Philippine-based crypto exchange and e-wallet Coins.ph announced that it has launched its “Coins Access” product, a white-label solution that will allow third-party platforms to offer crypto trading services to their users powered by the crypto exchange’s technology.
“Coins Access is the fastest and easiest way to add crypto trading functionality to an existing app or digital platform with an e-wallet function. By integrating with the Coins.ph platform API, businesses can offer their users real-time quotes, historical price charts, and crypto trading services all within their own app,” the announcement read.
According to Coins.ph, the digital platforms that will avail of the Coins Access Service will be able to give its users the ability to buy, sell, and store more than 20 crypto coins and tokens.
At the time of writing, the cryptocurrencies that Coins.ph offers are BTC, ETH, AXS, SLP, BCH, XRP, USDC, LINK, KNC, MKR, UNI, AAVE, USDT, MATIC, SAND, CHZ, YGG, APE, GALA, ENJ, MANA, LOOKS, BAT, and SHIB.
“Coins Access is the first white-label B2B solution of its kind in the Philippines, and represents a significant opportunity for Coins to continue to deliver on its mission of creating an open financial system by providing everyone with easy access to Web3 and digital assets,” said Wei Zhou, Coins.ph Chief Executive Officer (CEO).
However, despite the availability of crypto trading to its partnered digital platforms, the Coins.ph clarified that it is still the one that will process all the trading activities and will provide institutional-grade custody of all crypto assets held in Coins Access accounts.
During the Conquest 2022 press conference last July 23, 2022, Wei Zhou also revealed the future plans of his company including the goal of onboarding more traditional artists and collectors into the NFT space and building a game center on its app.
Coins.ph also launched its “Redeem Crypto” Service last month, wherein prepaid and postpaid subscribers of Globe can exchange their reward points on GlobeOne app, and is part of the company’s goal to empower Filipinos in their quest for financial freedom.
This article is published on BitPinas: Coins.ph Unveils ‘Coins Access’ Service To Allow Digital Platforms to Offer Crypto
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