This post has been updated to reflect changes to the Abra app in November 2017
For over two years, Abra has provided free bank-to-bank transfers and convenient cash-based transfers for Filipino residents, OFWs, and their families in the Philippines and abroad.
Since rolling out direct support for bitcoin in March 2017, we’re excited to say that the Philippines has also become one of our largest markets for customers buying bitcoin. With over 1500 Teller locations and major bank integrations supported throughout the country, this comes as no surprise to us. But we are nonetheless very happy to see this passion and excitement for bitcoin in one of our most important markets worldwide.
Certainly, one reason bitcoin buyers in the Philippines choose Abra is because we have some of the best rates in the country. So if you’re considering acquiring some bitcoin, you owe it to yourself to check us out!
If you’re new to Abra or haven’t tried using Abra to buy bitcoin yet, here’s a quick overview of how you can use your Abra wallet to buy bitcoin in the Philippines:
How to buy bitcoin with Abra
With Abra, you can have two wallets. Set up a Philippine peso wallet and a bitcoin wallet.
Then convert your pesos into bitcoin using the process described in Step 3 of this blog post.
Success! It’s that easy to buy bitcoin with your Abra wallet. Now you can follow the price of bitcoin as it shifts with market demand and speculate on the future of this exciting technology.
Don’t yet have an Abra wallet?
For more information about buying bitcoin with Abra, check out these blog posts:
Bitcoin 101 – General information about what bitcoin is and how it works
Buying bitcoin with Abra – When to use Abra, funding options, and overview
Step by step how to: Using Abra to buy bitcoin with a bank account
Learn more about bitcoin at bitcoin.org.