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As the popularity of Bitcoin continues to grow around the world, many cryptocurrency exchanges have started offering their services in the Philippines.

If you are wondering how to buy Bitcoin in the Philippines, then you have come to the right place. 

In this guide, we explain the process of buying Bitcoin in the Philippines in detail along with comprehensive reviews of the best crypto exchanges you can use for this purpose.

How to Buy Bitcoin Philippines – Quick Guide

We have prepared a quickfire guide that outlines how to buy Bitcoin in the Philippines in less than 10 minutes.

For this tutorial, we explain the Bitcoin trading process with the commission-free platform

  • Step 1: Open a Account
    To get started, head over to the homepage to create your account by providing the required personal information and submitting a copy of your ID.
  • 💳 Step 2: Deposit Funds
    At, you can fund your account via a range of payment methods. If you deposit money using your debit/credit card or e-wallet, the minimum amount required is only $20. However, those who wish to make a bank wire transfer will have to deposit at least $250. Either way, no deposit fees are charged.
  • 🔎 Step 3: Search for Bitcoin
    Next, use the search function on to find Bitcoin. You will find support for several Bitcoin markets here, but for beginners, it is best to stick to the BTC/USD pair.
  • 🛒 Step 4: Trade Bitcoin 
    Finally, you can set up a buy order on Bitcoin. Enter the amount you wish to stake on Bitcoin and confirm the order for to execute it.

It is important to note that is a CFD platform. Meaning – you will be buying and selling financial instruments that represent the real-world value of Bitcoin.

Consequently, it is not needed for you to own Bitcoin to profit from its price changes.

Cryptoassets are a highly volatile unregulated investment product. 

Where to Buy Bitcoin in Philippines

When considering where to buy Bitcoin in the Philippines, you are likely to come across a long list of cryptocurrency exchanges. However, the best platforms offer you the right balance of useful features, user-friendliness, and low fees.

In this section, we introduce you to the best cryptocurrency exchanges in the Philippines that give you access to Bitcoin.

1. – Overall Best Place to Buy Bitcoin in the Philippines review

Our top pick for the best place to trade Bitcoin in the Philippines is It hosts over five million accounts and supports more than 475 crypto markets. specializes in CFD trading instruments.

For those unaware, CFDs are financial derivative products that track the market value of the underlying asset. In this case, you will be using to buy and sell Bitcoin CFDs. This way, you do not have to take ownership of any BTC coins, nor worry about their safe storage.

Moreover, CFDs also permit you to profit from the bullish and bearish movements of Bitcoin. To elaborate – if you think the value of Bitcoin will rise in the future, you can place a buy order and sell the CFD if and when its price increases. On the other hand, if your speculation is that Bitcoin will drop in value, then you use a sell order first, and if you were right, you will make a profit.


Another reason why we prefer is that it lets you trade Bitcoin at 0% commission. This means that you only have to be concerned with the spread, which is the gap between the buy and sell price of Bitcoin quoted by this broker. Nevertheless, we found that offers a highly competitive spread for Bitcoin and other cryptocurrencies.

If you are experienced with Bitcoin trading, you can also opt to access leverage at This allows you to magnify your position by borrowing funds from the broker. To get started with, you will need to make a deposit of at least $20 (about ₱1,050) using your credit/debit card or an e-wallet.

If you choose to make the payment using a bank transfer, the minimum deposit required is $250. is also considered a reputable platform due to regulation from the FCA, CySEC, ASIC, and NBRB. It also features a user-friendly, yet highly advanced AI-enabled trading platform.

To make Bitcoin trading more accessible to you, has also launched a mobile app that offers a seamless experience for users across all levels.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.

2. – Buy and Stake Bitcoin to Earn Rewards logo is a popular exchange that lets you buy Bitcoin in the Philippines with ease. Apart from Bitcoin, you can use this platform to purchase and sell more than 250 other digital assets. In order to access cryptocurrency markets via this provider, you will first need to create an account and verify your identity.

As a well-established platform, offers a wide range of services. It comes with an intuitive mobile app that you can use to buy Bitcoin directly with your credit card. Moreover, you can also access your Bitcoin and spend the digital tokens at any time using the Visa card.

If you choose to buy Bitcoin via the exchange, you will also have access to several markets. The commission charged by is low – you will only have to pay between 0.04% and 0.4%, depending on whether you are a taker or a maker. On top of this, you can also stake CRO coins – the native token of the ecosystem –  to receive discounted fees.

One of the beneficial features of is its interest accounts.  In simple terms, you can lock in your BTC coins on this platform to earn interest on your deposit. This way, you can receive an annual yield of up to 6% on your Bitcoin investment.

What does is lend your Bitcoin to third parties as secured loans. The interest rate you receive will vary based on factors such as the lock-up term, the amount of Bitcoin you deposit, and whether or not you own any CRO coins. The platform also offers a crypto loan program and has added an NFT marketplace to its list of services.

In addition to this, if you wish to invest in Bitcoin in the Philippines for the long term, you can use the DeFi wallet to store your digital assets. As a non-custodial wallet, it offers you full control over your private keys. You can also farm and swap your DeFi coins directly from this wallet.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

3. Binance – Invest in Bitcoin in the Philippines Using GCash

The next option you have when looking to buy Bitcoin in the Philippines is Binance. This cryptocurrency marketplace is the largest in the world in terms of trading volume and stands out for its low trading fees.

Like, Binance also follows a maker-taker fee model when charging commissions for Bitcoin purchases. The maximum commission you will pay when purchasing Bitcoin on Binance is just 0.10% per slide. Binance lets you invest in Bitcoin using a few different methods.

The easiest would be to buy Bitcoin instantly using your credit/debit card, especially since Binance accepts payment the Philippine pesos.


Alternatively, you can use the P2P marketplace and buy Bitcoin using popular e-wallets such as GCash or by making a bank transfer. It is also possible to trade Bitcoin for other cryptocurrencies via the Binance exchange. Experienced investors can further benefit from Binance by unlocking margin trading facilities for Bitcoin.

On top of enabling Bitcoin investments, Binance also gives you access to over 600 other cryptocurrencies. This platform is also suitable for staking your digital assets to yield passive income. Furthermore, it offers other services such as crypto loans, interest accounts, and a Binance Visa card that you can use to spend your digital assets.

Cryptoassets are a highly volatile unregulated investment product.

Should I Buy Bitcoin?

Bitcoin is, undoubtedly, the most popular cryptocurrency in this marketplace. If you decide to invest in Bitcoin, you will be following in the footsteps of millions of other investors who believe in the potential of this ‘digital gold’.

As exciting and encouraging as this might sound, you still need to consider the risks involved before taking the plunge.

It is paramount to understand that cryptocurrencies such as Bitcoin do not have any intrinsic value.

In other words, the price of Bitcoin is dictated by what people are prepared to pay for it. Nevertheless, Bitcoin is widely considered one of the best ways to diversify your investment portfolio.

Benefits of Buying Bitcoin

Bitcoin has demonstrated its potential which can make it a lucrative investment, given that you buy this digital at the right time.

In the sections below, we discuss some of the advantages of investing in Bitcoin right now.

Decentralized Asset Class

As a cryptocurrency, Bitcoin belongs to a decentralized asset class. Put otherwise, the Bitcoin network is not controlled or governed by any financial authority. This comes with a number of core benefits.

Buy Bitcoin

For one, it is impossible to manipulate the supply of Bitcoin. Moreover, since there is no third-party involvement, the cost of performing international transactions is low, especially when compared to conventional bank transfers.

On top of this, the Bitcoin network also is built on the blockchain protocol, which ensures transparency for all transactions.

Limited Supply

The total supply of Bitcoin is limited to 21 million tokens. In theory, when the supply of an asset is limited, demand increases over time, and so does its value.

Based on the current rate of the block reward offered, it is estimated that in approximately 118 years, the final Bitcoin token will be minted. In other words, this can lead to scarcity and can be a big contributor to driving up the value of Bitcoin in the future.

High Liquidity

Bitcoin is arguably one of the most liquid assets in the world. There are numerous trading platforms available on a global scale, giving you access to Bitcoin at the click of a button.

You can easily exchange this digital asset for cash or for other cryptocurrencies instantly, with low fees.

Bitcoin supply

It is also possible to trade this cryptocurrency to profit from its short-term price fluctuations. Additionally, there are also different ways to put Bitcoin to work, such as by opening a crypto interest account or by staking.

In other words, by investing in Bitcoin, you will not be short of ways to generate returns on your capital.

Hedge Against Inflation

Investors are always looking for ways to shield their portfolio from inflation. Gold has been historically the go-to asset for hedging, however, due to its decentralized nature, Bitcoin has become a popular alternative in recent years.

Since Bitcoin is deflationary, you can use this digital asset to diversify your wealth. This can help you avoid becoming overexposed to the risks of hyperinflation.

Potential for Attractive Returns

When looking at its past performance, Bitcoin has demonstrated tremendous growth.

  • Since the network was launched in 2009, the price of Bitcoin has increased by several million percentage points.
  • Those who invested in Bitcoin in the early years have therefore generated monumental returns on their capital.
  • In comparison, the S&P 500 index witnessed a growth of only 400% over the same time period.

As you can see, the disparity is striking. Given the increased adoption of Bitcoin, the cryptocurrency has the potential to continue generating attractive returns over the long term.

Best Ways of Buying Bitcoin in PH

Bitcoin is one of the most accessible cryptocurrencies available today. And as such, this digital asset can be bought using several payment methods.

Take a look at the different ways you can adopt to buy Bitcoin in the Philippines right now.

Buy Bitcoin With Credit Card or Debit Card

Perhaps the most preferred method of purchasing Bitcoin is with a credit or debit card. This is mainly due to the convenience of the process.

After all, this method only requires you to enter your credit/debit card details to buy Bitcoin instantly.

That said, most crypto exchanges facilitate credit/debit card payments via third-party platforms. And as such, fees can also be high.

For instance, on Binance, you will pay upto 2% in transaction charges.

In comparison, is the cheapest choice if you are looking to buy Bitcoin with credit or debit cards since it levies no fees at all for this mode of payment.

Buying Bitcoin with PayPal

Popular platforms like allow you to trade Bitcoin in the Philippines using e-wallets such as PayPal. Binance has also launched e-payment options that include PayNow, Paylah, GCash, and ShopeePay for investing in Bitcoin using the Peso.

The fees for using such e-wallets will once again vary depending on your chosen Bitcoin exchange. For instance, does not charge you any deposit fees for processing e-wallet payments. However, others will charge upwards of 4-5%.

Bitcoin Price

The price of Bitcoin is determined by the same market forces that influence the value of stocks and traditional commodities. In other words, the value of Bitcoin fluctuates based on the supply and demand in the market. 

  • If there are more people wanting to buy Bitcoin, then the market sentiment towards this digital coin will be bullish, and its price will go up. 
  • On the other hand, if a larger share of investors are looking to cash out their Bitcoin investments, then there will be a higher supply of BTC coins in the market. If this happens, Bitcoin will see its value go down. 

As noted, this is comparable to how stocks and commodities behave in the conventional investment market. On top of this, you will also notice that the Bitcoin price varies slightly from one broker to another.

This is because of the volatility associated with this digital asset – which is common in the crypto markets. 

Bitcoin price chart

It is also worth mentioning that the price of Bitcoin is predominantly denoted in US dollars, even on brokerage platforms available in the Philippines.

This is in line with the industry standard, mainly because the US dollar is considered the global benchmark currency. This is the case not only with Bitcoin, but with mainstream commodities like gold, oil, and agricultural products.

Bitcoin Price Prediction

As noted earlier, the demand for Bitcoin rises when there are a lot of investors interested in buying this cryptocurrency. One of the driving factors for the price increase of Bitcoin is the growing adoption of the broader crypto industry.

For example, when institutional investors started HODLing Bitcoin in early 2021, the demand for this digital currency outstripped the pace at which new coins were minted.

And as a result, we saw the value of Bitcoin skyrocket. In fact, the price of the digital asset went from about $11,000 in October 2020 to an all-time high of $69,000 in November 2021.

However, Bitcoin has also experienced some huge price swings, which highlights its volatile nature.

Bitcoin price

At the time of writing, Bitcoin is priced at around $30,000, which represents a drop of about 55% from its peak in 2021. That being said, how the Bitcoin market moves from here remains to be seen.

Experts suggest that the value of Bitcoin could go as low as $10,000 per token, before setting out on the next upward trend. On the other hand, many argue Bitcoin can now be purchased at a huge discount.

If you are looking to trade Bitcoin for the short term, you can still profit from its fluctuations by using strategies such as ‘day trading’ and ‘swing trading’. is one of the best platforms to use for this purpose. When using this platform, you can profit from both the rising and falling prices of Bitcoin via CFD instruments.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.

How to Buy Bitcoin Safely

There are a wide variety of platforms out there that give you access to Bitcoin in the Philippines. However, not all of them are secure, nor suitable for your preferred way of investing.

Hence, we encourage you to become familiar with your chosen Bitcoin exchange before deciding to proceed with it.

To point you in the right direction, you can adopt the following measures to invest in Bitcoin in the Philippines safely.

Avoid Investing Large Sums

As we noted above, cryptocurrencies such as Bitcoin can be extremely volatile.

Due to this risk, you should avoid investing all of your investment capital into Bitcoin.

  • Preferably, you should consider diversifying your money into different asset classes – such as stocks, ETFs, or commodities like gold.
  • This way, you won’t be largely exposed to the wild fluctuations of the crypto market.
  • Moreover, instead of investing your money all at once, you can also buy Bitcoin at regular intervals.
  • For instance, you can choose to invest $100 for ten months rather than investing $1,000 at once.

By investing this way, you will take the emotional factor out while deciding when to buy Bitcoin.

Choose the Right Platform

When looking to buy Bitcoin in the Philippines, it is equally important to choose the right provider.

Preferably, the platform has to be safe, secure, and offer a user-friendly interface.  We found that ticks all the right boxes in this regard. is easy to use and is regulated by multiple financial authorities.

Furthermore, it also lets you save money on deposit fees and commissions. It is also useful that the platform offers numerous payment methods at your disposal to trade Bitcoin in the Philippines.

Practice Safe Storage 

In case you are looking to hold your Bitcoin tokens for the long term, then you should also think of a safe storage mechanism. The best option here would be to secure your Bitcoins in a non-custodial wallet.

This way, no one else gets access to your BTC tokens, as long as the password and private keys of the wallet are safe with you. offers one of the best non-custodial wallets in the market, which you can use to store not only Bitcoin but over 100 other digital assets.

How to Buy Bitcoin in Philippines – Tutorial

This section of our beginner’s guide will explain how to buy Bitcoin in Phillippines in detail.

We will discuss how you can open an account, add funds, and start trading Bitcoin in less than 10 minutes.

Step 1: Open Account

To get the ball rolling, you can visit the website and click the ‘Trade Now’ button on the home page. You will then be redirected to the account opening page, where you can sign up by providing your email address and password.

After clicking the ‘Continue’ button, you can now move on to the next step of the registration process – which is to provide your personal information.

This covers basic details such as your full name, date of birth, address, and contact details., being a secure online trading platform, also has a KYC process in place to verify the identity of its users. To complete this step, you will have to provide a digital copy of your government-issued ID, such as a valid passport.

Once you submit the ID, will verify it in a matter of seconds.

Step 2: Deposit Funds

In order to be able to place Bitcoin trades on, your account has to be sufficiently funded.

There are multiple funding methods available at your disposal, and the minimum deposit requirement varies on the specific mode of payment you choose.

  • You might find it best to fund your account using a debit/credit card or an e-wallet. In choosing this payment method, the minimum deposit required is only $20.
  • If you wish to make a bank transfer, then you will have to transfer a minimum of $250.

The good news is that covers all deposit and withdrawal costs, so you do not have to pay anything extra to process the payment.

Step 3: Search for Bitcoin (BTC/USD)

As we noted earlier, supports a long list of Bitcoin markets.

You can choose to trade Bitcoin against fiat currencies such as US dollars or other cryptocurrencies like Ethereum.

If you are new to the crypto space, we suggest that you opt for a liquid market such as BTC/USD.

When choosing a crypto trading pair such as BTC/USD – this means that you are speculating on the value of Bitcoin against the US dollar.

To find this Bitcoin market, you simply have to enter ‘BTC/USD’ into the search box. You can then click on the result when it appears.

Step 4: Trade Bitcoin

On the next screen, you will be able to see the price chart of the crypto pair you chose – in this case, BTC/USD.

There will also be additional useful information such as the fees involved on market, margin requirements, and other details.

To place a trade, you can click on the ‘Buy’ or ‘Sell’ button based on your strategy. To recap, if you think the value of Bitcoin is going to rise, you can open a ‘Buy’ position.

Then, proceed to enter your stake in US dollars and finalize the order. will carry out your trading order and the position will remain open until you are ready to close it.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.

How to Sell Bitcoin 

Similar to figuring out when to buy Bitcoin in the Philippines, you should also think of the right time to cash out your holdings.

When you are ready, you can sell your Bitcoins easily via one of the platforms we discussed above.

  • For instance, if you are using, then you can start by signing in to your brokerage account.
  • Next, find the open Bitcoin position in your account and close the trade.
  • The funds from the trade will be added to your account balance on

On the other hand, if you are using a platform like Binance, you might have your BTC coins in your wallet. In this case, you might have to transfer your Bitcoin to the exchange before you can sell them.


This beginner’s guide has discussed everything there is to know about how to buy Bitcoin in the Philippines. We have also discussed where to buy Bitcoin in the Philippines and how you can complete your investment safely.

It is crucial that you choose the right platform when purchasing or trading Bitcoin online. If you are confused about which cryptocurrency platform to choose, it is always best to go for a regulated and established provider like

This platform allows you to profit from the price movements of Bitcoin, without having to take ownership. Moreover, you do not have to pay any commission to place Bitcoin trades on, and the minimum debit card deposit is just $20. review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.


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