Coins.ph Official Thread

[arielbit]

I still need to get a GCash card at Globe Store. Please correct me if I am wrong

Yup, You need to have a Globe sim first then dial *143# and choose Gcash it should be at number 8 then register your sim. After registering your sim you can now the go through any Globe outlet that's near you bring a valid id and 150php.

With Globe Gcash you can even put money directly into your bank account. BPI and RCBC only. From Bitcoin or any Crypto that is accepted by Coins.ph then transfer to Gcash then deposit directly to your bank account.

hindi na po kailangan mag register muna sa *143# bago magpunta sa globe store/outlet, pwede na mag direct dun sa globe store para makapag register sa Gcash. ganun po sakin at sa kapatid ko.

Well, we have different procedure on how to register with GCASH.

Here's what I did, I downloaded the app, input my information, of course with my globe sim no. and get verified, the good thing with Gcash is you can get verified online, and that's full verification and you don't have to wait for hours to know if you pass, it's instant in my case.

Also, with regards to the card, you can apply online if you don't want to go to their office, as long as you are fully verified, you can just pay the 150 php through your GCASH and wait until the card will be delivered, according to them, we should received it at least 10 days from the date we pay.


I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

if paypal is a way to cash out, you can also take a look at union bank eon and getgo debit cards, they can be linked to paypal.

https://www.unionbankph.com/personal/debitcards/cards/eon/114-frequently-asked-questions/eon-and-paypal-faqs

[pinoycash]

Also, with regards to the card, you can apply online if you don't want to go to their office, as long as you are fully verified, you can just pay the 150 php through your GCASH and wait until the card will be delivered, according to them, we should received it at least 10 days from the date we pay.

10 Days is a long time to wait for card arrival, Ang the best is pumunta directly sa globe stores sa mga mall, and apply personally and in less than 15 minutes you will have your own gcash card that you can use instantly after activation.

[xianbits]

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

[bitcoin31]

Also, with regards to the card, you can apply online if you don't want to go to their office, as long as you are fully verified, you can just pay the 150 php through your GCASH and wait until the card will be delivered, according to them, we should received it at least 10 days from the date we pay.

10 Days is a long time to wait for card arrival, Ang the best is pumunta directly sa globe stores sa mga mall, and apply personally and in less than 15 minutes you will have your own gcash card that you can use instantly after activation.

Kakadating lang ng gcash mastercard ko nung nakaraang araw at less than 10 days na recieve ko na agad yung ATM gcash kaya naman masayang masaya ako. Mahirap kasi magcashout sa mga remitances sa gcash madali lang ilang minutes lang dadating na yung payout mo.

[Maus0728]

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

[lienfaye]

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Kung valid ids ng parents mo ang ipe present mo much better na sa kanila mo ipangalan yung receiver at para sila na din mag claim samahan mo na lang. Kung sino kasi yung nasa receiver sa kanya dapat id ang gagamitin.

Student id valid din naman yun, kuha ka barangay id I think acceptable din naman sya.

[eldrin]

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Student ID is fine, yan din gamit ko noon, never naman naging issue. Try mo nalang din itanong kung pwede na yun sa pagkuha ng LBC card, para the next time na mag-encash ka, LBC card nalang ang i-present mo, kahit wala nang IDs.

[theyoungmillionaire]

As per the previous posts, since the egiveCashOut is unavailable and the best way to cash out is thru LBC. Okay lang ba na mag present ng 2 valid ID's ng magulang ko?

Wala pa kasi along valid I.D since I am only a student. Thank you. Hoping for some reply.

Hi, Maus0728,

Pwede mong gamitin ang Student ID issued by a school, college or university duly signed by the Principal or head of school at Barangay Certification or Barangay ID mo.

Para sa karagdagang impormasyon, basahin ang source.

[Maus0728]

Hi, Maus0728,

Pwede mong gamitin ang Student ID issued by a school, college or university duly signed by the Principal or head of school at Barangay Certification or Barangay ID mo.

Para sa karagdagang impormasyon, basahin ang source.

Good Day theyoungmillionaire! It's so nice to be back here and I am so glad there are lots of filipinos here who's fast replying on someones inquiry. Also thank you to your detailed reply regarding to the request of valid ID's and citing their actual announcement. Regards also to the answers of lienfaye and eldrin. It really helps a lot. Thank you.

[harizen]

I'm still curious sa nangyaring Bitcoin Hard Fork  noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na  nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

[mirakal]

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

[pinoycash]

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

The main question now is finding a reliable exchange platform or person that you can sell your BTC for paypal funds. We all know the nature of paypal a reversible payment processor.  so exchanging your BTC to PP is a high risk transaction not unless you find someone that is real legit paypal exchanger.

[alisafidel58]

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

The main question now is finding a reliable exchange platform or person that you can sell your BTC for paypal funds. We all know the nature of paypal a reversible payment processor.  so exchanging your BTC to PP is a high risk transaction not unless you find someone that is real legit paypal exchanger.

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

[r1a2y3m4]

I'm still curious sa nangyaring Bitcoin Hard Fork  noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na  nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

[Lassie]

I'm still curious sa nangyaring Bitcoin Hard Fork  noong August 1, 2017, meaning, if may Bitcoin ka sa wallet mo, magkakaroon ka din ng Bitcoin Cash, depende din ito kung gaano kadami ang Bitcoin mo na  nasa wallet. 1:1 ang ratio dati, kung may 1bitcoin ka, 1 bitcoin cash ding makukuha.
San kaya napunta yung Bitcoin Cash namin if meron kaming Bitcoin balance sa wallet namin during the fork?

Coins.ph gave the equivalent BTCTC value of your BCH at the time of the fork.

Yes doon siya magreflect sa BTC wallet mo and not on BCH wallet and I think wala pa silang BCH wallet nung nagbigay sila ng action kung paano maclaim ng mga users iyong respective BCH nila.

Note: Obviously if your BTC is only stored in coins.ph wallet during the time of the fork.

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

nakatanggap naman siguro lahat ng users nila at yung sa case mo posible na hindi mo lang napansin na nadagdagan balance mo nun kasi hindi ka aware na nadistribute na nila yung share mo sa forked coins.

[xianbits]

I have a tip for you to get a better rate in BTC exchange.

Make a paypal account and trade your BTC with paypal, then transfer your paypal to Gcash wallet, it's also instant.
When it comes to cash out, If you don't have a GCASH card yet, you can transfer your GCASH to your bank account/s, and that is also instant.

Curious lang ako kung magkano din kaya ang "profit o savings" kapag ganito ang ginawa o kung direct to coins.ph nalang? Say, I have 1 BTC to be converted.

Okay let's make a computation, normally paypal buyers based the rate at http://preev.com/btc/php and the current price is 211,000 PHP
while if you will sell your 1 BTC in coins.ph, you can only sell it at 205,989, so if we compare the rates, you can save Php 5,011 for that transaction.

Also, be aware that there is a fee when sending paypal from different countries, you can have it free if PHP to PHP but if PHP to US or other countries and vice versa, there's around $1-5 transaction fee, but that's negligible, you can still save a lot of money.

Better nga kung ganyan ang case. Chineck ko ulit ngayon preev price as of writing is Php211,800.
Coins.ph sell price is Php205750 while CoinsPro price nasa Php207000. Kala ko pinakasulit na ang coinspro, meron pa palang better. Anyway, pag malakihan, tsaka mo lang mararamdaman ang difference. Ngayon tingi-tingi pa kinacashout ko, coinspro lang muna gamit ko. But thanks for the info.

[harizen]

~snipped~

~snipped~

Pati pala coins nakisama din sa fork? Bakit walang natanggap ako nung nagkafork? Nasa coins.ph naman yung bitcoin ko nun. Or probably maliit lang yung value kaya di nafork? .014 lang ata kase eh.

Yep I think di mo lang sya napansin. If Im not mistaken the price of BCH that time is around $500+ so just do the math na lang if magkano equivalent nun sa BTC tapos iyon ang dinagdag ng coins.ph sa BTC wallet niyo.

Better nga kung ganyan ang case. Chineck ko ulit ngayon preev price as of writing is Php211,800.
Coins.ph sell price is Php205750 while CoinsPro price nasa Php207000. Kala ko pinakasulit na ang coinspro, meron pa palang better. Anyway, pag malakihan, tsaka mo lang mararamdaman ang difference. Ngayon tingi-tingi pa kinacashout ko, coinspro lang muna gamit ko. But thanks for the info.

Ok aman si coinspro if immediate. Exchange na kasi mismo ang nag rurun. Paypal to BTC trades requires patience kasi P2P padadaanin. It's impossible na may magoopen na exchange for that kind of service and we can expect a low fees that's why direct person trades is much better.

There are regular Paypal traders. Kaya lang no idea kung sino/ano sila since di ko pa pinapasok ang sistemang yan. Maybe Mirakal knows some.

[pinoycash]

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Beware of PayPal and other reversible transfer services
https://bitcointalk.org/index.php?topic=14632.msg197267#msg197267

[mirakal]

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Beware of PayPal and other reversible transfer services
https://bitcointalk.org/index.php?topic=14632.msg197267#msg197267

You only trade with trusted people in the forum, for lesser risk.
Also, you can request that funds will be send through FF, so it could not be reverse.

[bL4nkcode]

True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

Beware of PayPal and other reversible transfer services
https://bitcointalk.org/index.php?topic=14632.msg197267#msg197267

But it doesn't mean na di na talaga pwede mag exchange using paypal, it's all about risk. If you can observe most trusted person dito sa forum is nakikipag exchange parin through paypal with BTC kase nga dun sila nakkipag transact those people na trusted.
If there's a chance na ireverse yung transaction through paypal then red trust is on the way para diyan, iwan ko lang if merong high trusted profile na mag gaganyan except na lang sa mga newbies or ranks below sr members.