3 Major Bitcoin Platforms in Philippines, Efficiency Comparison Test

By August 25, 2016Bitcoin Business

The Philippines has one of Asia’s most sophisticated and complete Bitcoin platforms which enables users to settle any money-related bills, payments, and transfers with Bitcoin. Bitcoin platforms, including Coins.ph, BuyBitcoin.ph and Rebit.ph, are extremely popular in the Philippines because of their simple user interfaces and cost-effective services. CoinTelegraph has used, tested, and evaluated each platform and here is a detailed review of the top three Bitcoin platforms in the country. Coins.ph Users rank Coins.ph as one of the best and well-rounded Bitcoin applications globally, due to its connections with local banks, remittance networks, corporations, and merchants which enable users to do pretty much anything with Bitcoin. Coins.ph allows users to settle utility bills, pay tuition fees, credit card payments, purchase mobile credits, and purchase and sell Bitcoin through remittance branches, ATMs and banks. Coins.ph pay bill One of its most intriguing services is the 24/7 cardless ATM Instant Payout, which allows users to cash out Bitcoin at the nearest bank ATM at any time of the day without transaction fees. Users can literally visit any bank ATM located in the Philippines and cash out their Bitcoin without any additional processes. A mobile pin number and authentication code sent to your email is all that is needed. Originally, Coins.ph debuted as a Bitcoin-based remittance network. To this day, Coins.ph continuously improves its remittance services to make it easier for families and friends to receive payments. The majority of employees in major cities like Manila or Cebu support their families in the provinces with the salaries they receive. The most common method of sending payments around the country is the Lhuiller remittance network, but it charges substantially higher transaction fees and it is difficult to access for those families living in the countryside. Coins.ph created a service called Door-to-Door Delivery, specifically […]

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