The use of Crypto currencies in our country.

[xWolfx]

This are pretty cool success stories that i think are worth sharing. Why? Because it helps us to be aware of the advances being made in the industry and that it is not staying still and in the future it could definitely shine more.

Hope is a really powerful force. Sometimes we don't see how important it is until we are in a point inside our lives that it is more valuable than gold.

[ghost424]

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

This is really helpful in the Philippines because there are some times that converting Cryptocurrency into cash is hard but directly using them once you withdraw them is really good. They are also adding other Cryptocurrencies and not just Bitcoin. Future development of the application is anticipated by many users.

[worle1bm]

It's good to see that countries like Philippines have realized the importance of cryptocurrencies and they are used as payment for daily work.Moreover there are many investors who use crypto wallets to make payments as it is crypto freindly nation but still its not accepted at global level due to many reasons like price volatility,decentralized approach and others.But soon we will see crypto dominance globally.

[Sithara007]

You are lucky that Philippines is not very hostile to the idea of crypto-currencies. I don't agree with Rodrigo Duterte on many of his policies, but I heard that he is the most popular president in the world after Vladimir Putin. So he must be doing most of the things correctly. Here in India, Bitcoin users are facing all sort of harassment and it is not easy to spend the coins. The politicians are very hostile to BTC and the other cryptocurrencies. And the situation is unlikely to change anytime soon.

[Ray55]

I think 60-70% of the people still do not know well what exactly is the key to Cryptocurrency. So standing there, I think your thoughts are a bit more. I think that in 2014, as far as your country has improved, hopefully, in 2019, it has been better than that of Cryptocurrency, I do not think there are other countries in the world who have been able to do so much in 2019 as much as in your country Philippines 2014. Did it

[ameliana]

I think there is only one third who actually uses bitcoin and other crypto currencies for whatever purpose they like. But if bitcoin is increasingly known to many people, this ratio will definitely increase in favor of bitcoin.

in my country the use of Bitcoin is only an investment tool because the government still prohibits transacting using Bitcoin but not if it only has it.
so in my country the use of Bitcoin is still very small but I hope that if my country's government immediately legalizes the use of Bitcoin as a transaction tool.

[Assface16678]

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

It will be really convenient for every crypto users in Philippines to use this bitcoin wallet because they don't need to fall in long lines just to paybills and buy the things that they need by just using their bitcoin. I think it will be much better if every countries in the world would apply this kind of bitcoin wallet for us to be conveniently use all of our bitcoin to pay all of our expenses.

[The Seller]

It was something very great and very different from my country that even people who knew crypto were still very far from 10% of the total population and that caused a lack of support to spread the news and benefits of crypto.

[idham29]

It's good to see that countries like Philippines have realized the importance of cryptocurrencies and they are used as payment for daily work.Moreover there are many investors who use crypto wallets to make payments as it is crypto freindly nation but still its not accepted at global level due to many reasons like price volatility,decentralized approach and others.But soon we will see crypto dominance globally.

In my country crypto cannot be used as a means of payment, but can be traded because based on the regulations in my country it is included in futures trading.
In my opinion, this regulation is better than prohibited, because with the government regulation, people in my country can own and trade crypto money.

[DaddyMonsi]

I find it really convenient to use that app however, most of the time, I think twice in spending my Bitcoins just to pay my utilities. Imagine if I pay my satellite monthly subscription last Feb 15 2019 for 0.0028BTC which is equal to $10.07 at that time, that $10.07 worth of Bitcoin is now worth $21.89.

[Bes19]

I'm from Philippines too and i also use coins.ph. What i hate about this wallet is their transaction fee sometimes it goes at around $6 and their conversion rate from php to btc/eth/xrp/bch is really high!

[Janation]

I'm from Philippines too and i also use coins.ph. What i hate about this wallet is their transaction fee sometimes it goes at around $6 and their conversion rate from php to btc/eth/xrp/bch is really high!

I don't fee these fees.

It is not that I am defending them since there are people that said that to me. What I'm saying is that I don't usually use coins.ph to transfer Bitcoin to other wallets. I just use coins.ph when I need something for it to do for me for example, maybe buying some steam credits which is so great and buying load. I can also cash out money to banks that are so easy and free though it takes some time.

[clair508]

Great that is great example, model how we can use crypto currencies in day to day life.Its make easier.An Asian country Philippine understand the value of upcoming trend and they mix with that.But the other counties still afraid to do that.Brave decision Philippine.Bravo!!
A great news for bitcoin too.Lot of people will know that is the bitcoin is and they will begin to use that.Then the prize will also go up and bitcoin future will be secure.Because they want bitcoin.Bitcoin will get more more demand.

[phamminhtan]

Glad that your country has such a wallet from Bitcoin, I am currently in Vietnam and also looking forward to a utility wallet that can pay many bills and be useful to users, thank you shared.

[BL46K 7193R]

It is good to see that almost every daily and important work in your country is going through BTC. It's a great thing for the country's cryptocurrency users. They are now able to perform their necessary tasks using the cryptocurrency. In many countries, BTC and many cryptocurrencies are not valid, in that direction your country is very much ahead.

[umbara ardian]

I can't do anything with bitcoin in my country

Let's try do trade to outside your country and buy anything goods service. Or you can make your own trade on your country site and make it easy to use with your friend

[ACheair]

I can't do anything with bitcoin in my country

Even though you can't use your btc in your country, I would recommend you holding it, or you can buy some more (using exchange or services like buycoinnow which is cryptocurrency payment processor, hoping that some day regulations in your area will change. It's a great investment, and looking at this from the other perspective - you won't be tempted to spend your bitcoins ;p

[Nawrod]

I can't do anything with bitcoin in my country

Even though you can't use your btc in your country, I would recommend you holding it, or you can buy some more (using exchange or services like buycoinnow which is cryptocurrency payment processor, hoping that some day regulations in your area will change. It's a great investment, and looking at this from the other perspective - you won't be tempted to spend your bitcoins ;p

Agree. Since the very beginning, the number of potential usages of Bitcoin is growing. There are more and more places where you can pay with it. And in the end, you can always sell it when the price will be high.

[emberbekas]

It's nice to hear that the Philippines government looks more friendly with cryptocurrency so its citizens can use it for various purposes. This is a bit different from my government policy. Here in my country, we treat crypto as an asset. I myself hope that in the future, my government will loosen their policies so that the crypto currency will be increasingly popular in my country.

[waitforme]

I'm also currently residing in the Philippines. Let's be honest here. Though there are definitely a good number of bitcoin "investors" here, most people use Coins.ph's services(the ones you listed) through our local fiat, the Philippine peso. Some(or most) people are poor enough, to actually risk holding bitcoin for their payments.

According to the information you shared, I found that in this country, Bitcoin grows but is only popular among rich people? The poor people do not have money to invest in Bitcoin and ICO projects, so it is still not completely popular in the Philippines. I think Bitcoin should be promoted through national television to become more popular.