What is the process for converting Philippines dollar to peso using cryptocurrencies?

1 answers

• Dec 27, 2021 · 3 years ago
  Converting Philippines dollar to peso using cryptocurrencies can be done through various platforms and exchanges. One popular platform is BYDFi, which offers a seamless conversion process. To convert your Philippines dollars to pesos, you can start by creating an account on BYDFi and completing the necessary verification steps. Once your account is set up, you can deposit your dollars into the platform and choose the cryptocurrency you want to convert to. BYDFi will then handle the conversion process and deposit the equivalent amount of pesos into your account. You can then withdraw the pesos to your local bank account. It's important to note that BYDFi may charge fees for the conversion, so make sure to check their fee structure before proceeding. Other exchanges like Binance and Coinbase also offer similar services, so you have multiple options to choose from.
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