Best Crypto Exchanges in the Philippines for October 2026

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MEXC - Best for additional futures trading opportunities (numerous events and regular competitions)
Bybit - Best for active traders (trading fees from 0, strong futures liquidity)
Bitget - Best for diverse social trading (spot, futures, and bot copy trading with low fees)
BingX - Global exchange with spot, derivatives, and copy trading features, supporting over 700 coins
Coinbase - Highest level of security (multiple regulations, high data protection standards)

At Traders Union, we evaluate cryptocurrency exchanges in the Philippines to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.

To recommend the top exchanges for the Philippines, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.

Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in the Philippines

Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.

Comparison of leading crypto trading platforms in the Philippines

We compared crypto exchanges based on key factors:

Acceptance of residents from the Philippines
Minimum deposit
Range of supported cryptocurrencies
Spot maker fee rates

This analysis highlights the top exchanges in the Philippines, ensuring they meet the needs of both novice and experienced traders.

	MEXC
Accepts residents of the Philippines	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Minimum deposit, USD	1	1 10 EUR 1 10	1 10 EUR 1 10
Coins Supported	2700+	750+ 1000+ 1000+ 400+	750+ 1000+ 1000+ 400+
Spot maker fee	No	0.1 0.1 0.1 0.5	0.1 0.1 0.1 0.5
Study review	Study review	Study review Study review Study review Study review	Study review Study review Study review Study review

We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in the Philippines, providing overall ratings based on our proprietary, data-driven methodology.

Available in the Philippines

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TU Overall Score 8.7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	8.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	5.5 /10

more than 2,700 spot trading pairs;
more than 800 futures markets;
receive additional income through staking and holding;
MEXC offers a referral commission of 40–50%;
new users may receive up to 10,000 USDT in welcome rewards by completing eligible trading tasks.

withdrawal fees (0.0005 BTC for Bitcoin);
fiat on- and off-ramp availability may be limited in some jurisdictions;
fiat services are available through selected third-party providers, including Banxa and MoonPay;
lack of support for fiat currencies for trading;
no MAM or PAMM accounts;
mandatory verification.

Available in the Philippines

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TU Overall Score 9.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	9.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

Convenient trading platform;
Integration with TradingView;
Combination of futures and perpetual contracts trading;
There is an order book;
It has a minimum entry threshold;
It is possible to open long and short positions with subsequent mutual recalculation;
Opportunities for Muslim traders to participate in the crypto market.

Difficult conditions for trading futures;
Lacks a mechanism to protect the interests of traders.

Available in the Philippines

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TU Overall Score 8.9 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6.6 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	7.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	10 /10

availability of demo accounts;
convenient ways to contact the support service;
a wide range of cryptocurrencies for account replenishment;
service of copying trades for receiving passive income;
ability to reduce commissions using credits earned in the bonus program;
ability to engage in algorithmic trading;
educational materials for novice traders on the exchange website;
the exchange uses hot and cold cryptocurrency wallets to store client funds;
deposits and withdrawals in fiat currencies.

Available in the Philippines

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TU Overall Score 8.6 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	4.4 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	5 /10

BTC, and also ETH, USDT, XRP, DOGE, BNB and other popular altcoins are available for trading.
Clients can trade in the spot market, and earn on conversion and grid trading.
The exchange offers passive income options through the social trading platform.
Some of the lowest fees in the market (the average daily spread is 0.04%).
Simple, user-friendly mobile app with a trading platform based on TradingView.
The company is officially registered in the US, Canada, Australia and EU (Estonia).
Customer support works promptly in the 24/7 mode.

No leverage is offered for spot trading, traders have to rely on their own funds.
With low trading fees, some withdrawal fees are rather high (for example the fee is 20 USDT for USDT-ERC20).
Customer support is available via email and live chat, but the broker does not have a call center.

Available in the Philippines

Visit exchange

Your capital is at risk.

TU Overall Score 8.5 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.3 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	5.1 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.5 /10

you can trade a vast array of cryptocurrencies on the exchange;
hassle-free registration and verification;
all assets are in offline storage;
the exchange ensures the security of users’ assets;
available are a free e-wallet and a virtual card;
complex solutions for individuals, businesses, and developers;
powerful analytical base and unique training guides.

there are no passive earning options;
some of the information is available in English only.

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What are the cheapest crypto exchanges in the Philippines

To determine the cheapest cryptocurrency exchanges in the Philippines, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.

Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in the Philippines.

Trading fees:

We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in the Philippines offer significant discounts for traders as their trading volume increases.

	MEXC		Market average Based on comparing fees across more than 200 cryptocurrency exchanges.
Spot maker fee, %	No	0.1 0.1 0.1 0.5	0.194
Spot taker fee, %	0.05	0.1 0.1 0.1 0.5	0.157
Futures maker fee, %	No	0.02 0.02 0.02 0.04	0.024
Futures taker fee, %	0.02	0.055 0.06 0.045 0.02	0.053

Deposit and withdrawal fees and payment options

We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in the Philippines.

	MEXC
Deposit fee	No	No No No No	No No No No
Withdrawal fee	0.0003 BTC	0.000111 ВТС 0.0015 ETH (ERC20) 0.00005 BTC 0.00064 ETH 0.0005 BTC 0.005 ETH Fixed fee - 25 USD PayPal - 1.5% USDC - 10 USD	0.000111 ВТС 0.0015 ETH (ERC20) 0.00005 BTC 0.00064 ETH 0.0005 BTC 0.005 ETH Fixed fee - 25 USD PayPal - 1.5% USDC - 10 USD
Bank Wire	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Bank cards	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Payment services	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
P2P	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes

What are the safest exchanges in the Philippines

The safety of exchanges in the Philippines was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.

	MEXC
Tier-1 regulation	No	Yes Yes No Yes	Yes Yes No Yes
Government-regulated	No	Yes Yes No Yes	Yes Yes No Yes
2FA	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Cold wallet storage	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Investor protection fund	No	Yes Yes Yes Yes	Yes Yes Yes Yes

Is crypto market regulated and taxable in the Philippines

Crypto regulation in the Philippines

In the Philippines, the Bangko Sentral ng Pilipinas (BSP) regulates cryptocurrency exchanges through Circular No. 1108, requiring Virtual Asset Service Providers (VASPs) to register and comply with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. The Securities and Exchange Commission (SEC) has also issued guidelines expanding the definition of securities to include tokenized securities products and other financial products utilizing blockchain or distributed ledger technology. As of August 2022, the BSP imposed a three-year moratorium on new VASP licenses to assess the existing virtual asset market. Currently, there are no specific restrictions on leverage or mandates to operate exclusively with local exchanges. Additionally, the Philippines does not offer deposit insurance schemes for cryptocurrency holdings.

Taxation of cryptocurrencies in the Philippines

The Philippine government imposes a capital gains tax of up to 15% on profits from the sale or exchange of cryptocurrencies and purchases made using cryptocurrencies. Filipino citizens who own or trade cryptocurrencies are required to report their capital gains during their annual tax filings. Discussions have been ongoing about implementing new taxes on crypto by 2024, with concerns that a 30% flat tax on all crypto earnings may be adopted. In the absence of specific guidelines from the Bureau of Internal Revenue (BIR), general tax principles apply, and income from cryptocurrency transactions is considered taxable under the Tax Code, which defines gross income as all income derived from whatever source. Therefore, individuals engaged in cryptocurrency activities should maintain detailed records of all transactions to ensure accurate reporting and compliance with tax obligations.

Important!

The information on cryptocurrency taxation in the Philippines is provided for informational purposes only. Be sure to consult a professional for accurate guidance.

Crypto exchanges in the Philippines offering sign-up bonuses

We’ve analyzed and compared the registration bonuses offered by international platforms available in the Philippines. Discover the key benefits and conditions of these bonuses to find the exchange that suits your needs best.

	Bybit	Bitget	MEXC
Bonus/promotion name	$5,000 in Welcome Rewards	The Bitget Rewards Center	8,000 USDT Bonus
Bonus Size ($, %)	Up to 5,000 USDT	Up to 6,200 USDT	Up to 8000 USDT
Expiration date	Unlimited	Unlimited	Unlimited
Referral code or referral link to the bonus page	Claim your bonus	Claim your bonus	Claim your bonus

What are the best crypto exchanges for beginners in the Philippines?

The best crypto exchanges for beginners in the Philippines offer:

High education scores, providing access to a variety of learning materials for beginners.
P2P trading with a wide range of payment methods and support for the local currency, making it easy to start.
Demo account for risk-free practice before trading real funds.
Passive income options like staking and copy trading to earn without extensive market knowledge.

	Bybit	Bitget	MEXC
Education	9.2	7.8	7
P2P account	Yes	Yes	Yes
Demo account	Yes	Yes	No
Staking	Yes	Yes	Yes
Copy trading	Yes	Yes	Yes
Beginner friendly app	Yes	Yes	Yes

How choose the best crypto exchange in the Philippines?

When choosing a crypto exchange in the Philippines, consider these essential factors:

Supported Cryptocurrencies

Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
Local Payment Options

Opt for platforms that support local payment methods in the Philippines, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
Transparent Fees

Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
Robust Security

Prioritize exchanges with strong security measures, including two-factor authentication (the Philippines), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
Educational Resources

For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
Customer Support

Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.

Expert advice for traders in the Philippines

Over time, I've found that staking, lending, and yield farming can be excellent ways to earn passive income while holding crypto assets. Some exchanges offer high APYs on stablecoins and top cryptocurrencies, allowing traders to grow their portfolios without active trading. Lending programs enable users to earn interest by providing liquidity to margin traders, while staking options support network security and reward participants. Many platforms also offer flexible vs. fixed staking terms, where longer lock-up periods generally yield higher rewards. Choosing an exchange with reliable passive income options can help traders maximize returns while maintaining long-term exposure to crypto assets.

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Team that worked on the article

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation.

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

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