Instapay through GCASH, that's the tutorial that OP showed to us through the link.
I don't consider that coins.ph to bank, but instead its GCASH to bank, which I think its not necessary anymore since we can own a GCASH cash where we can withdraw our balance in any supported ATM.
Take note, this is not free as well, as you need to pay a higher fee than remittance cash out like ML.
Gcash cash out now, for 10K yo have to pay 200 fee. while for ML you just have to pay 100 and 80 for LBC.
Check the app mate. Direct via Instapay. No need GCASH. However, not all banks have an option for Instapay.
No need also to check OP's link. Or if you really did check, I think you missed his last modification/update of that thread.
I was not using the app now, so maybe I missed it, sorry. But OP's first instruction was GCASH to bank which is not appropriate to be called as transfer from coins.ph to bank, but anyway, I like the instapay, let's see if it supported my bank.
Take note, this is not free as well, as you need to pay a higher fee than remittance cash out like ML.
Lahat naman ng instant cashout sa coins.ph may fees IIRC. EgiveCash lang ang wala pero dahil matagal na yang wala sanay na mga tao magbayad ng fees.
But the fee of GCASH is not recommended because its too high.
Gcash cash out now, for 10K yo have to pay 200 fee. while for ML you just have to pay 100 and 80 for LBC.
Yang fees comparison e depende sa sitwasyon. Minsan may malayo sa mga LBC at ML Branches, minsan naman di sila maasahan sa gabi at madaling araw, kaya ang ending GCASH. Nagpost ako dito I think last week yata ng advantages and disadvantages ng mga instant cashout option ng coins.ph.
I'm fine paying 2% fees on GCASH kasi
convenient. Pag out of town ako mas madali ring maghanap ng ATM kaysa sa mga branches nila. Ngayon kung tipid ang habol, dun magcashout sa mababa ang fees compare sa GCASH kung may paraan naman para makapunta ng LBC or ML at magtyaga sa pila pag naabutan ng maraming tao.
of course... we like instant right, but I don't recommend this method to be use every time.
Maybe we will not feel the fee if we are just cashing out small amount like ranging from 1k to 3K but higher, we will surely feel it, in addition, the rate of coins.ph is not like the rate on the standard market, so its like a double kill,... but I'm not complaining as we can always find an option, just trying to state facts here by IMO.
