Philippine Company Bitcoin Pinoy – The Place For Consumers or Businesses to Acquire, Sell, or Shop With Bitcoin

Philippine Company Bitcoin Pinoy – The Place For Consumers or Businesses to Acquire, Sell, or Shop With Bitcoin

Filipino citizens now have a way to transact with Bitcoin within their own country thanks to registered company Bitcoin Pinoy. Bitcoin Pinoy is owned and operated by Filipinos who have secured American based Angel funding. Bitcoin Pinoy currently supports buying and selling Bitcoins with instant or next day deposits to sellers’ bank accounts and will be rolling out additional capabilities to make transacting in Bitcoin easier, safer and more cost effective.

As founder Faith Tondares explains, Bitcoin Pinoy is committed to serving both the Bitcoin ecosystem and the Filipino economy: “We are honored to help Filipinos join the Bitcoin economy. We offer a secure and reliable method of securing Bitcoin and already have many satisfied customers. Over the next 12 months you will see more services being rolled out and Bitcoin Pinoy continuing to hire.”

The company has already served customers in Manila and across the Visayas. People living in the Philippines can easily buy and sell Bitcoins by completing the simple forms provided on the Bitcoin Pinoy website, then following the payment instructions. The user sends Bitcoins he wishes to sell to a designated address and he will receive a deposit to his bank account the same day or the next business day. To buy Bitcoins, customers would make a cash deposit to the bank account indicated in the instructions and will receive Bitcoins shortly thereafter.

Bitcoin Pinoy is especially helpful to people who need to buy or sell Bitcoins, but do not need to go through a full blown trading platform. Similar to USA-based Coin RNR, Bitcoin Pinoy has a set buy or sell price which fluctuates with the market but which the customer can either take or leave. Bitcoins can be bought or sold with Filipino Pesos (PhP). Bitcoin Pinoy can support customers with a MetroBank, BPI, UCPB or BDO bank account.

Bitcoin Pinoy maintains a blog designed to educate Filipinos on the basics of what Bitcoin is and how it works. Posts include videos on how to get a wallet, how to use a mobile wallet app and how to send and receive Bitcoin.

Bitcoin Pinoy will soon expand to provide support for online merchants who want to accept Bitcoin in payment and other capabilities all designed to make transacting in Bitcoin easier, safer, and more cost effective.

With its easy to use interface for buying and selling Bitcoins with PhP, Bitcoin Pinoy is fulfilling its mission to be the premier platform for Filipinos to buy, sell or transact in Bitcoin.

To learn more about Bitcoin Pinoy please go to: http://www.bitcoinpinoy.net/


Related News

Philippine Central Bank to Place ‘Hard Regulations’ on Bitcoiners

Reuters has reported that the Philippine central bank is becoming a big proponent for cyber security and may soon regulate Bitcoin operators located within the region. Philippine Central Bank says Cyber Security is a Focus. A senior official told press that banks need better defenses after the wake of the recent SWIFT and Federal Reserve breaches.....

Bitcoin Shop CEO: We Plan to Be a Universal Bitcoin Solution

Charles Allen is the CEO of Bitcoin Shop, a publicly traded US bitcoin company that leverages Amazon's affiliate program to sell a wide selection of e-commerce products for bitcoin, litecoin and dogecoin. Bitcoin Shop is now seeking to expand its industry goals, recently making strategic investments in key partners, including California-based bitcoin buying service expresscoin and digital currency processor GoCoin, with the goal of using e-commerce to build a universal bitcoin company. Allen recently spoke about his company's ambitions at The North American Bitcoin Conference, held last....

Popular Philippine Mobile Wallet Gcash Explores Letting Users Buy, Sell, Stor...

A popular mobile wallet in the Philippines, Gcash, is considering offering its users the ability to buy, sell, and store cryptocurrencies on its platform, which reportedly has 40 million users. The company’s CEO says 40% of Filipinos now have a Gcash account. Gcash Considers Offering Crypto Trading and Storage Services Philippine mobile wallet Gcash is exploring adding cryptocurrency to its portfolio of financial products and services, The Philippine Star reported this week, adding that the platform has over 40 million users as of the end of April. Through the Gcash app, users can....

CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Tr...

After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed the acquisition will take place. Binance Set to Acquire FTX After Drawn Out Confusion On Nov. 8, 2022, Binance CEO Changpeng Zhao (CZ) revealed that his company would be taking over FTX. “This afternoon, FTX asked for our help,” CZ wrote. “There is a significant liquidity crunch. To protect users, we signed....

Bitcoin in Business: Why don’t most Businesses Accept Digital Currency?

Bitcoin is in a unique place right now, it has the ability to help businesses increase their revenue and decreases transaction fees paid for point-of-sale transactions. Many businesses have started to accept Bitcoin payments for goods and services, but many still don’t — despite the number of Bitcoin payment processing companies that allow businesses to convert Bitcoin to fiat currency instantly to avoid market fluctuations. So why do most businesses in the world still continue to operate without Bitcoin? There are many factors that determine if a firm will accept Bitcoin. The largest....