Microinsurance Philippines | Coins.ph Partners with Globe to Accelerate Cryptocurrency Inclusion | Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, has partnered with Globe Telecom Inc. to introduce a new offering for its loyalty program Globe Rewards. Starting July 20, prepaid and postpaid subscribers can start exchanging rewards points in their new GlobeOne app for Bitcoin and cryptocurrency vouchers redeemable at Coins.ph.
Through the partnership, users can simply redeem rewards points and complete a crypto transaction without using their own money, making it perfect for crypto natives and newcomers alike.
“We’re introducing a new feature in the Coins.ph app called ‘Redeem Crypto’ to continuously empower Filipinos in their quest for financial freedom. Customers can now take advantage of mainstream loyalty programs such as Globe Rewards for a low- or almost zero-risk approach to get started with their crypto journey. At the same time, we’re also opening opportunities for businesses to diversify their loyalty program offerings to remain competitive and maximize their potential for growth,” said Wei Zhou, CEO of Coins.ph.
To start redeeming crypto vouchers, users must first login or register in the new GlobeOne app downloadable in the App Store, Google Play Store, or AppGallery. Tap on the Rewards menu and select among the Coins.ph cryptocurrency vouchers offered. The available denominations are P5, P10, P25, P50, and P100, each with a corresponding number of points required for redemption.
After confirming redemption details, login or register in the Coins.ph app or website <https://coins.ph>. Coins.ph users must be Level 2 verified to redeem. Tap or click on “Redeem Crypto” under “All Services” and enter the voucher code provided by Globe Rewards. Choose the desired cryptocurrency to be exchanged for the peso value of the voucher.
As of this writing, Coins.ph gives access to a total of 24 cryptocurrencies and crypto tokens, including BTC (Bitcoin), ETH (Ether), BCH (Bitcoin Cash), BAT (Basic Attention Token), XRP (Ripple), USDC (USD Coin), USDT (Tether), AAVE, AXS (Axie Infinity Shard), CHZ (Chiliz), GALA, KNC (Kyber Network Crystal v2), LINK (Chainlink), MATIC (Polygon), MKR (Maker), SAND (The Sandbox), SLP (Smooth Love Potion), UNI (Uniswap), and YGG (Yield Guild Games).
“Besides helping our customers navigate the world as it opens up again, Globe understands that Filipinos continue to use more digital solutions in their daily lives. Now with Globe Rewards, they can start their crypto journey by redeeming rewards points for Coins.ph vouchers on the New GlobeOne app. If Globe users opt to explore other investment opportunities on top of maximizing their rewards, Globe highly recommends that users do their due diligence on the rules and regulations that center around the emerging digital asset market conditions,” said Jerome Patalud, Globe Rewards Head.
Cryptocurrency values are highly volatile and prices may go up and down in real time. Buying Bitcoin and other cryptocurrencies carries a high level of risk and may not be suitable for everyone. To help manage this risk, Coins.ph extended the validity of voucher codes obtained via Globe Rewards until July 15, 2023. This way, users can redeem anytime and anywhere they want. Terms and conditions apply.
In addition, Globe and Coins.ph users earn entries for a chance to win BTC and ETH prizes in a month-long Crypto Raffle for subscribers who purchase Globe at Home Data promos via Coins.ph. Stay tuned for further announcements.
Coins.ph currently has over 16 million users enjoying access to digital financial services such as e-wallet services, payments, and cryptocurrency trading. Businesses interested in incorporating cryptocurrency vouchers in their roster of loyalty rewards may get in touch with Coins.ph by contacting firstname.lastname@example.org. For more information about Coins.ph, visit <https://coins.ph> and follow it on Facebook, Twitter, and Instagram.
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Coins.ph is on a mission to create an open financial system by providing everyone easy access to Web3 and digital assets. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 16 million users. Through the easy-to-use mobile app, users can buy and sell a variety of cryptocurrencies and access a wide range of financial services.
Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.
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About Globe Telecom
Globe is a leading full-service telecommunications company in the Philippines and publicly listed in the PSE with the stock symbol GLO. The company serves the telecommunications and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. It has major interests in financial technology, digital marketing solutions, venture capital funding for startups, and virtual healthcare. In 2019, Globe became a signatory to the United Nations Global Compact, committing to implement universal sustainability principles. Its principals are Ayala Corporation and Singtel, acknowledged industry leaders in the country and in the region.
Learn more about Globe via https://www.globe.com.ph/.
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