Topic: The use of Crypto currencies in our country. - page 7. (Read 1360 times)
All hail coins.ph. i love how its developer make it easier for us filipinos how to use cryptocurrency as many uses as possible. Its also have the blessings of central bank and can be easily deposited through your pesonal bank account. I know some non crypto users uses this app just to have a discounted bills and later on get curioused on bitcoin then start investing. Good job coins.ph.
Though we can see the growth of crypto currencies in our country, we're still behind to other countries. Other countries started using crypto such as bitcoin in buying house and cars, in our country, Philippines, we can only use it to buy loads and game credits. The reason is there are still many people in our country who are afraid to use btc as mode payment. Some doesn;t even know that bitcoin exist lol.
We are close to that cause central bank of the Philippines has approved 10 more major exchanges to be launched in our country. and some more 25 cryptocurrency licenses will be issued you can see that here: https://www.unblock.news/news/24-companies-now-have-ceza-cryptocurrency-licenses
with the bull run will come soon as we can see on the market. we will see much more good news regarding payment with btc.
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
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
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
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
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
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
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
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
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
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
Wow nice to heard and thanks for the information that the sign bitcoin is very useful currency that they use for mode of payment via local wallet. In the photos you share and guide how to get benefits using online payment is very interesting to encourage people to use local bitcoin online without hassle.
I think this is something we should all do well to adopt. It'll help to make the widespread of Bitcoin usage a dream come true. Currently in my country, I have seen no use case for my cryptos and so I either hold or trade and sometimes cash out. I don't know if this app works for every country. It'd be really awesome.
Though we can see the growth of crypto currencies in our country, we're still behind to other countries. Other countries started using crypto such as bitcoin in buying house and cars, in our country, Philippines, we can only use it to buy loads and game credits. The reason is there are still many people in our country who are afraid to use btc as mode payment. Some doesn;t even know that bitcoin exist lol.
Lately, I have heard house and lot selling and also they accepting bitcoin. I think that will happen time by time because people will trust that bitcoin and Coins.ph wallet will majority used in the Philippines where I currently residing at. You can trust this wallet because for 4 years I have been using this since I have known crypto I didn't hear any major complaints just like a scam or losing their fiat. 
Though we can see the growth of crypto currencies in our country, we're still behind to other countries. Other countries started using crypto such as bitcoin in buying house and cars, in our country, Philippines, we can only use it to buy loads and game credits. The reason is there are still many people in our country who are afraid to use btc as mode payment. Some doesn;t even know that bitcoin exist lol.
I honestly don't see bitcoin being widely widely used(besides on countries that's overtaking economic crises) unless bitcoin becomes stable enough and unless wallets becomes too easy-to-use enough. It's going to take more years in my opinion.
I think mobile wallets are already somehow easy to use for a millennial (about 30-40 y) . The biggest problem I see is the lack of interest, as many people still see BTC as a get rich scheme
When traveling abroad BTC can be of great use, and also for remittance.
Paying Bills with BTC or using Bitcoin to pay bills at Hotel is actually a new start crypto era where to the tradition currency we are accepting crypto as a sustainable alternative.
I know that app, that's coins.ph I have that installed in my phone and use it to exchange BTC to fiat in case I need emergency funds. But, I don't use their portal to pay for bills because they have a disclaimer that they accept bills payment only for those that are days aways from due date. So better use another portal to pay for bills.
You can use the app to pay bills when you are not home mostly on vacation or any other event. I find it very easy to buy steam wallet codes and any other game credits, but to pay bills I only saw nice feedback from other users. we are lucky we have this kind of Exchanges in our country.
I know that app, that's coins.ph I have that installed in my phone and use it to exchange BTC to fiat in case I need emergency funds. But, I don't use their portal to pay for bills because they have a disclaimer that they accept bills payment only for those that are days aways from due date. So better use another portal to pay for bills.
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
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
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
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
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
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
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
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
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
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 is good to have such uses of btc in a developing country like the Philippines
In my country there is none of it yet, only interpersonal transactions between individuals.
The bank itself doing cryptocurrency transactions? I don't think so. If there was, even though the Philippines is just a third world country, chances are, it would be all over the news. Do you have a source?
There aren't any banks using crypto currency transactions. It firstly isn't appropriate to do for financial institutions due to the instability and the lack of legal classification. Secondly, the transactions are irreversible.Financial institutions always need the security of having the option to reverse transactions, which is also the main reason some financial institutions are looking into the development of private blockchains they completely control.
In my country the issue of the adoption of cryptocurrencies in the real economy is very slow, although it is undeniable that every day there are more options to buy bitcoins or spend what we already have, but in general terms the vast majority of the population is still too indifferent to this issue, so the matter of bitcoin seems to be restricted to a very small sector of the population, especially young people whose careers related to computational issues have led them to get involved in the crypto-universe. Outside of them, there are not too many agents operating in the crypto market.
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
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
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
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
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
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
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
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
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
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 is good to have such uses of btc in a developing country like the Philippines
In my country there is none of it yet, only interpersonal transactions between individuals.
Bad for us! my country almost ban cryptocurrency!
The sole use of cryptocurrencies at least in many countries = exchanging with fiat money on the exchanges. Then you do whatever with your fiat money, I know that's really bad.
4. Cash out at Thousands of Locations
But we need to be real heere that when you are cashing out bitcoin it will take more time than cashing peso from your peso wallet. So, the best thing to do is to convert it.
Personally, we haven't legalize cryptocurrency in our country but free to earn it, free to exchange it and free to cash-out in local Banks, without the banks harassing the person. Although many individuals have involved themselves in the industry secretly with the fear of the unknown, have some centers where i do train investors part-time.
I've read that there are several banks already accepting cryptocurrency transactions whether it's for payment, buying, selling or investing in general.
The bank itself doing cryptocurrency transactions? I don't think so. If there was, even though the Philippines is just a third world country, chances are, it would be all over the news. Do you have a source?
The government of my country are playing the masses pretending they know nothing about the potential of the bitcoin. This way they do come out to announce that it's a kind of Pyramid scheme, whereas some of the banks in my country are secretly trading bitcoin, but fear that they might be hedged out the business by the bitcoin innovation. Some young guys in my country see bitcoin as a better medium of value storage and a way to avoid excesses charges by the bank when doing inter-border fund transaction.
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