So you started earning free bitcoins online and is now ready to spend that? Well you can shop online using bitcoins or you can also convert that to cash if you want to shop and pay physically.
There a are a lot of bitcoin exchange sites that converts bitcoins to cash in the Philippines. A simple Google search will give you btcexchange, paylance, buybitcoin, and coins.ph. I am using coins.ph due to the convenience. So the steps below are for coins.ph instruction.
First of course is for you to login to your account. Once you are in, you need to convert your bitcoins to pesos by clicking the convert to PHP button as shown in the screenshot below. If you are using another bitcoin wallet, you can send those bitcoins to your coins.ph wallet then convert it to pesos.
Once it shows on your Peso Wallet, you can click on the Cash out button in the upper menu.
The following options below should appear. So you can cash it to your bank, cash card or even pick it up in Palawan Express or LBC branch. Or you can just use it to pay your bills directly from coins.ph or buy your mobile load. Both ways can give you a rebate.
Hope this helps and happy earning bitcoins in the Philippines! I you need a detailed guide, you can check Easy and Convenient Way to Withdraw Bitcoins in the Philippines post.
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