Topic: [NEWS] GCrypto is now available to selected users - page 8. (Read 1343 times)

Yong transaction fees talaga yong challenge para sa ating mga Pinoy dahil hindi naman or iilan lang naman yong bumibili ng napakalaking halaga ng crypto na hindi na inaalala yong fees. Yong nga dahilan (para sa akin) na umiiwas ako sa coins.ph dahil ang laki ng kaltas sa value pag na-convert na yong peso into crypto kaya tingin ko option nalang ito ng Gcash pero madalang itong magagamit but when it comes to storage, very reputable naman yong Gcash, safe naman siguro yong nabiling crypto kahit hindi natin i-transfer sa non-custodial wallet natin.

I saw the original post na nasa loob ng article complaining na ang taas ng bawas ng gcash sa pag convert ng peso to btc. Madaming speculations about dun like the spread , fees , etc. I don't know if totoo yung 5% fee nila pero if legit man yun ehhh napakalaki nun and marami naman tayong options to use kaya nakapag tataka na bago palang ang crypto feature nila is ganito na agad kalaki yung fee nila. I never see myself using this service even na active gcash user ako. I always prefer my own way of storing and buying btc.

Thanks for the information. I saw it also sa Facebook. And I think somehow, your right. Many newbies will buy cryptocurrency using Gcash since it is more accessible to all Filipino users. And in fact, it is one the famous E-wallet in Philippines.

However, I tried to view it. Unfortunately, I think it doesn't work in other countries. Nasa ibang bansa kasi ako nadestino and gcash is the only means of payment and padala ko sa family ko. That's why I was glad that it is adopting the cryptocurrency. But let me just reinstall the gcash, maybe there's a problem with my application.

Inaabangan ko din lumabas ang feature na ito sa Gcash, nakita ko ung Gcrypto sa account ko pero hindi pa siya available until now so pili pa lang talaga ang may mga access nito.

From the looks of it mukang similar siya sa crypto ng Maya na maaari kang makabili ng cryptocurrency and makapagbenta sa platform ngunit maraming mga features na hindi mo pa magagawa, kumabaga bili lang and hold ng bitcoin or other cryptocurrency na available sa platform nila then you could profit kapag malaki ang tinaas ng presyo neto.

Pero pagdating sa pagreceive or pagsend ng cryptocurreny mo ay hindi pa ito available sa maya kaya malaking additional feature nila ito if available na agad ito sa platform nila. I dont really buy bitcoin sa mga ganitong wallet usually ang gagamitin ko ay binance app or website, but medjo madaming process lalo na if from cash to cryptocurrency usually Gcash din ang gagamitin mo to convert dahil mayroon namang option na gcash sa binance. Pero if you can buy naman ng cryptocurrency sa Gcash and you can send it to other wallets then why not since its convenient kaysa naman ipalipat lipat pa ang funds para lang maconvert.

Maganda siya since masaccesible lalo sa mga tao ang pagbili ng cryptocurrency the more na masmadaling bumili the more na masgaganda or gagalaw ang market which means more opportunity.

Finally nilabas na nila ang feature na ito at kahit in partnership ito with PDAX, sang-ayon parin ako doon sa mga nagsasabi na medyo mataas yung 5% fee.

Pero at least pwede silang magpadala at tumanggap to/from other wallets ^{[last time I checked, wala pang ganitong feature sa Maya]}:

• How do I receive Crypto?
• How do I send crypto to another wallet or exchange? (Under 50,000)
• How do I send crypto to another wallet or exchange? (Over 50,000)

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Based doon sa "min/max limit" page nila, eto yung mga sinusuportahan nilang cryptocurrencies:

• Quote from: https://help.gcash.com/hc/en-us/articles/9782179390489-What-are-the-minimum-and-maximum-amounts-for-buy-and-sell-orders-
  BTC, ETH, USDT, USDC, UNI, LINK, AAVE, BAT, GRT, ENJ, LTC, BCH, AVAX, MATIC, DOT, AXS, SLP, ADA, SOL, BNB, XLM and SUSHI

I'll just the link the recently published news by BitPinas: https://bitpinas.com/cryptocurrency/gcrypto-now-available-to-select-users/

Nakita ko lang din sa Facebook kasi may ilang users na nakaka-access sa GCrypto tab lately. Kung tutuusin parang parehas lang din yan sa service na ino-offer ng Maya, Coins.ph, saka ABRA, which means custodial wallet pa rin yan at hindi mo hawak yung private key mo.

Shinare ko lang kasi baka may madala ng hype tapos bumili ng sandamakmak na crypto tapos sa Gcash lang itatambak which is a BIG NO. The point is, ngayong nagiging mainstream na yung crypto sa average joe, most likely maraming newbies na papasok without knowing even the slightest security measures to protect their hard earned money. So kapag may nagtanong, you can simply say that after they bought their crypto asset, you can tell na dapat nilang ilagay sa non-custodial wallet like Electrum/Bluewallet or much better any mainstream hardware wallets lalo kung pang long-term naman nila yan iho-hold.

Of course, okay lang naman na i-hold pa rin sa gcash if and only if small amount lang yon for daily transaction or if they are actively trading. Yun reminder lang naman kasi mukhang i-lalaunch na nila yan soon.

Some useful links:
- https://cryptosec.info/
- https://electrum.org/#download
- https://bluewallet.io/
- LIST Open Source Hardware Wallets