Here are the 21 best exchanges in the Philippines to buy bitcoin. If you value your security as a trader, then Bitsquare is the perfect bitcoin trading platform especially if you love remaining anonymous. Bitsquare users can buy and sell bitcoin with all national fiat currencies. Pros. Jun 25, · The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, . Mar 20, · Offering great Bitcoin pairs like JPY, GBP, EUR, USD it makes for one of the best Bitcoin trading platform in the industry. Also, I personally love the security, it uses two-factor authentication just like any other security conscious Bitcoin market, in addition to its PGP and GPG encryption algorithms.
Best bitcoin trading platform in philippines(Updated Oct ) List of Cryptocurrency Exchanges in the Philippines
Pros Established reputation User-friendly interface High liquidity Large purchasing limits Strong security. Cons Support takes time to respond Slow bank transfers.
Pros Respectable reputation Global support Reliable customer support Tiered verification Affordable fees. Cons Few payment methods Sophisticated UI. Pros Available worldwide High purchasing limits Dependable and trustworthy Excellent leadership and customer support Fast and secure transactions. Cons High fees when purchasing with a credit card or debit card Delay in processing time.
Cons Bank transfers can take 1 to 5 days to complete Above-average fees. Pros A large number of cryptocurrency pairs Strong security Privacy. Pros Supports many currencies Large selection of cryptocurrencies High purchasing limits Ledger and Trezor wallet support. Pros Trustworthy management High volume exchange Low fees A large number of cryptocurrency pairs Global support. Cons Buyers and sellers are at risk of being scammed. Pros Available in every country of the world A diverse selection of buyers and sellers Supports many payment methods Buyers get their bitcoins fast Private.
Cons Lack of cryptocurrency diversity Both sellers and buyers have a chance of being scammed. Pros Multiple funding methods Ability to purchase bitcoin at market rate Wallet and exchange. Cons The initial lag time Not supported in all countries.
Pros Multipurpose functionality Simple verification Business solutions. Pros Low fees Multiple payment methods Easy verification process Dependable and trustworthy. Pros Respectable reputation Supported globally No registration required Privacy Perfect for advanced traders.
Cons Few payment methods Not suitable for beginners. Pros Many cryptocurrencies and payment methods supported High liquidity Trustworthy management Good customer support. Pros Many payment methods Diverse cryptocurrencies supported.
Cons Slow customer support Mobile only. Pros Easily accessible Convenient Fun to use Physical kiosk with receipt and customer service.
Cons Distance to travel Higher fees than most exchanges. Search the website Hit enter to search or ESC to close. Cameron Winklevoss , Tyler Winklevoss. Read Review. Brian Armstrong , Fred Ehrsam. Knowledge Base. Nicolas Katan. Changpeng Zhao , Yi He. Ray Youssef , Artur Schaback. Konstantin Gladych , Ilya Bere.
Dmitry Lazarichev , Pavel Matveev. Ron Hose , Runar Peturrson. Leon Li , Jun Du. Bill Barhydt , Gwyneth Paltrow. Bank Account. Credit Card. If Bitcoin is gold, ether is silver. There are three properties of cryptocurrency. These properties set it apart from the usual fiat currency. In order to further understand the token, you also need to know its properties. The state of cryptocurrencies in the Philippines is looking bright.
The BSP released its first advisory on virtual currencies in It informed the public about its features and risks in dealing with cryptocurrencies. After three years, in February 6, , the regulator then released a circular concerning virtual currency exchanges that are more favorable towards crypto. This circular is called BSP Circular where licensed companies are allowed to legally exchange fiat to crypto and vice versa.
The SEC, on the other hand, is also busy giving out advisories to the public about entities that use Bitcoin and other cryptocurrencies for investment schemes Click here for a list of SEC Advisories. The SEC is also developing draft rules on virtual currency exchanges.
It is also finalizing its rules on ICOs initial coin offerings. In the Philippines, it is easy to buy Bitcoin, sell, or trade. You can download an application like Coins. This is usually the most common way to buy BTC. You can also buy, sell, and trade using a crypto trading platform, the subject of this article. All the exchanges listed here are BSP-licensed. This means they are based in the country, allowing users to do crypto-Php trades and even reach out to them via customer support.
It is a trading platform where users can buy, sell, and trade cryptocurrencies. An online platform where users can exchange cryptocurrency to another cryptocurrency or fiat. These exchanges charge a fee for each transaction. So it is not a stretch to think that they will offer Bitcoin to PHP and vice versa. Using your Coins. In order to transfer funds from your Coins. Coins Pro also allows users to trade fiat to Bitcoin cash, ripple, litecoin soon , and ethereum.
Because it is connected to Coins. Check out this article to learn more. Coinvil Coinville received its virtual currency license in March In an interview with BitPinas , it plans to introduce more blockchain projects to the Philippines and help introduce local projects to its partners abroad, particularly in South Korea. It is now live. PDAX said it will utilize the same order-matching technology used in stock exchanges to match buyers and sellers.
More coins are set to be announced soon. Not much is known about Citadax at the moment, but its website currently allows users to join the waitlist.
Juan Exchange operating under Zybi Tech has received a license to operate a virtual currency exchange in They had a grand launching last May B-Express already operates an over-the-counter Bitcoin service but recently received a license from the BSP this March