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.
Kate Roberge
October 4, 2025 AT 13:39 PMHonestly, the hype around Coins.ph feels like a rehash of every other local exchange that pretends to be revolutionary. They brag about BSP licensing, yet the user experience still screams \"beta\". The fee structure might be decent for novices, but power traders will scoff at the lack of margin tools. And let’s be real, their app’s UI looks like it was designed in 2015. If you’re chasing serious liquidity, look elsewhere.
VICKIE MALBRUE
October 8, 2025 AT 00:59 AMCoins.ph is a friendly gateway for new crypto fans and the local payment links make it easy.
Waynne Kilian
October 11, 2025 AT 12:19 PMWhile I see the criticism, I also glimpse the genuine strides Coins.ph has taken in bridging fiat and crypto for everyday Filipinos.
The platform’s integration with GCash and InstaPay is a tangible solution to the cash‑centric culture that still dominates the archipelago.
Sure, the UI feels dated, but redesign cycles take time and resources that could otherwise fund security audits.
Regulatory compliance, especially under the BSP, isn’t a badge of vanity; it provides a safety net that many offshore exchanges lack.
In my view, the trade‑off between sleek design and legal assurance is a price some users are willing to pay.
Moreover, the presence of a “Coins Convert” tool reduces friction for those who simply want to swap assets without dabbling in external wallets.
Critics often ignore the fact that a significant portion of the user base lacks access to traditional banking, making the pawnshop networks a lifeline.
Yes, the app’s rating has slipped, but community sentiment can swing like a tide after a major outage.
When Bitcoin surged last month, the platform briefly lagged, yet it recovered without loss of funds, which speaks to underlying resilience.
From a philosophical standpoint, technology adoption in emerging markets follows a non‑linear path, filled with compromises.
Patience with incremental improvements can foster broader financial inclusion rather than demanding perfection from day one.
That said, I acknowledge the call for better customer support; response times should match the growth in user numbers.
Investing in a dedicated support team could elevate the overall experience and retain the trust of power traders.
Ultimately, Coins.ph sits at an intersection of regulation, accessibility, and evolving user expectations.
Balancing these forces will determine whether it becomes a cornerstone of Philippine crypto or a stepping stone to other platforms.
In any case, the dialogue surrounding its development is a sign of a healthy, engaged community.
Naomi Snelling
October 14, 2025 AT 23:39 PMOne has to wonder if the behind‑the‑scenes data sharing isn’t a gateway for unseen surveillance, especially when they partner with every local e‑wallet.
Michael Wilkinson
October 18, 2025 AT 10:59 AMLook, your concerns are noted, but dismissing an entire platform because of vague conspiracies undermines users who genuinely benefit from its services.
Billy Krzemien
October 21, 2025 AT 22:19 PMIf you’re just starting out, think of Coins.ph as your training ground. It’s straightforward, the fees are transparent, and the local payment methods let you fund your account without a bank. As you grow, you can always diversify to larger exchanges for advanced features. The key is to get comfortable with the basics first.
Carl Robertson
October 25, 2025 AT 09:39 AMCoins.ph is the circus clown of the crypto world – all flash, no substance.
Rajini N
October 28, 2025 AT 20:59 PMWhile the tone is colorful, the reality is that Coins.ph fills a niche for users who need instant fiat on‑ramps. Its integration with GCash and InstaPay isn’t a gimmick; it solves a real liquidity problem for many Filipinos who lack traditional banking. For advanced traders seeking low fees and futures, Binance or Kraken remain superior, but ignoring Coins.ph discards a valuable entry point for newcomers.
Oreoluwa Towoju
November 1, 2025 AT 08:19 AMDoes the fee calculator reflect real‑time volume discounts?
Jason Brittin
November 4, 2025 AT 19:39 PMOh sure, because who doesn’t love a good spreadsheet of fees 📊. At the end of the day, it’s just numbers – you either pay them or you don’t 🙃.
Amie Wilensky
November 8, 2025 AT 06:59 AMCoins.ph, in its current incarnation, presents a paradoxical blend of regulatory compliance,; and user‑experience challenges, that merit rigorous analysis. On one hand, the BSP license,; a badge of legitimacy,; offers a layer of consumer protection rarely seen in offshore platforms. On the other hand, the app’s UI, riddled with outdated icons,; sluggish loading times,; and occasional crashes, undermines confidence. The fee structure, while transparent,; remains higher than that of global giants,; prompting cost‑conscious traders to seek alternatives. Moreover, the absence of advanced instruments,; such as margin or futures,; confines the platform to a beginner’s arena. Yet, the integration with local payment rails,; including GCash, InstaPay, and pawnshop networks,; is undeniably a strategic masterstroke,; bridging the fiat‑crypto divide for the unbanked. The “Coins Convert” feature,; allowing instant crypto‑to‑crypto swaps,; removes friction for rapid portfolio rebalancing. Community feedback, reflected in the dropping app rating,; signals growing discontent that the platform must address with decisive action. Customer‑service latency,; as reported by numerous users,; remains a critical pain point demanding resources. Security protocols,; encompassing two‑factor authentication and biometric login,; are commendable, yet they cannot compensate for systemic UX deficits. In philosophical terms, the platform epitomizes a Hobbesian state where order (regulation) coexists with chaos (user experience). Therefore, investors must weigh the trade‑off between legal safety and operational efficiency. As the crypto ecosystem evolves, Coins.ph’s ability to innovate will determine whether it remains a foothold or becomes obsolete. Until then, a cautious approach,; supplemented by diversification across exchanges,; is advisable. Ultimately, the platform’s future hinges on its responsiveness to both regulatory demands and user expectations,; a balance yet to be fully realized.
Lindsay Miller
November 11, 2025 AT 18:19 PMEven with all those complexities, the core idea is clear: they’re trying to make crypto accessible, and that’s worth appreciating.
Katrinka Scribner
November 15, 2025 AT 05:39 AMGreat rundown! I love how Coins.ph makes buying crypto feel like paying a bill, super handy 😊. Just wish the app stayed up more often lol.