Author Topic: Guys, have you used BitCoin? How do you use it?  (Read 68 times)

0 Members and 1 Guest are viewing this topic.

Ken312

  • Full Member
  • ***
  • Posts: 165
  • Karma: +0/-0
    • View Profile
Guys, have you used BitCoin? How do you use it?
« on: December 05, 2017, 01:41:55 PM »
Guys, have you used BitCoin? How do you use it?

PesoRepublic.com | Your smart guide to money matters and entrepreneurship.

Guys, have you used BitCoin? How do you use it?
« on: December 05, 2017, 01:41:55 PM »

Mountain View

ZuvelCompany

  • Sr. Member
  • ****
  • Posts: 254
  • Karma: +0/-0
    • View Profile
Re: Guys, have you used BitCoin? How do you use it?
« Reply #1 on: December 05, 2017, 01:47:06 PM »
Guys, have you used BitCoin? How do you use it?

lagi ko etong naririnig ano nga ba eto?

CorporateCorps

  • Full Member
  • ***
  • Posts: 147
  • Karma: +0/-0
    • View Profile
Re: Guys, have you used BitCoin? How do you use it?
« Reply #2 on: December 05, 2017, 01:47:34 PM »
usong uso nga eto... paano ba eto gamitin?

AdGeek

  • Hero Member
  • *****
  • Posts: 663
  • Karma: +1/-0
    • View Profile
Re: Guys, have you used BitCoin? How do you use it?
« Reply #3 on: December 05, 2017, 01:50:06 PM »
How do I Buy Bitcoin in the Philippines
Bitcoin is an electronic money or virtual money. Popular platform is the coins.ph they were accredited by the Central Bank of the Philippines. If you want to get into this with me, download the Coins.ph app, sign-up for an account, and use my referral code so you get Php50 in your wallet after you get validated.

Once you have setup your account, There are several options to “load” your Coins.ph wallet with pesos so that you can convert it to Bitcoin. You just tap the “Cash In” option on the app and then pick which way you want to load it up. You input the amount and then you’ll get instructions how to do it. For 7-11 it’s straightforward. The app will give you a bar code and you jsut have to go to 7-11, show the bar code, and pay. It instantly appears on your Coins.ph wallet.

Here are the current available options on the app:

7-11
Cebuana Lhuillier
M Lhuillier
UnionBank
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)



If you want no fees, you can go with UnionBank. If you want convenience, you can go with 7-11 but they have a modest fee that you pay for. I’ve tried using 7-11 and Online Bank Transfer via BPI and DragonPay. Both worked.

After loading with pesos, convert them to Bitcoin. The Coins.ph app will show the Peso Value of the Bitcoin almost in real time.

Is There a Minimum to Buy Bitcoin via Coins.ph?
No but I suggest you guys load at least Php500 to see how it works so you can appreciate how it works and learn as much as you can from it.

Did I Make Money on Bitcoin?
I bought Bitcoin when it was in the 1 BC = $7,000 USD. It’s now nearing 1 BC = $10,000 USD.

How do I Withdraw my Bitcoin into Cash?
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.

Do We Recommend Buying Bitcoin?
Yes, but only an amount that you can consider lost. Think of it as tuition fee to learn what you can about it. Don’t throw in all your savings in it. Just put in an amount you can consider lost, learn what you can, and then put in more only when you’re comfortable with it. Always remember that there are risks involved.
« Last Edit: December 05, 2017, 01:54:02 PM by AdGeek »

NeoGemini

  • Sr. Member
  • ****
  • Posts: 267
  • Karma: +0/-0
    • View Profile
Re: Guys, have you used BitCoin? How do you use it?
« Reply #4 on: December 05, 2017, 01:54:41 PM »
may referral din pala ang bitcoin sign up. makapag sign up nga rin hehehe.

PesoRepublic.com | Your smart guide to money matters and entrepreneurship.

Re: Guys, have you used BitCoin? How do you use it?
« Reply #4 on: December 05, 2017, 01:54:41 PM »

 

Related Topics

  Subject / Started by Replies Views Last post
2
326
Last post November 16, 2016, 08:45:23 PM
by IntraLover
1
249
Last post April 17, 2017, 02:14:04 PM
by DonaldTrumpPH

Posting Disclaimer: Any individual may post a message in this forum and may do so anonymously. Therefore, the sole author is exclusively and entirely responsible for all opinions in that message. They do not represent the official opinions of PesoRepublic , its administrators or moderators or the PesoRepublic Management. PesoRepublic is merely acting as an impartial conduit for constitutionally protected free speech and is not responsible and will not be held liable for the content of such messages. Community & Groups - Top Blogs Philippines