Moneybees, a virtual asset service provider (VASP) specializing in over-the-counter crypto exchanges, has recently expanded its service outreach by tapping the jewellery appraisal industry, partnering with Willyn Villarica Jewelry to enable more Filipinos to conveniently buy and sell crypto using fiat.
IMAGE CREDIT: https://www.linkedin.com/company/moneybees/
Located at Market! Market! in Taguig City, the branch has become a favorite go-to destination for both jewellery enthusiasts and crypto traders who wish to seamlessly convert their digital currency.
The branch allows users to effortlessly convert their cryptocurrency holdings into physical cash.
Crypto enthusiasts can buy and sell major cryptocurrencies, including Bitcoin, Ethereum, USD Tether, USD Coin and Ripple.
“Our long-term partnership with Willyn Villarica Jewelry provides convenience for more users to use Peso to purchase the digital assets they want. and to take advantage of cryptocurrency-related services straight from a reputable physical location,” stated Moneybees Chairman and CEO Jay Ricky Villarante in a recent press statement.
For her part, Willyn Villarica, the owner of Willyn Villarica Jewelry, shared, “Being one of the first partner locations of Moneybees, I have been witness to the growth and the contribution of Moneybees in educating the public about the concept of cryptocurrency. I appreciate the fact that the people behind Moneybees have the genuine desire to uplift the lives of the Filipinos through financial literacy.”
Established in 2013, Willyn Villarica Jewelry has been dependable in jewellery services and money exchanges. The incorporation of Moneybees’ services has garnered a positive reception due to its location, fast transaction speed, and convenience for both first-time cryptocurrency clients and repeat customers, thereby contributing significantly to the store’s revenue stream.
Willyn Villarica Jewelry has another branch that houses Moneybees crypto services, Dominion Pawnshop, located in Bulacan. The branch also accommodates inquiries on Moneybees’ cryptocurrency services, integrating conventional retail and online financial services for users to easily explore and engage with digital currency.
Crypto market in PH experiencing a resurgence
As the crypto market experiences a resurgence, Villarante anticipates a growing interest among Filipinos in exploring and trading cryptocurrencies.
Moneybees is spearheading this adoption by partnering with traditional currency exchange providers to make crypto even more accessible.
To make crypto accessible amid the rapidly developing digital assets market, Moneybees has been partnering with businesses that are Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions.
Moneybees aims to grow its services nationwide by adding other cryptocurrencies for trade, aside from BTC and ETH, while partnering with more outlets in major cities to expand its footprint in the Philippines.
To learn more about how Moneybees is transforming the accessibility of cryptocurrencies, visit https://www.moneybees.ph/.
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Disclaimer: This article is for news and informational purposes only and should not be construed as financial or investment advice or an endorsement of any cryptocurrency or platform. Crypto-assets are highly speculative and involve significant risks. Readers should verify the regulatory status of crypto service providers with the BSP and the SEC before making any investment or transaction.
