Topic: Coins.ph Official Thread - page 232. (Read 291607 times)

Thanks to coins pro meron na tayong available exchange na almost the same price na rin sa ibang exchange na may BTC/USD. We don't have to worry kasi may option na tayo to trade BTC/PHP na hindi na nakamark-up at mark-down ang buy and sell prices.

into ang pag isipan ninyo mga Filipino

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.

it worked hehe, tested 1324$

bittrex to bpi wire transfer, 17$ ang nabawas sa pera ko..

pwedeng maallergy kayo sa fees pero ang selling price ay mas mataas sa bittrex, at dahil mas malaki ang selling price ni bittrex-mas malaki pa rin ang makikuha mo

overall masmalaki ng ~700 pesos ang perang makukuha mo compared sa coins.ph pag nagcash out ka ng .3 BTC

o iyan may alternative na tayo.

link to thread https://bitcointalksearch.org/topic/m.49699968

Totoo yan na lahat ng transaction natin sa coins.ph ay recorded pero dito ko alam kung kukuhanan pa nila ng tax yan kasi mga remittance lang naman yung mga transaction natin dyan. Depende na yung kung pano mo kinita yung bitcoin or yung pera mong pinasok sa coins.ph kung paano kukuhanan ng tax. Pero malabong nangyari na yun na tapos na yung mga transaction saka palang magpaprocess ng tax.

Sino dito nag bayad ng tax ng mga kinita niya sa crypto? may nabasa lang kasi ako na nakasave nga naman mga transaction natin kay coins.ph at posible daw na doon mag base ng tax kapag may batas na.. Nabasa ko lang yan sa FB d ko kilala nagsabi nun.

in my case meron na akong peso account kaya madali na lang mag open ng USD account, may pipirmahan na lang at fifillupan na form. magtatanong sila syempre, ako sabi ko sa crypto trading kasi nakalagay na din yun sa peso account ko eh.

Ah gets salamat. Isa pang tanong, hindi naman ba mahigpit ang bangko kung sakali mag open ng usd savings account? Magtatanong pa ba sila kung san manggagaling yung usd or what? May mga papers pa bang kailangan iprovide?

separate accounts yan, either passbook or atm account (your choice).

actually maganda nga ang dollar account kasi kung magwiwithdraw ka ng peso, kinoconvert lang yan ng bank to peso tapos peso na in cash ang ibibigay sa iyo.

uhaw ang bangko sa dollar, walang issue sa kanila iabsorb ang  dollar mo pag peso ang kailangan. masmalaki ang chance na pag kailangan mo ng dollar in cash ay possibleng hindi ka mabigyan, tulad ng time na naging 54 peso and dollar nag notice yung BPI branch dito na wala daw silang dollar para sa mga mag cacash out in dollar.

pero kung magwawire ka ng USD palabas ng bansa ay walang issue kasi numbers lang sa computer yun, hindi sila mauubusan ng dollar.

Madaming salamat sa pag sagot. Tanong ko lang din, kung sakali sa bangko ipapasok ang usd, pwede ba yung parang ipapa enable ang usd account under sa isang account number or magiging 2 accounts ko sa isang bangko, usd and pesos?

Yes, na-experience ko sya. Yan naman talaga pinipili ko every I cash-in kasi jan ang mura. Before, cebuana ang ganito until nagbago nga ang cebuana. Yes, instant na instant ang dating. So no worries.



This Unionbank option is the cheapest kasi nga ire-rebate naman yung 40 pesos mo pero hindi lang talaga assurance ang pagka-instant nya. If you try to take a look sa cash-in options ng coins.ph, nakanote doon na within 24 hours bago magreflect sa account mo. Good thing sa experience mo, instant sya.

Ang pagkakaalam ko hindi at mawithwithdraw mo sya in currency ng USD after mo iwithdraw doon mo nalang din sya icoconvert into what currency you want to convert. Parang katulad lang din ng Western union kapag yung kita mo sa adsense is USD. USD mo yang makukuha ikaw na bahala kung iconvert mo sya sa peso AFAIK.

here is a bit of history on coins.ph..

they were linked at coinbase, coinbase supports singapore (USD-BTC) not Philippines, coins.ph made an office in singapore and relayed their business to Philippines, diskarte ni coins.ph na maka buy and sell ng BTC for peso ang mga Filipino on arbitrage.

ngayon phased out na yung diskarte ni coins.ph na yun kasi international na ang bittrex at iwawire na sa ating mga Filipino direkta ang USD.

(at today's value) if you buy or sell around 650,000 pesos of BTC yung maintaining balance mo sa bank na 500 USD ~ 26,000 pesos ay bawi na kung icocompare mo sa arbitrage "fee" or "charges" ng coins.ph.

frog/s in a well indeed hehe   the more fierce these frogs becomes the more entertaining it is  

What the?... I don't understand your English  Mr frog. I ain't the owner of coins.ph for me to answer that. Wrap up your heads with charges. Everything has its tag price. When you go to USD account you will pay for exchanges fee and wire transfer fee to banks. Don't be blind Mr Frog. I ain't going to burn my brain cell to you and teach you to get your shits right. Trading... trading... trading.... Mr. Frog? How was your earning vs the exchanges earning? Goodbye. I'm going to sleep, and tomorrow is another day with my crypto.

Tell me where coins.ph is selling their btc for fiat? It is in usd too and they get it in the bank..wrap your head around that.

Are you d*mb? How much is the trading fee?  .25%, right? no usd withdrawal fee? take note: You will want to check with your bank as they may charge a fee to send your wire transfer as well as receive a wire transfer at your bank. Also, for international customer's if your bank uses an intermediary bank you will want to check with them to see if they charge a fee.
Source: https://bittrex.zendesk.com/hc/en-us/articles/115000199651-What-fees-does-Bittrex-charge-, you will still end up to like 180k crap. Ain't no banks giving free, how they will earn money if they don't have high fees Mr. Frog?

1 BTC present value

3607$ sell at bittrex 187564 peso convert (52=1)

182625 sell at coins.ph

and a more wider gap for buying BTC

imagine paying coins.ph that "arbitrage" when you enter BTC before the bull run starts....yeah keep sucking coins.ph tits kids.

HAHAHAHA  

You cannot see the larger picture here of what the topic is about, you're like a frog in a well who don't have the ambition to go further in life. You are thinking locally and just that USD account opening is your way? You can transfer your bitcoin to coins.ph and deposit to your peso account amounting to 2million or whatever you want. By the way, you are getting off topic about shilling your bittrex/balls or frog blah blah blah Mr. frog. Read before you post that crap of yours.

P.S.: Ohh com' on, I have no balls, I ain't a man, I'm a pretty Lady.

kaya nga ang sabi ko kay Lassie ay USD savings account is a must kasi USD daw dapat ang sabi ni bittrex ang account mo..it is not about getting into crypto, I'll ask you now, if I sold 1 BTC @ 16,000 tapos may 16,000 usd ako ngayon, ilang BTC ang kaya kong bilhin ngayon? 4.x BTC di ba..ngayon kung may 4.x BTC ako tapos ikaw na naka "be your own bank" ay may 1 BTC lang dahil hindi mo kinonvert sa fiat noong 16k usd pa ang value...sino ang mas revolution sa ating dalawa?   uulitin ko trading..trading..TRADING.

uulitin ko......malaking pera ang pinag uusapan dito. tama ka sa maliit na halaga pag malaki mas magandang dumirekta ka sa USD kasi parang middleman na lang ang function ng coins.ph

there is an old saying "a frog in a well cannot conceive of the ocean" ..it is a big/wide beautiful world out there  

I disagree, USD savings bank account is not a must when you want to enter or invest in cryptocurrency. We can trade or venture in crypto without any USD savings account, having such account is or will only prevaricate cryptocurrency revolution’s idea of “be your own bank”.

Imagine you have to maintain Php 26,051.84 (current exchange rate) ADB, and when you fall below maintaining balance, you will be fine of Below Minimum ADB Fee amounting to $ 10.00. It is your own money; why do they charge you with your own money?  Ginigisa ka lang sa sarili mong mantika. We trust them with our money, bakit ang ballpen nila sa bank nakatali? Nanakawin ba natin?

Plus, people can’t afford what you are suggesting of a must USD savings bank account. You think people here have $500.00? People are here to get something that they cannot earn outside of this forum. Be realistic, my friend. It is not a must.

No. You still need to apply for forex conversion in your maintaining bank of account if you want it in your Peso account, and of course they have fees on that.

hindi ito about sa maliit na halaga, para ito sa malalaking halaga. paano kung siniwerte ka? paano kung naging 10x 20x 30x yung crypto mo, paano kung may opportunity ka na nakita na sigurado kang makaka 2x or 3x ka at may pwede kang ipadalang 20k USD?....trading advantage ito

para ito sa "trading" with cash in at cash out....itry mo mag buy low sell high sa coins.ph, magkano ang selling and buying price (arbitrage)? sa bittrex magkano (bid-ask)?

para ito maging option sa pagcacashout sa coins.ph ng pera dahil nakikita ko na mas maliit ang mababawas sa pera mo.

again..pag nabenta mo ang BTC mo at 16,000$ noong early 2018, comfortable ka na nasa bittrex lang yun for 1 year? kung okay sa iyo eh di iwan mo doon. ako? hindi..at least mag 50-50 ako.

about feeling attacked? being called called dumb with puking effects hehe...I will not be surprised if people like this is somehow affiliated with coins.ph or just the typical Filipino talangka's out there..I'm sharing a trading move/advantage that coins.ph cannot offer, a cash out/cash in option, securing your dollars from exchanges by withdrawing it.

BDO..wala lang, kaya ng mga tao mag profit from crypto tapos haharangan nila...fuck them.

gagamitin ko pa rin ang coins.ph...baka pambayad ng bills hehe 

@ Lassie

USD savings bank account is a must. sa BPI 500$ maintaining balance