Philippines Surges to Second Place in Global Cryptocurrency Ownership Ranking

20.12.2024 43 times read 0 Comments Read out

Philippines Ranks 2nd in Cryptocurrency Ownership Globally

The Philippines has emerged as a leading nation in cryptocurrency ownership, ranking second globally according to a study commissioned by blockchain company Consensys. The survey conducted by data analytics group YouGov revealed that 52 percent of Filipinos have invested in cryptocurrencies such as Bitcoin and Ethereum. This marks an increase from the previous year's figure of 45 percent, indicating growing interest among Filipinos in digital assets.

This surge is attributed partly to the popularity of play-to-earn games like Axie Infinity during the pandemic, which saw significant participation from Filipino players. Despite this enthusiasm for crypto investments, there remains caution due to potential scams and phishing attacks targeting investors. Cybersecurity firm Kaspersky has warned about these threats disguised as giveaway scams or fake wallet pages designed to steal personal information. As reported on Inquirer.net (https://business.inquirer.net/497380/philippines-ranks-2nd-in-cryptocurrency-ownership-globally-study), experts advise vigilance against suspicious emails and links promising quick gains.

Learn & Earn: Binance Offers DEXE Rewards Through Educational Courses

Binance introduces an innovative way for users to earn rewards through its "Learn & Earn" program where participants can complete courses and quizzes related to cryptocurrency knowledge. By engaging with educational content provided by Binance Academy, users stand a chance to receive DEXE tokens locked within specific products upon successful completion of their learning modules.

This initiative aims at enhancing user understanding while simultaneously offering tangible incentives for acquiring new skills in the rapidly evolving world of digital finance. Although further details were not disclosed due to technical issues on their announcement page (source: Binance - https://www.binance.com/en/support/announcement/learn-earn-complete-courses-quizzes-to-earn-dexe-rewards-in-locked-products-2024-12-19-cd00d04336244e4eb763820aef96e6f0), it reflects Binance's commitment to fostering education alongside investment opportunities within its platform ecosystem.

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Article Summary

The Philippines ranks second globally in cryptocurrency ownership, with 52% of Filipinos investing in digital assets like Bitcoin and Ethereum, driven by play-to-earn games' popularity. Meanwhile, Binance's Learn & Earn program offers users DEXE rewards for completing educational courses on cryptocurrencies to enhance understanding and skills.