That's an interesting opportunity for filipino traders to move to true p2p exchanges, they have a big community and any DEX out there can make great business targeting them

The only thing one may worry about is the level of knowledge about crypto among filipino binance users, the last years I have seen in several countries that binance's influence in the community, though good for adoption is horrible from the perspective of education about crypto. Several merchants who take crypto via binance are almost clueless about using it by themselves, I don't know if its the case in Phillipines


Only when you want to buy local fiat or physical goods that cannot be shipped easily should you limit yourself to local alternatives in crypto