Coins.ph Top Trader's Cup Scales Prize Pool to ₱523,441 ($8,750)

Coins.ph opened registration for its Top Trader's Cup with a prize structure that scales based on how many traders qualify. The competition runs through April 17 and uses a dynamic rewards pool that starts at ₱10,469 ($175) when 500 traders meet the 350 USDT minimum trading volume. That pool jumps to ₱20,938 ($350) at 1,000 participants, $875 at 2,500, $1,750 at 5,000, $3,500 at 10,000, $5,250 at 15,000, and caps at $8,750 if 25,000 qualified traders join. Trading volume is measured on Coins Pro, the platform's spot exchange that supports PHP pairs for over 20 tokens including BTC/USDT, ETH/USDT, XRP/USDT, and DOGE/USDT.

The top finisher takes 20% of whatever pool unlocks. Second place gets 15%, third takes 10%, and the remaining 55% splits among ranks 4 through 100. A trader who places first when the maximum pool unlocks would earn $1,750, while a 50th-place finish at the same tier would net roughly $48.

Participants need a KYC Level 2 Verified Account and must be 18 or older. Coins.ph operates under BSP licenses as a Virtual Currency Exchange, Virtual Asset Service Provider, and Electronic Money Issuer, making it one of two major BSP-licensed exchanges alongside PDAX. The platform integrates crypto trading with local services like bills payments and mobile load top-ups.

Winners receive email notifications within seven working days after the campaign ends on April 17, with rewards hitting Coins.ph wallets within 15 working days.

🇵🇭 What This Means for Filipinos: This tournament targets Filipino retail traders on a BSP-licensed platform with PHP trading pairs. The dynamic prize structure favors volume generation on Coins Pro, which competes with offshore exchanges like Binance that remain unlicensed in the Philippines despite heavy local usage. For traders already using Coins.ph for bills payments and remittances, the 350 USDT minimum creates a low barrier to compete for rankings.