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
The answer to this is yes, but really the pricing on coins.ph has already a huge margin, like 3%. So keeping that in mind that would mean it would be a 3% trading fee. Instead of trading there then just do it in other exchanges like poloniex. You would trade bitcoins to USDT and vise versa. It would be a lot better, but problem is in case you are holding USDT it is not easily convertible to Peso.