Deposit cash in coins.ph via Seven Eleven store is very easy. Follow the instructions below if you want to cash in Coins.ph using 7-11 store.
I hope you understand that converting cash to Bitcoin BTC or Ethereum ETH in coins.ph is not required if you are not sure what you are doing. You may lose money when converting cash to bitcoins in coins.ph because no one can predict the value of Bitcoin and Ethereum!
I am using Coins.ph since 2017 and I have converted Bitcoins to Philippine peso many times and withdrawn all my funds via Cebuana Lhuillier. This time, I will teach you how to fund your coins.ph account using seven eleven (7-11) store.
Deposit Cash in Coins.ph via Seven Eleven Store (7-11 to Coins.Ph)
I have a story to tell. Last June 11, 2018. I want to participate in ICO. I want to buy tokens but my MyEtherWallet account is empty on Ethereum (use to buy Tokens and fees for gas transactions). Note: Gas transactions are not the usual premium, unleaded gas you use in your car! This has something to do with Ethereum and ERC20 compatible tokens transactions!
Step 1. I immediately opened my Coins.ph account in my mobile. Coins.ph app is available and transact with ease!
Step 2. I choose “CASH IN”. Then select 7-11 as my payment option.
Step 3. I fill up the form such as the amount to “cash in”. Type Philippine peso amount (example: 700) and you can see the total amount to pay in 7-11 store.
Step 4. Coins.ph will generate a bar code for you to use in paying your “cash in” request. Copy the bar code. Make a screenshot and go to seven eleven store!
Step 5. Show the bar code to seven eleven 7-11 store cashier and pay the total amount plus charge in 7-11.
Step 6. You will receive a confirmation via email and SMS (phone number linked in your coins.ph) about your “cash in” request.
Step 7. Check your peso wallet balance!
That’s how I request a cash in payment in my coins.ph account through seven eleven (7-11) store. In under 5 minutes I completed the transactions because there are 7-11 stores almost anywhere! And the good thing is even at 1 o’clock in the morning, you can cash in through 7-11 stores!
What about cashing out? It is also easy to withdraw your funds in Coins.ph. if you have bitcoin and ethereum coins, convert them into Philippine peso. Then request “cash out”. Fill out the form and submit!
Coins.ph Guide: Withdraw Funds in Coins.ph Using Cebuana Lhuillier Remittance Services
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