How can the cryptocurrency community in the Philippines navigate the challenges caused by the halt in accepting crypto license applications?

3 answers

• Nov 28, 2021 · 3 years ago
  As a cryptocurrency enthusiast in the Philippines, it's important to stay informed about the latest developments regarding the suspension of crypto license applications. Keep an eye on news and official announcements from regulatory bodies to understand the current situation and any potential changes. Additionally, consider exploring alternative avenues for cryptocurrency transactions, such as peer-to-peer trading platforms or decentralized exchanges. These platforms may not require a license and can provide a viable option for buying and selling cryptocurrencies. Remember to exercise caution and conduct thorough research before engaging in any transactions.
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• Nov 28, 2021 · 3 years ago
  Hey there, fellow crypto enthusiasts in the Philippines! The recent halt in accepting crypto license applications might seem like a setback, but don't lose hope. One way to navigate this challenge is by joining local cryptocurrency communities and forums. Connect with like-minded individuals who can share their experiences and provide guidance on alternative methods for trading cryptocurrencies. Additionally, consider exploring international exchanges that are open to users from the Philippines. While it may require some extra effort, it can be a great way to continue your crypto journey.
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• Nov 28, 2021 · 3 years ago
  At BYDFi, we understand the concerns of the cryptocurrency community in the Philippines regarding the suspension of crypto license applications. While we cannot directly address this issue, we encourage you to explore other opportunities within the cryptocurrency ecosystem. Look for decentralized finance (DeFi) platforms that do not rely on traditional licenses. These platforms offer various financial services, including lending, borrowing, and trading, without the need for centralized authorities. Embrace the decentralized nature of cryptocurrencies and explore the vast possibilities that lie beyond traditional exchanges.
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