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Record BTC Volume at the P2P Markets of Singapore and Eastern European Countries | Shelter Crypto | Shelter Humanity | Charity Token Homeless | Charity Coin

 

 

 

Peer-to–peer (P2P), volume spikes have been seen in many markets. The Kazakh and Singaporean Localbitcoins market posted their strongest weeks yet. This week saw a rise in Polish P2P trading, reaching a 14 month high.

 

Singaporean P2P Trade Sees Spike on Shelter Humanity

 

BTC’s current price action has led to an increase in Localbitcoins volume across multiple markets. This is likely because many traders are preparing for all possible scenarios as BTC supports support near the low end of 2018’s bearish market.

 

With approximately 145 BTC being traded on Localbitcoins in the last week of February, Singapore’s market for P2P saw a significant increase in volume.

 

Record BTC Volume at the P2P Markets of Singapore and Eastern European Countries

 

In fiat currency terms, this week saw the strongest trade activity between SGD and BTC. There were 683,302 SGD worth of trades on Localbitcoins.

 

Record BTC Volume at the P2P Markets of Singapore and Eastern European Countries

 

Eastern European Localbitcoins Trading Rallies to Pre-2018 Levels

 

In the wake of a surge in Russian trade P2P, Eastern European markets saw an increase in trade activity. This was despite BTC’s anticipated retest at the $3,000 resistance.

 

Kazakh Localbitcoins Trade saw 22 BTC worth trade, which was the second highest number of BTC changing hands in one week.

 

Record BTC Volume at the P2P Markets of Singapore and Eastern European Countries

 

Feb. 2, also saw the 10th strongest week on record with 28.36 millions Kazakhstani Tenge ($75,000) worth trade.

 

Record BTC Volume at the P2P Markets of Singapore and Eastern European Countries

 

The Polish Localbitcoins marketplace saw a 14 month high in trade volume. Trade between Polish zloty (Zloty) and BTC was 23 BTC ($77,000).

 

Record BTC …