How to Buy and Sell Cryptocurrency
Complete step-by-step guide for buying and selling cryptocurrency in the Philippines using Coins.ph, PDAX, Maya, GCash, and other licensed exchanges. Perfect for beginners.
Quick Comparison
| Platform | Best For | Fees | Min Deposit |
|---|---|---|---|
Coins.ph Exchange | Beginners Mobile users | 0.5% - 1.5% | ₱100-500 |
PDAX Exchange | Experienced traders Lower fees | 0.10% - 0.50% | ₱100-500 |
Maya Philippines E-Wallet | Maya users Casual investors | 0.5% - 1.0% | ₱100-500 |
GCash (GCrypto) E-Wallet | GCash users Beginners | 1.0% - 1.5% | ₱100-500 |
Coins.ph
The most popular cryptocurrency exchange in the Philippines with over 18 million users.
Features
Payment Methods
Fees
KYC Required
How to Buy
Download the Coins.ph app from App Store or Google Play
Create an account using your email and phone number
Complete KYC verification by uploading a valid ID and selfie
Add a payment method (GCash, Maya, or bank account)
Go to 'Buy Crypto' section and select the cryptocurrency
Enter the PHP amount you want to spend
Review transaction details and confirm the purchase
The crypto will be added to your Coins.ph wallet instantly
How to Sell
Open the Coins.ph app and go to your crypto wallet
Select the cryptocurrency you want to sell
Tap 'Sell' and enter the amount to sell
Choose where to receive PHP (GCash, Maya, or bank)
Review transaction details and fees
Confirm the sale transaction
PHP will be credited to your chosen account within minutes
Pros
- Largest user base in the Philippines
- Multiple payment options
- User-friendly mobile app
- Instant transactions
- Good customer support
Cons
- Higher fees compared to competitors
- Limited cryptocurrency selection
- Occasional app downtime during high volume
PDAX
Professional digital asset exchange regulated by BSP with advanced trading features.
Maya Philippines
Popular digital wallet with integrated cryptocurrency trading features.
GCash (GCrypto)
Cryptocurrency trading integrated into the Philippines' most popular e-wallet via PDAX.
Important Safety Reminders
- Never share your password or private keys
- Enable 2-factor authentication on all accounts
- Start with small amounts while learning
- Always verify addresses before sending crypto
- Use only licensed and regulated exchanges
Frequently Asked Questions
Ready to Get Started?
Now that you know how to buy and sell crypto in the Philippines, it's time to begin. Choose the platform that suits you best and make your first purchase. Remember: start small and learn as you go!