Got Altcoins that want to transfer to Coins.ph? Let’s find out how.
Before we begin, I’ll explain the following terminologies:
These are coins that are not bitcoin.
Examples: Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Dash etc.
A Filipino Bitcoin Wallet customized for Filipinos. I highly recommend it because it suits the needs of Filipinos for buying loads (with rebate) and paying bills.
It collects and combines your faucet earnings.
It is a bitcoin wallet that supports multiple cryptocurrencies or in other words altcoins.
Coins.ph is a bitcoin wallet ONLY so therefore no one can send any altcoin to it but there are 2 ways that you can do to transfer your altcoin.
2 Ways to Transfer Altcoins to Coins.ph
1. Convert to Bitcoin using Microwallet
If your altcoins will come from a microwallet such as Coinpot, you may convert or exchange them to Bitcoin which you can send to Coins.ph.
How to convert altcoin/btc in Coinpot.
Choose the altcoin that you want to convert and click “Convert to Bitcoin Core”
Fill up the information needed.
Choose Bitcoin Core. Bitcoin Core is another name for Bitcoin.
Put your password and click Convert. Your altcoin is now bitcoin which you may send to Coins.ph.
The good thing about Coinpot is it does not charge Exchange fee.
How to convert altcoin/btc in Faucethub
In your account, click Exchange then click buy and choose the altcoin you want to convert.
Keep in mind that Faucethub charge .5% fee.
2. Exchange your Altcoin in Multiwallet
If your altcoins do not come from a Microwallet but will pay you directly to your wallet, you may choose to withdraw them to Coinomi app which is a multi wallet.
How to convert altcoin in Multi wallet
Click the upper left icon on your Coinomi account and choose any of the 2 Exchanges.
And there you go, your altcoin is no longer an altcoin and can now be transferred to your Coins.ph account!
Transfer your altcoin when Bitcoin is down so you may get much bitcoin or satoshi compared when bitcoin is high.