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Coins.ph

Philippine crypto exchange and mobile e-wallet licensed by the BSP, supporting over 170 digital assets

Exchange KYC required Founded 2014 Philippines
Visit coins.ph
Our score
Very good
Be the first to review
Maker fee 0.1%
Taker fee 0.15%
Coins listed 170
KYC required Yes
Accepts US customers No

What is Coins.ph?

Coins.ph is a Philippine digital wallet and cryptocurrency platform combining retail payment services with digital asset spot trading. Operating since 2014, the platform integrates local payment infrastructure such as QR Ph, bill payment, and remittances with order-book trading across more than 170 digital assets.

Corporate background and leadership

Coins.ph was founded in 2014 by Ron Hose, who is its former chief executive officer. The company operates out of Manila, Philippines, with a staff of more than 300 employees. Business operations are managed through two Philippine-registered entities: Betur Inc., which operates the cryptocurrency exchange services, and DCPay Philippines Inc., which manages electronic money and digital payment systems.

Product features and trading structure

The platform runs as a centralized custodial service. Users maintain an integrated account where fiat balances in Philippine Pesos (PHP) sit beside digital tokens. Everyday functions include mobile top-ups, domestic remittances, utility bill settlements, and merchant payments through the national QR Ph standard. For market participants, Coins Pro provides a full order-book exchange environment, while Coins Convert facilitates direct retail swaps between fiat and digital currencies. Overseas users and migrant workers can transfer funds domestically by converting foreign stablecoins like USDT directly into pesos.

Fee tiers and regulatory licensing

Coins Pro spot trading relies on a tiered schedule based on rolling 30-day trading volume. Base Tier 0 spot orders incur a 0.10% maker fee and a 0.15% taker fee, scaling lower with increased volume. Fiat funding methods include domestic bank transfers via PESONet and InstaPay, e-wallets, and cash-in partners. Coins.ph holds multiple regulatory approvals from the Bangko Sentral ng Pilipinas (BSP), including a Virtual Asset Service Provider (VASP) license, an Electronic Money Issuer (EMI) license, and an Advanced Electronic Payment and Financial Services (EPFS) license.

Risks and limitations

As a centralized platform, user assets are held in custodial storage, exposing balances to platform solvency and counterparty risks. Account onboarding mandates identity verification (KYC), restricting unverified activity. Also, services are tailored almost entirely to the Philippine financial system, leaving the exchange unavailable to United States customers and unsuited to traders seeking non-custodial tools or derivatives markets.

Founders

Ron HoseFounder - CEO
Best for:Philippine crypto tradersFilipino remittance recipientsRetail users paying bills with cryptoQR Ph mobile payments

Pros and cons

Pros

  • Regulated as a VASP and EMI by the Bangko Sentral ng Pilipinas
  • Direct integration with Philippine banking rails InstaPay and PESONet
  • Competitive base spot maker fee of 0.10% on Coins Pro
  • Supports everyday payments through the national QR Ph standard

Cons

  • Does not accept United States customers
  • Mandatory KYC verification before trading or funding
  • Centralized custody model where the platform holds private keys
  • Lacks crypto derivatives and leverage trading

Our review

4.0/5
Very good

Coins.ph provides heavily regulated Philippine peso on-ramps and utility services, but its geographical focus and mandatory identity verification limit its appeal for international derivatives traders.

Fees4.0
Security & trust4.5
Asset selection3.5
Ease of use4.0
Support3.5

Coins.ph operates as a dual-purpose platform in the Philippines, functioning both as a digital e-wallet and a cryptocurrency exchange. Operating since 2014 through Betur Inc. and DCPay Philippines Inc., it holds licenses from the Bangko Sentral ng Pilipinas (BSP), including an Electronic Money Issuer license, a Virtual Asset Service Provider license, and an Advanced Electronic Payment and Financial Services license. The company processed $20B in volume in 2025 across more than 5M verified app accounts.

The service differs from standard exchanges through its deep local integration. Users fund accounts in Philippine pesos via InstaPay, PESONet, e-wallets, or over-the-counter cash-in outlets. The application connects directly to the national QR Ph network across 600,000 retail merchants, while also supporting domestic bill payments for utilities and mobile network load. For spot trading, the platform lists more than 170 cryptocurrencies, including Bitcoin and USDT. Base spot trading on the Coins Pro order book incurs a 0.10% maker fee and 0.15% taker fee under Tier 0, with rates decreasing as monthly rolling trade volume increases.

These features come with clear trade-offs:

  • Strict identity verification (KYC) is required before users can deposit fiat or trade.
  • Services are centered on the Philippines, excluding broad international account usage outside cross-border remittance corridors.
  • Advanced derivatives markets such as perpetual futures and leveraged contracts are not supported.

Coins.ph suits Philippine residents and overseas workers who require compliant fiat cash-in routes and spot crypto access. High-frequency derivatives traders or non-Philippine residents looking for global order-book liquidity will require an international platform instead.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (3)

Specs

Markets Spot, OTC · unverified
Maker fee 0.1% · unverified
Taker fee 0.15% · unverified
Coins listed 170 · unverified
Fiat deposit methods Bank transfer · unverified
KYC required ⓘ Yes · unverified
Accepts US customers No · unverified
Mobile app Yes · unverified
Licenses & registrations BSP Virtual Asset Service Provider, BSP Electronic Money Issuer, BSP Advanced Electronic Payment and Financial Services, BSP Remittance and Transfer Company, BSP Money Changing / FX Dealing · unverified
Security features Cold storage, Encryption, ISO/IEC 27001:2013 · unverified
Futures & perpetuals No · unverified
Copy trading No · unverified
Referral program Yes · unverified

Not disclosed by the provider: Proof of reserves, Staking / earn, Max leverage (x), P2P market, Earn / savings products, User protection fund.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Coins Pro spot exchange

Provides an order-book trading interface with base maker fees starting at 0.10% and taker fees at 0.15%.

Coins Convert swap

Executes direct conversions between Philippine Pesos and more than 170 supported digital assets at quoted rates.

QR Ph merchant payments

Scans standard national QR Ph codes to pay for retail goods and services directly from account balances.

Utility bill settlements

Allows direct bill payments for national utilities including electricity, water, and telecom providers.

Local fiat cash-in

Supports Philippine Peso deposits through InstaPay, PESONet, linked e-wallets, and local over-the-counter cash partners.

Cross-border stablecoin transfers

Converts incoming international USDT transfers into Philippine Pesos for domestic bank or e-wallet payouts.

Inside Coins.ph

Coins.ph app

An e-wallet application for paying utility bills, scanning QR Ph codes at merchants, buying mobile load, and managing fiat and crypto balances.

Coins Pro

A professional-grade spot exchange featuring order-book trading across more than 170 crypto assets paired with PHP and USDT.

Coins Convert

An instant swap tool within the mobile app that executes two-way conversions between Philippine pesos and digital assets at live quoted rates.

Coins Academy

An educational portal delivering guides, tutorials, and market articles on cryptocurrency and blockchain in both English and Filipino.

Coins.ph screenshots

Coins.ph homepage showing its navigation, headline, regional availability notice, and app preview
Coins.ph homepage showing its navigation, headline, regional availability notice, and app preview · Oct 21, 2026
Docs: The Coins.ph Developer Hub with links to documentation, API reference, and changelog sections
Docs: The Coins.ph Developer Hub with links to documentation, API reference, and changelog sections · Oct 21, 2026

What users say about Coins.ph

Google Play 3.2/5 135,484 ratings

Coins.ph serves as a local crypto exchange for crypto-to-fiat conversion and bank withdrawals. However, users cite significant issues regarding abrupt account freezes, intrusive compliance checks, and high fees or spreads.

Top goods

  1. Regulated and compliant local platform 5 people 123
  2. Easy conversion and withdrawal to fiat 4 people 123
  3. Beginner friendly and easy to use 3 people 123
  4. Spot trading fees on Coins Pro lower than instant buy 3 people 123

Top bads

  1. Sudden account locks and held funds 7 people 123
  2. High spreads and transaction fees 4 people 123
  3. Unresponsive or inefficient customer support 4 people 123
  4. Data breach and security vulnerabilities 3 people 123
  5. Difficult or strict identity verification 3 people 123

In their own words

“Open an account with Coins.ph using desktop or their app. Send your USDT to your new account. SELL/convert the USDT at market price into PHP. Then send it straight to your bank or Gcash account. Works in seconds.”
Reddit · r/Philippines_Expats · Jul 26, 2026 · View post
“Which Crypto Exchange Have Lowest Fees? Coins.PH vs PDAX vs GCash vs Maya vs GoTyme etc. I did a quick comparison of the 4 local crypto platforms to see which has the lowest transaction fees involved (known as spread).”
Reddit · r/FiguringOutAdultLife · Jan 31, 2026 · View post
“Just a bad algorithm and systems they have to flag transactions and avoid abuse. They don't know what they are working with, as support is highly inefficient to resolve issues arising when it targets a legitimate customer.”
Reddit · r/phinvest · Sep 19, 2026 · View post
“Coins.ph freeze / processing my withdrawal for 3 days already Tried to withdraw crypto to my own personal self custody wallet (whitelisted address I've used multiple times before without issues).”
Reddit · r/DigitalbanksPh · Apr 6, 2026 · View post
“Coins.ph seems to have little fee's for every little thing wiping out most profit of those doing shorts from what I read.”
Reddit · r/Philippines_Expats · Nov 22, 2025 · View post

Scam warning: Users have received fake urgent KYC alerts and phishing notifications that impersonate Coins.ph to drain accounts.

Based on 200 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

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FAQ

Who founded Coins.ph?

Coins.ph was founded in 2014 by Ron Hose, who served as its Chief Executive Officer.

What trading fees does Coins.ph charge?

Spot trading on Coins Pro starts at a 0.10% maker fee and a 0.15% taker fee at the baseline tier. Fees scale down as your 30-day rolling trading volume increases.

Is KYC verification required to use Coins.ph?

Yes, Coins.ph requires full identity verification. You must submit a valid government ID and complete a selfie check to cash in, cash out, and trade.

How is Coins.ph regulated?

Coins.ph operates under the supervision of the Bangko Sentral ng Pilipinas (BSP). It holds Virtual Asset Service Provider (VASP), Electronic Money Issuer (EMI), and Advanced Electronic Payment and Financial Services licenses.

How many cryptocurrencies are supported on Coins.ph?

The platform supports over 170 cryptocurrencies, including Bitcoin, Ethereum, and USDT, with direct conversions to Philippine pesos.

How can users deposit Philippine pesos into Coins.ph?

Users can cash in PHP using online banking through InstaPay and PESONet, domestic e-wallets, or physical over-the-counter partner outlets across the Philippines.

Latest from Coins.ph on X

Coins.ph
@coinsph · 80K followers
Follow
📊 What's moving in the crypto market this week?

Here's your weekly snapshot of the top 10 crypto assets across buying, selling, and trading activity from October 23–29, 2026.

Stay updated on market movements and keep an eye on what's happening in the crypto space!

Disclaimer: This post is for information purposes only and is not investment advice.

Betur, Inc. (doing business as https://t.co/nwbIOfGryP) is regulated by the Bangko Sentral ng Pilipinas (https://t.co/ZuyHOq0oIM). For inquiries or complaints, contact https://t.co/nwbIOfGryP Customer Support at [email protected] or through the Help Center in the https://t.co/nwbIOfGryP app at https://t.co/IVEAAQFXDo.

#CoinsPH #CryptoMarket #MostBought #MostSold #MostTraded
Image attached to the post
7 1 14 2.1K View on X
Scammers are exploiting trending crypto news and viral posts to spread malicious links through fake giveaways, livestreams, and cloned accounts.

Double-check usernames, domains, and announcements before interacting.

#CoinsPH https://t.co/a1y3oa0ehm
Image attached to the post
2 4 16 2.3K View on X
Any promotion requiring users to send cryptocurrency first in exchange for larger returns should be considered suspicious. Legitimate giveaways do not require advance payment.

#CoinsPH https://t.co/YSrr1lUHFR
Image attached to the post
8 2 12 3.2K View on X
Heading to Money20/20 USA? 🇺🇸

Kim Salonga, Director of International Sales at https://t.co/nwbIOfGryP, will be in Las Vegas connecting with industry leaders across payments, remittances, and fintech.

If you’ll be there too, find us at Booth #16042. Send us a message and let’s connect. 👋

#CoinsPH #Money2020 #Fintech
Image attached to the post
5 0 9 3K View on X
Seoul, here we come! 🇰🇷

Christine Lim, Global Crypto BD Director at https://t.co/nwbIOfGZon, will be speaking at the Asia Stablecoin Conference 2026 on October 1.

Catch her session, “Southeast Asia’s Quiet Reality: Where Stablecoins Already Move Real Money,” as she shares insights on how stablecoins are shaping real-world financial activity across the region.

📍 Area 1, Act 2. Asia Misunderstood
📅 October 1, 2026

#CoinsPH #AsiaStablecoinConference
Image attached to the post
5 1 20 3K View on X

Recent public posts from @coinsph, shown as published. Not reviewed or endorsed by CryptoReview.

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