Buy Bitcoin Philippines (2021) | Compare the best exchanges

The Best Bitcoin Exchanges in

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Overall Best

The overall best exchange to buy crypto in the Philippines.

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Diversity

Buy and trade crypto and stocks all in one platform.

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Cheapest

Buy and trade crypto with the lowest fees and spreads.

Visit BINANCE

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The premier exchange for Bitcoin traders‍

Binance is arguably the world’s largest Bitcoin and cryptocurrency exchange. They offer the best platform for crypto to crypto trades if you are looking to boost your Bitcoin holdings and stack some satoshi’s.

Buy Bitcoin Finder recommends Binance as the best place to trade Bitcoin against other cryptocurrencies for the lowest fees and the deepest liquidity. Binance also offer a Bitcoin Futures trading platform with up to 125x leverage.

Pros

The best exchange in the world to trade cryptocurrency
Binance offers margin trading and perpetual futures
Easy to use interface for new traders

Cons

Fees for day traders can get expensive if you do not trade using Binance coin

Payment Methods

Credit Card

Debit Card

Bank Transfer

+ Many more

Useability

Reputation

Privacy

Fees

Buy Bitcoin with Binance

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Invest in Bitcoin with a Debit Card or Credit Card Instantly

Coinmama allows users from any country around the world to buy Bitcoin, Ethereum and Chainlink using their exchange. They are one of the few exchanges that allow Credit Card and Debit Card purchased for Bitcoin and crypto using Visa and Mastercard.

If you are a customer in Europe, you can also buy Bitcoin with a SEPA transfer for a lower fee. Coinmama is an extremely private and secure option to invest in Bitcoin as they will send it to your personal Bitcoin wallet, as opposed to having the Bitcoin or cryptocurrency on a managed and less secure wallet on their platform.

Pros

Purchase crypto with a Debit Card and Credit Card
Highest limit to invest in Bitcoin using a Credit Card
Reliable and trustworthy exchange

Cons

Relatively high fees when using a Debit Card or Credit Card

Payment Methods

Credit Card

Debit Card

Bank Transfer (SEPA)

Useability

Reputation

Privacy

Fees

Buy Bitcoin with Coinmama

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Trade a range of assets in one platform

eToro is a world renown multi-asset brokerage company that allows users to invest in Bitcoin as well as buy and trade other cryptocurrencies, stocks, ETFs, currencies, indices and commodities.

eToro is a well respected business that is best in class in terms of security and regulation from a global standpoint. eToro is available in most countries around the world including Australia, Canada, United States, United Kingdom, New Zealand and more.

Pros

Gold standard in terms of regulation and security
Simple user interface for new traders
Social trading allows you to copy trade famous traders

Cons

It isnt a pure Bitcoin exchange, which results in high fees

Payment Methods

Bank Transfer

POLi Pay & Osko

Bank Wire

SWIFT

Useability

Reputation

Privacy

Fees

Buy Bitcoin with eToro

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‍The Regulatory Framework

From a regulatory perspective, the Philippines has always been a country that has enacted legal frameworks that aim to promote and boost the adoption of Bitcoin and digital currencies in the country. Cryptocurrencies like Bitcoin in the Philippines are very popular for remittance, it is common for people in Phillipines and out of the Philippines to send money in and out of the country on the Bitcoin blockchain.

The central bank of the Philippines, otherwise known as Bangko Sentral ng Pilipinas, or BSP for short, requires that all digital currency exchanges register with them in order to legally provide virtual currency remittance and transfer services. These clear guidelines have made it easy for many Bitcoin exchanges in the Philippines to quickly set up in the country, which has been a massive boost for adoption.