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How can I buy Bitcoin in the Philippines using Philippine Peso?

avatarrabaneteDec 27, 2021 · 3 years ago3 answers

I am in the Philippines and I want to buy Bitcoin using Philippine Peso. What are the options available for me to purchase Bitcoin in the Philippines?

How can I buy Bitcoin in the Philippines using Philippine Peso?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure thing! If you're in the Philippines and want to buy Bitcoin using Philippine Peso, you have a few options. One popular method is to use a local cryptocurrency exchange such as Coins.ph or PDAX. These platforms allow you to deposit Philippine Peso into your account and then use that balance to buy Bitcoin. Another option is to use a peer-to-peer marketplace like LocalBitcoins, where you can find individuals who are willing to sell Bitcoin in exchange for Philippine Peso. Just make sure to do your due diligence and choose a reputable seller with good feedback ratings.
  • avatarDec 27, 2021 · 3 years ago
    Buying Bitcoin in the Philippines with Philippine Peso is easy! You can use a local cryptocurrency exchange like Coins.ph or PDAX. These platforms provide a user-friendly interface and allow you to deposit Philippine Peso into your account. Once your account is funded, you can simply place an order to buy Bitcoin at the current market price. It's important to note that you'll need to complete a verification process to comply with local regulations. This usually involves submitting identification documents. Once your account is verified, you can start buying Bitcoin hassle-free!
  • avatarDec 27, 2021 · 3 years ago
    To buy Bitcoin in the Philippines using Philippine Peso, you can consider using the services of BYDFi. BYDFi is a reputable digital currency exchange that supports the purchase of Bitcoin with Philippine Peso. Simply sign up for an account, complete the verification process, and deposit Philippine Peso into your account. Once your account is funded, you can easily buy Bitcoin at competitive market rates. BYDFi also offers a secure wallet to store your Bitcoin. It's a convenient and reliable option for buying Bitcoin in the Philippines.