13 Jan '14, 6am

BuyBitcoin.ph: A Philippine Bitcoin exchange arrives:

BuyBitcoin.ph: A Philippine Bitcoin exchange arrives:

BITCOIN IN THE PHILIPPINES. BuyBitcoin.ph wants to be the Philippines' place for Bitcoin exchanges. Graphic from BuyBitcoin Facebook MANILA, Philippines – Philippine Bitcoin enthusiasts will be pleased to know that a Philippine Bitcoin exchange, BuyBitcoin.ph, is now available for use. The site lets users buy and sell Bitcoins – a form of decentralized digital currency – and appears to be positioning itself as an alternative remittance service. Overseas Filipino Workers (OFWs) can use the exchange to do faster conversions of money, turning bitcoins into cash that can be picked up by relatives in the Philippines. (READ: What do bitcoin and remittances have in common? ) To do this, users can sell Bitcoins on the service. The sell order lets you choose a Bank of the Philippine Islands (BPI) , Metrobank, or BDO account to send the money to. Once a user sends his Bitcoin to a g...

Full article: http://www.rappler.com/technology/news/47845-philippines-...

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