What is Coins.ph?
Have you heard about Coins.ph? Maybe seen their advertisements all over facebook, instagram, youtube and more other social websites. Well, if you wanted to know more about coins.ph and do they actually have a purpose? We will give coins.ph a review and we will rate their services! 😊
I started knowing coins.ph way back 2015. A friend of mine share me the coins.ph referral link that when I signed up with her link and I got to verify my account, we get both 50php or 1$ as a reward!
How To Download Coins.ph?
- You can access coins.ph by clicking this 👉 COINS.PH
- You can also download it directly in GOOGLE PLAY STORE & APPLE STORE
- Sign up / Create Account. Enter your true identity details
- USE MY CODE: 01gaqg (so you can have also 50php by signing up)
- After creating an account. You will be directed to VERIFICATIONS
STEPS ON COINS.PH VERIFICATION
- Level 1 = Phone & Email Verification ~ be sure that you can access both phone number and email address that you enter in coins.ph, as you will need that for your account every now and then.
- Level 2 = Government ID & Selfie Verification ~ I will add here the list of Government ID's that Coins.ph approved and regarding with the Selfie Verification, you should be capturing your face in a well lighted place or room and your id should be readable in the picture so you won't have to do it again when they rejected your Selfie for being blurred, dark or disaligned.
- Level 3 = Address Verification ~ I willl add here the list of Valid Documents for proof of address.
I will also put here why are there level of verification in coins.ph, what it's uses and why do we need to past the verification.
LIST OF APPROVED GOVT ID'S @ COINS.PH
- Passport
- Driver’s License (including Student Permits)
- Social Security System (SSS) Card (date of birth must be visible on the ID)
- Professional Regulation Commission (PRC) ID
- Postal ID (old postal IDs must have a photo of both front and back)
- Voters ID
- Unified Multi-Purpose ID (UMID)
- National Bureau of Investigation (NBI) Clearance
- Armed Forces of the Philippines (AFP) ID
- Philippine National Police (PNP) ID
- Bureau of Fire Protection ID
- Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
- Department of Social Welfare and Development (DSWD) Certification
- Government Service Insurance System (GSIS) e-Card
- OFW ID
- Overseas Workers Welfare Administration (OWWA) ID
- Police Clearance Certificate/ Police Clearance Card
- Seaman’s Books
- National Integrated Bar of the Philippines ID
- PhilHealth ID (PVC-type)
- Alien Certification of Registration/Immigrant Certificate of Registration
For foreign customers, please submit your international passport to comply with Philippine regulations.
For customers aged 14-17, please complete and submit the Parental Consent Form first to proceed with the verification process.Please note that due to local regulations, we can only accept school ID submissions for customers aged 14-17. Hence, school ID submissions by customers aged 18 and above are considered invalid.
LIST OF VALID DOCUMENTS FOR PROOF OF ADDRESS
- Bank statement
- Credit card billing statement
- Utility bill (water, electricity, cable, phone)
- Mobile phone bill
- Barangay Certificate of Residency
- Transcript of records from a recognized educational institution (within 6 months of graduation)
- Mail from a recognized institution (university, government institution, embassy)
- BIR Form 2316
- Insurance Policy Statement of Account
Make sure that the documents you upload are clear and not blurry. The documents should be under your name and the address that is also indicated in your VALID ID and in your coins.ph account and the document should be issued within the last 6 months.
Why do we need to verify our account in coins.ph?
You need to verify your account because a certain level of verification has to do with your cash in and cash out methods.
for LEVEL 1
CASH IN = 2,000 php is the maximum amount to cash in (DAILY)
~ 50,000 php is the maximum amount to cash in (MONTHLY & YEARLY)
CASH OUT = no cash out for level 1 account.
for LEVEL 2
CASH IN = 50,000 php is the maximum amount to cash in (DAILY)
~ 100,000 php is the maximum amount to cash in (MONTHLY)
~ 400,000 php is the maximum amount to cash in (ANNUALLY)
CASH OUT = 50,000 php is the maximum amount to cash out (DAILY)
~ 250,000 php is the maximum amount to cash out (MONTHLY)
~ 400,000 php is the maximum amount to cash out (ANNUALLY)
for LEVEL 3
CASH IN = 400,000 php is the maximum amount to cash in (DAILY)
~ 400,000 php is the maximum amount to cash in (MONTHLY)
~ UNLIMITED php amount to cash in (ANNUALLY)
CASH OUT = 400,000 php is the maximum amount to cash out (DAILY)
~ UNLIMITED php amount to cash out (MONTHLY & ANNUALLY)
If you will use coins.ph as a business or custom cash in and cash out, you may reach out their customer service for that request.
What are the things you can do with COINS.PH app?
- You can buy and sell BITCOINS with them. So if you are entering crypto world and you are currently here in the philippines, well I must say that Coins.ph is the good app to have bitcoins.
- You can send money to other coins.ph app users without charge. Yes! You heard that right, there is no charge to send money or to receive money from other users of COINS.PH app unlike when you go to Remittance Center, you have to go outside the house and pay for the fee for the money that you will send.
- You can buy LOAD using coins.ph app. But I think there is a limit of mobile carrier that they can load. For example, GLOBE, SMART, TM AND TNT AND SUN can buy a load in coins.ph but when I tried my ABSCBN mobile number to buy load, it got rejected. 😟 So that's one point for coins.ph inconvenience.
- You can pay bills here even your monthly government fees like SSS contribution, Philhealth or even paying your NBI Clearance can be done here. But don't expect that coins.ph app has a great service for BILLS PAYMENT. Because it's been 3 or 4 months now that GLOBE BROADBAND can't be paid with coins.ph app as they say that it is temporarily unavailable so that's a no no as many people in our country use that bill.
- You can also buy GAME CREDITS! But I think there are 9 games only that you can buy credits. Sometimes they have a promo that if you buy game credits on a certain date, then there will be like 50% off or sometimes free? Isn't that awesome.
- They do random promos and giveaways especially for people who are new users to their app. And you have to be atleast Level 2 verified to be included on those promos. So again, it's really an important thing to be verified.
- You can also buy eGift Cards if you want to gift someone.
- You can also load your BEEP CARD that you are using in LRT, MRT.
- Ethereum wallet is already up in the coins.ph app, so if you have ethereum you may convert it now to php wallet in just few clicks away.
- Coins.ph also launched the COINS EXCHANGE. So if you are veterans already in crypto, you would know what are exchanges. But if you are new, COINS EXCHANGE is a platform that you can trade your digital coins to other coins or fiat currencies.
What are my dislikes about coins.ph app?
- Cash in methods with them are a little bit inconvenience for me, if you will use the app like for everyday use like paying bills, sending money to friends or family. I think it is very inconvenient that you have to pay fees just to cash in. I think it's about time the coins.ph should have their own type of cash in that doesn't require fees. I mean, why would i rather cash in my money in coins.ph app if there would be fees if I could pay my bills to it's payment center without paying charges?
- I think that ethereum wallets should also be like bitcoin wallets that you don't need to convert and convert everything. Because converting eth to php is like cashing in, and definitely your cash in amounts will be deducted. So, i don't recommend storing ethereum here on coins.ph app cause you can't buy and sell those.
- There are cases that coins.ph app is banning or suspending accounts and i heard that if you get banned, you can never create another coins.ph account again. I think that's a bit unfair for those accounts that has nothing really to do with it. I know that they imply rules or terms and conditions but I think having a lot of send and receive transactions should not be strict as they are promoting that you can send money with them.
MY RATINGS FOR COINS.PH APP is 4/5 stars ⭐⭐⭐⭐
it is because, coins.ph app is still the best app you can use for bitcoins here in the philippines.
credits for images: no copyright infringement is intended
So that's it guys! I hope you enjoyed reading my review about coins.ph app. This review can also be viewed on my blogger account. If you want me to do more reviews or you want to ask questions, comment down below and follow my blog. All votes and resteems on my posts are all appreciated and if you wanted a shoutout to my next post, comment it down also below. For product reviews, event invitations, collaborations, sponsorship, feature, queries, and suggestions. You may send an email at [email protected]
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