Moneybees, ACM partner to roll out crypto exchange services in PH

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VIP Contract Signing of Moneybees and ACM Business Solution

Moneybees partnered with ACM Business Solution, catering to the growing demand for over-the-counter transactions for cryptocurrency users in the Philippines. 

With ACM having 1330 active outlets nationwide, Moneybees will roll out crypto buy and sell services via its GoVIP centers. These centers branch out in Davao City in Bato, Camarines Sur, and in Orani, Bataan.

Moneybees, a BSP-certified Virtual Asset Service Provider (VASP), also plans to continue its OTC crypto transaction services with more GoVIP outlets in key cities, integrating its services with the GoVIPx app by the end of 2022. 

Traders and investors can choose from hundreds of cryptos for transactions, including bitcoin (BTC), Ethereum (ETH), USD Tether (USDT), and Smooth Love Potion (SLP). Each client can also easily buy and sell up to P5,000,000 daily. 

Crypto holders can buy and sell their crypto to Moneybees using almost any crypto wallet or crypto exchange account they prefer, such as Coins.ph, Coinbase, PDax, Metamask, Binance, Electrum, Trust Wallet, and Exodus, among others.

“Moneybees, first and foremost, is focused on advocating for the crypto consumer. With our partnership with GoVIP centers and its far-reaching network, we’re creating additional venues for trading cryptocurrencies while enabling greater convenience, security, and ease of transacting for all our clients,” said Moneybees CEO Paulo Roberto del Puerto.

In a recent report by Finder Crypto, 28% of Filipinos claimed they own a cryptocurrency, which ranks the Philippines 5th worldwide. With the increasing number of Filipino users, Moneybees’ mission is to make crypto more accessible by providing a familiar and secure way of buying and selling via OTC transactions.

“With GoVIPCenter’s relentless pursuit of improving the lives of Filipinos and making the exchange between currencies and digital currencies more accessible to many, our aim is to extend Moneybees’ services nationwide to enable traders to buy and sell digital assets. This partnership with Moneybees expands GoVIPCenter’s offering while cementing its leadership as a one-stop shop for financial services,” said ACM Business Solution Inc. Business Development Unit Head Guia Ana Malimban.

Founded in 2014, ACM Business Solution Inc. is a web-based business solution providing the underserved and unserved population access to Financial Services. ACM launched the GoVIPCenter in 2021, the backbone of every VIP outlet, wherein drop-off points and microinsurance were introduced. 

Founded in 2017, Moneybees is the first Cryptocurrency over-the-counter service in the Philippines, making the exchange between currencies and digital currencies more accessible to many. It provides the technology to moneychanger companies with physical outlets to accept and facilitate cryptocurrency transactions in their shops without the risk of market volatility.

Moneybees only partner with government-licensed remittance centers and money changers to facilitate transactions. It aims to grow its services nationwide by partnering with more outlets in major cities to expand its footprint in the Philippines. 

To view the locations of Moneybees outlets, refer to https://www.moneybees.ph/outlets