UNIONBANK WILL OFFER CRYPTO EXHANGE SOON? - page 3.

Johnyz

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Quote from: Jemzx00 on October 07, 2022, 02:39:34 PM

Most likely, parang magiging ganto yung itsura nung trading nila lalo't in progress pa rin ito at for invite-only lang yung may access dito.

Mas ok yung ganitong option, like coinsph very effective and useful. Kase kung exchanges, marami na talaga ang kakumpetensya and since more on digital app si Unionbank, sa tingin ko sa apps den sila magfofocus. Magandang balita ito, that they are complying with the regulations of BSP, sana mas marame pang local bank ang gumawa nito para magkaroon tayo ng maraming option.

Jemzx00

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Quote from: Scripture on October 06, 2022, 05:11:40 PM

Ano sa tingin nyo? Since unionbank is very crypto friendly, magkakaroon kaya sila ng sariling crypto exchange or they will just improve their mobile apps to enable the buy and sell option for cryptocurrency?

Kung magkakaroon ng official exchange platform ang UnionBank katulad ng ibang exchange website na nakikita natin maliban sa buy and sell ng crypto na gagawin nila sa kanilang application, Para sakin sobrang good news nito lalo't financial institution yung mag-start ng exchange platform.

Pero, I doubt na exchange platform yung gagawin nila. Parang more on trading or buy and sell na katulad nung pinost kong thread [ur=https://bitcointalk.org/index.php?topic=5411301.msg60826040#msg60826040]"Unang Banko sa Pilipinas na nag-ooffer ng Mobile Cryptocurrency Trading!"[/url].

Most likely, parang magiging ganto yung itsura nung trading nila lalo't in progress pa rin ito at for invite-only lang yung may access dito.

Beparanf

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Kung lahat lang sama ng pinoy ay gagamit nito, Magiging maganda ang Unionbank crypto exchange pero base sa nakikita na mga Philippines exchange like coinspro, pdax and so on. Konti lng din tlaga ang gumagamit dahil nga mas preferred ng karamihan yung mga well known exchange kagaya ng Binance dahil sa dami ng cryptocurrency na kaya nilang ma offer unlike Unionbank na sureball limited lang since hindi sila magtatake risk na maglist ng very volatile asset. Sa huli babalik din lahat sa mga well known crypto exchange unless magbibigay sila ng promotion na magsstay tlga mga traders.

Good news ito kung matatapatan ng Unionbank ang binance since nagaapply na din ng license ang binance para sa VASP for binance ph.

budz0425

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para sa akin, magandang simula ito kung makakaraon ng sariling exchange ang UB since isa ako sa user nito. malamang kung magkakaraon ng sariling exchange ito din ang gagamitin ako instead gumamit pa ng ibang exchange tapos P2P at maari ito maging simula ng adoption, malay natin once magkaroon na ng sariling exchange ang UB. gumaya na din ang ibang banko dba. well let's see in a few years.

agustina2

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Quote from: Scripture on October 06, 2022, 05:11:40 PM

Ano sa tingin nyo? Since unionbank is very crypto friendly, magkakaroon kaya sila ng sariling crypto exchange or they will just improve their mobile apps to enable the buy and sell option for cryptocurrency?

Gaya ng sinabi mo, kilala na talaga ang Unionbank sa pagiging crypto-friendly.

Puwede nating i-assume na yes puwede silang magkaroon ng crypto-exchange pero sa ngayon, malabo pa.

Who knows in the future kasi dati pa talagang kilala na si Unionbank as top bank sa Pilipinas na love ang pagiging crypto enthusiast.

samcrypto

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Napaka advance talaga ng Unionbank when it comes to digital adoption, they are the first local bank to support cryptocurrency and blockchain technology while other banks are still lagging with their online banking. Magandang balita ito, though wala pa talagang announcement si Unionbank if they are planning to operate their own crypto exchange.

For me, mas ok iimprove nalang nila yung online wallet nila parang coinsph kase kapag gumawa pa sila ng sariling crypto exchange mukang mahihirapan sila with regards to competition, especially with Binance also planning to fully enter Philippine market.

serjent05

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Quote from: Scripture on October 06, 2022, 05:11:40 PM

To offer a direct crypto trading, they need to acquire first VASP license from BSP and with this recent news,
UNIONBANK gets a limited VASP license which can allow them to do this.

Ano sa tingin nyo? Since unionbank is very crypto friendly, magkakaroon kaya sila ng sariling crypto exchange or they will just improve their mobile apps to enable the buy and sell option for cryptocurrency?

It would be a good addition to the reputable exchange na pwede nating gamitin. Hindi na rin naman kasi bago sa atin ang pagsubmit ng KYC sa mga exchanges na sumusunod sa kalakaran ng gobyerno. Kaya it doesn hurt to use Union bank exchange if ever na maimplement nila ito. Besides siguro naman hiwalay ang managment nito sa Banking system nila.

Quote from: Scripture on October 06, 2022, 05:11:40 PM

Mukang gumaganda na talaga ang adoption ng cryptocurrency dito sa bansa naten,
magandang opportunity to take advantage of this especially nasa bear market pa tayo.

Oo nga, isa ito sa mga signs na ang Pilipinas ay towards a crypto adoption hindi crypto ban. Masaya akong nakikita ang positive reaction ng ilan sa mga financial institution natin dito sa Pinas.

Scripture

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To offer a direct crypto trading, they need to acquire first VASP license from BSP and with this recent news,
UNIONBANK gets a limited VASP license which can allow them to do this.

Ano sa tingin nyo? Since unionbank is very crypto friendly, magkakaroon kaya sila ng sariling crypto exchange or they will just improve their mobile apps to enable the buy and sell option for cryptocurrency?

Mukang gumaganda na talaga ang adoption ng cryptocurrency dito sa bansa naten,
magandang opportunity to take advantage of this especially nasa bear market pa tayo.

source: https://bitpinas.com/regulation/exclusive-bsp-unionbank-limited-vasp-crypto-exchange-license/

Topic: UNIONBANK WILL OFFER CRYPTO EXHANGE SOON? - page 3. (Read 449 times)