Coins.ph Trading Fee Calculator
Estimate your trading fees on Coins.ph based on your monthly trading volume and selected cryptocurrency pair.
When it comes to crypto trading in the Philippines, Coins.ph is the first name that pops up for many locals. Founded in 2014, this platform blends a digital wallet, bill‑payment hub, and a crypto exchange into a single app. In this review we’ll unpack how the Coins.ph crypto exchange works, who it’s best for, and where it falls short compared to global rivals.
TL;DR
- Licensed by the Bangko Sentral ng Pilipinas (BSP), giving it a regulatory edge.
- Over 170 cryptocurrencies, with Bitcoin, Ethereum, and USDC leading the pack.
- Spot‑trading fees range from 0.10%-0.15%, tiered by 30‑day volume.
- Local payment options include InstaPay, GCash, PayMaya, and major pawnshop networks.
- App rating dropped to 2.7stars in Aug2025; main complaints are support response time and limited advanced features.
Regulatory Backbone: BSP Licensing
Bangko Sentral ng Pilipinas (BSP) granted Coins.ph a virtual currency exchange license in 2016. This means the platform must adhere to anti‑money‑laundering (AML) rules, keep user funds segregated, and undergo regular audits. For Filipino traders, that translates into stronger consumer protection than many offshore exchanges can offer.
Account Types & Onboarding
Signing up is designed for the average Filipino. Users can register with a mobile number or email, then complete a Know‑Your‑Customer (KYC) check. Once verified, two account tiers unlock:
- Standard Coins.ph account - ideal for beginners, lets you buy, sell, and convert crypto instantly.
- Coins Pro account - a more sophisticated interface for spot trading, supports market, limit, and stop‑limit orders.
Both accounts share the same wallet balance, but Coins Pro requires higher minimum order sizes (PHP60 for major pairs like BTC/PHP).
Crypto Portfolio: What’s Supported?
The platform lists over 206 tokens, with 170+ actively tradable. Here are the heavy hitters:
- Bitcoin (BTC) - the anchor asset, paired with PHP and USDT.
- Ethereum (ETH) - second‑largest market cap, available in PHP pairs.
- Ripple (XRP) - popular for low‑fee transfers.
- USDC - a stablecoin pegged to the US dollar, useful for hedging volatility.
- PHPC - a Philippines‑backed stablecoin aimed at local commerce.
New listings appear roughly every quarter, keeping the catalog fresh for traders who like to explore altcoins.
Fees & Cost Structure
Coins.ph positions itself as mid‑range on price. Spot‑trading fees start at 0.15% for low‑volume users and drop to 0.10% once you trade more than PHP500,000 in a 30‑day window. There’s no maker‑taker split; the same rate applies to market and limit orders.
| Exchange | Spot Fee | Number of Coins | Local Payment Integration | Regulatory Status |
|---|---|---|---|---|
| Coins.ph | 0.10%-0.15% | ≈170 | InstaPay, GCash, PayMaya, pawnshop networks | BSP‑licensed |
| Binance | 0.10% | ≈500 | Limited PH bank links | Unregulated (global) |
| Coinbase | 0.50%-0.60% | ≈250 | US‑centric, no PH direct payments | US‑registered |
Deposits, Withdrawals & Local Fiat Access
Coins.ph shines with its breadth of Filipino payment avenues. Users can fund their wallet via:
- InstaPay - real‑time bank transfers from major Philippine banks.
- GCash and PayMaya - two of the country’s most used e‑wallets.
- Pawnshop networks (Palawan, Cebuana, M Lhuillier) - handy for users without bank accounts.
- Direct cryptocurrency deposits - send BTC, ETH, or USDC straight to your Coins.ph address.
Withdrawals mirror the deposit methods, with crypto withdrawals processed on the blockchain within minutes, while fiat pull‑outs to banks or e‑wallets usually complete within a few hours.
User Experience: What the Community Says
As of August2025, the Google Play Store rating slipped to 2.7stars, down from 3.3 earlier in the year. The dip coincided with a wave of regulatory crackdowns on unlicensed exchanges, pushing more users toward BSP‑approved platforms like Coins.ph. Common praise points:
- Strong security (2‑FA, biometric login).
- Convenient bill‑payment integration (electricity, internet, mobile load).
- Simple “Coins Convert” flow for beginners.
Top complaints revolve around:
- Slow customer‑service replies during peak trading hours.
- Occasional downtime when the market spikes (e.g., after Bitcoin’s price rally).
- Lack of advanced tools such as margin trading, futures, or PAMM accounts.
Reddit threads from r/PhilippinesCrypto often recommend Coins.ph for its regulatory safety but advise power traders to keep a Binance or Kraken account for lower fees and richer feature sets.
Pros, Cons, and Ideal User Profile
| Pros | Cons | Best For |
|---|---|---|
| Fully BSP‑licensed, offering legal certainty.
Integration with local payment providers. Easy onboarding for crypto newbies. |
Higher fees vs. global exchanges.
No margin or futures. Customer‑service response can be slow. |
Filipino residents who want a single app for bills, money transfers, and basic crypto trading.
Users prioritizing regulatory compliance over low‑cost, high‑frequency trading. |
Future Outlook
Coins.ph’s roadmap hints at adding more USDT pairs, expanding OTC services, and possibly rolling out a limited margin product. If the platform can tighten its support SLA and keep fees competitive, it should retain its dominant position among BSP‑licensed exchanges. However, with global players constantly improving their local payment bridges, Coins.ph must innovate quickly to avoid losing the price‑sensitive segment.
Frequently Asked Questions
Is Coins.ph safe for holding large crypto balances?
Yes. Because Coins.ph is regulated by the BSP, it must keep user funds in segregated accounts and follow strict AML/KYC rules. The platform also offers two‑factor authentication and biometric login, adding extra layers of security.
Can I trade on Coins Pro using a USDT‑PH pair?
Yes. Coins Pro lists 11 USDT‑PH pairs, including USDT/BTC, USDT/ETH, and USDT/XRP. Minimum order size for USDT pairs is PHP60.
What are the fees for depositing via GCash?
Deposits through GCash are free, but a small processing fee (around PHP10) may apply for withdrawals back to GCash, depending on the chosen method.
Does Coins.ph offer a crypto‑to‑crypto exchange without fiat?
Yes. The “Coins Convert” feature lets you swap one crypto for another instantly, using market rates. This is handy for quick portfolio rebalancing without moving money in or out of your fiat wallet.
How does the OTC service work?
OTC (over‑the‑counter) is aimed at institutional or whale traders. You need a minimum trade of PHP1million, and the deal is executed off‑order‑book with a dedicated account manager to guarantee slippage protection.
Comments
april harper
October 1, 2025 AT 02:19 AMIn the grand theater of crypto, Coins.ph pirouettes between regulation and mediocrity, a slow waltz that leaves the audience yawning.