The more we discuses bitcoin and understand the possibilities it brings forth for Pakistan the more converts we have. This is now showing in trading volumes across different mediums of trade. If we just check the localbitcoins volumes during last few weeks we see upward movement this not only true in Pakistan but through out the world. The increase in volume has also resulted in increase in numbers of users. As we see more localbitcoin traders poping up on localbitcoin and facebook almost daily.
Talking to Mr Zain Tariq co-founder at urdubit the one and only bitcoin trading platform in Pakistan, it was informed to us that the volumes at urdubit have seen a steady climb and last month alone over 130 bitcoins have been traded uptill 26th Feb, The most they have done in any running month since the formation of the exchange. We were also informed that urdubit itself registered 1000 users in February which is almost 900% increase of previous months. It seems that Pakistan is now entering the age of bitcoin slowly but surely.
This is good news for freelancers, white-hat security experts and developers alike. This surge has partly been caused by users who are receiving international payments as absence of paypal in country like Pakistan have been widely publicised.
Bitcoin as a payment method is being used world wide, and with increasing number of users coming onto this, trading and services built around bitcoin in Pakistan is also increasing.