With this conference that went one then maybe this will bring more exposure to the population there and will then bring on more appeal to start a new exchange to be available to the people there and not just have them rely on one sole entity there.
https://bitcointalksearch.org/topic/philippines-is-starting-to-accept-bitcoin-3031991
Topic: coins.ph as Bitcoin wallet (Read 2104 times)
Coins.ph is the well know crypto exchange in the Philippines and you can do lots of things in that exchange, one is you can do trading fiat to bitcoin or vise versa and now they launch beta tester for ethereum and hoping it would be successful to make us able to received other coin. Also i recommend to used coins.ph as small business by selling load and as remittance center specially if you are in remote area or in subdivision.
Thank you for mentioning about the ethereum wallet but from the looks of it, it only supported android OS so far. As for business of selling load, I don't do that, I just usually load my self and my family members if I have dust amounts in my wallet.
Coins.ph is actually a nice wallet and I think most people that use it are Filipinos. It actually has a nice feauture where in you can reload your mobile phone in certain amounts and you get 5% back for each transaction. It is good for storing small amounts of bitcoin or satoshi but I wouldn't recommend storing large amounts since you got no control on the keys and you're gonna have a problem converting your bitcoin to other currencies aside from Philippine Peso.
Well everyone here knows that in a trading exchange, we don't have the control of the private keys and coins.ph is not an exception. But I have known some friends of mine holding 6 digits in coins.ph and so far nothing has happened. I myself don't have huge amount though, I immediately convert my funds to local PHP and I hold most of my btc in a wallet like Electrum and Bitcoin core for far more control of it.
Coins.ph is the well know crypto exchange in the Philippines and you can do lots of things in that exchange, one is you can do trading fiat to bitcoin or vise versa and now they launch beta tester for ethereum and hoping it would be successful to make us able to received other coin. Also i recommend to used coins.ph as small business by selling load and as remittance center specially if you are in remote area or in subdivision.
Coins.ph is actually a nice wallet and I think most people that use it are Filipinos. It actually has a nice feauture where in you can reload your mobile phone in certain amounts and you get 5% back for each transaction. It is good for storing small amounts of bitcoin or satoshi but I wouldn't recommend storing large amounts since you got no control on the keys and you're gonna have a problem converting your bitcoin to other currencies aside from Philippine Peso.
I agree but you can't rely on it too much and use your every transaction on it since you do not hold the private keys to your wallet, you can never be too safe on the facts that they could get your bitcoins and run away with it, but I think it's still safe. If you are going to save, then try a different wallet that you could hold the private keys and the mnemonics if you have. Try a cold storage device. 
Coins.ph is actually a nice wallet and I think most people that use it are Filipinos. It actually has a nice feauture where in you can reload your mobile phone in certain amounts and you get 5% back for each transaction. It is good for storing small amounts of bitcoin or satoshi but I wouldn't recommend storing large amounts since you got no control on the keys and you're gonna have a problem converting your bitcoin to other currencies aside from Philippine Peso.
As far as I can see coins.ph is a web wallet, so yes, I'd advise against using it.
You have many options, such as Bitcoin Core, Electrum and Armory for desktop and breadwallet, electrum and mycelium for mobile.
Lmao…I wouldn’t even recommend such to a person. Like are you serious? Bread wallet? That’s not a good mobile wallet, and you shouldn’t recommend such, it even has a rating 3 out of 5. Mycelium, has a lot of complaints. I don’t know about Electrum, but it’s all choice. I make use of Xapo, Blockchain.info, Coinbase (stopped using Coinbase). You have many options, such as Bitcoin Core, Electrum and Armory for desktop and breadwallet, electrum and mycelium for mobile.
It's fine to use coins.ph as bitcoin wallet. Very the same with coinbase but I will always prefer to the wallet that I have the private keys. Top choice here is electrum you have the seed, private keys, master keys. This will do help you for security.
Do you have control of your private keys? If not do not use it.
I'm ok with blockchain
I'm ok with blockchain
No we dont have a control with our private keys since this is just a shared wallet. Blockchain has ridiculous fees but in coins.ph you can have the freedom to choose a lesser or has 0 fees. Aside from that people should also understand that they are not just an exchange site but they are more likely to have a variety of services
Coins.ph is very popular in the Philippines, the easiest way to cash out into fiat. But as a wallet, I think this is not a good choice. Better to use electrum or if you want to store it for long term try trezor for better security.
If you are a Filipino then the easiest and most convenient way to convert your Bitcoin to Philippine Peso is Coins.Ph they have an in-app exchange that has fair exchange rate. And I notice that their are several members here concerned about the security of the site, as far as I know Coins.Ph is a registered business in the Philippines and is required for you to verify your identity in order to cash in and cash out large amounts of money with them. They also have an office in which you can voice out your concern.
I recommend the Electrum for you.
It is actually a good wallet and it is secured.
It is actually a good wallet and it is secured.
Electrum is very good but let's consider how will you be using your bitcoins. I also use Coins.ph and yes I can say they are not that good if we are talking about security and other features like holding the private key. But I do use it because it is partnered in my bank making my transactions to my bank account free.
Well said, I am using Coins.ph because of this reason too. I think you are talking about the Landbank if I am not mistaken. Eversince I first earned my first coins I am using this wallet. And since I am used to it, when I use other wallets I become confuse.
Right now I am using two wallets Electrum and Coins though I just send bitcoin to my coins wallet to send in my Bank Account.
Electrum is safe and secured wallet just save your private keys/seed and all is well. With regards of coins.ph so far I didnt encountered any problem and fast response with support. I used this coins.ph for almost a year now that is easy to use, easy to cashin and cashout your bitcoin funds into fiat.
I recommend the Electrum for you.
It is actually a good wallet and it is secured.
It is actually a good wallet and it is secured.
Electrum is very good but let's consider how will you be using your bitcoins. I also use Coins.ph and yes I can say they are not that good if we are talking about security and other features like holding the private key. But I do use it because it is partnered in my bank making my transactions to my bank account free.
Well said, I am using Coins.ph because of this reason too. I think you are talking about the Landbank if I am not mistaken. Eversince I first earned my first coins I am using this wallet. And since I am used to it, when I use other wallets I become confuse.
Right now I am using two wallets Electrum and Coins though I just send bitcoin to my coins wallet to send in my Bank Account.
I recommend the Electrum for you.
It is actually a good wallet and it is secured.
It is actually a good wallet and it is secured.
Electrum is very good but let's consider how will you be using your bitcoins. I also use Coins.ph and yes I can say they are not that good if we are talking about security and other features like holding the private key. But I do use it because it is partnered in my bank making my transactions to my bank account free.
Hi Guys! I I just want to hear out your thoughts about coins.ph as Bitcoin wallet. I am actually using coins.ph and this is the only Bitcoin wallet I am familiar with. I am wondering if I should switch into a better Bitcoin wallet or coins.ph is a good option already. If not, may you guys suggest other options that may be better or more convenient to use. I know there are a lot of other Bitcoin wallet suggestions and I am willing to try out the others as well. Thank you!
Coins.ph is a philippines based company that provides block chain based services.It has a special feature in it which is lacking in other wallets.You will be given two bitcoin addresses,one peso wallet and other bitcoin wallet.You can send directly bitcoins to bitcoin wallet and it will be received as bitcoins.If bitcoin is sent to peso wallet,it is converted to peso and stored as peso,the philippines currency.With this service,you could even pay bill payments,online shoppings and mobile recharge,etc.But in other wallets,you could only store,send and receive bitcoins. 
Hi Guys! I I just want to hear out your thoughts about coins.ph as Bitcoin wallet. I am actually using coins.ph and this is the only Bitcoin wallet I am familiar with. I am wondering if I should switch into a better Bitcoin wallet or coins.ph is a good option already. If not, may you guys suggest other options that may be better or more convenient to use. I know there are a lot of other Bitcoin wallet suggestions and I am willing to try out the others as well. Thank you!
Coinsph is a nice wallet if you are going to buy bitcoins and when you are going to send/withdraw your bitcoin to any bank, remitances and many choice since coinsph is an exchange, but if you are going to hold your bitcoin in long term then I must suggest that use a desktop wallet like electrum.
Hi Guys! I I just want to hear out your thoughts about coins.ph as Bitcoin wallet. I am actually using coins.ph and this is the only Bitcoin wallet I am familiar with. I am wondering if I should switch into a better Bitcoin wallet or coins.ph is a good option already. If not, may you guys suggest other options that may be better or more convenient to use. I know there are a lot of other Bitcoin wallet suggestions and I am willing to try out the others as well. Thank you!
If you are from the Philippines you can use that exchange as your bitcoin wallet. But as advised use it only as an exchange.
You better use it upon transferring your funds and just sell it directly it to them or by converting your bitcoin into cash.
Better choice as wallet is electrum.
I've been using his exchange for some time now and so far I don't experience any issues with them. Staff are OK although the response time is not that good but still I will give them 4 out of 5 stars. I just used them to convert to PHP and I'm not storing huge amounts of funds in there. I know that risk that's why I do it, but of course if I have large amount of bitcoin I will safely secured it in Electrum.
But exchange will always be exchange, you don't have the private keys or any control with them.
If you are aware that there's a lot of exchanges before that was hack and that you should be aware of.
It's not bad to trust them if they are legit operating but to be secure with your funds is the most important matter of all.
Coins.ph is an exchange wallet so I'd highly recommend you not to use it to store a huge amount of moneh. They are very strict in their policy and you may end up having no access in your wallet if you fail to comply with their TOS. I'd suggest you to only use it if you are selling or buying btc and store your bitcoin in a wallet whdre you have full control of your address and funds.
yeah coins.ph is an exchange wallet. and when you have a huge amount on your coins.ph wallet they will hold your account and they ask you some question about that. it is a very secure wallet otherise very strict in their policy. not recommend in storing some BTC but recomend in exchange or reciever or small amount of bitcoin but not to much. just avoid that happen.
I recommend the Electrum for you.
It is actually a good wallet and it is secured.
It is actually a good wallet and it is secured.
Hi Guys! I I just want to hear out your thoughts about coins.ph as Bitcoin wallet. I am actually using coins.ph and this is the only Bitcoin wallet I am familiar with. I am wondering if I should switch into a better Bitcoin wallet or coins.ph is a good option already. If not, may you guys suggest other options that may be better or more convenient to use. I know there are a lot of other Bitcoin wallet suggestions and I am willing to try out the others as well. Thank you!
If you are from the Philippines you can use that exchange as your bitcoin wallet. But as advised use it only as an exchange.
You better use it upon transferring your funds and just sell it directly it to them or by converting your bitcoin into cash.
Better choice as wallet is electrum.
I've been using his exchange for some time now and so far I don't experience any issues with them. Staff are OK although the response time is not that good but still I will give them 4 out of 5 stars. I just used them to convert to PHP and I'm not storing huge amounts of funds in there. I know that risk that's why I do it, but of course if I have large amount of bitcoin I will safely secured it in Electrum.
Hi Guys! I I just want to hear out your thoughts about coins.ph as Bitcoin wallet. I am actually using coins.ph and this is the only Bitcoin wallet I am familiar with. I am wondering if I should switch into a better Bitcoin wallet or coins.ph is a good option already. If not, may you guys suggest other options that may be better or more convenient to use. I know there are a lot of other Bitcoin wallet suggestions and I am willing to try out the others as well. Thank you!
If you are from the Philippines you can use that exchange as your bitcoin wallet. But as advised use it only as an exchange.
You better use it upon transferring your funds and just sell it directly it to them or by converting your bitcoin into cash.
Better choice as wallet is electrum.
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