According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 0,00000001 BTC или 5 PHP
- Proprietary browser platform
- Coin
- Spot trading fees vary based on the trading volume over the past 30 days
Our Evaluation of Coins.ph
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Coins.ph is a high-risk cryptocurrency exchange with the TU Overall Score of 1.88 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coins.ph clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Coins.ph is tailored for active cryptocurrency trading across diverse markets. It is characterized by robust security measures, competitive fee structures, and sophisticated software. However, it offers a more limited range of trading and investment instruments relative to other exchanges.
Brief Look at Coins.ph
Coins.ph, established in 2014, is a cryptocurrency exchange serving over 18 million traders globally. The exchange is regulated by the Securities and Exchange Commission of Thailand (SEC) and Bangko Sentral ng Pilipinas (BSP). It holds licenses as a virtual currency exchange, a money transfer agent, and an electronic money issuer. Coins.ph enables active cryptocurrency trading in spot and OTC (Over-the-Counter) markets, supporting over 50 cryptocurrencies and 90 trading pairs. The only supported fiat currency is the Philippine peso (PHP).
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- Regulatory compliance in Thailand and the Philippines;
- Low minimum deposit requirements;
- Fee-free trading over 50 cryptocurrencies;
- Spot trading with taker and maker fees starting at 0.05%;
- Enhanced user account and wallet security via two-factor authentication (2FA) and biometric verification;
- Trading platforms accessible across multiple devices;
- 24/7 client support.
- No demo mode;
- No leverage;
- Lack of passive income options.
TU Expert Advice
Author, Financial Expert at Traders Union
Coins.ph offers a range of cryptocurrency trading services through its proprietary browser platform and mobile apps. It supports over 50 cryptocurrencies and 90 trading pairs, primarily in PHP, enabling both spot and OTC markets. The platform provides fee-free transactions, competitive maker and taker fees starting at 0.05%, and robust safety features with two-factor authentication and biometric verification. Additionally, it provides 24/7 client support and low minimum deposit requirements, making it accessible to novice traders.
However, Coins.ph has some notable drawbacks, particularly the lack of leverage, passive income options, and a limited selection of trading instruments. It lacks Tier-1 regulation, and users should be cautious of security concerns due to past breaches. While suitable for beginners and active traders looking for low fees, the exchange may not be ideal for those needing advanced features or higher levels of investor protection.
Coins.ph Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary browser platform and Coins mobile apps |
|---|---|
| 📊 Accounts: | Coins.ph and Coins Pro |
| 💰 Account currency: | PHP and cryptocurrencies |
| 💵 Deposit / Withdrawal: | Dragonpay (via Palawan Pawnshop, Cebuana Lhuillier, and M Lhuillier), InstaPay (bank transfers and GCash and Paymaya Philippines mobile wallets), PESONet, direct transfer, and cryptocurrencies |
| 🚀 Minimum deposit: | 0,00000001 BTC или 5 PHP |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | Sale/purchase: BTC/PHP, XRP/PHP, USDT/PHP, USDC/PHP, and PYUSD/PHP — PHP 60; other pairs — PHP 100 Spot trading: PHP 50 |
| 💱 Commission: | Spot: 0,1%-0,15% |
| 🔧 Instruments: | 206 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Coins Pro: market, limit, and stop limit |
| ⭐ Trading features: | Spot trading fees vary based on the trading volume over the past 30 days |
| 🎁 Contests and bonuses: | Yes |
Coins.ph enables its clients to buy and sell over 50 cryptocurrencies via Coins Convert or use Coins Pro for spot trading with other exchange users. Coins Pro offers trading over 80 PHP pairs and 11 USDT pairs. The exchange fee decreases with increased trading volume. Large traders gain access to OTC cryptocurrency trading, with a minimum trade amount of PHP 1 million. The minimum deposit varies by currency.
Coins.ph Key Parameters Evaluation
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Regulation and safety
Coins.ph received a score of 4.25/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- Government-regulated
- Facial recognition
- 2FA
- Successful hacks history
- No investor protection fund
Coins.ph Security Factors
We also compared Coins.ph against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Coins.ph | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | Yes | No |
| Cold wallet storage | No | Yes | Yes |
| Successful hacker attacks | Yes | No | No |
Is Coins.ph a regulated crypto exchange?
Coins.ph is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Coins.ph is authorized or licensed in accordance with local regulations in the following regions: Bangko Sentral ng Pilipinas (BSP).
Is verification (KYC) mandatory at Coins.ph?
Yes, KYC verification is mandatory at Coins.ph. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Coins.ph available?
Coins.ph complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: United Kingdom, Philippines, Singapore, Iran, Islamic republic, Thailand, China, Venezuela, Iraq, Lebanon, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Zimbabwe, Ethiopia, Hong Kong, Serbia, Somalia, Burma, Taiwan. For the most up-to-date information on regional availability, please contact Coins.ph support.
Is Coins.ph available in the USA?
Yes, Coins.ph is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Coins.ph commissions and fees
Coins.ph received a 7.75/10 score for its trading fees. While Coins.ph is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Coins.ph trading fees?
We analyzed Coins.ph’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Coins.ph trading fees vs competitors
| Coins.ph | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,15 | 0,22 | 0 | 0.194 |
What are Coins.ph deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,00015 BTC |
Does Coins.ph offer P2P trading?
No, Coins.ph does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Coins.ph received a 4/10 rating for its deposit and withdrawal services. Coins.ph offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Bank transfers for deposits and withdrawals
- Withdrawal fee applies
- No PayPal option
Deposit and withdrawal options
Coins.ph supports the following deposit and withdrawal options: Bank transfers, Crypto.
Coins.ph Deposit and withdrawal options vs competitors
| Coins.ph | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Coins.ph minimum deposit?
The minimum deposit at Coins.ph is 0,000001 USD/USDT or 0,00000001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Coins.ph minimum deposit vs competitors
| Coins.ph | OKX | Kraken | |
| Minimum deposit, USD or USDT | 0,000001 | 10 | 10 |
| Minimum deposit, BTC | 0,00000001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Coins.ph support fiat money?
Coins.ph does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Coins.ph received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Coins.ph covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- NTFs not available
- Crypto options not available
Coins.ph supported coins and markets vs competitors
We compared Coins.ph with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Coins.ph | OKX | Kraken | |
| Supported coins | 206 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Coins.ph passive income options vs competitors
We also compared Coins.ph with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Coins.ph received a score of 6.15/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Advanced tools and automation with API
- Fast and secure login with Face ID
- Mobile indicators allowed
- Positive user feedback on the iOS app
- No trading bots for traders
- Android App score below 4 points
- No access to TradingView features
Trading apps
Coins.ph provides web and mobile apps for both Android and iOS users, with an average rating of 4,7 on the App Store and 3,3 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Coins.ph platform is for mobile use.
| Coins.ph | |
| 2FA | Yes |
| Face ID | Yes |
| Mob Indicators | Yes |
| Alerts | No |
| Advanced Orders | No |
| Trading with bots | No |
| API | Yes |
| Extra trading platforms | No |
Does Coins.ph offer a desktop app?
No, Coins.ph does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Coins.ph offer advanced charting with TradingView integration?
No, Coins.ph does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://coins.ph/ |
|---|
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