Coins.ph, the Philippines's leading fiat and crypto wallet partners with Globe Telecom to introduce a new offering for its loyalty program, Globe Rewards. Beginning 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.
"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.
With these 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.
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 demoninations 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. 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 date, Coins.ph has access to a total of 24 cryptocurrencies and token: BTC, ETH, BCH, BAT, XRP, USDC, USDT, AAVE, AXS, CHZ, GALA, KNC, LINK, MATIC, MKR, SAND, SLP, UNI, AND YGG.
"Beside 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 crpto 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 can 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.
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