I believe there's the most cost effective way, and there's the easiest way. I opened a kraken account, but saw to withdraw via wire transfer to bank outside US, fee is 60 USD. I feel it's steep.
I want to know whether anyone has tried this route?
What other options do we have to convert our eth to usd or peso, into our bank account in the Philippines?
I haven't tried it before but there is a way how to convert ETH to PHP. Thru coins.ph wallet because in this app, there is a PHP and BTC wallet, they recently added ETH wallet where you can store ETH and convert it to Peso.
Exactly sa Ethermine.org. Hindi ba malaki ang charges, o lugi sa exchange rate pag nagconvert eth to php sa coins.ph? In general, 1k peso max is acceptable, meaning, lugi sa conversion, pati charges ni coins.ph, ok na sa akin. Kasi 60 usd to withdraw sa Kraken, to bank, mataas.
@Torbeks, @VitKoyn, @xYakult, @crairezx20, thanks. Very helpful ang input niyo.