coins.ph is selling and buying BTC from you at a mark up and mark down price kahit na siya pa ang may pinakamagandang price dito sa pinas.
this goes to all other cash out/ cash in options out there, you all have mark up and mark down price for BTC.
and one of the biggest/best things that happened to BTC is being pegged to USD, too bad ngayon lang tayo nagka direct BTC-USD trading nang maging "international" ang ibang malalaking exchange ng BTC.
may gamit pa naman ang coins.ph, as back-up cash in/ cash out,small amount cash in/ cash out at other features niya.
Pinagiisipan ko nga yung coins pro kung paano nila patatakbuhin yun with coins.ph(same company with coins pro) if they have different rates, meron pa ngang login to coins pro using coins.ph. para na rin nilang pinahina ang coins.ph kung ganun. at sa tingin ko may plano na sila dyan hehe
- they can manipuate the market at coins pro increasing the spread to replicate coins.ph, or traders will do that for them. tingnan natin pag dating ng panahon hehe
either way may advantage pa rin ang USD, USD is international, bittrex is just a start and those international exchanges can offer a lot more BTC, volume, and altcoins than coins pro.
if ever na gusto mo naman ilabas ang peso mo, will there be enough BTC at international prevailing rate na available sa coins.pro? at good luck converting those peso to USD if you wanted to wire them out of the country hehe
Hindi bro meron sila some kind of fees, pansinin mo yung exchange rate ni bitcoin sa ibang exchange tapos convert mo yung value to pesos makikita mo na ibang iba yung rate nila. Yung spread palang malayo na, hindi naman nagkakalayo ang presyo ng buy and sell in USD