I tried to send XRP to one of the gambling sites I'm using, but I was prompted with this message.
Therefore I'm suggesting everyone especially from the Filipino community who are constantly transacting from coins.ph to a gambling site/s or vice versa. The BSP is already monitoring us, and if we submit the information and put a gambling site as a recipient, we might be sanction as gambling is illegal in our country and it's part of the TOS of the coins.ph that sending coins to a gambling platform is prohibited.
you may refer to the complete terms of services of coins.ph.
https://site.coins.ph/user-agreement
Therefore I'm suggesting everyone especially from the Filipino community who are constantly transacting from coins.ph to a gambling site/s or vice versa. The BSP is already monitoring us, and if we submit the information and put a gambling site as a recipient, we might be sanction as gambling is illegal in our country and it's part of the TOS of the coins.ph that sending coins to a gambling platform is prohibited.
you may refer to the complete terms of services of coins.ph.
https://site.coins.ph/user-agreement
Quote
Prohibited Uses include transactions or activities related to:
(c) Gambling: Online gambling, lotteries, casinos and informal gambling, gaming operations, sports betting, and other games of chance and forms of speculation;
(c) Gambling: Online gambling, lotteries, casinos and informal gambling, gaming operations, sports betting, and other games of chance and forms of speculation;
I am aware of this and I'm using Coins.ph to withdraw my funds from my trading but never on a gambling site I read on my social media feed that Coins.ph will question users that have transactions on gambling sites, Coins.ph will question you but on Abra, they will not accept funds coming from a gambling site I have tried sending $50 worth of Tron and I was not credited even though I message them, they point out that they never credited funds coming from the gambling sites.
It's better to trade your coin first before sending it on Coins.ph, Coins.ph is very strict now if you reach your threshold they ask you to upgrade to a business account and you need to provide a license and certificates from the government agency, it's better to limit yourself from using Coins.ph, peer to peer is good option.