10 Best Crypto Exchanges in the Philippines 2025

Crypto exchange platforms in the Philippines have grown significantly in recent years, giving both new and experienced traders a wide variety of options for buying, selling, and storing digital assets. But with so many choices available, finding a reliable and efficient exchange can quickly become overwhelming.

In this article, we’ve done the work for you. After thoroughly researching the top platforms, testing their features, comparing their fees, and gathering user feedback from the local crypto community, we’re ready to share our findings.

You’ll find our list of the top 10 crypto exchanges that currently stand out in the Philippines — each evaluated based on security, ease of use, trading volume, local currency support, and more.

Whether you’re looking for the best crypto exchange in the Philippines for long-term investing, active trading, or day-to-day crypto use, this guide is built to help you make the right choice.

Key Takeaways

• The best crypto exchanges in the Philippines are Youholder, Uphold, Kucoin, Pionex, Phemex, Kraken, Weex, Bybit, MEXC, and Bitget.
• The Philippines is a crypto-friendly country with growing adoption, clear regulations, and accessible onramps for new and experienced traders alike.
• The best crypto exchange in the Philippines is one that is BSP-licensed, supports PHP, and matches your trading needs.
• Look for platforms that offer strong security, low trading fees, high liquidity, and responsive customer support.
• PHP deposit options like GCash, Maya, and bank transfers are essential for smooth funding and withdrawals.
• Always choose an exchange with a mobile app — the best crypto apps offer real-time tracking, QR payments, and biometric login.
• Exchanges must comply with the BSP’s VASP licensing to legally operate in the Philippines.
• Crypto is taxed in the Philippines: capital gains may be taxed up to 15%, and income from mining or services is taxed as regular income.
• Keep records of all transactions, and report gains or income using the correct BIR forms before the April 15 deadline.

Best Filipino Crypto Exchanges 2025 Are…

Why Trust Webopedia?

At Webopedia, we don’t just list platforms — we research them, test them ourselves, and talk to real users in the Philippines. Every recommendation in this guide is backed by direct experience, expert comparisons, and a deep understanding of what local traders actually need from a crypto exchange in the Philippines.

Our goal is to help you avoid unreliable platforms and find the best crypto exchange in the Philippines for your trading goals — whether that’s security, low fees, or seamless PHP support.

Compare Crypto Exchanges in the Philippines

How to Choose a Good Crypto Trading Platform in the Philippines

Choosing the right crypto exchange in the Philippines can make a big difference in your trading experience and security.

Here are the features we always look at when evaluating platforms:

• License & Regulation Compliance
• PHP Payments
• High-Standard Security
• Minimal Trading Fees
• High Liquidity
• Modern Trading Software
• 24/7 Customer Support
• Large Choice of Crypto Assets
• Any Kind of Insurance
• Reputation and History

In the next sections, we’ll break down each of these points to help you understand what really matters when choosing a Philippine crypto exchange.

License & Regulation Compliance

In the Philippines, the Bangko Sentral ng Pilipinas (BSP) regulates crypto exchanges through the Virtual Asset Service Providers (VASP) framework. This ensures that platforms meet strict standards for anti-money laundering, consumer protection, and operational transparency.

Using a licensed exchange means your funds are handled by a business that has passed local compliance checks and is legally permitted to operate. It also gives you more legal recourse in case of disputes. When choosing a crypto exchange in the Philippines, always verify that it holds a BSP license to reduce risks and ensure accountability.

PHP Payments

Local currency support is a key feature for any Philippine crypto exchange. Exchanges that accept Philippine peso (PHP) deposits and withdrawals give users a smoother experience with fewer conversion fees. This is especially helpful if you’re using popular payment channels like GCash, Maya, bank transfers, or over-the-counter services.

Platforms with PHP support allow you to onboard and cash out without needing to convert to USD or another foreign currency. That saves time, avoids unnecessary charges, and makes the exchange far more accessible to the everyday Filipino trader.

High Standard Security

When you create an account on a crypto exchange in the Philippines, you’re trusting them to protect your money and your data. That’s why strong security measures are non-negotiable. At a minimum, a reliable exchange should offer two-factor authentication, cold wallet storage for user funds, biometric login, anti-phishing features, and withdrawal whitelisting.

Some platforms also monitor suspicious activity and alert users in real time. These layers of protection are vital in an industry where hackers constantly target weak platforms. A secure exchange doesn’t just protect your assets — it gives you peace of mind.

Minimal Trading Fees

Every time you place a trade, a small fee is charged. On high-volume exchanges, those fees can be very low, but on others, they can stack up quickly and eat into your returns. Some crypto exchanges in the Philippines use a flat fee model, while others use maker-taker systems where active traders pay less.

It’s worth comparing these structures depending on how frequently you plan to trade. You should also check for hidden costs like withdrawal fees, conversion charges, or inactivity penalties. The best platforms are upfront about costs and give users multiple ways to lower their fees.

High Liquidity

Liquidity is a major factor when choosing a crypto exchange in the Philippines. It refers to how quickly and easily an exchange can match your order without requiring you to adjust your price. High liquidity means there are enough active buyers and sellers on the platform, so your trades can be executed fast, at the price you expect.

This is especially important if you’re trading high volumes or reacting to market shifts. A Philippine crypto exchange with low liquidity might struggle to fill your order, causing delays or slippage. Look for platforms with high daily trading volumes and strong market depth, which signals that you can enter and exit trades efficiently.

Modern Trading Software

In addition to offering strong security and affordable fees, a great crypto exchange in the Philippines should also come with smart, intuitive trading software. Whether you’re a beginner or a seasoned investor, the platform should be easy to navigate and packed with features that support smart decision-making. Here’s what to look for:

• Real-time price tracking, charting tools, and technical indicators
• Advanced order types like stop-loss, limit, and take-profit
• Full portfolio and transaction history tracking
• Seamless use across desktop and mobile devices
• Customizable dashboards for a more personalized setup

Usability plays a huge role in trading confidence. The best platforms combine powerful tools with clean design, so you can focus on strategy, not fighting with clunky software.

24/7 Customer Support

Crypto never sleeps — and neither should your exchange’s support team. If something goes wrong, like a delayed withdrawal or login issue, getting timely help is critical. The best Philippines crypto exchanges offer round-the-clock support through live chat, email, or ticketing systems.

Some even maintain local teams that speak Filipino and understand regional payment services. A fast, helpful support response can prevent minor problems from turning into major ones. Don’t wait until something breaks — check out support ratings and user reviews before committing to any platform.

Large Choice of Crypto Assets

A well-rounded Philippine crypto exchange should give users access to a wide variety of coins beyond just Bitcoin and Ethereum. Look for exchanges that support major altcoins (like ADA, BNB, and SOL), stablecoins (like USDT and USDC), DeFi tokens, and emerging memecoins.

A diverse asset list gives you room to experiment with different strategies, hedge during market dips, and access new opportunities as the market evolves. Also, check whether the platform frequently updates its listings to reflect current demand. This often signals a more active, responsive exchange that’s staying relevant in the crypto space.

After you have decided on the crypto assets to choose, you can read more on how to buy crypto - just to be safe.

Any Kind of Insurance

Insurance in crypto is still uncommon, but it’s worth exploring. Some crypto exchanges in the Philippines maintain emergency funds to cover potential platform-side issues like system hacks or outages. These are sometimes referred to as SAFUs (Secure Asset Funds for Users).

While this won’t protect you from losses due to account mismanagement (like poor password security), it does show that the platform is prepared for worst-case scenarios. Check whether your exchange offers any sort of coverage, how it works, and what limitations apply. Even limited protection is better than none.

Reputation and History

Before choosing a crypto exchange in the Philippines, look into how long the platform has been around, who runs it, and what its track record looks like. Has the exchange faced hacks or serious complaints? If so, how did it respond? A long operating history doesn’t guarantee safety, but it does show that the platform has experience surviving through bull and bear markets.

Read local reviews, check crypto communities on Reddit or Facebook, and look for red flags like delayed withdrawals or poor customer service. A good reputation is built on consistency and trustworthiness.

Crypto Apps in the Philippines - Do Exchanges Support Them?

Today’s traders expect convenience, which is why exchanges offering crypto apps are often the go-to choice for Filipino users.

A strong mobile app can make all the difference in how you interact with your chosen platform. The best crypto apps in the Philippines offer more than just trading — they give you full control of your portfolio, even while on the move.

Here are the key reasons why mobile app support matters when choosing a crypto exchange:

• Leading exchanges usually offer mobile apps with the same core features as their web platforms
• Users can make fast, secure transactions using fingerprint or facial recognition
• QR scanning allows for quick deposits, transfers, or payments
• Push notifications alert you instantly to price changes and market news
• Real-time tracking and instant order placement help you react without delay
• Beginners benefit from intuitive layouts and guided interfaces
• Mobile portfolio tracking makes it easy to stay updated anytime, anywhere

Choosing an exchange with a reliable app ensures you’re never out of touch with your investments, even if you're away from your desk.

How to Register on a Filipino Crypto Exchange

If you're ready to start trading, setting up an account on a Philippines crypto exchange platform is a simple process.

Here’s a step-by-step guide to help you get started:

Step 1 – Create an Account

• Enter your email address
• Create a strong password

Step 2 – Verify Your Account

• After registering, check your email and follow the verification link provided

Step 3 – KYC (Know Your Customer) Verification

• KYC usually takes less than 24 hrs (sometimes, faster). Upload a photo of a valid ID or passport
• Wait for the exchange to approve your documents — this can take from 10 minutes to 1 business day

Step 4 – Increase Your Security

• Enable two-factor authentication (2FA)
• If available, set up biometric login, like fingerprint or face scan, via the mobile app

Step 5 – Fund Your Account

• Deposit either crypto or PHP to start trading. If you’re unsure how, check these guides:

Crypto Taxes in the Philippines

In the Philippines, cryptocurrency transactions are subject to taxation, and it's essential for individuals and businesses involved in crypto activities to understand their tax obligations. The Bureau of Internal Revenue (BIR) oversees the taxation of cryptocurrencies, and compliance is crucial to avoid penalties.

Key tax considerations include:

• Capital Gains Tax (CGT): Profits from selling or exchanging cryptocurrencies are subject to a capital gains tax of up to 15%. This applies when you sell crypto for fiat currency or trade one crypto asset for another at a profit.
• Income Tax: Earnings from activities such as mining, staking, or receiving cryptocurrency as payment for goods or services are considered income and are taxed according to the standard income tax rates in the Philippines.
• Value-Added Tax (VAT): If you're engaged in the business of selling goods or services and accept cryptocurrency as payment, you may be subject to the 12% VAT. This depends on the nature of your business and the classification of the crypto transactions.

Failure to report cryptocurrency income and pay the appropriate taxes can result in penalties, including fines ranging from ₱10,000 to ₱50,000, plus interest of 20% per annum on the unpaid tax. In severe cases, criminal charges may be filed.

Given the evolving nature of cryptocurrency regulations and taxation in the Philippines, it's advisable to consult with a tax professional or accountant who is knowledgeable about crypto taxation to ensure full compliance and to take advantage of any applicable deductions or exemptions.

How to File Taxes on Crypto in the Philippines

As cryptocurrency adoption grows in the Philippines, the BIR mandates that individuals and businesses report and pay taxes on crypto-related income. This includes capital gains, income from mining or staking, and payments received in cryptocurrency.

Step 1: Determine Taxable Events

Identify activities that constitute taxable events, such as:

• Selling cryptocurrency for fiat (e.g., PHP): Subject to capital gains tax (CGT) of up to 15%.
• Trading one cryptocurrency for another: Considered a taxable event; gains are subject to CGT.
• Receiving crypto as payment for goods or services: Treated as income and taxed according to income tax rates.
• Earning from mining or staking: Classified as income and taxed accordingly.
• Airdrops and rewards: May be considered income upon receipt, depending on control and access to the assets.

Step 2: Maintain Accurate Records

Keep detailed records of all cryptocurrency transactions:

• Date and time of each transaction
• Type of transaction (buy, sell, trade, receive)
• Amount and type of cryptocurrency involved
• Value in PHP at the time of the transaction
• Purpose of the transaction

You can use third-party tools or exchange-provided reports to assist in record-keeping.

Step 3: Calculate Taxable Income

Summarize gains or income:

• Capital Gains: Subtract the cost basis (purchase price plus any associated fees) from the selling price.
• Income: Determine the fair market value in PHP at the time of receipt.
• Losses from Crypto Transactions: These may offset gains, but specific rules apply.

Step 4: Complete the Appropriate BIR Forms

Depending on your status:

• Individuals: Use BIR Form 1700 (for employees) or Form 1701 (for self-employed individuals).
• Corporations: Use BIR Form 1702.

Declare all crypto-related income and gains in the appropriate sections.

Step 5: File and Pay Taxes

• Deadline: Annual income tax returns are due by April 15 of the following year.
• Payment: Taxes can be paid through authorized agent banks, eFPS, or online platforms like GCash and Maya.

Ensure timely filing and payment to avoid penalties.

The regulatory landscape for cryptocurrencies is evolving. Stay updated with BIR announcements and consider consulting with a tax professional experienced in cryptocurrency taxation to ensure full compliance.

Final Tips

Before you choose a crypto exchange in the Philippines, take time to compare platforms based on what matters most to you — whether it’s security, fees, PHP support, or mobile accessibility. Always use a licensed exchange, and stay on top of your tax obligations to avoid issues later (you can use one of the best crypto tax tools to make it easier).

As crypto adoption continues to grow locally, your ability to trade confidently depends on using the right tools and staying informed. Double-check features, read recent reviews, and don’t rush — the best setup is one that matches your goals and keeps your assets safe.

Frequently Asked Questions