Buy Crypto & Bitcoin in Philippines

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Key Takeaways

  • There are dozens of exchanges to buy bitcoins in the Philippines.
  • Coinmama, Coinaga and prepaidbitcoin.ph are three of the best exchanges.
  • Most PH exchanges are online, however you can also buy in the Philippines with cash at ATMs.

CoinmamaCoinmama

Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.
Visit Coinmama's Website

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Fast
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High

PaybisPaybis

Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.

Pros
  • 24/7 live support
  • Paybis has extremely high limits
  • 5 Minute verification
  • Get payouts fast
  • Large selection of payment methods
Cons
  • No traditional order book for advanced traders
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

BuyBitcoin.phBuyBitcoin.ph

BuyBitcoin.ph's brokerage service is the easiest way to purchase bitcoins in the Philippines. The interface is very easy to use for first-time buyers. You can use cash or various online payment methods.

Pros
  • Easiest way to buy bitcoin in the Philippines
  • Exchange is run by popular remittance service, coins.ph
Cons
  • Rates won't be as good as the trading exchanges in the Philippines
ease icon
Ease of Use
privacy icon
Privacy
Average
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
limits icon
Limits
High

prepaidbitcoin.phprepaidbitcoin.ph

Prepaidbitcoin.ph is a unique Bitcoin service in the Philippines. They sell vouchers from 2 physical locations in Makati City, these vouchers can be redeemed online for bitcoins. Vouchers may also be bought online via Gamex.ph, using Smart or Sun mobile payments.



Make sure you have a Bitcoin wallet before you redeem a voucher, since you'll need an address to receive your bitcoins.

Pros
  • Easy way to buy bitcoins in the Philippines
  • Run by the same company as popular remittance service, coins.ph
Cons
  • Rates are not as good as buying directly from coins.ph
ease icon
Ease of Use
Easy
privacy icon
Privacy
Average
speed icon
Speed
Fast
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
Low

CoinageCoinage

Coinage was the first Bitcoin exchange geared towards traders in the Philippines. You can fund your account via bank transfer or cash deposit.

Pros
  • High liquidity
  • 24/7 support staff
  • Deep liquidity ensures you get a fair market price
Cons
  • Highest fees among trading exchanges in the Philippines
  • Not a private way to buy bitcoins; identity verification required
  • Limited payment options
ease icon
Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High

Bitcoin ATMsBitcoin ATMs

You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. View Bitcoin ATMs

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase

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Bitcoin ATMs in Philippines


We keep track of Bitcoin ATM locations in the Philippines. See our map and list below for the current ATM locations.


Find a Bitcoin ATM
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0 results found
  • ATM
  • List of ATMs in Philippines

    UnionBank of the Philippines The Ark - Ayala Insular Branch
    ATM located at UnionBank of the Philippines The Ark - Ayala Insular Branch in Makati.
    address
    G/F, Insular Life Bldg.
    Ayala Avenue corner Paseo De Roxas
    Makati City, NCR
    Philippines
    hours
    Mon - Fri 8:00 AM - 5:00 PM
    bitcoin
    buy Buy
    sell Sell
    Sunette towers
    ATM located in the lobby of the Sunette towers in Makati.
    address
    Makati Ave
    Makati
    1210 Metro Manila
    Philippines
    hours
    24/7
    bitcoin litecoin
    buy Buy
    sell Sell
    Psulit, Alphaland, Southgate Mall
    ATM located at Psulit, Alphaland, Southgate Mall.
    address
    G/F, Insular Life Bldg.
    Ayala Avenue corner Paseo De Roxas
    Makati City, NCR
    Philippines
    hours
    Mon - Sun 10:00 AM - 9:00 PM
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    Tambunting HQ
    ATM located at Tambunting HQ.
    address
    5F Phildaf Bldg Sen Gil Puyat Ave
    Makati City, Metro Manila 1200
    Philippines
    hours
    Mon - Fri 8:00 AM - 6:00 PM
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    ACM GoVIP Joan Business Center
    ATM located at Tambunting HQ.
    address
    660 Malansing Market, A. Mabini St. Brgy 3
    Sangandaan Caloocan City 1408
    Philippines
    hours
    Mon - Fri 8:00 AM - 5:00 PM
    Sat - Sun 9:00 AM - 5:00 PM
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    Tivoli Money Exchange Trinoma
    ATM located at the Tivoli Money Exchange Trinoma.
    address
    M1, Trinoma, EDSA corner North Avenue
    Quezon City, Metro Manila, 1105
    Philippines
    hours
    Mon - Sun 10:00 AM - 7:00 PM
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    Psulit Money Changer, Intrepid Plaza
    ATM located at the on the Ground Floor of Intrepid Plaza in the Psulit Money Changer, Unit 11-D.
    address
    Unit 11-D G/F, Intrepid Plaza C-5 cor. Eastwood Avenue
    Bagumbayan, Quezon City
    1110 Metro Manila
    Philippines
    hours
    Mon - Sun 10:00 AM - 7:00 PM
    bitcoin ethereum litecoin
    buy Buy
    sell Sell

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    Bitcoin & Cryptocurrency Trading in Philippines


    The Philippines economy is often referred to as “The Tiger Cub Economy.”(2) Until very recently, the economy of the Philippines has been based on the agricultural sector. Now, it is one of the fastest growing economies in the world, based mostly on exports of semiconductors and electronic parts, copper and petroleum products.(1)


    how to buy bitcoin in Philippines

    In the summer of 2020, the Philippines central bank approved 16 cryptocurrencies exchanges, paving the way for a true boom in the markets there.(3)

    In 2021, Chainalysis released what it called the Global Crypto Adoption Index. This report showed that the global crypto adoption has taken off in the last year, up 881%. The report ranked 154 countries based on several metrics including total crypto activity weighted by purchasing power parity per capita. The Philippines ranked in the top 20 with a score of .16.(4)

    In November 2022, Union Bank of the Philippines launched a pilot program for Bitcoin and Ether custody. They are also allowing trading services for some retail customers.(5)


    Global Crypto Adoption Index 2021

    If you are living in the Philippines and are interested in joining the Bitcoin revolution yourself, one of the easiest ways to buy Bitcoin is through the cryptocurrency exchanges outlined above. Select the exchange based on your requirements and preferences because different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before selecting one.

    Additionally, Bitcoin buyers need to keep in mind that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet).

    Another option for Buying Bitcoins in the Philippines is through peer-to-peer exchanges like LocalBitcoins. On platforms like these, users buy and sell with other individuals directly. More on how these work in Chapter 5.


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    Exchange Hacks and Crypto Scams in Philippines


    As of January of 2021, we could find no exchange hacks or significant scams affecting Philippines or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Philippines.


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    FAQ


    Does Coinbase work in Philippines?

    Coinbase ONLY allows crypto to crypto conversions for Philippines residents as of January of 2021.

    Where Can I Find a Bitcoin ATM in Philippines?

    At this time, there are no Bitcoin ATMs in Philippines.

    You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.

    What is the price of Bitcoin in Philippines?

    Bitcoin prices are changing every second.

    The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

    Article Sources

    BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.

    1. Wikipedia - Philippines, https://en.wikipedia.org/wiki/Philippines
    2. Wikipedia - Tiger Cub Economies, https://en.wikipedia.org/wiki/Tiger_Cub_Economies
    3. YCP Solidiance - Seizing the Moment: How the Philippines is Capitalizing on Cryptocurrency, https://ycpsolidiance.com/article/seizing-the-moment-how-the-philippines-is-capitalizing-on-cryptocurrencynbsp
    4. Chainalysis - The 2021 Global Crypto Adoption Index, https://www.chainalysis.com/blog/2021-global-crypto-adoption-index/
    5. Insider Finance - Union Bank of Philippines get Central Bank License to Trade Crypto, https://wire.insiderfinance.io/union-bank-of-philippines-get-central-bank-license-to-trade-crypto-4da45ed6842f

    About the Author

    jordan tuwiner

    Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. He studied computer science at Towson University and holds an online degree in trading & cryptocurrency. Jordan has been writing about Bitcoin since 2015. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets.



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