Moneybees, a Virtual Asset Service Provider (VASP) specializing in over-the-counter (OTC) crypto exchanges, has extended its reach by collaborating with Willyn Villarica Jewelry, tapping into the jewelry appraisal industry.

This partnership aims to offer increased convenience for crypto enthusiasts who are looking to buy and sell crypto using fiat currency.

Located strategically at the Market Market Mall in Taguig City, Willyn Villarica Jewelry serves as a bridge between the digital and physical worlds, enabling users to seamlessly convert their cryptocurrency holdings into tangible assets or cash.

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The branch facilitates the seamless conversion of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT), USD Coin (USDC), and Ripple (XRP), among others.

Cryptocurrency trading

“Our long-term partnership with Willyn Villarica Jewelry provides convenience for more users to use pesos to purchase the digital assets they want. and to take advantage of cryptocurrency-related services straight from a reputable physical location,” said Jay Ricky Villarante, chair and CEO,  Moneybees.

Willyn Villarica Jewelry, established in 2013, has been known for jewelry services and currency exchanges. The incorporation of Moneybees’ services has been positively received, attributed to its prime location, swift transaction processing, and user-friendly experience for both new and returning cryptocurrency clients, significantly contributing to the store’s revenue stream.

“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,” said Willyn Villarica, owner of Willyn Villarica Jewelry.

Another branch of Willyn Villarica Jewelry, Dominion Pawnshop in Bulacan, houses Moneybees’ crypto services. This branch serves as an information hub for inquiries regarding Moneybees’ cryptocurrency services, integrating traditional retail with online financial services to facilitate user engagement with digital currency.

Anticipating a surge in interest among Filipinos amid the crypto market resurgence, Villarante foresees a growing curiosity and engagement in cryptocurrency trading. Moneybees aims to collaborate more with traditional currency exchange providers to further enhance the accessibility of crypto assets.