Philippines Adoption of Bitcoin Cash

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Avatar for Great_Influence
4 years ago

Good Day Everyone! It's me again, @Great_Influence your Read.Cash Influencer for this day.

Philippines is leading in cryptocurrency adoption. Since the launched of cryptocurrency back in 2014, Philippines is trying to integrate crypto payment in our economy.

Coins.ph :

Coins.ph a leading cryptocurrency exchange in the Philippines offers different services from buying online, buying mobile load with 10% rebate paying bills and other different services.

Just recently, coins.ph celebrate a milestone in reaching 5 Million Filipinos using the said application.

Coins.ph currently offers cryptocurrency wallet like Bitcoin (BTC), Bitcoin Cash (BCH), Ripple (XRP) and Ethereum (ETH). You can also add another cryptocurrency wallet but you need to pay to create a new wallet. Those cryptocurrency wallet I have mentioned above are default so you don't need to pay for it as it was already created such wallet when you create your coins.ph cryptocurrency wallet.

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Fees, costs and transfer times[Credit: Finder.com]

The fees for putting cash in will be those charged by your payment service. You can use 7-Eleven, Cebuana, M Lhuillier or GCash for no fees, or UnionBank for a fee rebate.

Cash out fees will also depend on the payment provider. There are no cash out fees for banks in Metro Manila.

Cash in is instant if you use one of the above providers. Cash out is same-day if you use a remittance company before 10am, otherwise it’s next-day.

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How to Verify?

Coins.ph required you to verify your email and mobile number upon signing up. Basically after signing up you will be automatically starts at level 1 verification.

To get a higher level, make a verification request through the Coin.ph site and upload the required information.

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Safety, security and privacy

[Credit: finder.com]

For safety, Coins.ph lets you use two factor authentication. This is not required, but it is strongly recommended.

With it, you will receive a new code through Google authenticator when you need to log in. This adds an extra layer of security to your account.

Pros and cons of Coins.ph

Pros

  • Keeps and manages your money all in one place

  • Lets you quickly and easily buy, sell, send and receive bitcoin

  • Cash deposits and pickups available all around the Philippines

  • Don’t need a bank account to make electronic payments

  • Quick and easy to get started and use

Cons

  • You can’t shop around for the best price on bitcoin

  • Higher fees outside Metro Manila

Get started

Get started by downloading Coins.ph.

After that, you’ll need to provide and verify your phone number and email address.

If you want higher limits than those offered by level 1 verification you will also want to unlock a higher verification level.

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Change the Uptrend:

10% of adult Filipino are using crypto transaction online. But most Filipinos are not familiar with Bitcoin Cash. Most of them using Ethereum (ETH).

We can change that Uptrend by introducing Read.Cash to them use your social media influence to share the Bitcoin Cash offer by Read.Cash.

I have a small amount of Bitcoin Cash in my coins.ph BCH Wallet. I'm trying to hold this until the price will increase.

Let's spread the crypto particularly the Bitcoin Cash here in Philippines. Use your influence toward our financial freedom.

Thanks for Reading!

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4 years ago

Comments

It is good to hear that Philippines leads in adopting new innovation in payment method.

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4 years ago

Yeah Philippines is leading in adopting the cryptocurrency. Back in 2017 I already know about it but sadly I just ignore it but now I want too try cryptocurrency.

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4 years ago

I learned about cryptocurrency last year and discover Bitcoin Cash this yeae. I'm happy that I discover this cryptocurrency universe.

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4 years ago

Actually this is good, Philippines must adopt the possible next universal currency. Cryptocurrency is an emerging super currency in todays society.

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4 years ago

Since 2014 when cryptocurrency was launched, Philippines already adopted the crypto payment but mostly Filipinos uses the traditional payment method.

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4 years ago

Yeah Philippines is leading in adopting cryptocurrency. Business are trying to integrate crypto payment to their system.

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4 years ago

Hopefully it will increase in mass adopting the cryptocurrency payment in our country.

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4 years ago

Gradually Filipinos are aware in the inovative change that cryptocurrency will bring inprofits our society.

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4 years ago

Yes, there are 5% adult of the 10% of our total population that are using crypto transaction or payment nowadays.

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4 years ago

Hope ako din soon, mahirap kasi situation ko online class pero walang laptop haha

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4 years ago

Hi. Pede mo yang ipost sa subreddit nating mga Pinoy.. Eto ang link. https://www.reddit.com/r/BitcoinCashPH/

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4 years ago

Unfortunately, I don't have reddit account.

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4 years ago

You easily make one po. Pede po sa website lang kahit wala app..

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4 years ago

Can we earn there like read cash?

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4 years ago

No. But you can help build BCH in the Philippines by sharing it there so more Pinoy or even not in the Philippines can know what it can do. If you wanted to share about BCH, it's a good site to promote, sure even your articles about bch too..

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4 years ago

Maybe not now. I'll focus in Read Cash muna.

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4 years ago

I mean lang po, parang FB lang sya.. pero for BitcoinCashPH lang po. You can ask and post valuable BCH info like this po doon. So kahit d naman po kau active, ok lang.. pero kung may Article kau about BCH, Pede nio po dun post. At mad madali po makikita nung ibang walang readcash db po?

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4 years ago

I will consider your suggestion. Ngayon balak kong e focus ang FB Page ko more about cryptocurrency. But I will try Reddit for sure.

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4 years ago

Sure. That will be encouraging too.. Tha k you

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4 years ago

can use other county people's?

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4 years ago

I am very interested in cryptocruncy I have all cryptocruncy wallets and it's amazing artic

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4 years ago

I am very interested in cryptocruncy I have all cryptocruncy wallets and it's amazing artic

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4 years ago

With your thoughts and capabilities. That filth is accumulated in society and politics. By clearing it, one is taking it to a new horizon. Thanks. I hope the brand new technology will follow the path you have proven. A stunning society will deliver gifts and become a clean baby-kisser and win the hearts of the common humans.

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4 years ago

Good to write in you article

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4 years ago

With your thoughts and talents. That filth is accumulated in society and politics. By clearing it, one is taking it to a new horizon. Thanks. I hope the new generation will follow the path you have shown. A beautiful society will give gifts and become a clean politician and win the hearts of the common people.

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4 years ago

This a coin I have used but it's very difficult to use but it is very low demad in future

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4 years ago

Amazing fabulous fantastic please subscribe me I have submitted a successful subscribe to your account your are so cute I will help you in future please don't unsubscribe

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4 years ago

I only used coins.ph as my final wallet :-( its convenient to withdraw money thru gcash so I used coins.ph as my final wallet I keep my bch mostly in my trade microwallet such as payeer, coinbase and bybit, to do a trade to make more grow my crypto assets hold there is also blockFi which can be use as investing crypto

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4 years ago

That's good you have secondary crypto wallet.I have only one cryptocurrency wallet coins.ph , which is my primary crypto wallet as of now.

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4 years ago

try the coinbase its offer alot. and most of free faucet rounding up on it. if you want to trade you can use it coinbase pro to buy and sell

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4 years ago

Wow. I didn't know there are already 5m users of Coins.ph. This is good for the adaptation of cryptocurrency in our country. However, if we look into the numbers, this is only 2-5% of the total population in the Philippines. I hope it will be introduced also to the people who are living in rural areas especially the people who are living in poverty. This might help them in the future.

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4 years ago

Yeah it only constitute a small fraction or percent in our population. But I think it's more greater than people who have bank accounts to access financial services.

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4 years ago

Well, that's true tho. Unlike in banks where a minimum maintaining balance is required, you can save money in coins without worrying for penalties and service charge.

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4 years ago

Why did you hide yor balance huh?😂 Oh yes there's a lot more to do with coinsph. Online game credit is one my favorite and selling load two. I'm also holding my crypto but not in Coinsph.

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4 years ago

Para isiping meron. pero wala naman talagang laman. Hahahah. Sana magkaroon din sila ng offline pag bili ng load gaya ni Gcash.

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4 years ago

Kaya nga eh sana para naman mas okay yung discount pag walang load.😂

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4 years ago

Pansin ko ngayon kalang active ulit. 😂

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4 years ago

Nasa ibang pagka perahan na ako.hehehe

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4 years ago

You can actually buy load even with just free data. You can connect your coins.ph account to their official messenger bot. That is where I buy load whenever I ran out of data or connection.

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4 years ago

Yong coins.ph na may ✅ or coins.ph care✅

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4 years ago

Coins.ph with a check.

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4 years ago

Salamat ulit.😂

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4 years ago

Gumana ba? Hindi ba scam? Charot. Haha

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4 years ago

baka manakaw balance ko dito huh. Sure ka dito? Hahaha

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4 years ago

That's their official messenger bot. So it is legit. Kung hindi ka nagdududa sa app, bakit ka magdududa jan? Hahaha

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4 years ago

Na log in ko na. Hahaha

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4 years ago

Sige. Good luck. Hahahaha

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4 years ago

Grabeh ka ha. Tinatakot moko. Hahaha

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4 years ago

Wow. Ngayon ko lang nalaman to. Try ko. Salamat.

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4 years ago

Before, I had no idea to cryptocurrency and someone introduced the idea with me. Now, I'm starting to love it. It's like maye you have no money cash in hand, but d*mn, check my crypto wallet y'all. 😂😂😂

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4 years ago

I'm new to cryptocurrency too. Our world is going digital, we have to adopt the trend or else we will be left behind.

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4 years ago

You absolutely hit the point!

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4 years ago

I really need help understanding cryptocurrency especially I'm using it every day. I really have a poor understanding of it.

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4 years ago

To understand cryptocurrency, I watched videos on YouTube about it and do some research.

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4 years ago

I hope in the future, ph transactions will accepts bch too. It will be more convenient for us and will help for bch adaptation.

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4 years ago

Yes, I'm hoping and expecting the same too. Hopefully more business will accept BCH ay payment.

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4 years ago

Looking forward to it. 😁

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4 years ago

Helpfull

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4 years ago