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15 Best Crypto Trading Platforms in the Philippines 2023

Updated 2023-07-21 15:47:00

Cryptocurrency is quite popular in the Philippines and it is pretty ahead of most of the countries in terms of adopting cryptocurrency. Even, though the current situation in the Philippines is not the same as in El Salvador which announced Bitcoin as legal tender, there are a significantly large number of crypto users and crypto investors compared to others. Moreover, the Philippines is the number one country with the highest number of Metamask wallet users and sixteen cryptocurrency exchanges are registered, which can process crypto trading legally.

 

A cryptocurrency trading platform, also known as a cryptocurrency exchange will let users buy, sell, and trade cryptocurrencies with the assistance and guidance of an app or web-based tool. In this article, the 15 best crypto trading platforms in the Philippines will be examined with the considerations of security, user experience, available features, service charges, and compliance regulations.

 

1) Coins.ph

Coins.ph - Best Crypto Trading Platforms in the Philippines

 

Coin.ph is a well-known crypto exchange and wallet provider in the Philippines. Established in 2014, it provides a less-complex crypto exchange platform for buying, selling, and storing cryptocurrencies. From Coins.ph website’s homepage, represents its exchange as “the easiest way to buy, sell and store cryptocurrency in the country.” With an easy user-friendly interface, Coin.ph benefits both beginners and experienced traders, creating it an ideal choice for those interested in the crypto world. The platform supports popular cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Ripple, allowing users to diversify their investments.

 

Coin.ph can provide facilities like fiat-to-crypto trading, enabling users to convert Philippine Pesos into cryptocurrencies and vice versa. The platform makes priorities on security by implementing encryption, two-factor authentication (2FA), and cold storage. Coin.ph is compliant with guidelines regulated by the Bangko Sentral ng Pilipinas, making sure a secure and efficient trading platform. Special features of Coins.ph are

 

  • Mobile Wallet - enables users to store their cryptocurrencies online securely.
  • Coins.ph mobile app – available for both IOS and Android devices and platform users can easily manage their crypto assets, send and receive funds, and track their transaction history.
  • Cryptocurrency Remittance – permits users to transfer remittances in the form of cryptocurrencies.
  • Prepaid Load and Game Credits – deliver the capability to purchase prepaid mobile loads for various Philippine telecom providers directly from the wallet.
  • Coin Pro - a feature that enables users to trade cryptocurrencies on a dedicated trading platform with advanced trading facilities.

 

2) Binance

Binance - Best Crypto Trading Platforms in the Philippines

 

 

Binance is a powerful and widespread crypto exchange and token in the crypto industry. It was established in 2017 by Changpeng Zhao and Hei Yi. Binance has gained quite a popularity and interest in the Philippines. With its massive varieties of cryptocurrencies, user-friendly interface, advanced trading features, robust security measures, regulatory compliance, and responsive customer support, it can provide a consistent platform for cryptocurrency trading in the Philippines.

 

Binance prioritizes security, implementing measures like two-factor authentication and cold storage for funds. The crypto exchange platform carries out procedures in accordance with regulations, providing a safe trading environment. Binance's presence in the Philippines has ensured its image as a leading cryptocurrency exchange, enabling users to access a wide range of cryptocurrencies and engage in secure and efficient trading activities. Specific key features in Binance are

 

  • Binance Spot trading - Offers spot trading, enabling users to buy and sell cryptocurrencies at the current market price
  • Binance Future - provides users to have the ability to trade cryptocurrency futures contracts.
  • Binance Launchpad - a platform that assists token sales and initial coin offerings (ICOs) for blockchain projects.
  • Binance Skating - allows crypto users to contribute to skating programs and get rewards by holding certain cryptocurrencies in their Binance accounts.
  • Binance Savings – gives different saving products that let crypto users to earn interest on their idle cryptocurrency holdings.
  • Binance Card – gives a crypto debit card called Binance Card which permits users to spend their cryptocurrencies at merchants that accept Visa.
  • Binance Academy – offers educational resources like articles, tutorials, and videos for crypto investors to understand cryptocurrencies, blockchain technology, and trading concepts.
  • Binance Launchpool - a platform that offers users to skate their Binance Coin (BNB) or other cryptocurrencies and earn rewards in new token offerings.
  • Binance Charity - leverages blockchain technology to support charitable causes.

 

3) PDAX

PDAX - Best Crypto Trading Platforms in the Philippines

 

PDAX (Philippine Digital Asset Exchange) is one of the best crypto exchange platforms based and founded in the Philippines. It enables users to buy, sell, and trade cryptocurrencies using Philippine Peso (PHP). Established in 2017 and regulated by Bangko Sentral ng Pilipinas, PDAX can provide a secure and user-friendly platform. It assists cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash.

 

Prioritization is mainly on security with features such as two-factor authentication and cold storage. While cryptocurrency is a risky investment, PDAX encourages responsible and secure trading. Furthermore, PDAX is a good image exchange with efficient regulatory compliance, a wide range of cryptocurrencies, an intuitive interface, and high-security measures for individuals in the Philippines. Key features in PDAX are

 

  • PDAX Academy - provides to both beginners and experienced traders, providing real-time price charts, order books, and trading history.
  • PDAX Referral Program – offers a referral program that allows users to get rewards by referring others to the platform.
  • PDAX mobile app - permits trading, and customer support is accessible every time to address problems from users

 

4) Abra

Abra - Best Crypto Trading Platforms in the Philippines

 

Abra is a mobile-based crypto trading platform and one of the best crypto applications in the Philippines that facilitates cryptocurrency trading. It has established in 2014 and is based in the United States. Abra is a user-friendly interface trading platform that provides various cryptocurrencies, Bitcoin, Ethereum, Ripple, and Litecoin.

 

The platform applies a synthetic asset model which will allow users to trade synthetic assets and traditional assets such as stocks and exchange-traded funds (ETFs). Interestingly, Abra can suggest a convenient and efficient platform for Filipinos to participate more in cryptocurrency trading by offering its user-friendly interface, assistance for various cryptocurrencies, efficient approach, and significant features. The special features of Abra are

 

  • Abra Wallet - offers a digital wallet for the users to store securely their cryptocurrencies. This also enables users to control fully their ownership and crypto assets.
  • Abra Earn – allows users to gain interest from their crypto assets. It can provide an opportunity for users to maximize their crypto assets without requiring them to trade actively.
  • Abra Borrow - delivers a feature that enables platform users to borrow against their crypto holdings.
  • Abra App - gives specific features such as real-time charts and portfolio tracking, and trading experience increment.

 

5) Crypto.com

Crypto.com - Best Crypto Trading Platforms in the Philippines

 

Crypto.com is a crypto exchange company located in Singapore. The exchange possesses its own exchange token named Cronos (CRO). The company was established first in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 with the name “Monaco”. The company was renamed “Crypto” in 2018. Crpyto.com exchange is a marketplace where buyers and sellers can come at the same time to trade assets at detailed prices. It functions as a platform on which market users can carry out the process without having to find buyers and sellers who want to trade with them. Trading through a Crypto.com exchange is greatly demandable for traders as a large number of users can be found in one place, which will enable liquidity.

 

To start using Crypto.com in the Philippines, the registration procedure consists identity verification process to follow the anti-money laundering (AML) and know-your-customer (KYC) regulations. With the best security measures and protection, the Crypto.com platform can provide the best experience to users in crypto investing. Some important features are

 

  • Crypto.com Visa card – enables users to spend their cryptocurrencies in the real world.
  • Crypto Earn – allows users to earn interest on their cryptocurrencies.
  • Crypto Credit – offers users to borrow against their cryptocurrency holdings. Users can leverage their crypto assets as collateral to access fiat currency loans.
  • Crypto.com Exchange - provides the user with the ability to carry out trading for more than 200 unlike cryptocurrencies at reasonable market fees and discounts for users who use only Crypto.com ’s Cronos tokens.
  • Crypto.com Wallet - enables a digital asset wallet for users to store securely.
  • Crypto.com App - deliver users to effortlessly manage their crypto assets, proceed services, and features offered by Crypto.com.

 

6) Bybit

Bybit - Best Crypto Trading Platforms in the Philippines

 

Bybit is one of the most popular cryptocurrency trading platforms founded in 2018 and the headquarter is located in Singapore. Its function is specifically for leveraged trading and provides several choices of trading options, involving perpetual contracts and futures contracts. Due to its easy user-friendly interface, Bybit can provide traders of all experience levels to any kind of traders. One of the facts that makes the platform different from other platforms is that it can support popular cryptocurrencies, provide leverage options of up to 100x for select trading pairs and enable traders to amplify their potential profits.

 

Bybit creates a secure user experience with two-factor authentication to safeguard users' funds for its crypto exchange platform. Additionally, the platform widely provides reliable customer support services like a live chat function and a grey release feature which will make sure that the platform is carrying out live trading. Other key features are included in Bybit such as

 

  • 1 Click Coin Swaps - easy conversion between supported cryptocurrencies from the users’ accounts
  • 100,000 TPS per contract - 10x the industry average and results in no overloads
  • Cold wallet storage - cold storage functions by conducting three daily manual withdrawals to increase security
  • Unlimited Withdrawals - Crypto traders can maximize their process without limitation
  • No KYC - Accounts can be created and kept with only email addresses and username information.

 

7) eToro

eToro - Best Crypto Trading Platforms in the Philippines

 

eToro is a well-known online social trading and multi-asset brokerage platform that enables crypto users to make a trade in various aspects like stocks, cryptocurrencies, commodities, currencies, and others. eToro has been available to Filipinos since 2021. Like other crypto exchange platforms, this platform is regulated, efficient, and complied with well-known regulations in the Philippines which remarks as one of the user-efficient trading platforms in the Philippines. The facts that make the eToro platform unique from others are

 

  • CopyTrading Feature – a feature that enables crypto traders to replicate the trades of other experienced traders or any trader from the community. Moreover, this feature will assist novices or beginners in trading to take knowledge from experienced crypto investors and their strategies.
  • eToro’s Popular investor program - allows successful traders to become recognized in the community by providing additional payments based on the number of copies they attract, sharing knowledge and strategies with each investor.
  • eToro Wallet – enables the platform to regulate under the regulation of reputable financial authorities and deliver the best level and trust to the crypto users for the storage of crypto assets in the wallet.

 

8) Kraken

Kraken - Best Crypto Trading Platforms in the Philippines

 

Kraken is one of the best global crypto exchanges and well-established since 2011, providing crypto users to buy, sell and trade different types of cryptocurrencies. Kraken gives a robust trading platform with modernized features and security measures for efficiency in using the platform. Kraken can assist skating which can make users have extra cryptocurrency rewards by holding particular cryptocurrencies in the Kraken Wallet. Due to its specific features offering crypto users to carry out their needs efficiently in the crypto world, Kraken also stands as one of the best platforms to be considered. Main Key Features are

 

  • Kraken Pro feature - platform users can make orders, check real-time market data, and access trading tools to examine price trends and create informed trading decisions.
  • Security Lab – a security research division, that focuses on identifying and addressing securities vulnerabilities in the system.
  • Spot trading – a feature where crypto users can perform trades at the current market price offering users the to take advantage of price movements and manage their cryptocurrency portfolio.
  • Margin trading - delivers users to carry out trade with the borrowed funds and strengthen potential profits or losses.

 

9) Changelly

Changelly - Best Crypto Trading Platforms in the Philippines

 

Changelly, one of the well-known cryptocurrency exchange platforms, has attained much popularity and demand among crypto investors and enthusiasts in the Philippines. Changelly assists a numerous range of cryptocurrencies, enabling crypto users in the Philippines to discover different trading pairs. The simple and intuitive design creates it straightforward process to enter the crypto world with desirable amounts for the exchange. In good compliance with the latest regulations, Changelly offers a highly secure trading platform to users in the crypto market. The main features that Changelly provides are

 

  • Instant and Seamless Exchanges - The platform is an easy user-friendly interface that gives guidance effortlessly through the exchange process.
  • Non-Custodial Service – functions as a non-custodial exchange, users will have full control over their funds throughout the exchange process.
  • Integration with External Wallets and Platforms – integrates with different various external wallets and platforms, enabling it appropriate for users to initiate exchanges directly from their wallets or trading platforms.
  • API (Application Programming Interface) – delivers an API that enables developers to integrate Changelly’s exchange functionality into their own applications, websites, or services.
  • 24/7 Customer Support - enables email or live chat for prompt assistance to users.

 

10) BitFlyer

BitFlyer - Best Crypto Trading Platforms in the Philippines

 

BitFlyer is one of the leading crypto exchange platforms in the Philippines and is remarkable as a trusted and secure platform in the Filipino crypto exchange. BitFlyer functions as a regulated cryptocurrency exchange, following strict security measures to safeguard users’ crypto assets and personal information. Moreover, the design of BitFlyer is user-friendliness and offers an instinctive trading interface. For educational purposes, BitFlyer gives blog articles, guides, and tutorials for valuable information about the latest trend in the market. To offer the best user experience and secure platform, a customer support team is also provided to help users solve their problems and BitFlyer is a licensed and regulated cryptocurrency exchange. Key Features are

 

  • BitFlyer Lightning - makes BitFlyer a professional-grade trading experience by offering advanced and modernized trading tools.
  • BitFlyer Futures - provides users to trade cryptocurrency derivatives contracts and delivers a various variety of best crypto exchanges and currencies to Filipinos for best trading.
  • Lightning FX - gives a feature to make trading between fiat currencies and cryptocurrencies.
  • BitFlyer Wallet - applies advanced security measures such as two-factor authentication (2FA) and cold wallet storage for crypto coins and making sure to offer users a secure trading wallet for crypto coins storage.
  • API function – allows developers to add BitFlyer’s trading functionalities into their own applications.

 

11) Huobi

Huobi - Best Crypto Trading Platforms in the Philippines

 

Huobi, Founded in China, has increased in popularity among crypto market users in the Philippines due to its various features for different kinds of traders. Huobi has a strong emphasis on security, employing unlike measures to protect user information. Huobi provides several unique features for crypto users in the Philippines Crypto world. These features highlight Huobi’s commitment to offering an efficient trading platform among crypto users. Huobi aims to meet the needs of cryptocurrency traders and investors by giving a reliable and user-friendly platform. The key features are

 

  • Huobi Pro - a feature within the Huobi Global platform designed for professional traders and investors and offers margin trading, futures trading, and options trading.
  • Huobi Prime - Another function that allows users to have access to high-potential projects and early investment opportunities.
  • Huobi Wallet - a secure digital wallet, that supports crypto users to have full control over their private keys with utilities of modern encryption techniques, cold wallet storage, and two-factor authentication (2FA) for the highest level of protection.
  • Huobi OTC - a feature that allows users to trade cryptocurrencies directly with other crypto users like a peer-to-peer trading platform.
  • Huobi Token (HT) - can make benefits holders of HT with trading fee discounts, access to premium features, participation in exclusive token sales, and rights to vote on important decisions of the Huobi ecosystem.
  • Huobi Labs - Huobi’s 24/7 customer support and mentorship make sure a smooth trading experience for crypto users in the Philippines.

 

12) Gemini

Gemini - Best Crypto Trading Platforms in the Philippines

 

Gemini trading platform stands out as one of the most efficient crypto exchange platforms in the Philippines. It was originally based in New York and is well known for its security-first mentality. Gemini controls its image as a secure platform by complying with applicable laws and regulations in the Philippines. Moreover, Gemini prioritizes securing the crypto assets of users with the above-mentioned protocols and procedures. These facts set Gemini as an outstanding platform among other unregulated platforms by reducing the risks of hacks and unauthorized users. Gemini Trading platform provides several superior features for crypto users. They are

 

  • Gemini Active Trader - a feature with advanced functions such as advanced charting tools, real-time market data, and others
  • Gemini Earn - a feature that allows users to gain interest on their cryptocurrencies, enable investors to lend their digital assets to institutional borrowers through Gemini’s lending partners and earn interest on those loans
  • Gemini Custody - securing protection for high net-worth investors with advanced security protocols with multi-factor authentication, cold storage, and encryption procedures
  • Gemini Clearing - a feature for trading processes like over-the-counter (OTC) trading
  • Gemini API - a program that allows developers to create their own applications and trading bots on top of the Gemini Platform

 

13) Gate.io

Gate.io - Best Crypto Trading Platforms in the Philippines

 

Gate.io is a digital currency exchange founded in 2017 that offers crypto-to-crypto trading of a wide variety of coins and tokens with Tether (USDT), bitcoin (BTC), Ethereum (ETH), and Qtum (QTUM). Its web-based trading platform is functioned to be efficient for usage and security features like 2-factor authentication and cold wallet storage are included. With the above-mentioned special features of Gate.io, it aims to serve as a secure, reliable, and feature-rich platform for Filipino crypto investors. Key features in Gate.io are

 

  • Spot trading - enables platform users to buy and sell cryptocurrencies at the current market price.
  • Margin trading - allows users to trade cryptocurrencies with leverage and borrowing funds.
  • Futures trading - supports traditional futures trading. Traders can take positions on the future price of cryptocurrencies and trade with leverage to amplify their potential returns.
  • Perpetual controls - enables users to trade cryptocurrency futures contracts with no expiration date, to examine the price movements of cryptocurrencies with leverage, permitting better trading opportunities.
  • GateToken (GT) - a native utility token called Gate token (GT), offers numerous benefits like low trading fees, participation in exclusive token sales, and the capability to vote on platform decisions.
  • Gate.io Wallet - provides a secure cryptocurrency wallet for users to stock their crypto assets.
  • Gate.io Mobile app – provides mobile applications for iOS and Android devices offering advanced trading features.

 

14) OKX

OKX - Best Crypto Trading Platforms in the Philippines

 

OKX is a digital asset trading platform founded in 2014 and aimed at different levels of traders offering various trading of cryptocurrencies, allowing fiat-to-crypto transactions and futures trading. It’s currently one of the best crypto exchange platforms for trading crypto. Moreover, Based on OKX’s homepage, OKX represents itself as an efficient and powerful trading platform for users. Some key features of OKX are

 

  • Spot trading - enables platform users to buy and sell cryptocurrencies at the current market price.
  • Margin trading - allows users to trade cryptocurrencies with leverage and borrowing funds.
  • Futures trading - supports traditional futures trading. Traders can take positions on the future price of cryptocurrencies and trade with leverage to amplify their potential returns.
  • Perpetual Swaps - enables users to trade cryptocurrency futures contracts with no expiration date, to examine the price movements of cryptocurrencies with leverage, permitting better trading opportunities.
  • OKB Token – its native utility token called OKB, provides benefits like low trading fees, contribution in exclusive token sales, and the ability to vote on platform decisions.
  • OKX Wallet - a secure cryptocurrency wallet for crypto assets storage with cold storage and two-factor authentication (2FA) safety measures.
  • Security and Compliance – OKX obeys regulatory standards and implements Know Your Customer (KYC) procedures to make sure a secure and protective trading environment for crypto users.

 

15) MEXC

MEXC - Best Crypto Trading Platforms in the Philippines

 

MEXC is some of the first investors in financial and blockchain technology and was founded in 2018. It offers several features and facilities for cryptocurrency trading and investment. MEXC features as a leading cryptocurrency trading platform, providing different features and services to satisfy the diverse requirements of traders and investors. Moreover, it enforces individuals to explore the crypto world and digital assets with confidence and convenience. Some of the main facilities are

 

  • Wide Choice of Cryptocurrencies – MEXC offers access to a wide selection of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other launched tokens.
  • MEXC Token (MEXC) – MEXC’s own native utility token that can deliver different profits like less trading fees, users can participate in exclusive token sales and the ability to vote on platform decisions.
  • Staking and Yield Farming - MEXC provides staking and yield farming programs, letting the platform users gain passive income from the locking of cryptocurrencies.`
  • MEXC Labs - a program that assists advanced blockchain projects.
  • Security and Compliance - MEXC places a solid focus on security and compliance that uses advanced security measures, including cold storage, regular security audits, Know-Your-Customer (KYC), and two-factor authentication (2FA) for a secure trading market.
  • Global Presence and Multilingual Support – provides specific support for users’ diverse necessities, guidance, and assistance in multiple languages.
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