You can now buy Bitcoin from any 7-11 in the Philippines!UPDATE (16th January 01:18 GMT): Coinplug wishes to clarify to Korean readers that, while users can request to buy bitcoins over-the-counter at 7-11 stores now, the physical okBitcards will be available from the end of February.South Korean bitcoin services company Coinplug is rolling out a pre-paid bitcoin purchasing service to around 24,000 convenience stores across the country, with 8,000 7-Eleven stores already participating.The company says its 'okBitcard' service will be on sale in other major chains by the end of January.With those numbers, it will be the most widespread distribution of its kind in the world to date.Physical cards will be printed at the end of February with fiat values of 10,000, 30,000 and 50,000 South Korean won (approximately $10, $30 and $50).To protect against theft and deal with bitcoin's unpredictable price, the cards are activated only at point-of-sale.Until the cards are ready, customers may ask cashiers directly to purchase bitcoin at the counter, upon which they can receive a printed receipt with redeemable PIN code.

okBitcard comes hot on the heels of another convenience store-based service in Asia: BitoEX's integration with 5,000 in-store kiosks in Taiwan.By selling physical cards, Coinplug is eliminating the need for customers to learn how to use the kiosks or use SMS messages to authenticate purchases.Coinplug's Richard Yun told CoinDesk that the cards make bitcoin easier for the average consumer to buy, potentially winning over newcomers who might find the experience of buying bitcoin through an online exchange or face-to-face daunting."When users redeem okBitcards, they automatically get an instant wallet.It's good for people who find it hard to buy BTC like teenagers, and buying for gifts etc."The process works as follows: A customer purchases a card over the counter and the cashier prints out a receipt with an individual PIN code.The purchaser then redeems the bitcoin using either the okBitcard mobile app or the okBitcard website.The physical card itself, therefore, represents fiat value only and does not need to carry any bitcoin value.

Coinplug's exchange issues the required amount of digital currency when the card is redeemed.Other companies in Asia, such as Singapore's CoinPip and Malaysia's Cryptomarket, have sold cards pre-loaded with bitcoin value, albeit on a smaller scale.move bitcoin wallet to another computerAs well as putting bitcoin front and center in mainstream view, the cards are a means of easily acquiring bitcoins in smaller amounts, and of transferring bitcoin value from person to person without needing a wallet or Internet connection.bitcoin dead singaporeA video demonstrating how to purchase bitcoins via in-store terminal is below (action begins at 0:30): Coinplug is also exploring other options in "online-to-offline" (O2O) payments, which Yun believes is part of a world payments trend.bitcoin casino craps

Its Android wallets can now send and receive bitcoin via NFC on compatible devices, rather than with QR codes.ethereum pool softwareCoinplug is also launching its second locally produced bitcoin ATM, made by bank ATM manufacturer Nautilus Hyosung.value if litecoinThe machine will be located in the public foyer of Korea University's computer science department, which held a bitcoin forums for its students in September last year.bitcoin new world order faucetBuy and Sell Bitcoin in the Philippines You can choose to pay via bank deposit, online transfer, padala centers or major department stores nationwide.bitcoin mac trojanNow available at any 7-Eleven stores in the Philippines.bitcoin conspiracy theory

Try it for free * At least 8 characters and must contain a number.By creating an account, you agree to our Terms of Service.do usb bitcoin miners workInstantly load your Coins.ph account anytime, in any 7-Eleven store in the Philippines.Here's how: Select the 7-Eleven coinsXpress option to Cash in.Here are the cash-in fees for deposits via 7-Eleven: PHP 20-100 – FREE PHP 101-20,000 - 2% Look for your7-CONNECT reference number in the payment instructions upon adding money to your wallet.Go to a nearby 7-Eleven store, inform the cashier that you have a 7-CONNECT reference number and present your barcode and reference number.Receive the funds instantly in your wallet.Kindly note the the maximum amount for your add money transaction is P20,000 and as of this moment this is available in the Philippines.For a better experience on Facebook, update your browser.Dogecoin Creator Responds to Moolah Bankruptcy with Additional Concerns Bitcoin AnnouncementsBitcoin ExchangeBitcoin Merchants Taiwanese Can Now Buy Bitcoin at 2986 Family Mart Convenience Stores Thanks to BitoEx Caleb Chen Advertisement: BitoEx has a new solution for buying Bitcoin in Taiwan that will be familiar to Taiwanese Bitcoin users.

“Things have changed in the last 6 months,” according to Jason Gatewood.Gatewood has filmed a descriptive Youtube video that details the buy process now available to 20+ million Taiwanese.Some countries and continents, such as Africa, are getting Bitcoin access through existing mobile payments services.In other parts of the world, the e-banking community is ready to interact with companies that provide services for Bitcoin companies in Bitcoin purchase agreements, allowing banks to serve as Bitcoin gateways.Around the world, the preferred financial systems are being leveraged by local Bitcoin companies to provide on ramps to the Bitcoin world in whichever way is most familiar to natives.For East Asia, convenience stores are a lot more convenient than foreigners might think.It is possible to pay all of your bills at a Family Mart, or at Family Mart’s largest competitor: 7 Eleven.Other Taiwanese Bitcoin exchanges include Maicoin, which has been in operation for longer than BitoEx.Also read: Indonesians Can Now Buy Bitcoin at over 10,000 IndoMaret Stores Check out this video detailing the buy process at Family Mart: [divider]CCN[/divider] Taiwan: The Convenience Store Capital of the World For years now, Taiwan has had the highest number of convenience stores per capita for any country in the entire world.