www.cbxph.orgScreenshot:
http://imgur.com/4rqpTqbHow it works?
Click on the 'Start a new exchange' button.
You will be prompted to enter your COINS.PH Peso wallet address and amount of CBX to transfer.
It is important that you enter your Peso Wallet address so I can send the Peso conversion correctly
Upon submitting the exchange, you will see 3 possible status (by clicking on the + symbol on the left side of your transaction): 'Waiting for confirmation', 'Confirmed' and 'Exchange completed'.
If you don't have CBX, you can still take advantage of this by buying CBX using your BTC then exchange it in this site for CBX -> PHP.
FAQ
1) Why use this exchange when I can simply convert my BTC->PHP via coins.ph?
A. You can get more value out of your BTC if you use CBX instead of BTC this is because of the 3-4% charge by coins.ph in every BTC->PHP conversion and this exchange has none. Fees could be around 0.5% and that is only if you bought CBX from cryptopia.co.nz.
2) What are the conversion rates that the site is using?
A. Conversion rate is based on the Sell Orders in Cryptopia exchange for the CBX/BTC pair then BTC->PHP using coindesk api.
3) What if I entered an incorrect BTC address and not my Peso wallet?
A. You will still receive the fund but in BTC instead of Peso.
4) How soon will I receive my funds?
A. The only downside of using this is that it is currently in manual mode due to coins.ph only allowing registered businesses to make use of their automated APIs. Funds will be transferred on various times of the day as I am online most of the time. I also make use of coins.ph mobile wallet so I can process the exchange orders anytime anywhere.
5) Do you have any plans of automating this service?
A. Yes, no ETA though.
6) Why CBX and not other altcoins?
A. I have good belief in CBXs PoSP which rewards the holders. They also have less than a million coins and low inflation rate making the coin good for holding.
7) Where can I get CBX?
You can check it out here:
https://www.cryptopia.co.nz/Exchange?market=CBX_BTCConversion difference between BTC->PHP in coins vs BTC->CBX->PHP using cryptopia.co.nz and cbxph.org
http://imgur.com/s4SookMUsing the screenshot above for a sample of 0.1 BTC
Converted in cryptopia for CBX then cbxph.org for Peso gives P3077
Coins.ph only fives P3016
cbxph.org gives 2% more out of your BTC.