Volume in the last two months are way higher than any previous volume recorded.
A new documentary released revealed a number of Filipinos earning a living by playing a blockchain game.
It was the single best month for P2P in the Philippines, whose previous record was just the month prior.
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.
Coinbase revenue tops $1.8 billion while the entire crypto market is now at $2 trillion.
Also, blockchain forensics company CipherTrace announced it released a tool that decentralized exchanges can integrate so they can block addresses that are sanctioned.
Bitcoin has firmly established itself above $30,000 in January 2021 while February was notable for a number of important news regarding institutional adoption.
With multiple payment options (over 300 ways to pay for Bitcoin), a global buyers and sellers, and as the biggest P2P marketplace in terms of number of transactions and volume, Paxful is one of the leading crypto marketplaces and as such a great and reliable place for Filipinos to start selling Bitcoin.