Coins.ph Official Thread

[JonSnow666]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

[xYakult]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

short answer: yes pwedeng pwede, wala magiging problema dyan basta sa btc address mo isend yung bitcoins mo

sa pag send sa coins.ph, kahit hindi mo na iconvert sa bitcoin yung pesos mo kasi automatic yan macoconvert to bitcoins ang funds mo sa peso wallet kapag nag send ka

[JonSnow666]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

short answer: yes pwedeng pwede, wala magiging problema dyan basta sa btc address mo isend yung bitcoins mo

sa pag send sa coins.ph, kahit hindi mo na iconvert sa bitcoin yung pesos mo kasi automatic yan macoconvert to bitcoins ang funds mo sa peso wallet kapag nag send ka

Lahat ba ng wallet sa buong mundo kapag naggenerate sila ng btc address e walang magkakapareho?

[invo]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

short answer: yes pwedeng pwede, wala magiging problema dyan basta sa btc address mo isend yung bitcoins mo

sa pag send sa coins.ph, kahit hindi mo na iconvert sa bitcoin yung pesos mo kasi automatic yan macoconvert to bitcoins ang funds mo sa peso wallet kapag nag send ka

Lahat ba ng wallet sa buong mundo kapag naggenerate sila ng btc address e walang magkakapareho?

yes, automatic yan at walang nag kakapareho. isa un sa mga inuna nilang ayusin at siniguro na hindi magkakaroon ng kaparehong address ang isang wallet.

[Janation]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

short answer: yes pwedeng pwede, wala magiging problema dyan basta sa btc address mo isend yung bitcoins mo

sa pag send sa coins.ph, kahit hindi mo na iconvert sa bitcoin yung pesos mo kasi automatic yan macoconvert to bitcoins ang funds mo sa peso wallet kapag nag send ka

Lahat ba ng wallet sa buong mundo kapag naggenerate sila ng btc address e walang magkakapareho?

Wala pa akong naeencounter na nagkakaroon ng problema dahil sa pagkakaparehas ng bitcoin address. Pero mathematically 2^160 possible addresses ang pwedeng maigenerate kaya feeling ko napakaimposible na magkaroon ng the same bitcoin addresses. Tsaka kung mapapansin mo, medyo naiiba ang address ng Coins kase nagsisimula sila sa number "3" still wala pa ding nagkakaparehas na bitcoin address, don't need to worry.

[JonSnow666]

Questions lang po mga kapatid bago lang ako sa bitcoin at coins.ph

Pag nag cash in na ako sa coins.ph then nagconvert na ako from peso to btc. Pwede na ba ang direct transfer from coins.ph to blockchain or bittrex using btc address ng blockchain or bittrex? wala bang magiging problema?

Ang nasa isip ko kasi magkaibang site ang coins.ph at blockchain/bittrex, baka pag nagenerate ako ng btc address sa blockchain/bittrex e may kaparehong btc address sa coins.ph.

short answer: yes pwedeng pwede, wala magiging problema dyan basta sa btc address mo isend yung bitcoins mo

sa pag send sa coins.ph, kahit hindi mo na iconvert sa bitcoin yung pesos mo kasi automatic yan macoconvert to bitcoins ang funds mo sa peso wallet kapag nag send ka

Lahat ba ng wallet sa buong mundo kapag naggenerate sila ng btc address e walang magkakapareho?

Wala pa akong naeencounter na nagkakaroon ng problema dahil sa pagkakaparehas ng bitcoin address. Pero mathematically 2^160 possible addresses ang pwedeng maigenerate kaya feeling ko napakaimposible na magkaroon ng the same bitcoin addresses. Tsaka kung mapapansin mo, medyo naiiba ang address ng Coins kase nagsisimula sila sa number "3" still wala pa ding nagkakaparehas na bitcoin address, don't need to worry.

Pero lahat ba ng addresses is 34 characters lahat? walang naiiba?

[Dabs]

coins.ph,

These are your current levels and limits:

Level 1: email verification
Level 2: phone, identity, selfie verification
Level 3: address verification

And then there are custom limits (Level 4?) but it doesn't say how or what, and you guys have to be contacted. There is also a business option, but I don't want to run or register a business account, I just want higher daily limits.

Recently, I had to do a few million pesos worth in transactions, so that took me several days.

I would appreciate it if you guys have maybe a Level 4 with a 1M or 2M daily limit or something similar, as I have an account with one of your other competitors and my daily limit with them was 2.5M pesos. Or have more levels, maybe Level 4 and Level 5 and Level 6. With 1M, 2M, 5M ...

I'd prefer it if there was specific requirements for individuals for these higher levels and not a "please contact us" form.

Following the examples of banks and other financial institutions, I can open an account with them and deposit or withdraw with no limits over the counter (or with daily limits through their ATM machines.)

This would also discourage people from creating multiple accounts. You can't prevent them from doing so. (Yeah, you can make it harder, but nasa pilipinas tayo, madali lang mang hiram ng ID sa kaibigan o kamag anak.)

Just throwing it out there.

[Dabs]

Pero lahat ba ng addresses is 34 characters lahat? walang naiiba?

Meron iba na 33 characters yata, but there's no difference otherwise. Also meron mga shorter, like 16 characters, yung mga ginamit sa ibang physical bitcoins, but those are special and I don't recommend you try to create or use those otherwise. Stick to "normal" length addresses.

Okey na yung mga starting with 1 or 3, yung 3 is just multisig, or pay-to-script, but mostly multisig.

eto galing sa wiki:

Most Bitcoin addresses are 34 characters. They consist of random digits and uppercase and lowercase letters, with the exception that the uppercase letter "O", uppercase letter "I", lowercase letter "l", and the number "0" are never used to prevent visual ambiguity.

Some Bitcoin addresses can be shorter than 34 characters (as few as 26) and still be valid. A significant percentage of Bitcoin addresses are only 33 characters, and some addresses may be even shorter. Every Bitcoin address stands for a number. These shorter addresses are valid simply because they stand for numbers that happen to start with zeroes, and when the zeroes are omitted, the encoded address gets shorter.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.

[LeyMonte]

Pero lahat ba ng addresses is 34 characters lahat? walang naiiba?

Meron iba na 33 characters yata, but there's no difference otherwise. Also meron mga shorter, like 16 characters, yung mga ginamit sa ibang physical bitcoins, but those are special and I don't recommend you try to create or use those otherwise. Stick to "normal" length addresses.

Okey na yung mga starting with 1 or 3, yung 3 is just multisig, or pay-to-script, but mostly multisig.

eto galing sa wiki:

Most Bitcoin addresses are 34 characters. They consist of random digits and uppercase and lowercase letters, with the exception that the uppercase letter "O", uppercase letter "I", lowercase letter "l", and the number "0" are never used to prevent visual ambiguity.

Some Bitcoin addresses can be shorter than 34 characters (as few as 26) and still be valid. A significant percentage of Bitcoin addresses are only 33 characters, and some addresses may be even shorter. Every Bitcoin address stands for a number. These shorter addresses are valid simply because they stand for numbers that happen to start with zeroes, and when the zeroes are omitted, the encoded address gets shorter.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.

Anu po ibig abihin ng multi sig sir? Yung na observe ko lang pg yung starting ay 3 is nag iiba yung address. Bali nag gegenerate ng new add. Gaya ng xapo. Pero sa coins.ph add ay hindi po..

[zupdawg]

Anu po ibig abihin ng multi sig sir? Yung na observe ko lang pg yung starting ay 3 is nag iiba yung address. Bali nag gegenerate ng new add. Gaya ng xapo. Pero sa coins.ph add ay hindi po..

multi sig po ay kailangan ng 2 or more na private key, kumbaga pwede hawakan ng 2 o higit pa na tao, kailangan ng xx na bilang na private key ang magbibigay ng parang GO signal para maacess ang funds na nasa address.

hindi kusa nag iiba ang address na multi sig, yung sa xapo kasi ginawa na lang nila yung nag iiba bawat transaction pero doesn't mean sa lahat ay ganun, sila na mismo nag dagdag sa site nila ng ganun na feature

[JonSnow666]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

[Jinz02]

May rules po ba dito sa coins.ph ?

[Clark05]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Para sa akin wala ata silang balak maglagay nang ethereum coin sa wallet nila . Marami rami na rin kasing iprocess kung maglalagay sila nang ethereum coin. Yan din sinabi nila sa akin dati nagtanong ako about ethereum . Pero malay natin baka maglagay sila nang ethereum . Try mo rin icontact yung support nila sigurado sasagot naman iyon at malalaman mo nunh ano b talga.

[zupdawg]

May rules po ba dito sa coins.ph ?

baka eto hanap mo

https://coins.ph/user-agreement

minsan kailangan din po natin mag explore ng konti hindi po puro spoon feed ang gusto unless isa kang 5 yrs old na bata na lagi umaasa sa ibang tao

[Kencha77]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Kung magkakaroon man ng etherium wallet sa coins.ph, sure na hindi ngayong taon yun kasi magkakaroon ng fork ang etherium this september. Kailangan pa sigurong tignan ng coins.ph team kung maayos ang kakalabasan

[Maslate]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Kung magkakaroon man ng etherium wallet sa coins.ph, sure na hindi ngayong taon yun kasi magkakaroon ng fork ang etherium this september. Kailangan pa sigurong tignan ng coins.ph team kung maayos ang kakalabasan

But I'm sure mas gaganda ang service nila kung i integrate rin nila ang ethereum.
Lumalaki nag rin ang network ng ethereum so balang araw mag compete na ito kay bitcoin, sana mag add sila soon.

[t3ChNo]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Kung magkakaroon man ng etherium wallet sa coins.ph, sure na hindi ngayong taon yun kasi magkakaroon ng fork ang etherium this september. Kailangan pa sigurong tignan ng coins.ph team kung maayos ang kakalabasan

But I'm sure mas gaganda ang service nila kung i integrate rin nila ang ethereum.
Lumalaki nag rin ang network ng ethereum so balang araw mag compete na ito kay bitcoin, sana mag add sila soon.

Maganda nga yan if ma add nila si ETH. Convenient din sa mga pinoy users na may ETH to convert to peso or btc if needed.

[Casalania]

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Kung magkakaroon man ng etherium wallet sa coins.ph, sure na hindi ngayong taon yun kasi magkakaroon ng fork ang etherium this september. Kailangan pa sigurong tignan ng coins.ph team kung maayos ang kakalabasan

But I'm sure mas gaganda ang service nila kung i integrate rin nila ang ethereum.
Lumalaki nag rin ang network ng ethereum so balang araw mag compete na ito kay bitcoin, sana mag add sila soon.

Maganda nga yan if ma add nila si ETH. Convenient din sa mga pinoy users na may ETH to convert to peso or btc if needed.

maganda pero diba magkaiba sila, parang ung pagkakaiba ng waves at ethereum kapag naka waves based ka hindi mo malilipat yun sa ethereum, hindi kaya ganun din ang kalalabasan?
or pwede din naman siguro na parang sa waves dex na may bitcoin, may waves, at may ethereum sa iisang wallet.

[terrific]

May rules po ba dito sa coins.ph ?

baka eto hanap mo

https://coins.ph/user-agreement

minsan kailangan din po natin mag explore ng konti hindi po puro spoon feed ang gusto unless isa kang 5 yrs old na bata na lagi umaasa sa ibang tao

Haha natawa naman ako dito, halos ganito na nangyayari lahat gusto spoon feed na pero wala tayong magagawa baka hindi niya lang talaga mahanap kaya siguro nagtatanong siya.

May forecast ba kayo kung kelan magkakaroon etherium sa coins.ph?

Wala pa akong idea dito pero mukhang maganda nga kung magkakaroon sila ng ETH wallet.

[coinsph.Pem]

coins.ph,

These are your current levels and limits:

Level 1: email verification
Level 2: phone, identity, selfie verification
Level 3: address verification

And then there are custom limits (Level 4?) but it doesn't say how or what, and you guys have to be contacted. There is also a business option, but I don't want to run or register a business account, I just want higher daily limits.

Recently, I had to do a few million pesos worth in transactions, so that took me several days.

I would appreciate it if you guys have maybe a Level 4 with a 1M or 2M daily limit or something similar, as I have an account with one of your other competitors and my daily limit with them was 2.5M pesos. Or have more levels, maybe Level 4 and Level 5 and Level 6. With 1M, 2M, 5M ...

I'd prefer it if there was specific requirements for individuals for these higher levels and not a "please contact us" form.

Following the examples of banks and other financial institutions, I can open an account with them and deposit or withdraw with no limits over the counter (or with daily limits through their ATM machines.)

This would also discourage people from creating multiple accounts. You can't prevent them from doing so. (Yeah, you can make it harder, but nasa pilipinas tayo, madali lang mang hiram ng ID sa kaibigan o kamag anak.)

Just throwing it out there.

Hi Dabs,

Thank you very much for the insightful feedback!

Coins.ph has designed transaction limits to ensure that our customers are in compliance with local laws and international norms, but as you've mentioned, there are certain use cases that require custom limits and that’s something we’re more than happy to help you with! In order to raise your transaction limits we need to get an in-depth understanding of how you fund your account, where those funds come from, and what you plan on using your increased limits for.

To upgrade to custom limits:
1. document your source of income - provide payslips, bank statements or other financial documents
2. explain your past and intended use of the account - we request to please be as thorough as possible in explaining for us to have a solid understanding of customer activity
3. request limits - provide your expected daily, monthly, and annual transaction volume so we can build your transaction limits around these volume expectations

We'll evaluate all documents as fast as we can and give you feedback once done.

Our team is continuously working on streamlining our verification process and reduce limit upgrade evaluation wait times. With that, we're happy to evaluate your suggestions!

If you have any clarifications, feel free to drop us a message

Best,
Pem