[ANN][PSB] Pesobit, the currency for remittances and international cooperation

[syndria]

Ayos ang mga update ah. Matanong ko lang may topic ba dito sa pag back up ng account sa psb wallet yung pang desktop? Mag foformat ako laffy.

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[revenant2017]

Thanks lutzow for the great update!

[bitwarrior]

Just to give you an update on the EWallet system, we will be enabling this withdrawal function in BETA stage within the next 2 days. For trial purposes, it will have a limit of 500 PSB per user withdrawal every 24 hours but will be increased little by little. There will be a 1.2% for the conversion because of the service provider's fee.

As for the VISA/MASTERCARD ordering, it can only be ordered by Filipinos here in the Philippines or Foreigners with Alien Certification of Registration. It will be a VMoney designed card that you can see in the site and will take 5-7 business days. It can be picked up in their office for free or will have a P75 delivery fee for Metro Manila and P100 for Provincial areas.

This is great news.. finally we can have an alternative for coins.ph for our dear OFWs.. Bitcoin is too high now to be used as a remittance tool with its transaction fee keep getting higher as its value going exponential... Pesobit is the cheap alternative.

[no0dlepunk]

DEYM BABY!! this is so punk! I need one

[HatakeKakashi]

Mukhang bumababa lalo ang pesobit ah nung unang nakita ko yung price ay medyo mababa na tapos bumababa pa lalo. Pero naniniwala akong hindi pa ito ang katapusan. Dahil balang araw ang pesobit coin ay mag nining ning sa altcoin list balang araw. Hindi kaya epekto ito na patuloy na pagtaas ni bitcoin kaya yung mga ibang altcoin nagsisibabaan ulit. Pagbumababa ang bitcoin taas ulit ang mga altcoin. Gising pesobit gising.!

[bitwarrior]

Best time to buy such cheap Pesobits on c-cex.com, dumpers dont even know what they are missing.

[Lutzow]

Before the week ends, we'd like to inform you that we will be pushing back the BETA opening of the Encash function in the  Online wallet for we were able to cut down a 0.2% transaction fee so it will be a plain 1% conversion fee. We'll still to lower it down further and targeting a 0.8% with the service provider. Hope that we can finalize it on Monday so we can open the feature to you. But the limitation will be in effect at 500 PSB probably for the first week.

Also, it seems it has already been announced by the coin developer that Pesobit is their escrow. The name of the coin Shareshub, please see their website at https://shareshub.biz for more info.

Another coin where I will be involved in will be due around 1st week of June. This will be announced soon.

To those who are asking if I will create an exchange from Pesobit to these coins, there could be so we can have a bigger reach of users.

If you're interested in using Pesobit as your escrow for your crowdfund project or ICO, do let me know.

To Shareshub team, thanks for your trust. I will be adding the details to wallet.pesobit.net soon.

PS: The ICO page will not be in the Pesobit Online Wallet, they have their own platform for that.

[Lutzow]

To clarify, the announced coin ICO is only a way for me to know what it the progress of the Escrow program. I repeat, this is an Escrow service being offered by me. The service fee which is around 2% of their collected BTC will be used as buy orders in the exchanges. I'm no longer going to talk about this coin over here but I suppose people will going to ask about it anyway if they see such things in the Online wallet or from other threads. For updates about the Escrow program(s), it will just be posted in the Online wallet.

[Lutzow]

We're now opening the encashment section.
Notes:
1) Converted Pesobits will go to the ewalletph.vmoney.com account of the email address you specified so make sure that you get the correct email address of your recipients.

2) The fee was toned down to 0.9%.

3) Beta stage will have the Encashment to 500 PSB per 24 hours.

4) The cash will arrive to your ewallet account the next banking day.

5) The cash in the ewallet account can only be withdrawn to Philippine and Canadian banks at least for now.

6) The conversion rate used is that of coinmarketcap's average price.

We will be work on improving this system little by little.

Next up will be enabling the marketplace but the merchants needs to have an ewallet account so their product sales will be credited to their ewallet account the following business day and this will be enabled this month.

[Lutzow]

Thanks to those who processed their Pesobit -> Peso encashment today.
Encashments processed 12:01 am to 12mn will be converted to Philippine Peso and be sent to your ewalletph.vmoney account by afternoon the following day. We will work on increasing the limit little by little.
This also works for Canadian users, just click on the dropdown below your account balance then it will display different currencies - just select CAD in order for you to see your money in CAD value.


The Buy option has been disabled temporarily, we will reenable it but we're going to put up a small spread between buying and selling just at around 0.5%. This Buy option is not your cheapest option but will only be an alternative in case you don't want to deal with 3rd party exchanges. Orders that will be made in this soon-to-be re-opened Buy option will still be sent to exchanges at that same price that you bought it.

[Lutzow]

The Pesobit online wallet has been busy lately with Pesobit -> Philippine Peso conversions going to their chosen ewallet (http://ewalletph.vmoney.com) account. Just a reminder,  it can only be processed on banking days only (including Canadian users).

To those merchants that I dealt with before in putting up their services in the Marketplace, thanks for continued trust in the Pesobit community. Merchants will receive the payments to their items in Cash to their ewallet accounts so no need to worry about the price volatility of Pesobit.

Lots of VMoney users are already being completely verified so I guess we'll be having more users as time goes by. Just a tip in withdrawing your ewallet funds to your bank accounts, use the manual withdraw as it is cheaper.

Have a great weekend everyone.

[Russlenat]

hello po.
ewallet.ph po ba ngayon is down?
hindi kasi maka load sa browser ko!
i'm using firefox. Blank lang ang nasa screen pag e enter ko sa browser ang ewallet.ph
thanks po.

[mc1227]

eto na pamalit sa coins.ph gara ng price ng btc sa coins eh napaka taas and support natin pinoy apps

[Lutzow]

Happy Monday everyone, there will be an increase in  the encashment limit from 500 PSB to 1000 PSB within the next 24 hours.
To those who already have their funds in their Ewalletph account and would be planning to withdraw more often, it is better to use the Mastercard/Visa option as the withdrawal via Security Bank using your MC/VISA is free and you only have to pay for the fee in topping up your card which is very minimal.

Website is ewalletph.vmoney.com

[bitgwapo]

 

good day boss.. ma gagamit ko pa rin ba itong wallet.pesobit.net? kasi ayaw gumana yung "buy PSB using BTC" na button eh.. tnx

[Lutzow]

good day boss.. ma gagamit ko pa rin ba itong wallet.pesobit.net? kasi ayaw gumana yung "buy PSB using BTC" na button eh.. tnx

Di na muna ung Buy. Kasi sa encashment muna tayo, we'll see if ibabalik ung Buy option.

[Lutzow]

Increased the limit of Encashment from 500 to 1000 Pesobits.
Encashment feature converts your Available Pesobits to your Ewalletph account however, funds in the Ewalletph platform can only be withdrawn to banks in the Philippines and in Canada.
Mastercard/VISA can only be ordered by Filipinos as such is only allowed by issuing banks.
How to use and what is the advantage of MC/VISA?
1) Convert your Pesobit from the Online Wallet towards your EWalletph account.
2) Once the funds are already in your EWalletph account, top-up your MC/VISA with a fee of Php 11.00.
3) Once topped-up, your MC/VISA funds can now work in ATMs for withdrawals.

Notes:
- Mastercard withdrawals are free when done on Security Bank ATMs, otherwise a fee of Php 10.00 - 12.00 shall apply.
- VISA withdrawals are free when done in CTBC (China Bank Trust Corp) ATMs, otherwise a fee of Php 10.00 - 12.00 shall apply.
- Top-up of MC/VISA is 24/7 so no need to wait for banking hours.

For the existing merchants of the Marketplace, please complete your verification of Ewallet accounts so your sales will be sent to you in Pesos once the Marketplace is back up.

[eagle10]

Maganda na nangyayari sa PSB pero mababa pa rin price nya sa market. sa wallet.pesobit lang maganda price pag may gusto magkaroon at bumili sa iyo kc ayaw ng maraming hassle sa mga exchanges. Sana unti unti ng tumaas ang value kahit di agad agad sumirit basta steady.

[[ProTrader]]

Maganda na nangyayari sa PSB pero mababa pa rin price nya sa market. sa wallet.pesobit lang maganda price pag may gusto magkaroon at bumili sa iyo kc ayaw ng maraming hassle sa mga exchanges. Sana unti unti ng tumaas ang value kahit di agad agad sumirit basta steady.

Di yan problema ang mababang price mas importante ang continuous development ng coin. Alam mo naman ang mga standard traders bibili na yan pag magsimula ng tumaas ito kasabay ng hype. Kaya kung wais ka na trader o investor at may extra btc mas maganda mag ipon nito for long term, consider the low supply versus the current price.  

Tingnan mo mga nagsitaasang alts ngayon, they were once undervalued at wala masyadong pumapansin.

[mc1227]

Magiging stable kaya to katulad ng iba?