As crypto adoption surges in the Philippines in 2025, choosing among the top Philippine crypto exchanges is critical for security, ease of use, and trading success. With over 15 BSP-registered platforms operating locally, Filipino investors are no longer limited to one or two apps.
Whether you’re a first-time trader or an experienced investor, this comparison of Coins.ph, PDAX, and Binance P2P will help you make an informed decision based on fees, features, security, and user experience.
Top Philippine Crypto Exchanges: What Makes a Good Exchange in 2025?
Before diving into the comparison, it’s essential to understand what defines the top Philippine crypto exchanges today:
| Criteria | Why It Matters |
|---|---|
| BSP Licensing | Ensures legal and financial compliance |
| PHP Funding Options | GCash, Maya, Instapay, OTC options |
| Trading Fees | Lower fees = better profits |
| Security | 2FA, cold wallets, user protection |
| User Interface | Important for beginners and pros alike |
| Customer Support | Fast response means less risk during issues |
Top Philippine Crypto Exchange #1: Coins.ph
Overview
Coins.ph is one of the top Philippine crypto exchanges and the first to be licensed by the Bangko Sentral ng Pilipinas (BSP). It’s widely known for combining crypto trading with mobile wallet services.
Key Features
- Supports PHP and stablecoins
- GCash/Maya integration
- User-friendly mobile interface
- Crypto payments for bills, load, and remittances
Fees & Limits
| Type | Fee |
|---|---|
| Trading Fee | 1.0% per trade |
| Cash-in (GCash) | Free up to ₱100,000/month |
| Withdrawal | ₱10–₱15 per transaction |
Security
- 2FA and email confirmation
- Licensed and regulated by BSP
- Strong fraud monitoring
Best For:
Beginners, casual traders, crypto utility (payments, load, bills)
Top Philippine Crypto Exchange #2: PDAX
Overview
PDAX (Philippine Digital Asset Exchange) is a homegrown crypto platform built specifically for Filipino users. It’s known for offering competitive trading fees and direct PHP-to-crypto conversions.
Key Features
- BSP-licensed and headquartered in the Philippines
- Wide range of supported coins (BTC, ETH, SOL, XRP, etc.)
- Advanced trading dashboard for pro users
- Integration with GCash, Maya, and bank transfers
Fees & Limits
| Type | Fee |
|---|---|
| Maker Fee | 0.50% |
| Taker Fee | 0.60% |
| PHP Deposit | Free (via GCash/Maya/Bank) |
| Withdrawal | ₱10–₱15 standard bank fee |
Security
- ISO-certified security infrastructure
- 2FA login and transaction approvals
- Built-in custodial wallet with optional external wallet support
Best For:
Intermediate to advanced traders looking for low-cost PHP-crypto trades
Top Philippine Crypto Exchange #3: Binance P2P
Overview
Although not a locally registered VASP (as of mid-2025), Binance P2P remains one of the most used crypto platforms in the Philippines for its peer-to-peer marketplace, competitive pricing, and coin selection.
Key Features
- Global liquidity with hundreds of available coins
- PHP trades via direct seller-buyer matching
- Escrow protection on all P2P trades
- No minimum trade requirements
Fees & Limits
| Type | Fee |
|---|---|
| P2P Trading Fee | 0% for buyers/sellers |
| Fiat Deposit | Depends on 3rd party |
| Crypto Withdraw | Network-specific fee |
Notes on Regulation:
- Not currently BSP-licensed
- Use caution and verify sellers’ ratings
- Crypto-to-crypto trades allowed; however, fiat-related services may face local restrictions
Best For:
Experienced traders, those seeking global coin access and zero-fee P2P
Top Philippine Crypto Exchanges: Side-by-Side Comparison
| Feature | Coins.ph | PDAX | Binance P2P |
|---|---|---|---|
| BSP Licensed | ✅ Yes | ✅ Yes | ❌ No (as of 2025) |
| PHP Funding (GCash/Maya) | ✅ Yes | ✅ Yes | ✅ Yes (via sellers) |
| Mobile-Friendly | ✅ Excellent | ✅ Good | ✅ Excellent |
| Trading Fees | ❌ High | ✅ Low | ✅ None (P2P) |
| Coin Selection | ✅ Limited | ✅ Moderate | ✅ Extensive |
| Best For | Beginners | Local Traders | Experienced Users |
Top Philippine Crypto Exchanges: Which One Should You Choose in 2025?
Choose Coins.ph if:
- You want a beginner-friendly app
- You use GCash often
- You plan to use crypto for bills or load
Choose PDAX if:
- You want lower fees
- You need more coin options than Coins.ph
- You want a legally registered local platform with pro tools
Choose Binance P2P if:
- You’re confident with peer-to-peer trading
- You want access to global altcoins
- You’re comfortable trading outside a regulated VASP environment
Final Thoughts: The Future of Top Philippine Crypto Exchanges
The rise of top Philippine crypto exchanges marks a pivotal shift toward financial inclusivity, digital investment, and decentralized wealth. In 2025, with crypto trading more accessible than ever, Filipinos have the tools to participate in the global digital economy.
Whether you’re investing for long-term gains or exploring new financial tools, choosing the right exchange will shape your crypto journey.
Start small. Stay informed. Choose wisely.