Aimed at making crypto buying and selling more accessible to Filipinos, Moneybees, a leading cryptocurrency exchange platform, expands its over-the-counter crypto services with the opening of Tivoli Money Exchange’s newest branch at One Ayala. This marks the fourth branch the company has partnered with Tivoli to allow customers to trade Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT), USD Coin (USDC), Ripple (XRP), Cardano (ADA), and other major cryptocurrencies.
Located at the corner of Ayala Avenue and EDSA in Makati, intermodal transportation hub One Ayala is prime placement for Moneybee’s partnership with Tivoli. “Expanding our services to the new branch of Tivoli at One Ayala attempts to meet the increasing demand for convenient and reliable crypto exchange services in the country,” said Jay Villarante, Chairman and CEO of Moneybees Forex Corporation. “[We’re] dedicated to offering transparent rates and expert support for a seamless and rewarding crypto trading experience.”
Addressing crypto pain points
By offering over-the-counter crypto transactions, Moneybees is addressing several significant pain points for users:
- Security and Trust: Ensuring users are dealing with a legitimate entity, reducing the risk of fraud.
- Price Stability: Allowing for bulk trading without abrupt price fluctuations.
- Simplicity and Speed: Offering a straightforward process for converting crypto to cash and vice versa.
- Transparency: Guaranteeing no hidden fees for a predictable transaction process.
- Accessibility: Providing both online and physical outlet options for user flexibility.
Through their partnership with Tivoli, Moneybees bridges the gap between traditional financial systems and the emerging world of cryptocurrencies, offering a solution that combines the dynamism of cryptocurrencies with the trust and stability of conventional financial services.
“As cryptocurrencies gain acceptance in the market, offering Moneybees cryptocurrency exchange services allows us to thrive in this digital age,” said Eirene Tinitigan, President of Tivoli Money Exchange. Founded in 1983, Tivoli has been a trusted brand in buying, selling, and exchanging currencies. Their partnership with Moneybees allows them to take this expertise in high and low-value OTC transactions into the next stage of their business. “Our customers can expect a seamless integration of traditional currency trading and cryptocurrency investments. They will gain access to an extensive range of fiat-to-crypto and crypto-to-fiat trading pairs, ensuring enhanced liquidity and convenience.”
Bringing crypto into the mainstream
Moneybees is a licensed Virtual Asset Service Provider (VASP) registered with the Bangko Sentral ng Pilipinas (BSP) and Anti Money Laundering Council. They’ve established a dynamic presence in Metro Manila through strategically located Tivoli branches in major commercial buildings such as in Trinoma Mall in Quezon City, Glorietta 2 in Makati, and Okada Manila in Parañaque. By bringing crypto services near leisure and shopping centers, they hope to reach both experienced and inexperienced traders and enthusiasts.
“The establishment of an OTC crypto exchange outlet plays a pivotal role in pushing cryptocurrencies into the mainstream by instilling trust, accommodating a broader base of customers, providing essential services, and strengthening the industry’s credibility,” said Moneybees CEO Villarante.