It is now possible to buy crypto in the Philippines with a regulated online exchange that offers low fees and accepts PH residents and expats living in Manila, Cebu or around the country.
In this guide we review the best crypto exchanges in the Philippines for both investing in crypto and trading. When comparing crypto platforms, our reviews explore everything from safety and fees to supported markets and customer service. The Best Crypto Exchanges in the Philippines for 2022
From our research these are the top 5 PH crypto exchanges worth opening an account at: Crypto.com – Overall Best Crypto Exchange in the Philippines for 2022
Capital.com – Over 470 Crypto Markets With Low Fees
Coinbase – Best Cryptocurrency Exchange in the Philippines for Beginners
Binance – Low Fee P2P Marketplace and Crypto Exchange for Trading
PDAX – BSP Regulated Exchange Based in the Philippines
Of course, you will require more information before you go ahead and create an account to trade cryptocurrencies.
We cover full reviews below, covering the best Bitcoin exchange in the Philippines, beginner-friendly platforms, global offerings with hundreds of assets, and more: The Top Bitcoin Exchanges in the Philippines Reviewed
We’ve picked out the best Philippines crypto exchanges by looking at trading fees, listed coins, regulations, payment methods, and more. 1. Crypto.com – Overall Best Crypto Exchange in the Philippines for 2022
Crypto.com offers the overall best Bitcoin exchange in the Philippines. In addition to Bitcoin, you will find over 250 other cryptocurrencies. The Crypto.com exchange has been around for several years and is a well-respected trading platform for newbies and seasoned investors alike.
US regulators watch the space to ensure it operates professionally, which should give you peace of mind as a crypto trader. The commission fee here is 0.04% to 0.4% for market makers, and 0.1% to 0.4% for takers. This is competitive and will ensure that you do not overpay to trade crypto.
That said, if you plan to buy and stake CRO tokens you will be eligible for a discount on the aforementioned commission fee. Traders in the Philippines might also consider ordering the Crypto.com Visa card. The Visa card is linked to crypto, free of charge and you can enjoy up to 8% back on all spending.
There are no annual fees to worry about and you can top up using either your local currency or a digital asset. There are different types to choose from with varying staking rewards. The card also offers different benefits involving companies such as Airbnb and Expedia.
You can store any cryptocurrencies you buy in the custodial wallet offered by Crypto.com if you wish. This is a convenient way to keep your investments safe at all times. Alternatively, there is a downloadable DeFi wallet that allows you to keep your private keys safe yourself, without the assistance of a third party. This is also one of the best cryptocurrency exchanges to buy non-fungible tokens – it has its own NFT marketplace.
At Crypto.com, you will find unique digitalized tokens of everything from celebrity figures and art pieces to games, music, and animations. You can fund your Crypto.com account using a bank transfer or a debit card. Notably, the latter comes with a charge of 2.99%. The minimum deposit is $20, which is around ₱1,000.
What We Like:
Cryptoassets are a highly volatile unregulated investment product. 2. Capital.com – Trading Platform With Over Crypto 470 Markets
Capital.com is one of the best Philippine crypto platforms for a number of reasons. It’s simple to navigate and lists over 470 crypto markets. Although, rather than being a conventional exchange, Capital.com offers CFDs.The instrument will track the price of the underlying crypto asset, so you don’t have to take ownership of any tokens. CFDs also allow you to speculate on the price of cryptocurrencies in either direction, as opposed to the traditional method of buying assets and only making gains from a rise in value.This allows you to create a sell order on any crypto assets you believe will fall in value, and if it does, you make a profit. You can also place a buy order on any cryptocurrency you think will rise in value. In much the same way, if it rises, and you were correct to go long, you can cash out with gains.This also saves you from storing digital currencies, securing wallets, and looking after private keys. Another reason this is one of the best Philippines crypto exchanges is that Capital.com will allow you to trade […]