Wednesday, August 10, 2016

BitCoin Digital Wallets: Coins PH




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Coins PH is a digital wallet from the Philippines.   It is an app that allows the user to store and manage their Bitcoin and Philippine Pesos.  Users are also able to pay their utilities, get a load for their cellphone, pay their insurance or social security, and so many other transactions.  They have the ability to send funds to each other, a peer to peer remittance, with no high fees involved. 

Imagine taking care of all your transactions in the comfort of your home.  Not having to travel to so many places and then standing in line.  It's almost a whole day affair.  So many businesses have partnered with Coins PH or will be soon to have their customers enjoying their day and family time with technology at their finger tips. 

Get PAID using Coins PH.  Yes, Coins PH pays referrals to you, the user, when you invite your friends and family members to use Coins PH.  They have to activate their account using the invitation link you send them. 

How would you like to get rebates for paying your bills via Coins PH?  I've seen promos for "UP to 30% rebates"  for users if they pay their bills using Coins PH.  Even depositing funds will get you more pesos in your wallet.  But be cautious, the promos are limited.  But the good news is, there will be another promo soon. 

Many businesses are slowly catching on to the Bitcoin Phenomenon.  They are able to send large amounts of funds from one person or business to another person or business.  Whether it is next door or on the other side of the globe. 

My wife and I have family and friends who are OFW's in Saudi Arabia, Dubai, Malaysia, Hong Kong, Japan, USA.  We introduced them to Coins PH just to share the technology.  They now use Coins PH to send funds to their families in the Philippines.  Another friend in Manila, incorporated it to her business to help her customers pay their bills via Coins PH. 

What if you're in a foreign country doing work for a contractor.  An emergency happens back home in the Philippines and your family needs X-amount of funds.  It's late at night when you get the call.  So most brick and mortar remittances are closed.  Even in the morning if you try to send funds, the fees are really high.  But your family needs the funds to pay a deposit to the hospital.  (I personally feel that in itself is a crime, to withhold emergency care due to no deposit).  You'll pay a huge fee on your end, and the Philippine government will collect a "small" percentage on the receiver's end. 

Using a digital wallet like Coins PH alleviates those fees and taxes.  It's peer to peer.  You'll be able to send funds in Bitcoin or fiat (depending on the wallet) to your family.  What I like about Coins PH and most digital wallets are following their example, is the ability to convert bitcoins to fiat currency in the wallet app. Then you can send it to an ATM or bank account to retrieve the funds.  Disclaimer here:  You will still be charged a conversion fee by the bank when you buy Bitcoin using your checking account. 

Coins PH is my, and my wife's, favorite digital wallet that we use in the Philippines.  I also have and have used other digital wallets, like Circle, Coinbase, Blockchain, CoinJar, Xapo, Airbitz, etc.  

Yes, if you are in any other country aside from the Philippines.  You should be able to use Coins PH to send Bitcoin to your family in the Philippines.  You could actually use other digital wallets as well.  You just need their QR Code.  It looks like this:  

Please feel free to scan and send some Bitcoins.   All Bitcoins are considered donations.


Click on the links above if you'd like to get a Coins PH or Circle Wallet.  Be part of the Bitcoin Industry.  Use Bitcoins.  Make it convenient for yourself. I use Expedia to book my flights and hotels when I travel.  They allow me to pay them in Bitcoin.  I also get a discount when I do...sometimes. 



Esta.  

Keep Smiling.   



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