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RE: Anyone here using coinspro? What are the advantages and disadvantages of it? ...

in DBuzz5 years ago

A quick online search reveals that Coins Pro is a cryptocurrency exchange that allows trading between PHP (Philippine peso), BTC, BCH, ETH, and XRP. It does not provide cryptocurrency wallets.

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Perfect @anonymouser thank you.

From the comments of @jemmaneul's Buzz, it sounds like it is also a new project 👍

I don't think it is "new" if it started in 2014 (although as a beta version), and it is not a "project" because it is a private, for-profit business.

That's a long time to be in Beta 😮

@oniemaniego said he cannot join, since there is a waiting list.

I don't recommend the "basic" version since the app puts fake prices to earn form the fiat to crypto transaction. It's better to use other reliable ways to buy/sell crypto.

Upon creating your account, you will have your own BTC, ETH, XRP, and BCH wallet which can be used to transact on all valid channels.

Is the "Basic Version" https://coins.ph ?

Yes, you can't buy/sell lowest/highest there. Just some predefined numbers and not profitable for the end user.

Ah okay.

So #CoinsPRO sounds like their platform for advanced users i.e. #Traders.

I did not say that it is still in beta until now.

If somebody cannot join because it has a waitlist, then probably new members are not welcome there. What I mean is that users would find it difficult to ask for support from Coins Pro team.

Maybe you and @jemmanuel are talking about something different.

I Googled "Coins Pro" and it looks like he is talking about a new Philippine exchange created by https://coins.ph

https://pro.coins.asia/

If it is not new, this is my 1st time hearing about it!

That's what I also found. Based on what you said, it is indeed the 1st time you heard about it, though I disagree with the "6 years still new" part.

The https://coins.ph is 6+ years old . . But from what I understand, the actual exchange i.e. #CoinsPRO is new.

https://coins.ph is a mobile wallet . . https://coins.asia / #CoinsPRO is an actual exchange, and I think it is a new product of #CoinsPH.

I think #CoinsPro is a new product of #CoinsPH and that they have a waiting list since it is still being tested @anonymouser.

https://coins.ph has been around since 2013 but this is the first time I heard of their #CoinsPH exchange.

It's new right @jemmanuel @ljquimpo?

If almost 6 years is still new to you, then it is indeed new. If that's the case, then #Tutanota is also new.

I don't think #CoinsPRO, the exchange, has been around for 6 years.

If you can find a link that the product, #CoinsPRO has been around for 6+ years, let me know.

I looked and I didn't find information as to when #CoinsPRO started.