The Filipino economic market is in for a spin as a new player in the crypto-currency business has been formally launched.
ALL BY ALL (ABA) Philippines, a cryptocurrency company, a monetary exchange platform was officially launched to the media at Cities Events Place on Feb 24. It was graced by ALL BY ALL (ABA) Philippines President You Won II, investors, stakeholders and celebrity singer and actress Julie Anne San Jose.
You Won Il enthused: “ABA is the perfect solution for people who are looking for a seamless approach in using cryptocurrencies for their numerous online transactions”.
To start enjoying the convenience provided by ABA, one has to simply visit their website or app, then sign up. Once the form is completed, the user will receive an electronic wallet or account which they can ‘load’ with Philippine pesos. The electronic wallet can, then, be used for cryptocurrency transactions like online trading and commercial purchases, in lieu of credit cards and traditional currencies.
Some of the advantages of using ABA is that it is faster, ensures more secure transactions globally, and has lower fees.
ABA is also now preparing for its Initial Coin Offering (ICO) and is also eyeing brisk expansion in other Asian hubs like Vietnam, Indonesia, Thailand, Hong Kong and Japan.
Aside from cryptocurrency, ABA will be getting into other businesses like travel and online gaming.