Bitcoin Forum
May 27, 2024, 03:03:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: [TIP] Onting tipid tips sa transactions sa Coins.PH  (Read 326 times)
Insanerman (OP)
Sr. Member
****
Offline Offline

Activity: 1162
Merit: 450


View Profile
November 03, 2020, 12:52:20 AM
Merited by Maus0728 (3), julerz12 (2), Baofeng (1), yazher (1), bL4nkcode (1), Bttzed03 (1), Janation (1), meanwords (1), TGD (1), sotoshihero (1)
 #1

Hindi ko alam kung aware ba ang lahat sa technique na ito, matagal ko na itong ginagawa at syempre ito yung way na ipapayo ko sa kahit kaninong kakilala kong gustong makatipid ng onti sa pagtransact ng crypto nila sa Coins.PH. Tingin ko marami na ding iba ang nakakaalam nito, pero dahil dumarami na rin ang mga users natin dito sa forum, ishashare ko na rin kung paano ko nakakatipid kahit papano (around 100pesos) mula sa BTC to PHP conversion sa Coins.PH.

This can be applicable not just on the Coins.PH wallet app, but can also be applicable in many exchangers and wallets that supports conversion of BTC to XRP.

Yes! XRP ang tinutukoy ko rito. Let me tell you bakit ito ang recommended kong crypto kung gusto kong makatipid sa btc transaction fees and sa pagconvert from BTC to PHP (kung bakit kinoconvert ko pa sa XRP then to PHP)



Note: The screenshots attached below are taken at Nov. 03 - 08:15:02 AM of Philippine Time. Since the volatility of crypto is high, the prices indicated by the images attached were only have used for computation purposes, hence a subject to changes.(for short, iba man yung price, same padin ng idea hehe)



First of all, tignan muna natin kung ano ba ang conversion from BTC to PHP DIRECTLY. Example, I have approx .005 BTC and icoconvert ko to sa PHP,


Note that meron tayong makukuhang approx 3.2K PHP sa 0.005 na BTC. Next, tignan naman natin kung ilan makukuha nating XRP from BTC (same 0.005 BTC input),


Note na meron tayong 295.29642 XRP mula sa ating approx 0.005 BTC. Ngayon, subukan nating iconvert ang 295XRP natin to PHP, syempre gamit parin ang coins.ph para same ng fees if ever na meron man.


See! Meron tayong makukuhang 3.3K PHP if ever na gumamit tayo ng XRP as in between transaction from BTC to PHP. Why? Simple lang, ang coins.ph is bumabase sa pinaka lowest price ng BTC kaya lugi ka talaga kung mag sesell ka ng BTC gamit iyon. And if you would sell BTC naman to XRP, I guess they only apply it based din sa transaction fee ng XRP (which is so low). So basically, if you were to convert BTC to PHP directly, they will use the lowest price as their lookup value.

However, some might think na hindi ito need and same would apply kasi andaming pakembot kembot ng transaction. Well, you'll be the judge. I just wanted to tell you how is it possible to at least have a little money saved from the BTC fee. Some may say na "its fine, onti lang naman kain eh". Well, totoo naman, pero such value (approx 100php saved) is too huge and useful na na magamit sa ibat ibang bagay -- pede na pang online class, pang bili ng bigas, pang date, at kung ano ano pa. Money wise 'di ba? Wink

Nawa'y nakatulong ito sa ibang gustong makatipid kahit papano. Salamat, Filipino Bitcointalk Community! Mag-ingat tayong lahat!



Additional note: the 0.005 is just an approximate. Ewan ko bakit ko pa tinakpan yung buong balance ko, di naman ako mayaman haha.
Bttzed03
Legendary
*
Offline Offline

Activity: 2114
Merit: 1149


https://bitcoincleanup.com/


View Profile
November 03, 2020, 01:36:59 AM
 #2

"Tipid" kung xrp transaction from other wallets to coinsph. Alam ko wala ng known tx fees involved kung nasa coinsph na initially yung BTC at naghahanap ka ng paraan para ma-maximize yung conversion ng crypto to fiat ( in this case btc > xrp > php).

Sakaling wala pa sa coinsph yung BTC ninyo, hanap na lang muna ng palitan na may mas magandang rates (btc/xrp) bago ipadala sa coins. Maliban sa mga sikat na palitan, pwede gamitin yung mga KYC-less instant exchanges. Review niyo muna bago niyo gamitin dahil may iba sa listahan na nag-freeze ng pondo gaya ng exolix.

Pagdating naman sa btc/php, andyan na din ang Binance at Kucoin. Pwedeng hindi na ilipat pa yung crypto sa coinsph.
Peanutswar
Legendary
*
Online Online

Activity: 1554
Merit: 1081


Top Crypto Casino


View Profile WWW
November 03, 2020, 03:07:00 AM
 #3

I already know this kind of technique na dahil dati isa din ako sa user ng cryptotalk and yobit (Ps. Im not promoting them this is just base on my experience) at dahil dati ay paybypost padin sila kung saan mataas talaga ang bigayan, and before i send it to my wallet the struggle is the transaction fee so I find a way para makatipid sa transaction fee and by that time all among the listed crypto supported by the coins.ph and pinaka lowest transaction fee is the ripple(xrp), so I made a choice na ito nalang gamitin and pinaka lowest na transaction lang na nakuha ko ay almost 20 pesos napaka tipid ng technique na BTC to XRP, XRP to PHP. Thanks for spreading the awareness too OP.
peter0425
Sr. Member
****
Offline Offline

Activity: 2660
Merit: 447



View Profile
November 03, 2020, 05:19:33 AM
 #4

Cool,Di ko alam to ah  Grin madalas Rekta lang ako from Coins.ph pa M.Lhuiller since katabi lang halos ng bahay ko
and i only convert for emergency purposes lang dahil i maintain my crypto as Holding.

But with this thread mukhang malaki ang matitipid ko sa conversion each time na kakailanganin ko ng Peso.

Thanks kabayan this will really help.
meanwords
Full Member
***
Offline Offline

Activity: 1624
Merit: 163


View Profile
November 03, 2020, 05:47:59 AM
 #5

Wow. I know na XRP is the best way sa pag receive at pag send ng funds sa coins.ph pero hindi ko alam na ang laki para ng difference pag ginawa mo to. Ang tanong is, may gagawin kaya sila kung mapapansin nila ito? Hindi mo din naman kasi masasabing onti ang difference kung iisipin mong mabuti. 70 pesos, 2 angels burger order nayan sa amin halos.
rhomelmabini
Hero Member
*****
Offline Offline

Activity: 2002
Merit: 578


View Profile
November 03, 2020, 08:56:48 AM
 #6

So far I've been using only XRP from exchanges to my coins.ph account kasi nga sa tipid naman din ng fee nito compare sa ibang supported currency na nasa coins.ph, nasa 5 Php lang yung fee from Binance > Coins.ph. If I were you OP try other conversions sa thread mo kasi merong iba na yung narereceive nila isn't usually from BTC for example may user na nakatanggap ng BCH or ETH (since yan lang naman yung other supported cryptocurrency na nasa coins.ph) so is it if best ba na i-convert it through XRP too or directly nalang sa PHP.

Just a suggestion here and so that we could see too what's the mere alternative kasi dalawang currency lang yung na-discuss rito at yung natitirang dalawa ay hindi pa. Well, just to expand lang din the whole topic at curious lang din ako, I'll let you handle it OP since ikaw naman nag start ng topic. Thanks nga pala sa tips, usually I don't mind these kind of things kasi convert ng convert lang din ako especially direct to PHP kapag meron akong ibang currency sa wallet ko.
ice18
Hero Member
*****
Offline Offline

Activity: 2492
Merit: 542



View Profile
November 03, 2020, 09:53:12 AM
 #7

Thanks for this tip ako kadalasan direkta na rin agad from btc to php pero kung iisipin mo malaki na nga talaga ung 100php na fee 2 kilong bigas na rin yun which is malaking tulong lalo na kung iipunin natin at ibibigay nalang sa mas nangangailangan e d nakatulong kapa keep sharing thanks.
Janation
Hero Member
*****
Offline Offline

Activity: 1722
Merit: 528


View Profile
November 03, 2020, 09:56:27 AM
 #8

This is nice.

Sana makatulong ito sa mga Pilipino na nagtatransact din using coins.ph. Ginagamit ko din ito everytime na magcacashout ako using this mobile wallet/exchange to remittances usually sa bank kasi tinetake advantage ko din ang free transaction nila ngayon na, FYI, naextend hanggang sa katapusan ng taon na makakatulong talaga since we really need financial support now lalo na at nadaanan ng dalawang bagyo ang probinsiya namin, kelangan ko magpadala ng pera sa kanila.
Insanerman (OP)
Sr. Member
****
Offline Offline

Activity: 1162
Merit: 450


View Profile
November 03, 2020, 11:10:06 AM
 #9

Pagdating naman sa btc/php, andyan na din ang Binance at Kucoin. Pwedeng hindi na ilipat pa yung crypto sa coinsph.

Well, honestly, same lang din ng verification process. AFAIK, kapag gagamit or magtatransact ka with fiat (PHP to be exact), is needed din the KYC, in which same applies sa coins.ph, if and only if you wanted to be verified but then you can still use it without verification. But then with the convenience matter, I'm not too knowledgeable kung may feature ba ang Binance na meron ang Coins.ph such as direct send to various local banks and even other E-wallets, and if you can use your Binance as your wallet per se. Will definitely try Binance soon kapag may budget na Cheesy



Wow. I know na XRP is the best way sa pag receive at pag send ng funds sa coins.ph pero hindi ko alam na ang laki para ng difference pag ginawa mo to. Ang tanong is, may gagawin kaya sila kung mapapansin nila ito? Hindi mo din naman kasi masasabing onti ang difference kung iisipin mong mabuti. 70 pesos, 2 angels burger order nayan sa amin halos.

Siguro wala naman silang changes with this particular 'tipid tip'. Actually, if ever na baguhin nila yon and ibase naman ang price ng XRP sa lowest price nito (di naman kasi masyadong volatile kaya di rin ganon kalaki difference), baka magreklamo na ko Cheesy Kumbaga, at first aware naman sila (sana) noong inimplement nila yung XRP sa system nila, and with XRP having low fee through exchanging any crypto, so I guess malabo.

Haha actually apat na burger yong matitipid mo or makakawalo ka pa, di lang pampamilya, pang sports pa Cheesy



So far I've been using only XRP from exchanges to my coins.ph account kasi nga sa tipid naman din ng fee nito compare sa ibang supported currency na nasa coins.ph, nasa 5 Php lang yung fee from Binance > Coins.ph. If I were you OP try other conversions sa thread mo kasi merong iba na yung narereceive nila isn't usually from BTC for example may user na nakatanggap ng BCH or ETH (since yan lang naman yung other supported cryptocurrency na nasa coins.ph) so is it if best ba na i-convert it through XRP too or directly nalang sa PHP.

Will update this tomorrow dude. Salamat sa curiosity, pati ako napaisip kung ano nga din kalalabasan, but honestly, iilan lang din ata ang gumagamit ng BCH at ETH sa coins, especially ngayong green ang market, no one prefers to hold their money in their wallet. But still, try ko itong suggestion mo tom!



If ever na may suggestions or tips din kayo guys with regards to 'tipid tips' sa ating crypto transactions, keep it coming guys! I'll also try soon PDAX just to compare their transaction matters.
julerz12
Legendary
*
Offline Offline

Activity: 2352
Merit: 1122


Telegram: @julerz12


View Profile WWW
November 03, 2020, 11:52:14 AM
 #10

Uy, nice tip paps. +Merit ka sakin.  Wink
Sa totoo 'lang, 'di ko alam kung bakit 'di ko rin naisip gawin 'to before.  Cheesy
Nakailang direct exchange nako before; BTC to PHP, so, kung siguro inipon ko mga bawas na ginagawa ng coins.ph, malaki-laki narin siguro yun today.  Shocked
Other tip I've read in this forum is to use their exchange directly (coins pro) at dun mag trade.
Bttzed03
Legendary
*
Offline Offline

Activity: 2114
Merit: 1149


https://bitcoincleanup.com/


View Profile
November 03, 2020, 01:15:28 PM
 #11

Pagdating naman sa btc/php, andyan na din ang Binance at Kucoin. Pwedeng hindi na ilipat pa yung crypto sa coinsph.

Well, honestly, same lang din ng verification process. AFAIK, kapag gagamit or magtatransact ka with fiat (PHP to be exact), is needed din the KYC, in which same applies sa coins.ph, if and only if you wanted to be verified but then you can still use it without verification. But then with the convenience matter, I'm not too knowledgeable kung may feature ba ang Binance na meron ang Coins.ph such as direct send to various local banks and even other E-wallets, and if you can use your Binance as your wallet per se. Will definitely try Binance soon kapag may budget na Cheesy
If fiat P2P transactions, yes required nga din ang KYC but the rates though. Kapag sa coins, wala kang choice kundi yung ididikta nila unlike sa Binance/Kucoin na ikaw pwede mag-set ng price na mas dikit sa market rate. Mukhang may sapat na liquidity din naman base sa mga nababasa ko (Binance). Meron din naman coinspro pero ang bagal ng withdrawal process back to coisph account sa experience ko.

Tungkol sa direct send sa e-wallets at local banks, supported and GCash at Paymaya. I'm not sure which local banks na pwede ka mag-direct cashout.

Further readings on Binance/Kucoin P2P:
Adreman23
Full Member
***
Offline Offline

Activity: 1365
Merit: 107


Sugars.zone | DatingFi - Earn for Posting


View Profile
November 03, 2020, 01:23:05 PM
Last edit: November 03, 2020, 10:42:30 PM by Adreman23
 #12

Kung hindi pa naman agad agad kailangan yung pera pwede din esend yung btc sa coin pro tapos set na lang ng sell order mas maganda eto gawin kapag pumping ang btc at gusto mo mag convert sa php pero kung pabagsak ang btc hindi recommended kasi baka maiwanan yung nakaset na sell order. Pero kung need na talaga econvert agad agad ok etong tip ni OP para makatipid sa conversion.
erikoy
Full Member
***
Offline Offline

Activity: 686
Merit: 125


View Profile
November 03, 2020, 02:05:44 PM
 #13

Ang galing mo OP, hindi ko naisip yan ha kasi alam ko na mahal talaga mgconvert ng bitcoin at kung econvert mo ito sa other crypto mas lalo pa syang mahal d ba kasi dadaan na namn sya sa ibang network at may bayad rin para sa mga miners. Ang hindi ko lang lubos na isip bakit mura pa ang mg convert ng bitcoin to xrp. Ano kaya ang dahilan nito? Anyway, sa susunod na mg convert ako ng bitcoin gagawin ko yang ginagawa mu at titingnan ko kung mas makakatipid talaga sa ganyang paraan.
TGD
Hero Member
*****
Offline Offline

Activity: 1288
Merit: 620


Wen Rolex?


View Profile
November 03, 2020, 02:14:53 PM
 #14

Ayos to ah, I will try it later, pero working kaya ito sa malaking amount? I mean alam naman natin na ang rate ng coins.ph ay varies at nagmamarket order lang sila sa exchange once nag convert ka. So if manipis ang order book by the time nag convert ka ng XRP to PHP. Baka ma punta sa kangkongan yung makuha mo na rate of conversion. Pero not sure ako sa theory ko kaya worth it to para I try ang method na ito. Pahupain lang muna natin ang taas ng transaction fee. It Really HuRtzz na kasi. Hahahaha

Salamat OP,
dothebeats
Legendary
*
Offline Offline

Activity: 3654
Merit: 1353


CoinPoker.com


View Profile
November 03, 2020, 05:17:11 PM
 #15

Ayos to ah, I will try it later, pero working kaya ito sa malaking amount? I mean alam naman natin na ang rate ng coins.ph ay varies at nagmamarket order lang sila sa exchange once nag convert ka. So if manipis ang order book by the time nag convert ka ng XRP to PHP. Baka ma punta sa kangkongan yung makuha mo na rate of conversion. Pero not sure ako sa theory ko kaya worth it to para I try ang method na ito. Pahupain lang muna natin ang taas ng transaction fee. It Really HuRtzz na kasi. Hahahaha

Salamat OP,

You can always check first kung lugi ba sa conversion or not. Most of the time kasi, gumagana naman itong ganitong klaseng strategy para makatipid kahit papaano sa fees or makakuha ng extra sa conversion rate. Of course, depende pa rin sa exchange rates at a given point in time itong ganito.

Ganito rin madalas ang ginagawa ko kung gusto kong mag-labas ng pera mula sa aking coins.ph account. As long as yung platform na pupuntahan ng pera ko ay supported and XRP, I would use XRP para mabilis ang transfer at mas mababa ang fee, lalo't mataas ngayon ang tx fee sa bitcoin transfers dahil sa mempool clogs due to high volume of tx sa network.
molsewid
Hero Member
*****
Offline Offline

Activity: 2170
Merit: 530


View Profile
November 03, 2020, 05:34:57 PM
 #16

Gawain ko ito kabayan haha akala ko alam na ng karamihan na nandito kaya hindi pumasok sa isip kong gawaan ng thread ito. Pero buti naman may nagpost na, malaking tulong ito sa ibang hindi pa alam ang ganitong technic. Malaking natipid ko dito dati pa kahit mababa ang fee ng pagpasa sa bitcoin ito ang ginagamit ko para makamura sa fee ng mga exchange kasi yung minimum fee ng iba .0005 btc compare dito sa XRP withdrawal sobrang mura.
bL4nkcode
Copper Member
Legendary
*
Offline Offline

Activity: 2142
Merit: 1305


Limited in number. Limitless in potential.


View Profile
November 03, 2020, 06:33:28 PM
 #17

Minsan mas malaki rate from btc to bch to php naman instead a xrp. Pero kadalasan talaga mas better pag xrp. Check niyo nalang kase depende din sa current exchange rate ng mga coins na yan.
chaser15
Legendary
*
Offline Offline

Activity: 2688
Merit: 1065


Undeads.com - P2E Runner Game


View Profile
November 03, 2020, 09:28:34 PM
 #18

Just want to add, mga kabayan kung malaking amount ang involved at willing kayo mag-wait ng ilang oras sa withdrawal (kasi di na instant ang withdrawal sa coins.pro pero sa deposit is instant), mas ok pa rin ang rate sa coins.pro kung naaccess ito ng mga account niyo.

Sa mga biglaang conversion naman, or need ng instant transaction, pasok na pasok ang subject na ito ni OP.
Theb
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 655


View Profile
November 03, 2020, 11:14:26 PM
 #19

Siguro gawa na rin ito ng discrepancy kung saan bini-base ng Coins.ph yung buy/sell price nila which I think as of now hindi pa nila alam or wala silang magagawa dahil ito yung binigay sakanilang rate, sabihin na natin na parang itong Jollibee na mas makakatipid ka kapag umorder ka ng 1 piece chicken joy with rice and drink at isa pang 1 piece chicken joy with rice and no drink kumpara sa 2 pieces chicken joy with drink at extra rice nila. Pero sa tingin ko may i-implement na naman silang kind of "limit" kung paano i-utilize yung ganito para hindi makapag take advantage yung mga user dahil sila din ang luge dito, and knowing Coins.ph baka may gawin silang ganito in the near future or some kind of adjustment.
maxreish
Sr. Member
****
Offline Offline

Activity: 1330
Merit: 326


View Profile
November 04, 2020, 04:05:52 AM
 #20

So ang mangyayari pala kung may btc ako sa coins.ph account ko, I will convert btc to xrp muna then xrp to php na.
Kaso, what if ang price ng xrp ay mababa? Same pa din bang okay i cv ito to php? However madalas ko din kasi gamitin talaga ang xrp sa mga transactions ko dahil bukod sa mababang fees ay napakabilis pa ng transactions.

Well, sa totoo lang ay hindi ko pa naman nasubukan ang tipid hacks na to pero susubukan ko ang naishare mong tipid hacks, OP. Thanks dito.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!