Hello, everyone.
Is there any Philippines bitcoin exchange aside of coins.ph?
For example I have a friend want to buy 20m worth of btc? Where should he go in the Philippines?
Thanks for your advices.
Are you serious sir?. to add confidence from the answer above. coins.ph is the most used exchange here and you need to have a verified account to increase your purchase and selling power.
In localbitcoins.com look for reputable seller. I saw one there that can handle 1 - 2 million pesos worth of bitcoin for sale. Just do your transaction in person and inside a bank or mall for added security.
i dont think arbitrage is good here in the Philippines because the price difference is relatively small maybe in india or zimbabwe it is applicable.
good luck.
If you do transaction in bank which above 500k Php, you will be subjected to interview with there branch Manager (unless well known VIP ka sa bank) at kong sasabihin mo sa Manager na about bitcoin ang transaction nyo, 90% chance eh foforce close ang account nyo. Bakit alam ko? kasi nagttrabaho ang wife ko sa bank and marami na syang na share na mga client na close account dahil sa bitcoin