Exchanges are the epicenter of this change. Cryptocurrency exchange forms the arteries and the veins for the masses to be active participants in the new financial world.

Cryptocurrency exchanges are not the mall but rather the candy store for economic participation. It allows the masses to be part of a global financial ecosystem. Allowing the common citizen to save, spend, and invest in ways they never thought of.

How Southeast Asia's Unique Context Fuels Crypto Adoption

Southeastern Asia has maintained some of the most tech-savvy, young populations on Earth and literally hungers to plunge deep into digital solutions. Thailand, Indonesia, and the Philippines top the list of countries with high smartphone penetration. For them, mobile applications are the most important medium of access to financial services. Actually, this generation has been served just right by cryptocurrency exchanges that have seamless app interfaces combined with user-friendly trading tools.

The other factor of the region's reliance on them is the remittances. Millions of workers send money to their families many times at exorbitant fees, not to mention how much time it takes for traditional banks to do such a job. While exchanges with cryptocurrencies allow international transfers much quicker and cheaper, it is just the much-needed lifeline for many families and businesses.

It helps that, for instance, a retailer in Bangkok may get paid by a client in Manila in cryptocurrency in just a few minutes with no additional cost. This efficiency partly fuels the popularity of digital currencies in Southeast Asia.

Cryptocurrency has been a great friend to the entrepreneurial ecosystem in this region. These blockchain startups and technology innovators will use these digital currencies for seamless workflows, crowdsourcing their projects, or tapping into economic pipelines of foreign markets. This really spurs technology advancement and job creation, therefore, toward a more robust and inclusive financial ecosystem.