The use of Crypto currencies in our country.

[Krislaw]

what can you do with your Cryptocurrencies in your country?

I am just trade crypto on my country as digital assets on futures exchange.
We can do for my own bitcoin and altcoin as Digital assets not as payment for buy product or goods,

[Aldrinx00]

I am also from the Philippines and used coins ph a lot for converting cryptocurrencies to fiat and vice versa. Coins ph is a great platform however the conversion and transaction fees are quite high, well i guess it's for a smooth transaction and not wait for too long. I also used it to buy load, overall its quite good.

[zee11225]

I wish all the other countries who are making a whole lot of derogatory remarks about cryptocurrencies and its use would see the benefits that the people of Philippines are gaining from it. Cryptocurrency can be used as an accepted medium of payment. All that is really necessary to do is to educate people about it and show them how to use it. Hopefully this would be achieve in future.

In my country, I may not use crypto money to make payments, because it is only considered a commodity that can be traded. In my opinion this is better than crypto money totally banned.
As a futures trading means the commodity is bitcoin and altcoin, which can be traded on the crypto exchange freely, without any fear. Little by little the government realizes that banning crypto money is useless, it is better to organize and issue policies that attract tax.

[Crypto5060]

In my country, few merchants accept cryptocurrency as payment option. Most majority still feels is a scam or probably one ponzi scheme which will end someday. Everyday use its still far from us.

[Kensyin]

In some countries out there already legalized crypto money, one of them in Brazil has been able to watch cinemas, they can already use crypto money, and the question? I don't know which country you came from. But the ability to buy bitcoin is not so much from where I am. And you can only use it as a payment medium when other parties receive it

[john_nautica]

philippines i think has adopted the best thing for crypto use, maybe it needs to be copied in countries in southeast asia, in my country the use of crypto is prohibited by the government and is only allowed to be traded it cannot be used for payment transactions.

[glomet]

I am proud of other countries that use cryptocurrency as a medium of exchange. but in my country I have not allowed the use of cryptocurrency. I hope cryptocurrency will be successful this year.

[romero121]

From the thread came to know about the increased acceptance level of bitcoin within the country, and now from the market place section saw an user who has posted for selling of motorbike with payment accepted fully in crypto or partially. Here is the link https://bitcointalk.org/index.php?topic=5155942.0, and this shows more the acceptance from the realtime users more can be expected from the service renders who see it something new for them.

[Ris88]

I am very optimistic about my own country even though our government has not legalized bitcoin, as a second currency does not mean that in the future the government of our country does not want to legalize it, but it takes time to process it, because I have seen several applications that use blockchan technology like The DANA and OVO applications have represented very good developments in my country, to slowly but surely use them ...

[Austin_Lord]

Yeah thats great that bitcoin provides soo much  facilities for people..well this is not any type of scam.. people are more convenient  now due to bitcoin purchase...

[Austin_Lord]

I am very optimistic about my own country even though our government has not legalized bitcoin, as a second currency does not mean that in the future the government of our country does not want to legalize it, but it takes time to process it, because I have seen several applications that use blockchan technology like The DANA and OVO applications have represented very good developments in my country, to slowly but surely use them ...

Why you are optimistic??? Just try once.. it will be effective  for you i am sure..

[Ranly123]

Since the rise of the cryptocurrencies, there are so many countries adopting it so quickly and one of them is my country (The Philippines).
in early 2014 one of the first online Wallet was created and that was Coins.ph, according to Wikipedia Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. this wallet helps us a lot for using bitcoins in many ways. today I want to show you the use of Crypto Currencies in our country with the help of this Online Wallet.

1. Paying Bills with BTC



With the help of Coins.ph It only takes a few seconds to pay your bills in our country, Select the bill type you want to pay. You can use Coins.ph to pay your utilities (electricity and water), government services, broadband, telco, cable, credit card, and tuition fees.

2. Buying Load or (Phone Credit) with BTC



In our country, you can also buy a load with BTC off course with the help of Coins.ph. and wait, it has a 10% rebate too if you buy 100 php worth of load you get 10 php rebate. that was cool right?

3. Buying Game Credits with BTC



Coins.ph is the only game credit outlet in the Philippines that charges zero fees. You’ll always get the exact amount you pay for! This one really helps me a lot cause I don't need to go on Town Just to buy a Steam Wallet Code, All I need to do was load my wallet and Boom! my Steam Account is loaded with credits.

4. Cash out at Thousands of Locations



We can also cash out our Crypto Currencies through these options: eGiveCash at Security Bank ATM. No debit card needed. Padala Centers like
M Lhuillier, Palawan Pawnshop, and LBCBanks such as UnionBank, Security Bank, and 30+ other banks.
As of now Coins.ph support Crypto Currencies such as BTC, ETH, BCH, and XRP.


so these are the things we can do in our country with our Crypto Currencies, what about you? what can you do with your Cryptocurrencies in your country?





Source:
https://coins.ph
https://en.wikipedia.org/wiki/Coins.ph

I am using this wallet for years and it never fails me from paying my bills to buying mobile loads and many more. Although transaction fee is high when using the blockchain but it is very convenient using this wallet.