PayMaya Adds Bitcoin and Ethereum Trading to Its Digital Wallet

Users can buy, sell and use cryptocurrencies in Philippine pesos through the wallet after completing online identity verification, without opening a separate account.

BTC
ETH

Summary

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Terms & Concepts
  • Identity verification: A compliance process that confirms a user’s identity before accessing financial services or crypto trading features.
  • Digital wallet: An app-based financial account that lets users store funds and access payment or trading services electronically.
  • Bitcoin: A decentralized digital currency that can be bought, sold and transferred without a central issuing authority.