Coins.ph is the largest cryptocurrency exchange in the Philippines. Regulated by the central bank (Bangko Sentral ng Pilipinas), it offers a secure platform with the best rates and lowest fees among licensed exchanges in the country. With a diverse range of 50+ trading assets, including PHP trading pairs, it stands out for its extensive options, catering to both traders and crypto enthusiasts.
Pros and Cons
Pros
- Largest Exchange
- Competitive Rates
- Regulated Security
- Diverse Trading Options
- Direct PHP Trading
- Extensive Trading Pairs
Cons
- Limited Geographic Availability
- Absence of Advanced Features
Recommended For
Coins.ph is highly recommended for traders and crypto enthusiasts in the Philippines and Thailand. It suits individuals seeking a user-friendly platform with competitive rates and secure trading. Beginners will appreciate its straightforward interface and the ability to trade directly in Philippine Peso. However, Coins.ph lacks some complex features. Learning resources are available on Coins Academy which can be accessed via the app and web. Overall, it’s an excellent choice for residents of the Philippines and Thailand, especially for those starting their crypto journey or seeking a reliable, regulated exchange.
Regulated By
- Banko Sentral ng Pilipinas (BSP) Philippines
- Securities and Exchange Commission (SEC) Thailand
Top Features
Feature and colon in bold and capitalized, the following text normal. Example:
- Mobile Accessibility: Coins.ph offers a user-friendly mobile app available on both Android and iOS platforms, enabling traders to conveniently manage their cryptocurrency portfolios on the go.
- Payment Variety: The exchange supports multiple payment methods, including e-wallets, bank transfers, and over-the-counter transactions, providing users with diverse options for funding their accounts and making transactions.
- Competitive Rates: Users enjoy the best rates and lowest fees among licensed exchanges, optimizing their trading profitability.
Overview
- Type of Broker Crypto Exchange
- Regulation & Licensing Banko Sentral ng Pilipinas (BSP) Philippines, Securities and Exchange Commission (SEC) Thailand
- Clients Accepted from Philippines, Thailand
- Assets Offered Cryptocurrency
- Platforms Available Web, Mobile
- Mobile Compatibility iOS, Android
- Payment Types Accepted E-wallet, Bank Transfers, Over-The-Counter
Trading and Investment Tools
- One Click Trading No
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order No
- OCO Orders No
- Limit Order Yes
- 24hr Trading Yes
- Charting Package No
- Streaming News Feed No
Compliance & Regulation
Coins.ph operates under the regulatory oversight of the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP). This regulatory framework ensures that the exchange adheres to financial standards and security protocols, providing customers with a reliable trading environment. By complying with BSP regulations, Coins.ph demonstrates its commitment to upholding standards of integrity and customer protection in the cryptocurrency industry.
Pricing
Coins.ph offers good rates and low fees among licensed exchanges in the Philippines, ensuring cost-effective trading for users. This affordability factor, combined with its diverse range of trading options, makes Coins.ph a compelling choice for cryptocurrency enthusiasts and traders seeking value for their investments.
Service Details
- Supported Languages English
- Customer Service By Chatbot, Email, Phone
- Customer Service Hours 24/5
- Email Response Time 24 Hours
- Telephone Orders Yes
- Personal Account Manager Yes
Reliability & Security
Coins.ph prioritizes the security and reliability of its platform. Regulated by the central bank of the Philippines, the exchange adheres to regulatory standards, ensuring the safety of user funds and data. Coins.ph complies with all regulations from the Bangko Sentral ng Pilipinas (BSP), demonstrating its commitment to customer safety.
User Experience
Coins.ph offers a user-friendly website, ensuring a seamless experience for both novice and experienced traders. With excellent customer support through chatbot, email, and phone, users receive timely assistance. The platform is known for its efficiency and ease of use, making trading straightforward. The account opening process is streamlined, allowing users to start their crypto journey hassle-free.
Final Thoughts
Coins.ph emerges as a great choice for cryptocurrency enthusiasts, especially those located in the Philippines and Thailand. Its competitive pricing, diverse asset offerings, and secure, regulated platform make it an attractive option. While lacking advanced features, it caters well to beginners and intermediate traders. With a user-friendly interface and robust customer support, Coins.ph stands out as a reliable, accessible, and secure gateway into the world of cryptocurrency trading.
Contact Info
15th Floor Asian Century Center, 27th, Fort Bonifacio Global City, Taguig City
FAQs
Q: Is Coins.ph available for users outside the Philippines and Thailand?
A: No, currently Coins.ph caters exclusively to users in the Philippines and Thailand, restricting access for users from other regions.
Q: What is the response time for customer inquiries?
A: Coins.ph strives for prompt customer service. Users can expect a response within 24 hours after raising a concern via email or chatbot.