Topic: coins.ph as Bitcoin wallet - page 3. (Read 2104 times)
Coins.ph is a phillipian web wallet, also has amdroid app. I got a virtual debit card with some preloaded bits. Leter on you can reload with bitcoins but all these benefits are only given when you verify your account with real identification documents. Not recommended for everyone but to philipians
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 see yourself as a future bitcoin enthusiast, I suggest to buy a hardware wallet and only use coins.ph to convert fiat to bitcoin. Do not store bitcoins in that site for long because you cannot tell what may/can happen to it. I keep as little as 0.05 btc in it, anything more than that goes straight to my hardware.
Coins.PH seems a good & trusted wallet i've been encounter since i enter crytpo world. All transactions I make is smooth so i guess i can recommend this to others especially co-Filipino users cuz it is the only trusted wallet here in Philippines, but i heard that rebit is good to. Didn't tried yet but maybe soon.
i use coins.ph as my mobile wallet, i is easy to use and you can have a lot of rewards to redeem, however when it comes to storage of my bitcoins i use a different wallet, I also store it in to an external hard drive so as not to be hacked, I just make sure that all my bitcoins have back up, since we are living in an advance era, it is easy for hackers to hack your wallet, just be sure, if you use coins.ph though it is secured by the site, make sure to only store a minimum amount of coins, it is still better to be safe than sorry.
Since coins.ph is a web wallet i usually store not more than $500 in my wallet. Tho what i like about their service is that they have a lot of freebies that a philippine citizen can used to increase their income but as per caution even if they have a good service.
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!
Hi. If you are storing a very huge amount of btc, certainly coins.ph is not for you. (As for me, I only use this for cashing out btc into fiat). There are a lot of wallet out there where you have your own private key. Mycelium and electrum is the most common one. There is a thread out here in beginners that can help you on which wallets to choose from.
It's a legit but some posters here are correct, you don't have your own private keys. and it's an exchange, their selling and buying is not proportional to the bitcoin real time amount ( it's still a business though that's why its understandable) you can create your own wallet thru electrum so that you can hold your private key and being sure that you own your money without a third party account handling it just like coins.ph
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.
Coins.ph is a legitoney wallet.With coins.ph your money
Coins.ph is bitcoin wallet base here in my country from Philippines. This is most use web wallet here because its easy to convert into fiat that anyone here could cashout their bitcoin to bank account and remittance anytime. Im using this for many years now so far I didnt encountered any problem. But ofcourse if you will save huge amount of bitcoin you have choice to use a secured wallet with private key's like electrum wallet.
I wouldn't use it unless you had your own private keys, and it's not clear to me
if they let you have them. Probably not. Even if you're Filipino, can't you
just use a normal wallet like electrum or anything else? Why go with a wallet
provider (whatever that means) that could be sketchy as hell? Why bother?
if they let you have them. Probably not. Even if you're Filipino, can't you
just use a normal wallet like electrum or anything else? Why go with a wallet
provider (whatever that means) that could be sketchy as hell? Why bother?
What exactly is a coins.ph wallet? Isn't it demografically locked, basically made for a certain country?
I registered there, but when I try fund my account there are only methods, which are not avaible for my country
it is made in Philippines and does provide lots of features that are needed in ph payment transaction having some benefits too. It can still be used i think in some asian countries but with limited options.I registered there, but when I try fund my account there are only methods, which are not avaible for my country
Yes coins.ph is Philippine base bitcoin wallet provider that fits of what we need here in my country, I used there services more than a year and they are trusted. I think some other country must have the same concept of coins.ph services too for the benefits of there people and also the government.
What exactly is a coins.ph wallet? Isn't it demografically locked, basically made for a certain country?
I registered there, but when I try fund my account there are only methods, which are not avaible for my country
it is made in Philippines and does provide lots of features that are needed in ph payment transaction having some benefits too. It can still be used i think in some asian countries but with limited options. I registered there, but when I try fund my account there are only methods, which are not avaible for my country
What exactly is a coins.ph wallet? Isn't it demografically locked, basically made for a certain country?
I registered there, but when I try fund my account there are only methods, which are not avaible for my country
I registered there, but when I try fund my account there are only methods, which are not avaible for my country
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!
It is a good option that you choose coins. Ph. This is very good wallet for many people that are using bitcoin and this is very nice and convenient for everyone. I am the one who are what they called living evidence that this is very trusted wallet. 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.
Coins.ph is a legitoney wallet.With coins.ph your money 
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!
Hello there! Based on my experience about coins.ph as my bitcoin wallet, it's ok to use that since I was a new in bitcoin before, these is the wallet that I 've decided to use since it was a little bit familiar for me. Also it was easy to use and understand the terms. If you are willing try other online wallet, I would suggest to something. Try this two (https://paxful.com/) and (https://blockchain.info/wallet/). I hope you that was help you.
Coins.ph is actually a good wallet but it is better if you store your bitcoins in a much safer wallet or in an offline wallet. Was thinking of buying a hardware wallet to make it more safe if I had the right budget for it.
As everyone else said, avoid web wallets if you're dealing with large BTC amounts because you do not control your private keys.
They are fine for smaller sums, but for larger ones use offline wallets such as Core or Electrum where the safety of your BTC are guaranteed.
For huge amounts, using a paper wallet or a hardware wallet such as a Ledger Nano is even better.
They are fine for smaller sums, but for larger ones use offline wallets such as Core or Electrum where the safety of your BTC are guaranteed.
For huge amounts, using a paper wallet or a hardware wallet such as a Ledger Nano is even better.
Only use coins.ph wallet if you are going to exchange your bitcoin to peso, otherwise, store your bitcoin in other wallets. You do not have your private keys if you use coins.ph wallet so you really do not have control over your bitcoin.
Electrum is a good wallet and it is lightweight.
Electrum is a good wallet and it is lightweight.
That is right, you are not holding your private keys and others say that when you don't hold the private key of your wallet, that means you are not holding your Bitcoins. I prefer MyCelium than Electrum, from what happened to me this day, I think I will go to MyCelium.
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!
Hi kabayan!
No. I would not suggest that you use coins.ph. Coins.ph doesn't give you access to your private keys, which is a huge factor in my book.
"If you don't hold the private keys, you don't have bitcoins"
Did you know about the btc:bch split? If your bitcoins are in your coins.ph wallet, then pretty much they own your bitcoincash(bch) now, and there's no way you can retrieve them. That's only one of the reasons out of many why I don't use wallets like coins.ph. Depending on what device your using, use electrum, breadwallet, or copay instead.
By the way, join us at pinoybitcoin.org
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