Gcash Wallet to Possibly Feature BitcoinCash: The Leading E-Wallet in the Philippines

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Avatar for Crypto.Maniac
1 year ago
Topics: Gcash, Bitcoincash, BCH

Bitcoin Cash (BCH) is one of the top popular cryptocurrencies that will possibly be listed on a popular E-Wallet in the Philippines called "Gcash". This will be significant for BCH investors and traders, especially the whole BCH community in the country as it means that they will now have access to a new platform for buying, selling, and trading BCH. The listing of BCH on the new exchange is likely to increase the liquidity and trading volume of the cryptocurrency, which could have a positive impact on its price. It is also an indication that the new platform is committed to supporting a wide range of digital assets, and is a sign of the growing popularity and acceptance of BCH as a legitimate form of money.

What is Gcash E-Wallet? Why They Possibly List BitcoinCash and Why This is Important for BitcoinCash Community in the Philippines?

Gcash Wallet is a mobile wallet app that allows users to store, send, and receive money on their smartphones. It is a convenient and secure way to manage your finances, and is especially useful for those who do not have a traditional bank account.

One of the key features of the Gcash Wallet is its ability to link with a user's Gcash account. This allows users to easily transfer funds between their Gcash account and their Gcash Wallet, making it easy to access and use their money. The app also allows users to pay for goods and services at merchants that accept Gcash, as well as send and receive money from other Gcash Wallet users.

In addition to its basic money management features, the Gcash Wallet also offers a range of other useful tools and services. For example, users can use the app to pay bills, buy load for their mobile phones, and even invest in mutual funds. The app also has a built-in QR code scanner, making it easy to pay for goods and services at participating merchants.

One of the key advantages of the Gcash Wallet is its security. The app uses advanced encryption technology to protect user information and transactions, and offers a range of security features to keep users' money safe. For example, the app allows users to set up a PIN or biometric authentication to access their account, and also offers the option to enable notifications for transactions.

Gcash Wallet is a useful and convenient tool for managing money on the go. Its wide range of features and services, along with its security and ease of use, make it a popular choice among users in the Philippines and beyond.

GCrypto: Buy and Sell Cryptocurrency using Gcash E-Wallet -Coming Very Soon!

Early this year, Gcash announced that they're going to move on to the crypto space by offering a fast buying and selling of cryptocurrency in the Philippines.Niel Trinidad, the Vice President of Gcash previously teased during the Philippine Web3 festival that the company was still working on its cryptocurrency products, which were set to be "available soon." This was more than a year after they had announced plans to offer cryptocurrency and crypto trading to their users. A month later, GCash added a "Gcrypto" cryptocurrency icon indicating that the feature was still "coming soon."

November 2022 last month, the Gcash Vice President and the CEO of PDAX announced that they are going to be partnered by integrating PDAX to the Gcash Wallet for the Web3 and cryptocurrency services.

Anyway, What is PDAX?

PDAX is a digital asset exchange platform based in the Philippines. It allows users to buy, sell, and trade a range of cryptocurrencies, including BitcoinCash,BTC, Ethereum, and others. The platform offers a user-friendly interface, competitive fees, and a range of tools and services to help users manage their digital assets. PDAX is licensed and regulated by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, and is committed to providing a secure and compliant platform for trading digital assets.

In that case, the chance for the BitcoinCash to be listed on the popular Wallet in the Philippines is on 100% probability. That is due to the fact that, PDAX listed all the world top cryptocurrencies like Bitcoin (BTC), XRP (Ripple) Ethereum and ofcourse BitcoinCash. The partnership of Gcash to PDAX will lead for BitcoinCash to include in the available coins in the Gcash E-Wallet very soon.

In that case, buying BitcoinCash in the Philippines is too way easier than before. Due to the fact that, Gcash E-Wallet is now widely accepted as form of payment in almost all merchants in the country. Apart from it, cashing in and out is much easier without going to the remittances for those services.

In other words, Filipinos can now buy BitcoinCash a lot easier using Gcash E-Wallet.

Source & References:

GCash Teases GCrypto, Partnerships with Local Web3 Projects

GCash Partners with PDAX for GCrypto Trading

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$ 2.83 from @TheRandomRewarder
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+ 2
Avatar for Crypto.Maniac
1 year ago
Topics: Gcash, Bitcoincash, BCH

Comments

that's really great news!!1

$ 0.00
1 year ago

Yess, this is a good news to everyone, BCH will become popular and well-known if BCH will be listed on Gcrypto the next one is it's gonna be advantageous to me since I have no valid IDs to verify on my coinsph, using gcrpyto I can now easily access my portfolio since my Gcash is verified.

$ 0.00
1 year ago

That's great. Gcash is much easier thou when it comes to verification. Buying BitcoinCash is a lot easier now.

$ 0.00
1 year ago

Wow! This will surely boost the communities and the coins, BCH lovers will enjoy the Gcash app indeed. Plus we can invest from it to international stocks. What wonders me is that it is supported of our Bangko Sentral. Hm....

$ 0.00
1 year ago

Bangko Sentral is against cryptocurrencies. However, Gcash and PDAX are regulated by Bangko Sentral and I guess, BSP will allow it since the two is centralised kind of financial company which means, everything is traceable.

$ 0.00
1 year ago

Cool, there will be many paradigms of coins soon, may they thrive in whatever projects each team aim.

$ 0.00
1 year ago