Bitcoin in Philippines

cryptocurrency 11-20

Bitmarket in Makati is the first in the Philippines to have Skyhook’s Bitcoin vending machine (ATM).

Bitcoin is a “virtual currency” used all over the world, but do you know what it is?

According to Bitcoin.org., Bitcoin is a digital currency that does not go through an institution like a state or a central bank, which means that two people can exchange without going through a bank.

Who invented the new economic form that was just born in 2008? The discussion is still going on, but it is said that the operation was started based on the paper of a person named “Satoshi Nakamoto” (* P2P Foundation registered account name).

◯How is it different from currency?

The difference between Bitcoin and currency is that it is not controlled by the government or banks.

However, like currencies, some can also shop with Bitcoin,

Bitmarket.ph publishes a list of affiliated shops that accept Bitcoin.

◯Where can I buy Bitcoin in the Philippines?

There are many ways to get Bitcoin in the Philippines, but the easiest way is to access Bitcoin exchanges such as coinage, coins.ph and BuyBitcoin.ph.

Alternatively, you can buy PrepaidBitcoin Cards at PrepaidBitcoin.ph.

Cards for P200, P500 and P1,000 are available for purchase.

If for some reason you can’t buy it online, you can also buy it at Bitmarket’s Bitcoin vending machines (ATMs). (Address: Unit 606, GC Corporate Plaza, 150 Legaspi St., Legaspi Village, Makati City)

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