I've noticed that Vietnam seems to have a significant presence in the cryptocurrency market. I'm curious to understand the reasons behind this trend. Why is crypto so popular in Vietnam? What factors have contributed to its widespread adoption in this country?
5 answers
BlockchainWizardGuard
Wed Nov 06 2024
Cryptocurrency has emerged as an attractive alternative for many Vietnamese, offering a means to participate in the financial system.
Raffaele
Wed Nov 06 2024
Vietnam ranks among the countries with the highest usage of DeFi, or decentralized finance, globally.
HanbokElegance
Wed Nov 06 2024
Vietnam boasts a significant portion of its population that remains unbanked.
Pietro
Wed Nov 06 2024
Approximately 70% of Vietnamese citizens do not have access to traditional financial services.
Leonardo
Wed Nov 06 2024
This widespread lack of financial inclusion has led to a heightened interest in cryptocurrency.