TOP > Shop > Here are the Exact Bitcoin ATM Locations in PH
January 29, 2019 Updated

Ever wondered if there are ATMs that can dish out BTC in exchange for our cold cash – and vice versa? Find out where they are located in this article!




Bitpinas. A lot Filipinos are now becoming aware of bitcoin. With its popularity comes innovation, did you know that we can now easily trade our cold cash (fiat) to BTC or BTC to cash using the Bitcoin ATM located in the heart of Makati? I actually didnt know.

Ways to purchase BTC in PH

There are a number of ways to exchange fiat to BTC and vice versa. One of the most common and easiest is getting an app like Coins.ph or Abra and then transferring the money from your bank to theirs, or loading via 7/11 Cliqq Kiosk. Same as “cashing-out”, you can have them transfer to your bank, get it from an affiliated pawnshop, or via GCash.

Bitcoin ATM Philippines

Boasting as the first two-way ATM in the Philippines, Filipinos can already instantly convert their BTC to cash and vice versa in Makati.

Exact Location

Sunette Tower Hotel

Durban St., Makati, Metro Manila, Philippines

Coins Supported

The only crypto-coin supported is Bitcoin. You can always check the current BTC to PHP price on this page. Also, it seems a 4% top up on the price is added as fee.

Why do I need to use it?

This is a good question considering there a lot of ways for you to exchange your fiat to BTC and vice versa. The good thing about this Bitcoin ATM is it’s fast, especially if you’re going to transact BTC to fiat. No more waiting until the banks cleared the transaction, waiting in line, or doing KYC. You just need your QR code, press the amount, wait for your cash and you’re done.

This Bitcoin ATM is also helpful for Filipino Balikbayans and even foreigners. You can instantly have Philippine peso without the hassle of looking for a money changer, doing KYC, signatures, exchange rates, they just need their BTC and their QR Code. Of course, it also helps if you’re in Makati.

Other Bitcoin ATM

There is another Bitcoin ATM that was launched in 2014 by Bitmarket.ph under Satoshi Citadel Industries. It is the first Bitcoin ATM that can do PHP to BTC conversion. It is small, light and can go mobile. BTC enthusiasts just need to insert paper PHP money like how vending machine works and it will process it into BTC towards their wallet.

Location

Unit 606, GC Corporate Plaza, 150 Legaspi St., Legaspi Village, Metro Manila Philippines 1229

Overall

These visible Bitcoin ATMs in the Philippines can help invoke cryptocurrency awareness to the Filipino people. Having an easy BTC = PHP conversion is just secondary. As soon as there are a lot of people using the cryptocurrency, this may equal to big opportunities and acceptance. If bitcoin and cryptocurrency get widespread acceptance, there might be more bitcoin ATMS in PH in the future!

Read More:

Useful Resources:

Notes and Disclaimer:

  • If you like what you read here, please consider subscribing to our newsletter! Follow Bitpinas at Telegram.
  • For press release, sponsored content, and other advertising options, click here.
  • Invest in bitcoins (or in any altcoins) only the amount you can afford to lose!
  • Don’t put all your eggs in one basket. Spread your bitcoin and cryptocurrency investment.
  • Before investing in any cryptocurrency, check the people behind it, its mission, and other details to ensure that they are worth investing for. Don’t invest in something you don’t know.
  • This article is for informational purposes only and does not constitute an investment advice. Your actions are solely your own responsibility. There is no substitute for doing your own research. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.



%d bloggers like this: