What is Bitcoin?
Bitcoin is the trending Internet based currency, invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses its own unit of account, also called bitcoin.
About Coins.ph Coins.ph is a money transfer platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. Built on blockchain technology, it is mobile-first and fully focused on emerging markets.
As a blockchain-based service, Coins.ph has numerous advantages over traditional providers, including low variable costs, quick onboarding, and no minimum deposits or monthly fees. The startup aims to use digital currency as a low cost gateway to banking, speeding up financial inclusion in the Philippines and Southeast Asia.
Coins.ph awesome features:
With Bitcoin, your customers can checkout online, even if they don’t have a credit card or bank account
0% processing fees – Pay 0% fees on all transactions
Instant billing – Stop losing customers on the way to the bank or waiting for COD
No chargebacks – All Bitcoin payments are non-reversible
No currency risk – Receive the exact amount of local currency that you price your products at, guaranteed
Next day settlement – Settlement in your local currency by the next business day
Easy integration – Simple, intuitive API for e-commerce applications