How do I convert my cryptocurrency to cash and vice-versa?

Coins.ph provides a fast, easy, and safe way to buy and sell supported cryptocurrencies, and converting crypto to cash and vice-versa, through the Convert feature.

What is Coins Convert?

Coins Convert is a feature on the Coins.ph platform that allows users to buy, sell, or convert cryptocurrencies seamlessly. It supports various cryptocurrencies and provides real-time conversion rates, ensuring you get the best possible deal.

Conversion Options

Coins.ph provides three primary ways to manage your cryptocurrency transactions:

• Buy

Purchase cryptocurrency using Philippine Peso (PHP)

• Sell

Convert cryptocurrency to PHP

• Convert

Exchange one cryptocurrency for another

Steps to Convert Cryptocurrency

To convert your cryptocurrency to cash or vice-versa, follow these simple steps:

1. Open the Coins.ph App

Launch the app and go to the Home tab.

2. Select Buy/Sell

Click on the Buy/Sell button located on the home screen.

3. Choose Your Transaction Type:

• Buy: If you want to purchase cryptocurrency using PHP.
• Sell: If you wish to convert your cryptocurrency into PHP.
• Convert: To exchange one cryptocurrency for another.

4. Input Amount:

• For Buy or Sell, enter the amount you wish to transact from your PHP balance or available crypto balance.
• For Convert, select the source cryptocurrency and the target currency from the available options, then enter the amount you want to convert.

5. Check Conversion Rate:

Review the conversion rate displayed above the Confirm button. If you are satisfied with the rate, click Confirm to complete your transaction.

Important Considerations

• If you attempt to convert the same cryptocurrency (e.g., BTC to BTC), you will receive an error message stating "Something's off."

• The conversion rates fluctuate based on market conditions, so it’s advisable to check rates regularly before making a transaction.

Frequently Asked Questions

How quickly can I convert cryptocurrency to cash?

Coins.ph offers instant conversions, typically completing transactions within seconds.

Can I convert cryptocurrency from the Coins.ph website?

Yes, you can access the Convert feature on the Coins.ph website by clicking the Buy/Sell Crypto button.