PayMaya opens crypto feature

E-wallet brand PayMaya is finally launching its cryptocurrency feature through its all-in-one financial app.

This allows Filipinos to jumpstart their cryptocurrency journeys without having to register another account as processes and transactions will all be done on the PayMaya app.

All existing PayMaya users will only have to upgrade their accounts to start buying and earning digital assets such as Bitcoin and Ethereum for as low as PhP 1.

Other popular coins and tokens available for trading are Cardano (ADA), Chainlink (LINK), Uniswap (UNI), Solana (SOL), Quant (QNT), Polkadot (DOT), Polygon (MATIC), and Tether (USDT), with more coming soon.

PayMaya developed this feature under its Invest platform in connection with Coinbase Institutional, the largest publicly traded crypto company in the world and the trusted bridge to the crypto-economy.

Crypto made easy

After users have upgraded their PayMaya accounts, they may conveniently access the crypto feature to start investing.

PayMaya also offers access to tutorials and guided content to help interested users understand the basics of crypto.

Cashing in is likewise easy with over 90,000 outlets nationwide offering the service for free.

Start your crypto journey

To start buying crypto on the PayMaya app, follow these simple steps:

  1. Tap Crypto on the PayMaya homepage.
    2. Tap Buy on the bottom of the screen, then select the desired cryptocurrency.
    3. Input the desired Philippine Peso (PHP) amount you want to spend. You will see the equivalent cryptocurrency value based on an estimated market price. Then, tap Next on the upper right hand of the screen.
    4. A Confirm Purchase tab will pop up. On this tab, you will see the amount in PHP you will be spending and the amount of cryptocurrency you will be receiving through this transaction. Once you are ok with the details, you may confirm your purchase and slide to buy.

Once you purchase your desired cryptocurrency, the amount will reflect on your app’s Crypto page.

Selling crypto is just as easy as buying it.

Follow these steps

  1. Tap Crypto on the PayMaya homepage.
  2. Tap Sell on the bottom of the screen, then select the desired cryptocurrency.
  3. Select a percentage value to sell a part of your currently owned asset. You will see the equivalent PHP value based on an estimated market price. Then tap Next on the upper right hand of the screen.
  4. A Confirm Sale tab will pop up. On this tab, you will see the amount of cryptocurrency you will be selling and the amount of PhP you will be receiving through this transaction. Once you are ok with the details, you may confirm your purchase and slide to sell.

You will automatically receive your earnings on your PayMaya wallet. Simply go to your app’s home screen and check the amount.

Once you receive the amount, you can choose to use it for your everyday transactions with PayMaya or transfer it to your bank account instantly.

The post PayMaya opens crypto feature appeared first on GadgetMatch.

PayMaya opens crypto feature PayMaya opens crypto feature Reviewed by Telenor Editorial on April 11, 2022 Rating: 5

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