New Bitcoin Exchange in the Philippines Fuels Wider Adoption
Flexslider January 9, 2014 , by admin Comments Off on New Bitcoin Exchange in the Philippines Fuels Wider Adoption 29Bitcoin has gained a lot of controversy in Asia recently. But it’s still quickly spreading around the region. In the Philippines, Bitcoin has now become more accessible through BuyBitcoin.ph, a new online exchange that just launched today.Individuals can now buy bitcoins in the Philippines by depositing cash at over 800 Bank of the Philippine Islands BPI branches in the country. Lasse Olesen, co-founder of BuyBitcoin.ph, says that at the moment, “cash payments are the most secure channel.” But they are still looking to add more payment avenues like online transfers within the year.This can be helpful for the growing Bitcoin community in the Philippines who did not have a dedicated online platform to do Bitcoin trading prior to BuyBitcoin.
via New Bitcoin exchange in the Philippines could set the stage for wider adoption of the currency.
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