How to Earn or Make Money using Coins.ph

in #steempress6 years ago (edited)

Coins.ph has been the leading cryptocurrency wallet here in the Philippines and if you are planning to earn money online aside from Paypal and other online wallets, it is a must that you have this one.

Now, if you do not have a Coins.ph wallet yet, it is time for you to sign up and you can just click this link.

There is no such thing as a FREE method because one way or another you will be investing something. May it be time, money and effort.

coins.ph

Get 50 Pesos immediately once you verified your account to Level 2.


It is important that once you have your Coins.ph account created you verify it immediately up to Level 2. You can go ahead and do so by doing the following.

  • Level 1 - Email verification
    • Using the email address that you registered on the website, you will need to check the message that Coins.ph sent out and click the verification and once you did that automatically you will be level 1.
  • Level 2 - Selfie Verification.
    • For phone verification, you will be receiving a text message on your mobile phone which is connected to your Coins.ph account and you will just need to enter the code that they sent out to their interface. With regards to the Selfie verification, you will need to have a selfie of yourself holding a government-issued ID. You can check the list of ID's that accept here.
Once you did the process, they will review your application and if it approved then you are all set. You are now Level 2 and you will get your 50 Pesos. Also, the reason why you need to verify the account is that not unless you are Level 2, you cannot cash-out your money to their system.

Now, this makes interesting because each time that you refer someone to have their own account and they verified it same as you did, both of you will get 50 pesos sent out to your Coins.ph wallet. It is also the main reason on why some folks are spamming the Buy and Sell groups in Facebook telling us that you can earn money on Coins.ph and mind you this is unlimited earning potential, as long as you have invited and they are verifying their account.

You can Sell Load and Get some Rebates.


For this one, you will need to have some balance in your wallet. Each time that you buy a load, may it be Smart, Globe, Talk n Text, Sun or TM you will get a rebate of 10%. Let's say that you have a friend who will buy a load of 30 pesos after you sent out the 30 pesos load to your friend automatically a rebate of 3 pesos will be credited to your coins.ph wallet.

You can either charge your friend more than 30 pesos for the load depending on the market price in your area. In our place each time that I will buy 30 pesos load they are charging 33 pesos but since I do have my own wallet now, I do not go there anymore and buy load for myself and for the family members.

More rebates on your paid bills.


Each successful payment processed in Coins.ph for your bills like Credit Card, Insurance, School etc. you will receive a 5 pesos rebate. If you will be doing it like a regular payment center every 5 unique bills in one week that you paid using the system, automatically you will receive an additional 100 pesos rebate sent to your wallet.

Earn by Trading BTC/ETH/BCH to PHP or vice versa.


Before it was suggested to do this method, you convert the money in your PHP wallet into Bitcoin (BTC) as the price of the crypto is surging but right now, I am not suggesting it unless you are a risk taker or so. Once you convert your PHP money into bitcoin automatically the value will be different, due to fees the amount may be lower than you are expecting for the exchange. Buying BTC or another currency is higher compared to selling it.

You can either invest that crypto to other sites or just let it sit there until the price of BTC reaches the moon. ( I cannot tell when it will happen though but some folks are saying that around the "BER" months it will go up but as the saying do your own research and invest only on what you can afford to lose because this one is already an investment.)

Do take note that once you convert your PHP balance into other cryptocurrencies in your Coins.ph wallet it will not grow in numbers let's say you left it at 0.001 BTC today it will still be that much after 6 months or so. But it's value may increase or decrease like for example the value of 0.001 BTC is 500 pesos if there was a market increase on BTC in the next months, it might be more than 500 pesos like 700 or more but if there's a decrease in BTC's market value it might be lower than 500.

I do hope that you learned something on this blog post and if you have questions let me know and using the little knowledge that I do know, I will try to answer that.

Till next time!

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