Philippines

Cryptocurrency information about Philippines

How many crypto owners in Philippines?

It is estimated that over 7.3 million people, 6.7% of Philippines’ total population, currently own cryptocurrency.(1)

Philippines – Southeast Asia’s crypto hub?

Bitcoin peer-to-peer trading activity in Philippines reached record highs in 2020, with volumes exceeding $1 million and consistently holding above $500,000 since early May.(2)

Are Filipinos open to crypto?

There was a high level of awareness of crypto in Philippines (74%). 53% of Filipinos expressed interest in investing in cryptocurrencies in the future while 39% of Filipino crypto owners said that they would use these assets as a means of payment for online purchases.(3)

Crypto adoption across Philippines:

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