coins.ph Hates Underage Users

I'm sorry if my title was rude, but I'm sorry since that's just what I feel. I think it's kinda unfair for me being an underage, but I'm just thinking that everything happens for a reason. So without further introduction, let's get started.

Before I will start this rant, let me share to you about coins.ph for the sake of my international readers and newbies. Coins.ph is an app where you send payments on your bills like internet, use their four crypto wallets specifically the BCH, ETH, BCH and XRP, buy E-Load, or either purchasing online.

I was middle on the top of cloud nine when one typhoon ruins my mood, and he turned my pillow into a dark and destructing one. Well, one concerned citizen on our Telegram group chat just sent this piece of sheet.

As you can see, coins.ph updated that we can't transact our BCH starting from April 26 if we were not verified. We can still receive payments from their wallets, but we can't convert it to our PHP wallet or send it to another wallet (Anong silbi 'non?) if we were not yet verified.

I'm still pissed and problematic at the same time. Random noises were struggling through my mind. So it means that I can't now withdraw my earnings on BCH? How about my goals? They are just pathetic since that's the only way that I could do for me to earn money but they started to implement new policies.

Personally, I don't have yet a personal school ID since the pandemic and my mother didn't want to take a video at my Know Your Costumer process. However, she's kinda proud of my earnings and she always sitting beside me if it's time to count but she is too mean about my security.

Alright! I know that this update is for the sake of "SECURITY" but why the elements of the world were kinda bad on me. I know that this kind of sad update is for the sake of preventing scams of some gluttons and greedy for money but why do we also need to suffer at their rules since I don't have yet verified ID with an elder support? If you read this coins.ph, I hope you will check my account.

So instead of mocking and being problematic (sayang oras), I realized that I should shut up and set up my Plan B if how could I withdraw my money and let it grow. Here are those.

Use bitcoin.com instead. So instead of holding my BCH to coins.ph wallet, I decided to use bitcoin.com for long term and I'm planning to hold it for a lifetime. Hence, I could get more money if I could do that.

Cash-in money on 7-11. I can still continue my E-Load business if I will cash in at 7-11 store. I still have money that I could spend and I will continue it since I need to give my mother a 100 pesos every week to pay my bills.

Seek help at elders. If I seek help to others for me to withdraw some of my earnings, I think I already know her but I'm not doubting though. I think she's a trusted person but if I will withdraw some money at my account, I will only convert only 200 pesos to find me at savings. I'm not used to be a one day millionaire person though.

Withdraw some profits on Binance by means of Peer to Peer trading. I already knew a person which I can send my USDT then he will trade it using GCash. If you were curious, I have already withdrawn 3$ on my Binance account and I seek help on him then I got my GCash money. Sounds pretty cool right?

However, this technique have it's corresponding effects according to my analyzation. Here are those.

POSITIVE EFFECTS

I can grow more my BCH by the power of holding. Since I can't convert my earnings to PHP, I don't have choice but to hold it and wait for me to reach the right age. I'm already sixteen, turning seventeen at September and that's literally my weaknesses about earning money lol.

NEGATIVE EFFECTS

Hassle going back and forth. I think going on 7-11 back and forth is kinda hassle but if you will ask me on my plan if how could I cash-in, I will only deposit every time my mother will retrive and receive my modules.

The money that I can spend is only limited. I don't know if I can still do my "Reaching BCH goal is meant for rewarding" scheme in noise.cash and I hope I could find a way.

CONCLUSION

In conclusion, I could say that you must look at the bright side of the dark and use your struggles into great opportunity. Actually, I'm kinda sad for this update but this update is only meant for the security of their costumers. Hoping you a great day.