Moneybees, a Virtual Asset Service Provider (VASP) specializing in over-the-counter (OTC) crypto exchanges, has consistently expanded its service outreach by tapping the jewelry appraisal industry by partnering with Willyn Villarica Jewelry to enable even more Filipinos to conveniently buy and sell crypto using fiat.
Strategically located at Market Market in Taguig City, the branch has become a go-to destination for both jewelry enthusiasts and crypto traders to seamlessly convert their digital currency. The branch facilitates a seamless transition from the digital realm to tangible assets, allowing users to effortlessly convert their cryptocurrency holdings into physical cash.
Crypto enthusiasts can purchase and sell major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT), USD Coin (USDC), and Ripple (XRP), among others.
Moneybees has been partnering with businesses that are Bangko Sentral ng Pilipinas-Supervised Financial Institutions (BSFIs) to make crypto as accessible as possible amid the rapidly developing digital assets market.
“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,” Moneybees Chairman and CEO Jay Ricky Villarante stated.
Established in 2013, Willyn Villarica Jewelry has been dependable in jewelry 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 owner Willyn Villarica 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.”
Willyn Villarica Jewelry has another branch that houses Moneybees crypto services, Dominion Pawnshop, located in Bulacan. The branch accommodates inquiries on Moneybees’ cryptocurrency services, integrating conventional retail and online financial services for users to easily explore and engage with digital currency.
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.