Wallet Currencies

Bitcoin / Lightning

All users and groups have a custodial Bitcoin Wallet, and micropayments can be made from this wallet, which can be topped up or withdrawn from using any external Bitcoin or Lightning wallet.

For individual user accounts, Bitcoin can be deposited but can only be withdrawn via the Lightning network. There is a max deposit and/or balance of 0.01 BTC without user verification - for any more than that, KYC Verification is needed.

For Groups or merchant accounts, Bitcoin can be withdrawn via Lightning or Bitcoin onchain, but KYC verification is needed for withdrawals above 0.01 BTC per month, or for balances over 0.01 BTC.

Any services or products can be priced in Bitcoin SATs or any Fiat currency, but payment from users will be from Bitcoin wallet to Bitcoin wallet, at the current prevailing fiat/bitcoin rate at time of purchase. In most countries, there are many ways to buy or sell BTC and transfer via Lightning at little or no cost. Tagcash also shows where you can buy or sell, filtered by country, in the BTC SATS wallet.

Tagcash runs its own Bitcoin Lightning Node. If you want to connect directly to our node and open a channel, the public key of the node is
03f94b8e82c3c9be8f8d1e3bcb595e2855b72f23b92967c26f7d65be9a75184c12

PHP

In Philippines, Tagcash holds an Electronic Money Issuer Central Bank license, which allows deposits, transfers via the banking system (Pesonet and Instapay) and agent network (Remittance partners, 7/11 and other agents). Within Tagcash Wallet, a simple and immediate transfer can be made from USD to PHP and vice versa, as well as Bitcoin to PHP and vice versa.