The use of Crypto currencies in our country. - page 3.

Janation

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Quote from: Bes19 on June 06, 2019, 01:18:38 AM

I'm from Philippines too and i also use coins.ph. What i hate about this wallet is their transaction fee sometimes it goes at around $6 and their conversion rate from php to btc/eth/xrp/bch is really high!

I don't fee these fees.

It is not that I am defending them since there are people that said that to me. What I'm saying is that I don't usually use coins.ph to transfer Bitcoin to other wallets. I just use coins.ph when I need something for it to do for me for example, maybe buying some steam credits which is so great and buying load. I can also cash out money to banks that are so easy and free though it takes some time.

Bes19

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I'm from Philippines too and i also use coins.ph. What i hate about this wallet is their transaction fee sometimes it goes at around $6 and their conversion rate from php to btc/eth/xrp/bch is really high!

DaddyMonsi

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I find it really convenient to use that app however, most of the time, I think twice in spending my Bitcoins just to pay my utilities. Imagine if I pay my satellite monthly subscription last Feb 15 2019 for 0.0028BTC which is equal to $10.07 at that time, that $10.07 worth of Bitcoin is now worth $21.89.

idham29

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Quote from: worle1bm on May 12, 2019, 10:21:48 PM

It's good to see that countries like Philippines have realized the importance of cryptocurrencies and they are used as payment for daily work.Moreover there are many investors who use crypto wallets to make payments as it is crypto freindly nation but still its not accepted at global level due to many reasons like price volatility,decentralized approach and others.But soon we will see crypto dominance globally.

In my country crypto cannot be used as a means of payment, but can be traded because based on the regulations in my country it is included in futures trading.
In my opinion, this regulation is better than prohibited, because with the government regulation, people in my country can own and trade crypto money.

The Seller

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It was something very great and very different from my country that even people who knew crypto were still very far from 10% of the total population and that caused a lack of support to spread the news and benefits of crypto.

Assface16678

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Quote from: yazher on May 01, 2019, 11:20:19 AM

Since the rise of the cryptocurrencies, there are so many countries adopting it so quickly and one of them is my country (The Philippines).
in early 2014 one of the first online Wallet was created and that was Coins.ph, according to Wikipedia Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. this wallet helps us a lot for using bitcoins in many ways. today I want to show you the use of Crypto Currencies in our country with the help of this Online Wallet.

1. Paying Bills with BTC

image loading...

With the help of Coins.ph It only takes a few seconds to pay your bills in our country, Select the bill type you want to pay. You can use Coins.ph to pay your utilities (electricity and water), government services, broadband, telco, cable, credit card, and tuition fees.

2. Buying Load or (Phone Credit) with BTC

image loading...

In our country, you can also buy a load with BTC off course with the help of Coins.ph. and wait, it has a 10% rebate too if you buy 100 php worth of load you get 10 php rebate. that was cool right?

3. Buying Game Credits with BTC

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Coins.ph is the only game credit outlet in the Philippines that charges zero fees. You’ll always get the exact amount you pay for! This one really helps me a lot cause I don't need to go on Town Just to buy a Steam Wallet Code, All I need to do was load my wallet and Boom! my Steam Account is loaded with credits.

4. Cash out at Thousands of Locations

image loading...

We can also cash out our Crypto Currencies through these options: eGiveCash at Security Bank ATM. No debit card needed. Padala Centers like
M Lhuillier, Palawan Pawnshop, and LBCBanks such as UnionBank, Security Bank, and 30+ other banks.
As of now Coins.ph support Crypto Currencies such as BTC, ETH, BCH, and XRP.

so these are the things we can do in our country with our Crypto Currencies, what about you? what can you do with your Cryptocurrencies in your country?

Source:
https://coins.ph
https://en.wikipedia.org/wiki/Coins.ph

It will be really convenient for every crypto users in Philippines to use this bitcoin wallet because they don't need to fall in long lines just to paybills and buy the things that they need by just using their bitcoin. I think it will be much better if every countries in the world would apply this kind of bitcoin wallet for us to be conveniently use all of our bitcoin to pay all of our expenses.

ameliana

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Quote from: ?? on ??

I think there is only one third who actually uses bitcoin and other crypto currencies for whatever purpose they like. But if bitcoin is increasingly known to many people, this ratio will definitely increase in favor of bitcoin.

in my country the use of Bitcoin is only an investment tool because the government still prohibits transacting using Bitcoin but not if it only has it.
so in my country the use of Bitcoin is still very small but I hope that if my country's government immediately legalizes the use of Bitcoin as a transaction tool.

Ray55

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I think 60-70% of the people still do not know well what exactly is the key to Cryptocurrency. So standing there, I think your thoughts are a bit more. I think that in 2014, as far as your country has improved, hopefully, in 2019, it has been better than that of Cryptocurrency, I do not think there are other countries in the world who have been able to do so much in 2019 as much as in your country Philippines 2014. Did it

Sithara007

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Leading Crypto Sports Betting & Casino Platform

You are lucky that Philippines is not very hostile to the idea of crypto-currencies. I don't agree with Rodrigo Duterte on many of his policies, but I heard that he is the most popular president in the world after Vladimir Putin. So he must be doing most of the things correctly. Here in India, Bitcoin users are facing all sort of harassment and it is not easy to spend the coins. The politicians are very hostile to BTC and the other cryptocurrencies. And the situation is unlikely to change anytime soon.

worle1bm

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It's good to see that countries like Philippines have realized the importance of cryptocurrencies and they are used as payment for daily work.Moreover there are many investors who use crypto wallets to make payments as it is crypto freindly nation but still its not accepted at global level due to many reasons like price volatility,decentralized approach and others.But soon we will see crypto dominance globally.

ghost424

full member

Activity: 630

Merit: 103

Quote from: yazher on May 01, 2019, 11:20:19 AM

Since the rise of the cryptocurrencies, there are so many countries adopting it so quickly and one of them is my country (The Philippines).
in early 2014 one of the first online Wallet was created and that was Coins.ph, according to Wikipedia Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. this wallet helps us a lot for using bitcoins in many ways. today I want to show you the use of Crypto Currencies in our country with the help of this Online Wallet.

1. Paying Bills with BTC

image loading...

With the help of Coins.ph It only takes a few seconds to pay your bills in our country, Select the bill type you want to pay. You can use Coins.ph to pay your utilities (electricity and water), government services, broadband, telco, cable, credit card, and tuition fees.

2. Buying Load or (Phone Credit) with BTC

image loading...

In our country, you can also buy a load with BTC off course with the help of Coins.ph. and wait, it has a 10% rebate too if you buy 100 php worth of load you get 10 php rebate. that was cool right?

3. Buying Game Credits with BTC

image loading...

Coins.ph is the only game credit outlet in the Philippines that charges zero fees. You’ll always get the exact amount you pay for! This one really helps me a lot cause I don't need to go on Town Just to buy a Steam Wallet Code, All I need to do was load my wallet and Boom! my Steam Account is loaded with credits.

4. Cash out at Thousands of Locations

image loading...

We can also cash out our Crypto Currencies through these options: eGiveCash at Security Bank ATM. No debit card needed. Padala Centers like
M Lhuillier, Palawan Pawnshop, and LBCBanks such as UnionBank, Security Bank, and 30+ other banks.
As of now Coins.ph support Crypto Currencies such as BTC, ETH, BCH, and XRP.

so these are the things we can do in our country with our Crypto Currencies, what about you? what can you do with your Cryptocurrencies in your country?

Source:
https://coins.ph
https://en.wikipedia.org/wiki/Coins.ph

This is really helpful in the Philippines because there are some times that converting Cryptocurrency into cash is hard but directly using them once you withdraw them is really good. They are also adding other Cryptocurrencies and not just Bitcoin. Future development of the application is anticipated by many users.

xWolfx

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Donating 10% to charity

This are pretty cool success stories that i think are worth sharing. Why? Because it helps us to be aware of the advances being made in the industry and that it is not staying still and in the future it could definitely shine more.

Hope is a really powerful force. Sometimes we don't see how important it is until we are in a point inside our lives that it is more valuable than gold.

ljane

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This is a great news in your country and I'm really happy for you. We all waiting for the governments in this world to accept it's payment and use in our services and I think it will happen in no time. Let's hope for the best in the near future.

superscommessebitcoin

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It's great that your country has such a use of bitcoin. In my country, unfortunately, the use of bitcoin is very limited. Here it is illegal and this news is very upsetting to me.

Spider A4

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Quote from: yazher on May 05, 2019, 08:23:51 PM

Quote from: aliceHortrex on May 05, 2019, 02:12:01 PM

Unfortunately, in my country, Bitcoin and cryptocurrency are not yet used. But I still hope that it will be very soon. Seeing the fact that so many users in our country are engaged in trade.

If the government of your country sees the positive effect of the cryptocurrency they will let some big crypto company build up some business their. unfortunately, most of the countries in the world follow the footsteps of chinese government instead of supporting crypto they let it go to waste and banned it in their own country.

All of those crypto banned countries behind mainly it's prohibited for government rules. So that you can never finger cross against constitution of your country. But if government wanna crypto adoption than it will be good news for you. I don't know when my government will be realize about crypto.

xWolfx

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In my country this has become an easy way to obtain products and services, due to the bestial devaluation of the currency there is no easier way to secure your money than by transferring it to crypto currencies, no matter how volatile the crypto currencies seemed to be, it is much safer than the national currency and this has the facility that thanks to the large market that has you can exchange it to almost any currency without mentioning how easy it is to get a wallet.

Pamadar

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Quote from: elisabetheva on May 11, 2019, 08:35:04 PM

Be happy that you can enjoy the facilities available to be able to carry out crypto transactions, because crypto is not fully recognized in my country, because to be used as a legitimate transaction, until now it has not been allowed. maybe still looking for the right rules so that the state is not blamed later.

There's places like yours where government still doubting this system, they wanted to make sure that everything will be controlled under their laws
making things complicated as the intentions of being decentralized will be at stake, you can only enjoy those online services available which not been
facilitated by your government while waiting for the final decision whether to legalized or not from your place.

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: Fu2013 on May 11, 2019, 12:56:18 PM

I agree with you, and this is what I'm waiting for,
The use of cryptocurrency in Southeast Asia, especially the Philippines has never happened before even though bitcoin has not been legalized. In our country I have not met people who use Bitcoin for purposes other than trade and investment.

So you should wait for a time, when in your country people use bitcoin and hopefully it will be happened within few years. Actually, in 2015 in my country, i also have not seen a single man who used bitcoin, but now i see most of people have investment on bitcoin. So time has a power to chance everything.

juki97

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bitcoin ranking position is frist in opinion. in the circumstance, bitcoin ajenchi necessity in our country. cryptocurrency market up down any time. I am proud to be member of bitcoin. I hope that cryptocurrency should be successful in the year.

hen cet

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Quote from: elisabetheva on May 11, 2019, 08:35:04 PM

Be happy that you can enjoy the facilities available to be able to carry out crypto transactions, because crypto is not fully recognized in my country, because to be used as a legitimate transaction, until now it has not been allowed. maybe still looking for the right rules so that the state is not blamed later.

Blessed are you who live in a country that has legalized cryptocurrency, because it can make transactions without breaking the law. Payment using crypto money is considered the same as other payments.
In my country, I cannot use crypto money to make payment transactions, because it is prohibited. But for investment it is not prohibited, just be warned to be careful because crypto money is very volatile.

Topic: The use of Crypto currencies in our country. - page 3. (Read 1429 times)