Bitcoin Philippines for 2021

We found 11 online brokers that are appropriate for Trading Bitcoin Philippines Investment Platforms.

Bitcoin Philippines Guide

Updated April 21, 2021

Bitcoin Philippines

Top Bitcoin & Cryptocurrency Exchanges in Philippines

The Philippines has been renowned for its fast and consistently growing economy. Its jaw-dropping economic growth can be attributed to the country's expansion of its economic sectors, especially for exports. Hence, Philippines' positive attitude towards cryptocurrencies is no surprise. In fact, the country has a measured approach towards digital currency adoptions. Currently, the central bank of the Philippines has approved tens of exchange platforms so that they can legally operate domestically and provide services for Philippines' residents. Therefore, crypto markets have started to settle into the country with legal exchanges and investors.

With the supportive stance of the Philippine government towards cryptocurrencies, many Philippine residents have started to grow their interest in Bitcoin. With many regulated crypto exchanges, Philippines residents also have complete control over how they can purchase Bitcoins.

In terms of regulation, the Philippines has regulated several internationally-popular crypto exchanges which makes Bitcoin trading safer. With exchanges being the easiest platform for Philippines residents to buy Bitcoins, we recommend only using regulated exchanges as they are usually reputable and secure. You can also use Philippine Peso(PHP) or other fiat currencies to buy Bitcoin through exchanges.

Buying Bitcoin in the Philippines with Crypto Exchanges

However, being regulated should not be the only criteria for choosing a crypto exchange. In fact, there are several other important factors to consider such as buying limits, withdrawal limits, payment options, trading or transaction fees, UI, and many other features. Also, it might be helpful to note that regulated exchanges would typically require ID verification when you sign up for an account.

While Philippine residents have access to popular exchanges, it is important to note that certain limitations may apply. Certain features may not be available for Philippines residents. For example, some exchanges may only allow crypto-to-crypto exchanges. On the other hand, the availability of trading pairs may vary for each exchange site. Generally speaking, exchanges offering PHP trading pairs would allow you to purchase digital currencies more efficiently as there will not be conversion fees incurred.

Using Wallet in Philippines

For security reasons, the use of a crypto wallet is strongly recommended for Philippine retail investors. This wallet works as an offline storage where you can receive and send Bitcoins. Also, the digital wallet allows you to fully control your Bitcoin holdings, preventing them from hacking attacks. Even though the Philippines has no crypto exchange hacking records, hackers are still consistently targeting these exchanges. In fact, a hardware wallet is the most secure wallet out of the three, but traders prioritising instant accessibility can consider a software wallet instead.

It is very helpful that some of the regulated exchanges require their customers to have a personal crypto wallet. As soon as you have completed the transactions and the digital coins have been banked to your account, it is very important to withdraw them to your wallet. This will allow your Bitcoin holdings to be completely safe in the wallet until the day you want to transfer or sell them. While you can share the public key that acts as your wallet address, it is always important to keep your private key secret.

Unfortunately, it seems that crypto exchanges are the only way Philippines residents can purchase Bitcoin as the country does not have Bitcoin ATMs. Fortunately, these exchanges are authority-approved so you can rest assured with the services, regardless of your platform choice. Simply pick the platform that suits your priorities and needs most.

Buying Bitcoin with Peer-to-Peer Exchange

Despite centralised exchange platforms, Philippine investors can also buy Bitcoin from other individual sellers through peer-to-peer exchanges (P2P). P2P works differently from centralized exchange platforms that usually have fixed real-time exchange rates. These platforms facilitate peer-to-peer Bitcoin trades between individuals. As buyers, you may find sellers with the most competitive rates.

Even though peer-to-peer Bitcoin trading has become popular, there are some security issues you should beware of. Buyers should only transact with reputable sellers and avoid conducting transactions outside the platform. You can also take advantage of on-site escrow services whenever available to make your transaction more secure.

Bitcoin Philippines Verdict

It is fortunate that Bitcoin investors in Philippines are able to conduct their transactions on the crypto exchanges that are heavily regulated by the government, making the transaction much more secure. Furthermore, Philippines residents can use exchange platforms where they purchase Bitcoin to cash out their coins. However, it would be more straightforward to choose the exchange that offers the PHP-Bitcoin trading pair. Otherwise, you may consider selling your Bitcoin directly to individual sellers for PHP through peer-to-peer Bitcoin trading. While there are several P2P exchanges you can choose from, this method is much riskier so you need to avoid transactions outside the platform. Overall, it would be more effective for your Bitcoin investment if you use the same exchange to purchase and sell your coins. Regardless of the variations, exchanges typically have ideal exchange rates for PHP trading pairs. Therefore, Philippine investors should take advantage of the safe and secure platform offered by crypto exchanges.

We've collected thousands of datapoints and written a guide to help you find the best Bitcoin Philippines for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Bitcoin Philippines Investment Platforms below. You can go straight to the broker list here.

Reputable Bitcoin Philippines Checklist

There are a number of important factors to consider when picking an online Bitcoin Philippines Investment Platforms trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Bitcoin Philippines Investment Platforms.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Bitcoin Philippines Investment Platforms of 2021 compared

Here are the top Bitcoin Philippines Investment Platforms.

Compare Bitcoin Philippines Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Bitcoin Philippines Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Bitcoin Philippines Investment Platforms that accept Bitcoin Philippines Investment Platforms clients

Broker eToro XTB AvaTrade EasyMarkets Plus500 SpreadEx City Index Markets.com Admiral FXPro Trade.com
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 No minimum deposit 250 100 100 1 25 250 200 100 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 200,000+ 142,500+ 15,500+ 10,000+ 14,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Mini account
  • Islamic account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
Sign Up with
avatrade
Sign Up with
easymarkets
Sign Up with
plus500
Sign Up with
spreadex
Sign Up with
cityindex
Sign Up with
marketscom
Sign Up with
admiralmarkets
Sign Up with
fxpro
Sign Up with
tradecom
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 72% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits Your capital is at risk Your capital is at risk
Demo eToro
Demo
XTB
Demo
AvaTrade
Demo
easyMarkets
Demo
Plus500
Demo
SpreadEx
Demo
City Index
Demo
Markets.com
Demo
Admiral Markets
Demo
FxPro
Demo
Trade.com
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, US, IN, PK, BD, NG , ID, BE BE, BR, KP, NZ, TR, US, CA, SG US MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, TR US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, CA, JP, SG, MY, JM, IR, TR US, IR, CA AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US

All Bitcoin Philippines Investment Platforms in more detail

You can compare Bitcoin Philippines Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Bitcoin Philippines Investment Platforms for 2021 article further below. You can see it now by clicking here

We have listed top Bitcoin Philippines Investment Platforms below.

Bitcoin Philippines List

eToro
(4/5)
Min deposit : 200
eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Admiral
(2/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FXPro
(2/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 10000+ traders. Your capital is at risk FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Trade.com
(3/5)
Min deposit : 1
Trade.com was established in 2009 and is used by over 10000+ traders. Your capital is at risk Trade.com offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)