Hi all, sorry if this is not in the correct category. I need to send pesos regularly to support family in the Philippines. I check regularly in bisq but there are never any offers BTC > PHP. I would like to avoid any options that require KYC. So far, I’ve been using remittance services that take a huge bite out of the money and report everything. Any advice on getting some filipino locals on here and/or alternatives to remittance services like coins.ph? Thanks!
Hi @vnfjd thanks for the post.
It would be great to have an active BTC / PHP market.
One thing to consider might be what payment methods are popular in the Philippines for sending / receiving pesos. Any ideas what payment methods would be useful for traders in the Philippines?
Hi @Pazza thanks for the reply.
I’m afraid the family and I are only aware of gcash (globe.com.ph) and old fashioned bank account wire transfers (which is likely what we’d need personally). A quick search came up with a couple but the family doesn’t seem to know most of them (in their area - Philippines changes drastically between the 7000+ islands) smart money, dragonpay, juanpay, pesopay, payeasy, MOLpay, weepay, 7 connect…
Thanks for all the info I will have a look into the options you mention.
Any advice on getting some filipino locals on here and/or alternatives to remittance services like coins.ph? Thanks!
It is always hard to start a market on Bisq.
It looks like there have only been 11 BTC/PHP trades to Bisq to date. It would take someone to put up some buy / sell offers up on Bisq to start generating a market and this takes a bit of time. I would be happy to chat to you if this is something you were looking to do?