Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets

NEWS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are trying to find methods to transform their digital properties into cash at a cost effective rate.

The Central Bank of the Philippines has actually taped P76 billion (US$ 1.5B) worth of deals processed by regional virtual currency exchanges (VCEs) in 2020, which is 5 times greater than the deal volume in 2019.

Moneybees, the leader of non-prescription crypto (OTC) exchange in the Philippines, is altering the face of crypto deals as it makes it possible for both OTC and online deals to exchange cash and cryptocurrencies on the area more easily. With Moneybees, cryptocurrency holders can transform their digital properties into cash without fees and get the funds within 10 minutes.

What is Moneybees?

Moneybees permits you to purchase and offer significant cryptocurrencies such as bitcoin and Altcoins like Ethereum, USDT, Chainlink, Uniswap, to name a few, at government-licensed Moneybees Partner Outlets without needing to go through an online exchange.

Moneybees is a significant benefit to:

  1. Foreigners who put on’t requirement to open a Philippine online exchange account simply to encash their bitcoins.
  2. Online traders who utilize exchanges that put on’t have a PHP cash-in and cashout function. OTC is also ideal for novice traders who wish to negotiate with a genuine individual to develop trust.
  3. Overseas Filipino Workers Remittance has actually frequently been a major issue for OFWs. Cryptocurrencies like Bitcoin make it easier to send cash to your enjoyed ones that are lacking significant deal fees. Thanks to its versatility and cost, OFWs, regional receivers, and merchants alike grew to embrace its use.

If you are an OFW, you can develop a crypto wallet and purchase and keep crypto there. After that, you can send out that crypto to your enjoyed one’s crypto wallet. Your enjoyed ones can then exchange the crypto into cash in any of the Moneybees OTC outlets within Metro Manila.

Wallet-wallet and bank-to-bank deals:

Moneybees makes it basic to exchange crypto and Philippine Peso (PHP)

PURCHASING CRYPTO: You turn over the payment, Moneybees sends out the crypto straight to your favored crypto wallet.

OFFERING CRYPTO: You send your crypto to Moneybees, and you get Peso in cash or straight to your checking account.

This makes Moneybees the very best method to cash in and squander of your online crypto exchange account. You avoid the fees and the inconvenience.

Key Features:

EASY – Buy and offer virtual currencies, much like how you purchase and offer foreign currencies in a physical cash exchanger shop.

SECURE -Transact in person with Moneybees relied on partners to offer you the comfort that your deal will undoubtedly be finished prior to leaving the store situated in Malls and Casinos.

CERTIFIED – Moneybees just partners with organizations with government-required licenses to guarantee your deals are safe and protected. Moneybees is appropriately signed up with the Central Bank of the Philippines and the Anti Money Laundering Council (AMLC) as a Remittance Agent with Virtual Currency Exchange (VCE) services.

HIGH LIMITATION – Customers have a greater everyday limitation which depends on Php 5 million (US$ 100,000) each day.

Buy and Sell Remotely by means of Online Trading Desk

Due to the closure of shopping centers and other non-essential facilities, Moneybees has actually introduced an Online Desk to serve its faithful clients constantly. You can go to Find the chat box and send out a message to Moneybees customer care. They will facilitate your deal of purchasing and offering crypto. Proceeds will be either sent out to your bank (when you are offering) or to your favored crypto wallet (if you are purchasing) such as Bitscoins.internet, Binance wallets, to name a few.

Find us on the following Moneybees Outlets:

Monteal Money Changer

Mondays to Saturdays: 10am-6pm

3/F Venice Grand Canal Mall, Mckinley Hill, Taguig City

Psulit Money Changer

Mondays to Fridays: 10am to 7pm

Saturdays, Sundays and Holidays: 10am to 6pm

Unit 11-D ground flooring, Intrepid Plaza C-5 corner Eastwood Avenue, Bagumbayan, Quezon City

Willyn Villarica Jewelry

Mondays to Saturdays: 11:30 am to 5:45 pm

Sundays and Holidays: Closed

Stalls 335/336, 3rd Floor, Market Market, BGC, Taguig

Erus Maerd Pawnshop and Money Exchange

Wednesdays to Saturdays: 10:00 am-9:00 pm

G/F Newport Mall, Resorts World Manila, Pasay City

Tivoli Money Exchange – Glorietta

Store Hours: 10:00 A.M. – 7:00 P.M.

B1, Glorietta 2, Ayala Center, San Lorenzo Village, Makati City, 1224 Metro Manila

Tivoli Money Exchange – Trinoma

Store Hours: 10:00 A.M. – 7:00 P.M.

M1, Trinoma, EDSA corner North Avenue, Quezon City, 1105 Metro Manila

Tivoli Money Exchange – Okada Manila (VIP Area)

Store Hours: 24-Hours.

Retail Unit A-23, Upper Ground Floor, Okada Manila, New Seaside dr., Parañaque City, 1701 Metro Manila


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This is a news release. Readers ought to do their own due diligence prior to taking any actions connected to the promoted business or any of its affiliates or services. Bitscoins.internet is not accountable, straight or indirectly, for any damage or loss triggered or declared to be triggered by or in connection with making use of or dependence on any material, products or services discussed in journalism release.

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