Mobile wallets/apps have emerged as the most popular choice among Filipinos for storing their cryptocurrency, with of respondents using them. Many Filipinos prefer the convenience of storing cryptocurrency on their mobile devices, which offers easy access and management. Cryptocurrency exchanges are also widely used, with of respondents storing their digital assets on platforms that facilitate buying, selling, and trading. Other storage methods tend to offer more specialized or secure options. For instance, some use payment services to store their cryptocurrency, while others opt for software wallets (soft storage), which provide a balance of convenience and security.
Gain a broader perspective by reviewing Philippines’ cryptocurrency adoption rate, Cryptocurrency awareness in the Philippines, cryptocurrency engagement in the Philippines.