Why Pakistan Ranks Sixth in Global Crypto Adoption

Pakistan has quickly become one of the world’s fastest-growing markets for digital assets, ranking sixth in global crypto adoption according to international studies. 

Despite regulatory uncertainty, enthusiasm for cryptocurrencies continues to rise, driven by younger generations seeking alternatives to traditional finance.

From peer-to-peer transfers to long-term savings strategies, Pakistan crypto adoption highlights a mix of economic necessity and forward-looking ambition. This trend underscores why the country remains a focal point in discussions about the global future of digital assets.

Why Pakistan Ranks Sixth in Global Crypto Adoption

Economic Motivation

Pakistan has faced ongoing currency depreciation, prompting many citizens to turn to cryptocurrencies as a hedge against inflation. Digital assets are increasingly being viewed as a reliable store of value compared to local currency.

Salary and Payments in Crypto

Surveys reveal that one in ten Pakistani crypto investors prefer to receive or pay salaries in virtual currency. This reflects growing confidence in digital assets as a practical tool for daily life rather than just speculative trading.

Read Also: Who is Pakistan's Crypto Billionaire? Bitcoin's Journey & The First Billionaire

Generational Trends

Demographic data shows that Gen Y (26–39 years old) and Gen Z (18–25 years old) dominate Pakistan’s crypto landscape. 

Many new investors are entering the market, with some starting small, 40% of them investing less than $100, signaling a cautious but steady adoption curve.

Diverse Use Cases

Pakistani investors are not just trading; they are also using cryptocurrencies for:

• Long-term holding (HODLing)

• Peer-to-peer transfers for remittances and local payments

• Purchasing NFTs and experimenting with Web3 platforms

This diversity of use cases reflects the versatility of crypto assets in meeting different financial needs.

Trading Volumes Despite Uncertainty

Even though the State Bank of Pakistan does not officially recognize crypto as legal tender, industry estimates suggest that the country’s annual trading volume ranges between $18 billion and $25 billion. Such figures highlight significant grassroots adoption regardless of regulatory hesitation.

Global Crypto Ranking Context

Pakistan’s sixth-place position in the global crypto ranking is not just symbolic; it places the country ahead of several advanced economies in terms of adoption. This indicates the strong role that emerging markets play in shaping global crypto dynamics.

Unlike some countries where adoption is driven mainly by institutional investors, Pakistan’s case shows how individual users, often with modest financial means, are driving adoption from the bottom up.

Read Also: 11 Best Trending Cryptocurrencies in Pakistan (2025)

Conclusion

Pakistan’s journey into the digital asset space illustrates how necessity, opportunity, and technology can intersect to fuel adoption. 

Ranking sixth globally, the country’s young population, high demand for alternative financial tools, and resilience in the face of economic challenges are shaping a new chapter in its financial evolution.

While regulatory clarity remains a future milestone, the trends in Pakistan crypto adoption suggest that the nation will continue to be a key player in the global digital economy.

For more in-depth crypto market updates and predictions, check out the latest posts on the Bitrue blog, or explore trading directly on Bitrue’s platform.

FAQ

Why does Pakistan rank sixth in crypto adoption?

Because of high demand from younger investors, inflation hedging, and widespread peer-to-peer use cases.

Who are the main crypto users in Pakistan?

Mostly Gen Y and Gen Z investors, with many new participants entering the market in the past few months.

What is the trading volume of crypto in Pakistan?

Estimates suggest between $18 billion and $25 billion annually, despite regulatory uncertainty.

Do Pakistanis use crypto for salaries?

Yes, surveys indicate around one in ten investors prefer salaries in cryptocurrency.

Is crypto legal in Pakistan?

Crypto is not officially recognized, but its use is widespread among investors and traders.