#pateros

[estrangherongmata]

Pateros, Metro Manila

[nocturnalpicnic]

View of Pateros from above lake Alta. water color. michael pontieri. 2022

[thehorrorsofgoodwill]

What? You've never heard of Pateros, the fifth Ninja turtle?!

[onenettvchannel]

BUSINESS NEWS: 'BPC Lending' quietly collaborates with Cryptocurrency Giant and Digital E-Wallet firm 'Coins.PH' to offer 'Crypto on Credit' -- REPORT [#FirstOnOneNETnews] (updated as final!!!)

(2nd UPDATE as FINAL!!!) PATEROS, METRO MANILA -- Coins.PH, the Philippines' first cryptocurrency exchange and digital electronic wallet provider, partnered with BPC Lending Incorporated (BLi) in mid-January 2025. This introduced the new feature "Crypto on Credit" to selected users who have completed Level 3 enhanced verification.

Founded in mid-October 2014 by American entrepreneur duo 'Ron Hose' and 'Runar Petursson', Coins.PH has become a trusted fintech company in the country. With almost 20 million registered users (as of late-January 2024), the said crypto and digital e-wallet firm offers remittances, bill payments and cryptocurrency trading. It is fully regulated by the Bangko Sentral ng Pilipinas (BSP), this is Asia's first company, a crypto-based firm that got licenses of Virtual Currency and Electronic Money Issuer (VCEMI).

BPC Lending Incorporated (BLi) is a lending corporation based in Pateros, Metro Manila, National Capital Region (NCR). It is registered under the Securities and Exchange Commission (SEC) in October 2017. The company offers traditional business loans for micro, small and medium enterprises (MSMEs) and crypto lending services, with the use of digital assets as collateral. BLi is not an exchange, dealer, broker or investment advisor, and aims to offer lending services for Filipinos. Unfortunately, the full meaning of the acronym BPC is still a mystery. The partnership with Coins.PH is a big milestone for the company.

It has never been easier for both existing and new users of Coins.PH -- who are interested in the "Crypto on Credit" product. Users need to undergo Enhanced Verification after Level 2, and it can be done online by submitting the latest proof of income either through the app or website platform. Once everything is verified, the user can then apply the "Crypto on Credit" feature from the left Credit tab through Coins.PH website.

Answer the short trivia questions and you're ready to use the new lending feature. Applications will be on a first-come, first-served basis and the user will receive full notice in their local inbox via E-Mail messages with their linked Coins.PH account once the crypto loan application is approved.

Crypto on Credit (CoC) is another loan type aside from e-wallet and banking loans in the Philippines. Traditional and digital loans are checked on credit scores and require a long approval process, while CoC is borrowing based on cryptocurrency holdings. It's an option for faster and easier borrowing which may be useful for those who cannot get a loan from either traditional e-wallets or Philippine banks.

On Thursday (January 23rd), we sent an E-Mail message to ask about the silent partnership between the two (2) according to the marketing staff and representative team: "Here at Coins.PH, We designed to elevate our community's trading experience. This feature allows our [Filipino] users to enhance their trading funds and boost potential profits", he said.

The financial team of OneNETnews is checking out the new lending product "Crypto on Credit". As of our writing, it has yet to be loaned out the first time. Users need to trade small to medium amounts, with a minimum collateral of PHP500 from their crypto credit limit to the main 'Spot Wallet' via the Coins.PH website. This new lending of Coins.PH is for the financial emergencies, for those who have good credit history and always pay on time.

This is a big step for the Philippines to achieve financial inclusion with legitimate and lawfully advanced cryptocurrency lending solutions. As they become available to the masses, it will be interesting to see how they will affect the financial landscape and if they will encourage more users to try out cryptocurrency-based credit financial services.

Coins.PH's "Crypto on Credit" feature is a big boost to their user community. By partnering with BLi, the platform aims to level up the trading experience and unlock new opportunities for their enhanced verified users at the final Level 3.

PHOTO COURTESY: Coins.PH via PR

SOURCE: *https://coins.ph/about *https://canvasbusinessmodel.com/blogs/brief-history/coins-ph-brief-history *https://www.techinasia.com/coins-ph-bitcoin-atm-withdrawal *https://technology.inquirer.net/39041/easier-cash-remittance-with-new-bitcoin-wallet-mobile-app *https://www.gmanetwork.com/news/money/companies/895346/story/ *https://support.coins.ph/hc/en-us/articles/39610731010457 *https://support.coins.ph/hc/en-us/articles/38627838025497 *https://appointment.sec.gov.ph/wp-content/uploads/2020/06/20200531_List-of-Lending-Companies-as-of-31-May.pdf and *https://paste.techedubyte.com/raw/trad63i7u6

-- OneNETnews Online Publication Team

[foodtripnichong]

Ready to send the package. #bibingkangabnoy #Pateros #foodtripnichong https://www.instagram.com/p/CHjsEoxnhJk/?igshid=425or2tezjda

[foodtripnichong]

Parang P! ang bango mega sarap. #Abnoy #Pateros #foodtripnichong #foodtripnichong #instafood #bibingkangabnoy https://www.instagram.com/p/CELjTy9nZMO/?igshid=1tmigi5kd4p1x

[foodtripnichong]

Bibingkang abnoy solo. Sarap na pulutan at ulam ito mga chong. PasaBUY ka? #Bibingka #Abnoy #instafood #foodtripnichong #Pateros https://www.instagram.com/p/CD-lKh2nmv-/?igshid=18ysp1eweftxj

[clarisaysblog]

From the Maker of Lecheng Maja Comes Lecheng Inutak

From the maker of Lecheng Maja comes to another great culinary invention called Lecheng Inutak. Direk Ojet recently released his newest addition to his gourmet kitchen. Like his first creation, the…