Bitrefill you can use your crypto to buy gift cards from major supermarkets, gaming, and travel brands. Instead of searching for places that accept crypto, if you know they have gift cards, you can just search for them on Bitrefill and buy their gift card.
This is a page on Bitrefil where you can buy ShengSiong’s gift card with crypto and use it for shopping on ShengSoing. Imagine buying all your hotpot essentials with Bitcoin!
Gift cards from Bitrefill can be used online or in-store, you can also recharge your mobile phones using crypto. Here are some of the top gift cards in Singapore on Bitrefill.
Singapore is definitely a crypto hub with the yearly increase in crypto adoption in the city-state we will see more and more businesses start accepting crypto payments in Singapore.
Finally, you can use Coinmap to look for more places that accept Bitcoin in Singapore.
[Editor’s Note: This article does not represent financial advice. Please do your research before investing.]
Featured Image Credit: ChainDebrief
This article was written by Godwin Okhaifo and edited by Yusoff Kim