Hello guys..I'm just curious if we can use coins.ph as a trading platform...Are you guys convert your php balance when BTC value is low and wait to go high then convert it to PHP again if you think the value of BTC is going down?thanks
Setting aside fees...
...you are dealing with coins.ph directly when you are doing trades there. In the past where bitcoin price is sitting under $500, you may consider doing trades there but today it's not recommended now due to the current bitcoin so expect a large gap for buy and sell. That is mandatory for a local exchange as part of business plan. If you still want to pursue doing trades there then try it and see for yourself what is the result.
Just used their services since no doubt coins.ph gives lots of benefits for PH users on how will they used their bitcoin. It also touches lots of local payment system for much less hassle deposits and withdrawals.