spondulix (OP)
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February 04, 2016, 03:19:20 AM
Last edit: February 04, 2016, 05:29:58 AM by spondulix |
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Hello fellow bitcoiners! We are excited to share that Wall of Coins , a peer-to-peer market, has recently opened its doors here in the Philippines. Wall of Coins is a platform that allows users to buy Bitcoin with cash or sell Bitcoin for cash in a peer-to-peer manner. We are also the first fully transparent market, and the first to store funds entirely in cold storage. You can check the recent updates and reviews here.
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155UE
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February 04, 2016, 03:54:05 AM |
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Hello fellow bitcoiners! We are excited to share that Wall of Coins , a peer-to-peer market, has recently opened its doors here in the Philippines. Wall of Coins is a platform that allows users to buy Bitcoin with cash or sell Bitcoin for cash in a peer-to-peer manner. We are also the first fully transparent market, and the first to store funds entirely in cold storage. rates are ridiculously very low, P15,800/BTC on your site while the leading exchange site here in the Philippines P17,600+ so 1,800 difference which is $20, im fairly sure no one here will try your site to sell bitcoins about your buy rate, is pretty low too so its kinda shady you are selling bitcoins in such low price |
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spondulix (OP)
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February 04, 2016, 04:04:12 AM |
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Hi! The rate you have seen in our homepage is technically the last order made by a buyer, not the buying rate. You will be able to see the rates from the ad of the seller once you make an order. Also, sellers have the choice to set the rates they want. You can set a specific price or choose a dynamic priced based on an existing exchange rate. Hello fellow bitcoiners! We are excited to share that Wall of Coins , a peer-to-peer market, has recently opened its doors here in the Philippines. Wall of Coins is a platform that allows users to buy Bitcoin with cash or sell Bitcoin for cash in a peer-to-peer manner. We are also the first fully transparent market, and the first to store funds entirely in cold storage. rates are ridiculously very low, P15,800/BTC on your site while the leading exchange site here in the Philippines P17,600+ so 1,800 difference which is $20, im fairly sure no one here will try your site to sell bitcoins about your buy rate, is pretty low too so its kinda shady you are selling bitcoins in such low price |
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155UE
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February 04, 2016, 04:07:48 AM |
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the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
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spondulix (OP)
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Activity: 7
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February 04, 2016, 04:15:20 AM |
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Again, the rate isn't 15,800 at all. The one you checked was the last order made. 20,000/btc?? There's none of that. Perhaps you're checking a different exchange, eh? the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
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BitTyro
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February 04, 2016, 04:26:02 AM |
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Again, the rate isn't 15,800 at all. The one you checked was the last order made. 20,000/btc?? There's none of that. Perhaps you're checking a different exchange, eh? the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
I can say that he is really looking at your site man. I did tried to put a buy order and then it connects me to some BPI account that has a sell order for Php 20,000/btc. |
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rgenito
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February 04, 2016, 04:34:25 AM |
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Again, the rate isn't 15,800 at all. The one you checked was the last order made. 20,000/btc?? There's none of that. Perhaps you're checking a different exchange, eh? the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
I can say that he is really looking at your site man. I did tried to put a buy order and then it connects me to some BPI account that has a sell order for Php 20,000/btc. How much PHP did you tell the system that you wanted to "spend"? Wall of Coins factors in any fee for buying -- and the more you spend, then naturally the fee is much lower. Give that a try. |
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BitTyro
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February 04, 2016, 04:42:44 AM |
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Again, the rate isn't 15,800 at all. The one you checked was the last order made. 20,000/btc?? There's none of that. Perhaps you're checking a different exchange, eh? the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
I can say that he is really looking at your site man. I did tried to put a buy order and then it connects me to some BPI account that has a sell order for Php 20,000/btc. How much PHP did you tell the system that you wanted to "spend"? Wall of Coins factors in any fee for buying -- and the more you spend, then naturally the fee is much lower. Give that a try. So, in a matter of an hour, from 20,000 Php down to 17,543 php for spending 1,000 php. I'm intrigue, does this mean that the sell order for 20,000 php has been executed? I mean, if I want to buy, of course I will go for the lowest selling price. It would be better if the buyer can choose the lowest price. My impression is that the site is the one connecting you to a seller (which is basically why is called p2p transaction) but naturally the buyer is always looking for the lowest price, right? Every peso counts man. |
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155UE
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February 04, 2016, 04:55:21 AM |
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looks like i understand now, so we should create an "order" for buy and sell and wait for someone who are willing to buy or sell on our set rates? thats kinda cool then. ill wait for more feedback before i try again your site  |
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rgenito
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February 04, 2016, 05:25:42 AM |
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Again, the rate isn't 15,800 at all. The one you checked was the last order made. 20,000/btc?? There's none of that. Perhaps you're checking a different exchange, eh? the display shows the buy rate of P15,800/BTC so i tried placing a buy order but in the page and it shows P20,000/BTC? why it shows different rates?
I can say that he is really looking at your site man. I did tried to put a buy order and then it connects me to some BPI account that has a sell order for Php 20,000/btc. How much PHP did you tell the system that you wanted to "spend"? Wall of Coins factors in any fee for buying -- and the more you spend, then naturally the fee is much lower. Give that a try. So, in a matter of an hour, from 20,000 Php down to 17,543 php for spending 1,000 php. I'm intrigue, does this mean that the sell order for 20,000 php has been executed? I mean, if I want to buy, of course I will go for the lowest selling price. It would be better if the buyer can choose the lowest price. My impression is that the site is the one connecting you to a seller (which is basically why is called p2p transaction) but naturally the buyer is always looking for the lowest price, right? Every peso counts man. Yaaaa you got the idea!  When you go to the site to buy bitcoin, the website shows you the lowest price because--of course--that's what you want!! Basically, it's a system that gives you what you want. |
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155UE
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February 04, 2016, 05:35:02 AM |
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thats the top 3 banks here in the Phillipines, maybe it is better if you can support this - Philippines National Bank - UnionBank of the Philippines - LandBank - Security Bank - ChinaBank |
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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February 04, 2016, 05:42:42 AM |
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Is this like localbitcoins? I took a quick look. Seems it has been around since last year, but only recently opened in the Philippines.
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Lutzow
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February 04, 2016, 06:04:47 AM |
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How long does it take for withdrawn funds get to you bank account? I checked the Common Questions page but it is not there.
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spondulix (OP)
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February 04, 2016, 06:09:49 AM |
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Is this like localbitcoins? I took a quick look. Seems it has been around since last year, but only recently opened in the Philippines.
We may function similarly as we do escrow. However, we can do sales to sell coins, have customer support for live chat, phone and email, and make solution to filter further fraudulent transactions (which we have been doing already even before we opened here in the Philippines). Yes! We recently opened here. |
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spondulix (OP)
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Activity: 7
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February 04, 2016, 06:16:05 AM |
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How long does it take for withdrawn funds get to you bank account? I checked the Common Questions page but it is not there.
Buyers will deposit straight to the seller's account. Their ordered coins can also be released from our system as quickly as 15 minutes as long as there's no further issues with the order/deposit. However, for a seller, we can withdraw your coins as quickly and safely as possible - just message us via live chat or email. |
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Lutzow
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February 04, 2016, 06:21:54 AM |
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How long does it take for withdrawn funds get to you bank account? I checked the Common Questions page but it is not there.
Buyers will deposit straight to the seller's account. Their ordered coins can also be released from our system as quickly as 15 minutes as long as there's no further issues with the order/deposit. However, for a seller, we can withdraw your coins as quickly and safely as possible - just message us via live chat or email. That's great if the Pesos acquired after selling the coins will go to our local bank accounts in an hour as the current system here has quite a delay. |
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Naoko
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February 04, 2016, 08:54:15 AM |
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How long does it take for withdrawn funds get to you bank account? I checked the Common Questions page but it is not there.
Buyers will deposit straight to the seller's account. Their ordered coins can also be released from our system as quickly as 15 minutes as long as there's no further issues with the order/deposit. However, for a seller, we can withdraw your coins as quickly and safely as possible - just message us via live chat or email. can you check if there is really a bank transfer happened before releasing coins? |
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spondulix (OP)
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February 04, 2016, 02:33:08 PM |
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We don't really allow Bank transfers yet. However, we do don't release the coins unless the seller has confirmed a deposit or the buyer has proof. How long does it take for withdrawn funds get to you bank account? I checked the Common Questions page but it is not there.
Buyers will deposit straight to the seller's account. Their ordered coins can also be released from our system as quickly as 15 minutes as long as there's no further issues with the order/deposit. However, for a seller, we can withdraw your coins as quickly and safely as possible - just message us via live chat or email. can you check if there is really a bank transfer happened before releasing coins? |
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