After a report published by BitPinas that some crypto holders experienced P2P scams, more and more from the community shared their experience.
The Philippines ranks 5th in peer-to-peer (P2P) exchange trade volume according to the research “The 2021 Global Crypto Adoption Index” by Chainalysis.
Cryptocurrency exchange Binance revised its Peer-to-Peer (P2P) marketplace fees scheme for market makers.
Filipino crypto users will have a more easy onboarding process should GCash decide to enable crypto purchases directly on the app.
It was the single best month for P2P in the Philippines, whose previous record was just the month prior.
With the launch of local P2P, does it mean the Philippines is back in OKEx’s priority list? We interviewed OKEx CEO Jay Hao to know more.
Also, the volume of Bitcoin transactions in the Philippines in March 2021 has increased by 56% compared to the previous month according to data available for peer-to-peer exchanges Paxful and LocalBitcoins.
Also, Citi is claiming that while the digital asset industry is expected to grow as a whole, Bitcoin’s dominance could continue to decline as it’s going to be affected by the usefulness of other cryptocurrencies.
This is the largest recorded combined volume on both exchanges, with Paxful getting the lion’s share of the volume.
Bitcoin has firmly established itself above $30,000 in January 2021 while February was notable for a number of important news regarding institutional adoption.