Professional Documents
Culture Documents
2017:
Coins.ph
To buy bitcoin- “Cash In” option on the app and then pick which way you want to load it up. Here
are the current available options on the app:
7-11-most convenient
Cebuana Lhuillier
M Lhuillier
UnionBank- No fees
Gcash
Online Bank Transfer (BPI, Security Bank, UnionBank)
Over the Counter Bank (Chinabank, UnionBank, BPI)
Remittance Center (Bayad Center, Cebuna Lhullier, LBC Bills Xpress, M Lhuillier E Pay)
Malls (Robinson’s and SM Business Centers via DragonPay)
After loading with pesos, convert them to Bitcoin. The Coins.ph app will show the Peso Value of the
Bitcoin almost in real time.
Just tap the Cash Out option and you can “withdraw” cash via Cebuana Lhuillier, Security Bank,
GCash, Banks, and Cash Cards. There’s also an option for Cash Pickup via Remittance Centers and
even Door-to-Door Delivery.
3. Customer completes the transaction and you get an SMS confirming payment. Funds appear in
your Coins wallet instantly.
Buybitcoin.ph
The oldest Bitcoin platform and exchange in the Philippines, over three years
Its simplicity and minimalistic user interface has enabled the company to keep a loyal
userbase for over three years.
For buyers
over-the-counter deposit to be submitted on the day of the order. Once the payment is made,
Buybitcoin.ph sends the payment in a few hours. Again, the beauty of this platform is that all
that it required from buyers is an email address and, of course, the Bitcoin address for the
payment.
For sellers
requires a bank account number and the holder’s name for the payment. Once the Bitcoin
payment is received by Buybitcoin.ph the payment is instantly sent to the bank account
Rebit.ph
Is a remittance and billing platform which consumers in the Philippines use to send both local
and international payments, and to also settle utility bills.
it acquired Bill Ninja, a Philippine Bitcoin startup which allows users to settle any kind of bill
in the Philippines using Bitcoin.
Users send Bitcoin payments to Rebit.ph and the platform sends cash to remittance
outlets or banks in its supported countries list. Currently, it supports Australia, Canada, China,
Germany, Hong Kong, India, Indonesia, Japan, Kuwait, Malaysia, the Philippines, Qatar,
Saudi Arabia, Taiwan, the Emirates, the UK, the US, and Vietnam. It takes around two to
four days to send a cash payment to these countries using Bitcoin, with very low costs.