Crypto exchange Moneybees announced their partnership with Tambunting Pawnshop. With over 1,200 branches nationwide, Tambunting Pawnshop in partnership with Moneybees will enable over-the-counter (OTC) outlets offering crypto buy and sell transactions. Tambunting Director and Corporate Secretary Ramon Tambunting and Moneybees Chairman Jay Ricky Villarante inked the partnership that will make cryptocurrency more accessible for Filipinos nationwide. To date, Moneybees has already offered crypto exchange services for select Tambunting branches across Metro Manila.
Moneybees Forex Corporation (Moneybees) is registered with the Bangko Sentral ng Pilipinas (BSP) and with the Anti Money Laundering Council (AMLC) as a Virtual Asset Service Provider (VASP). Moneybees is the first to offer cryptocurrency over-the-counter services in the country. Since it’s foundation in 2017, Moneybees has made exchange between fiat and cryptocurrencts easier for Filipinos. Customers can buy or sell cryptocurrencies from any crypto wallet. Transaction limits are up to P5,000,000 per day. Today, Moneybees has hundreds of OTC locations. To learn more about Moneybees, you can visit their website.
Editor’s Note: This article by The Mega Maxi is not a financial advise.