In this article, I will talk about the Top 11 Crypto Exchanges in the Philippines, naming some of the most important platforms for the local investors.
For instance, these exchanges offer these features: fiat trading, low fees and ease of use.
Doesn’t matter if you are a novice or an advanced trader, These exchanges have certain options, through which you can easily operate in the philippine crypto market.
What is Crypto Exchanges?
A crypto exchange is an exchange that allows users to exchange different cryptocurrencies.
Such exchanges make it possible to trade bitcoin, ethereum, and other digital currencies, by connecting buyers and sellers.
These platforms can be centrally administered, meaning that a third party is responsible for the transactions or users can trade directly with each other.
Crypto exchanges offer wallet provision, supply market data as well as trading instruments, which further enables the investors to enter the crypto space with ease.
Top 11 Crypto Exchanges In Philippines Key Point & List
| Exchange | Key Points |
|---|---|
| Bitget | Low fees, focus on derivatives, leverage, and copy trading |
| Gemini | Highly regulated, secure, user-friendly, and moderate fees |
| Coinbase | Beginner-friendly, high fees, supports a wide range of cryptos |
| Binance | Largest exchange, low fees, offers spot, margin, and futures |
| Coins.ph | Filipino-focused, supports fiat-crypto and remittances |
| Bybit | Low fees, strong focus on derivatives and futures trading |
| KuCoin | Low fees, wide selection of altcoins, staking, margin trading |
| PDAX | Filipino exchange, low fees, supports fiat-crypto trading |
| OKX | Low fees, offers spot, futures, margin trading, and DeFi |
| Bibox | Low fees, AI-enhanced features, focuses on token offerings |
| Bitkub | Leading Thai exchange, secure, regulated crypto trading |
Top 11 Crypto Exchanges In Philippines
1.Bitget
Bitget is an exchange headquartered in the Seychelles that boasts a low fee structure and a wide range of derivatives trading options.
It enables leverage trading which entails the ability to trade using borrowed funds that increase the profits that can be earned (or lost).
Additionally, Bitget offers a copy trading tool which enables new users to copy the trades done by the professional traders.
The platform is more suited for advanced traders but new users too can use it easily due to the simple design.
Bitget’s offering consists of several major cryptocurrencies with a strong emphasis on the futures and perpetual contracts market, ensuring its clients a complete and sophisticated trading service.
| Category | Details |
|---|---|
| Fees | Low trading fees with discounts on futures contracts. |
| Support | 24/7 customer support through live chat and email. |
| Key Features | Specializes in futures and derivatives trading with high leverage. |
| Link | Bitget Exchange |
2.Gemini
Gemini is a cryptocurrency exchange that caters for the needs of the US stakeholders.
This can be said to be the competitors feature which sets Gemini apart from the competition as they are focused on operating within the law. It is one of only a handful of exchanges to get a license from NYDFS.
As such, regulated exchanges such as Gemini represent a fiat bridge to crypto which provides customers with peace of mind as they are safe to use both for new and veteran traders alike.
Gemini offers trading in a fair number of coins such as Bitcoin, Ethereum, and many others.
However, there are moderate costs on this platform, but it has a simple interface, offers insurance over the custodial assets and more sophisticated trading options, all this allowing to provide a compromise between security and convenience to the users.
| Category | Details |
|---|---|
| Fees | Transparent fee structure with competitive rates for both retail and institutional users. |
| Support | 24/7 customer support through live chat, email, and phone. |
| Key Features | Fully regulated exchange offering strong security features like two-factor authentication (2FA). |
| Link | Gemini Exchange |
3.Coinbase
Coinbase is one of the greatest and most popular cryptocurrency exchanges all over the world with a large user base especially in the US.
That makes it perfect for the new crypto investors as it is easy to use. Coinbase also provides an easy to use interface for most cryptocurrency users wanting to purchase, sell, or hold assets like Bitcoin, Ethereum, and so many more.
While their fees have been argued to be steep in comparison to other exchanges, the level of security, the regulatory compliance and the educational component provided make them a preeminent exchange for newbies.
Customers who wish to trade at lower charges and use more advanced tools are able to do so on Coinbase Pro.
| Category | Details |
|---|---|
| Fees | Offers competitive fees with no hidden charges on trades or transfers. |
| Support | 24/7 customer support through email and help center. |
| Key Features | Easy-to-use platform with educational resources to help beginners. |
| Link | Coinbase Exchange |
4.Binance
Binance was established in 2017 and has since grown to become the largest cryptocurrency exchange in the world in terms of trading volume.
With a low-cost and high number of supported coins (500 and more), it provides numerous services like spot trading, margin trading, futures, staking as well as a crypto project launchpad.
Providing a simple way for beginners to trade and elaborately assisting professionally involved traders with algorithm-based systems, Binance is able to appeal to most market participants.
Using BNB, Binance’s native token, offers users special features such as discounts on trading fees.
Binance offers effective solutions due to its global operations and the wide scope of its features.
| Category | Details |
|---|---|
| Fees | Low trading fees, especially with Binance Coin (BNB) usage for discounts. |
| Support | 24/7 customer support through live chat and extensive help center. |
| Key Features | Offers a wide range of cryptocurrencies, trading pairs, and derivatives. |
| Link | Binance Exchange |
5.Coins.ph
Coins.ph is a Filipino-oriented cryptocurrency exchange that allows buying selling or trading of all digital currencies easily.
By providing fiat-to-crypto services, it adds convenience for local users to acquire crypto using the Philippine peso.
Besides cryptocurrency buying and selling, Coins.ph facilitates remittances that enable its clients to send out money abroad.
This platform supports trading of Bitcoin, Ethereum, XRP and other prominent cryptos in a safe environment.
Moreover, Coins.ph is under the supervision of the Central Bank of the Philippines (BSP) which adds to the security and confidence level especially for Filipino users.
| Category | Details |
|---|---|
| Fees | Charges competitive fees for crypto purchases and transfers. |
| Support | Provides customer support through email and a comprehensive help center. |
| Key Features | Allows users to pay bills and top-up mobile credits using cryptocurrency. |
| Link | Coins.ph Exchange |
6.Bybit
Bybit is an exchange operated from Singapore that specializes on derivatives trading mainly futures and perpetual contracts.
They have cheap trading costs and also allow leverage, which means that any profits (or losses) traders may be able to increase.
The trading platform provides advanced features like Bybit leveraged tokens trading options which are great for professional traders.
It also provides staking, a mobile trading application, as well as two-factor authentication for added security.
In view of the fact that Bybit is able to provide facilities which are useful for many ordinary traders, its interface may be intimidating for novice traders.
But for more practiced crypto traders specifically looking for high reward and high risk trades which is most likely not many, Bybit remains a favorite exchange.
| Category | Details |
|---|---|
| Fees | Offers low fees, particularly for futures and margin trading. |
| Support | 24/7 support through live chat, email, and a comprehensive knowledge base. |
| Key Features | Provides leverage trading with up to 100x for futures contracts. |
| Link | Bybit Exchange |
7.KuCoin
KuCoin is a global cryptocurrency exchange offering a high number of altcoins through many features like spot trading, futures trading, margin trading, and staking.
It is widely popular due to the presence of low fees and advanced trading tools as well as the worldwide outreach.
KuCoin has a strong user base and supports a number of services such as the KuCoin Earn where users can stake coins to get passive income.
The site lists numerous altcoins making it suitable for users who are searching for rare coins supporting services unreadable by sites hosted on other exchanges.
Also, KuCoin offers friendly interface and mobile apps acquiring much easier trades with smartphones.
| Category | Details |
|---|---|
| Fees | Offers competitive trading fees with additional discounts for token holders. |
| Support | 24/7 customer support through live chat and detailed help center articles. |
| Key Features | Supports a wide variety of cryptocurrencies, futures, and margin trading. |
| Link | KuCoin Exchange |
8.PDAX
PDAX is a cryptocurrency exchange that is located in the Philippines and is intended for Filipino traders.
It enables its users to trade in cryptocurrencies as well as physical currency by using the Philippine Peso.
PDAX appears to have an intuitive design regardless of the experience of the user, whether a beginner or a seasoned one.
Furthermore, the business permits trade at inexpensive costs, supports numerous cryptocurrencies, and offers regional help.
PDAX further integrates with local banks which makes it easier for users to deposit or withdraw money.
With all these tools, as a regulated platform, PDAX has a compliance focus with Philippine laws and a trustworthy focus in enhancing security.
| Category | Details |
|---|---|
| Fees | Competitive fees for both deposits and withdrawals, with no hidden charges. |
| Support | Provides customer support via email and an extensive help center. |
| Key Features | Supports trading in PHP for a seamless local experience. |
| Link | PDAX Exchange |
9.OKX
OKX is an international cryptocurrency exchange which is convenient because of the low fees and a high number of supported services.
It has spot, futures, margin and DeFi trading services thus being a multi-faceted platform for the users of all levels.
OKX also offers advanced trading interfaces with high level of personalization, suitable to create an optimal trading environment.
The platform also supports many crypto-assets and allows for a variety of trading pairs including crypto and fiat pairs.
Of note, OKX is also equipped with algorithmic trading, lending and staking features that enable users to enhance and diversify their investment portfolio with a variety of strategies.
| Category | Details |
|---|---|
| Fees | Offers competitive fees for spot trading, futures, and margin trading. |
| Support | 24/7 customer support through live chat, email, and a comprehensive help center. |
| Key Features | Offers a wide range of cryptocurrencies and advanced trading tools. |
| Link | OKX Exchange |
10.Bibox
Bibox is a cryptocurrency exchange that includes intermixed trading along with advanced trading features with the help of AI.
It has low fees for traders and the site covers hundreds of cryptocurrencies. On top of excluding standard spot trading, it also has token offerings, margin trading and stake some cryptocurrencies to reap passive income.
Another particularity of Bibox is its AI trading recommending feature which aids the users in their trading activities.
If you are a user who wants a complete feature-oriented platform for everything that involves trading or even investment, then Bibox can be your go-to exchange.
| Category | Details |
|---|---|
| Fees | Competitive trading fees with a discount for using Bibox tokens (BIX). |
| Support | Provides customer support through live chat, email, and FAQ resources. |
| Key Features | Offers token listing services and IEO (Initial Exchange Offerings). |
| Link | Bibox Exchange |
11.Bitkub
Bitkub is a Thailand-based platform and exchange that allows users to buy, sell and trade digital currencies and as such is regulated.
Its design outlook is simple, which makes it user friendly to new and advanced traders.
Bitkub looks forward to fostering a secure cryptocurrency trading ecosystem and is governed by the Thailand’s Securities and Exchange Commission (SEC).
The exchange deals with major digital currencies which include bitcoin and ethereum and is mostly used by Thailand citizens who are willing to buy digital currencies. Users are educated about the cryptocurrency space at Bitkub as well.
| Category | Details |
|---|---|
| Fees | Low trading fees with transparent pricing for buying and selling. |
| Support | Provides customer support through live chat, email, and phone. |
| Key Features | Allows easy and quick transactions with Thai Baht for local users. |
| Link | Bitkub Exchange |
How To Choose Top 11 Crypto Exchanges In Philippines
License of the Exchange
Make sure that the exchange has been licensed and has been registered to practice in the Philippines, for example with the Bangko Sentral ng Pilipinas (greater central bank of the Philippines). These licenses are proof of compliance of the exchanges with some regulatory guidelines that includes the security of their clients.
Trustworthy and Secure
Always check whether the exchange is offering two factor authentication (2FA), also if they have cold storage for digital assets as well as encryption. This practically eliminates chances of an attack and users losing their funds.
Easy to access
Pick exchanges which are easy to use if you are new to trading. Just the overall flow of the web page for both mobile users and laptop users should be simple.
Available Trading Coins
It is critical to note the exchange’s supported currencies, and they include major coins like Bitcoin, Ethereum, Litecoin.., and of course other altcoins which you are keen on trading.
Charging Fees
It is very important to look at differences in charging fees on various exchanges, which is especially important for people who trade often as they can save a lot in the long run. You can check on trading fees, deposits, and withdrawal fees for example.
Liquidity
One of the most useful features is the liquidity that allows to maintain the fair price of your trade. Pick up the exchange with high trading volume so as to eradicate the problem of slippage and speed up trade execution.
Payment Methods
Using local payment methods such as bank transfer Gcash and PayMaya would make it easier for you to deposit and withdraw fiat currency; therefore, find exchanges that are applicable. This can make your trading more efficient.
Customer Support
Anyone can run into problems, so having a dependable customer service provider is crucial. Find out if the exchange has live chat, email, Help Center or another quick response support service.
Trading Features
For those who are good at trading, it would do them good to look out for an exchange that supports the use of margin, futures, staking, as well as an automated trading bot to give their trades strategy a boost.
Reputation
The reputation of the exchange can be researched on good review sites as well as how long the platform has been running. The reputation is a good indicator of how reliable and effective the exchange is.
Mobile App Availability
The exchange of currency can be done even by the smallest devices with the help of a mobile app. You need to ensure that the exchange has a good designed app with all the relevant features that can allow easy trading using the smartphone.
Fiat Integration
Switching your local currency into crypto and back becomes a smoother experience if you pick exchanges that allow fiat to crypto transactions (use PHP or other local currencies) .
Conclusion
In conclusion, the best cryptocurrency exchange in Philippines allows new investors to trade easily as they have any requirement that needs to be filled.
The users have the liberty to choose from trading platforms ranging, they can choose to trade on PDAX or move to binance or Kraken, because the options are limitless.
The most important security features and customer support options should also be taken into account when choosing a crypto trading platform, as every exchange has its unique asset classes and geo focus which proportionately expands or decreases liquidity and fees depending on the current market.
