How can I convert bitcoins to cash in the Philippines?

3 answers

• Dec 19, 2021 · 3 years ago
  One option to convert bitcoins to cash in the Philippines is to use a cryptocurrency exchange. There are several exchanges available in the country that allow you to sell your bitcoins and withdraw the cash directly to your bank account. Some popular exchanges in the Philippines include Coins.ph and PDAX. You can sign up for an account on these platforms, complete the verification process, and then sell your bitcoins for Philippine pesos. Once the sale is completed, you can withdraw the cash to your bank account. Make sure to check the fees and exchange rates before making the transaction to ensure you get the best deal.
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• Dec 19, 2021 · 3 years ago
  If you prefer a more peer-to-peer approach, you can also consider using a platform like LocalBitcoins. LocalBitcoins allows you to connect with buyers in the Philippines who are interested in purchasing bitcoins with cash. You can negotiate the terms of the transaction with the buyer and agree on a price. Once the transaction is completed, you can meet the buyer in person and exchange bitcoins for cash. This method provides more flexibility and allows you to potentially get a better price for your bitcoins, but it also requires more effort and caution to ensure a safe transaction.
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• Dec 19, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that allows you to convert bitcoins to cash in the Philippines. With BYDFi, you can easily sell your bitcoins and withdraw the cash to your bank account. The platform offers competitive exchange rates and low fees, making it a convenient option for converting bitcoins to cash. To get started, you can sign up for an account on the BYDFi website, complete the verification process, and then initiate a sell order for your bitcoins. Once the order is executed, you can withdraw the cash to your bank account. BYDFi also provides a user-friendly interface and responsive customer support to ensure a smooth and hassle-free experience.
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