How to trade bitcoins using coins.ph

Even if certain aspects of crypto may require a learning curve, having it bought, stored, and used should not be too complicated. Here are five of the ways people can purchase Bitcoin and get into crypto without fees. However, before you can move forward, you need to become aware of which Bitcoin you desire to purchase. One way you can directly buy is to get connected with a seller through a peer-to-peer platform similar to local Bitcoin.

Here, buyers can choose from different payment methods like cash-in-person, bank transfer, and PayPal. It can even be possible to have goods traded for crypto using the site.

Every user may have various rates and offers. Ensure that you select a seller that provides a great price with a good history of trades that he completed and an excellent reputation. The Bangko Sentral ng Pilipinas has decided to avoid regulating virtual currencies such as Bitcoin.

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BSP has rather focused on regulating these cryptocurrency exchanges to prevent money laundering. Compared to other countries — like Vietnam, India, Russia, and China — that made cryptocurrencies illegal,, the Philippines holds a progressive stance. If you want to have your money earned from profit or gains into your GCash account, there are numerous options to cash in. You may even use bank transfers from any bank application so you can fund your G-XChange wallet through Instapay.

Among the private, direct, and more rewarding ways anyone can purchase bitcoin is to transact with a seller directly. That person can either be an acquaintance or a well-known friend who lives nearby. It can even be a person that you met at a meeting on Bitcoin as he wants to have his crypto sold for cash. We recommend local meetups on Bitcoin in places where people connect with others over their interest int crypto. Members usually want to trade when they attend meetings.

While not a lot of people in the Philippines, especially those outside urban areas, hold such meetings, you also need to safely become aware of the best tips and practices to deal with cryptocurrency in-person. Using a credit card is among the easy ways people can purchase bitcoin.

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People can do this through Bitcoin. People can choose to buy either bitcoin cash or bitcoin core. This buy option has a set service fee charged, but it allows convenient and quick transactions.

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Also, the only thing you often need is an email address. Pero kung satoshi, yes kasi bitcoin din naman yun.

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First step is pinapadownload po ang coins. Panu po ba sumali? Kasi not enough space po ang cellphone KO. Diko po madownload ang coins. May app ang coins. Good evening! Ask KO lang po kung member ka na ng coins. Para daw sa kita yun. Most websites out there are scams — Ponzi Schemes to be specific. These sites promise you daily BTC withdrawals by investing in them. They initially pay for the first few days and disappear just like that taking the rest of your money.

I advise you avoid anything that sounds too good to be true. The rest are just scams. Take due diligence before investing your time and hard-earned money. Good luck. Good morning…. Thank you for the information. Can I invite a friend who is working abroad? And how they can send money from there? Where they should pay? Yes you can. Check their FAQ for the list of available banks and other partner establishments. Done signing-up using your referral code. Although not so familiar with this, magandang masubukan na din. Hi Edwin. Will you be trading BTC or hodl lang? Trading bitcoins is risky, you need technical analysis skills for that.

Good luck in your digital currency journey. Good Day. Ask lng po kung sino dito may experience sa coinage.

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Gusto ko po kasi try mag trade. Di ko pa naranasan gumamit ng services nila. Pakicheck na lang itong link na ito. Interesado sana akong mag-sign up sa coins. Marami akong nabasa sa Facebook page ng coins. Ano kaya ang mga dapat or hindi dapat gawin sa paggamit ng coinsph para maiwasan ko rin ang bad experiences na ito? Ang isang importante sa lahat eh wag sasali sa mga bitcoin ponzi schemes, bawal yun sa TOS nila.

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And iniiwasan din nila na magamit ang services nila sa money laundering. Gamitin lang natin siya kung paano siya dapat gamitin e. At kung gusto naman kumita, gamitin ang referral code at magrefer ng gusto gumamit ng services nila. About sa mga cinash out na money, may support naman sila and maganda kung matawagan sila through phone.

And always keep a record kung kailan nagfollow-up. As a customer hindi naman masama magcomplain lalo na kung mabagal ang pagsagot nila sa mga queries. Lastly, wala ako problem sa coinsph. I see, so most probably yung mga naka-experience ng deactivation ay dahil sa bitcoin ponzi schemes or other scams, if I understood it right? Maliban po kasi sa plano ko itong gamitin as a means for paying bills or buying load, nais ko rin sanang magtrade sa BTC.

Small amount lang naman. Then the cycle goes on. Pwede ko po kaya iyong gawin sa coinsph? You can trade BTC pero consider the risk. Tsaka sa ngayon malaki ang spread eh. If not, please also consider it. Sa ngayon downtrend ang BTC dahil diyan sa anticipated event na yan. If ako tatanungin, holding is much better than trading.

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Buy when price dips. Malakas ang conviction ko na BTC will increase in value overtime kasi game changer ito. Yeah, I know it is risky, kaya maliit lang po muna ilalagay ko habang pinag-aaralan ko. I will research it now, thank you for informing me. Hindi natin masasabi yan. Puwede ngayon kasi puwedeng after ng fork maging okay na ang price umangat bigla. Puwede din hindi kasi baka bumaba lalo ang price dahil sa fork.

This is speculation — marami factors na puwede mangyari. Hi i am new to coinsph.. I think you can already refer your friends the moment you signed up kasi may personal link ka na agad na puwede i-share. What I did is nagverify lang ako then I used it for some purchases.. Then nagstart na lang din ako magrefer as a side income. Should i fill-up the deposit slip or the bills payment slip? I have tried a few times, but their machine mostly goes offline and it takes time to wait it to function again.

Hi Cha, follow this guide. You may reach their support for more questions regarding that.