Coins.ph blends a Philippine peso wallet with crypto purchases and spot trading. Because it also handles local payments, it plays a different role from exchanges that focus only on international crypto markets. It suits customers who want to move between pesos and supported digital assets within one account built for the Philippines. Its conversion feature and its spot order book present prices differently and should be compared separately.

At a glance

  • Founded: 2014.
  • Headquarters: Taguig, Metro Manila, Philippines.
  • Regulation and licences: Betur Inc. holds a virtual asset service provider permission from the Philippine central bank; DCPay Philippines Inc. provides separately licensed e-money services.
  • KYC requirement: Normal fiat and crypto services require identity verification.
  • Supported countries: Aimed at eligible customers in the Philippines, with specific requirements for foreigners.
  • Number of cryptocurrencies: 170+ cryptocurrencies advertised.
  • Fiat deposits: Peso funding by bank, e-wallet and supported cash options.
  • Mobile app: Local wallet services, crypto conversion and trading on mobile.

Sign up and KYC process

You submit an accepted ID document and complete a face check, with more checks if your account or requested limits need them. Verification applies to both the wallet's fiat features and the crypto service; it is not an optional step reserved for very large traders.

Foreigners face specific document requirements, including a passport and proof of alien registration, and documents may need to be in an accepted language or come with a translation. This route should not be described as open international sign-up, since local account rules still decide who is eligible.

The group names separate regulated companies for virtual assets and for e-money. Betur Inc.'s crypto permission and DCPay Philippines Inc.'s e-money licence cover different services, which explains why a peso wallet function and a crypto trade can sit in the same app while following different legal and operational rules.

Fees

Coins.ph publishes a spot trading fee schedule that starts at 0.10% for makers and 0.15% for takers, with lower tiers based on recent qualifying volume. These rates apply to the spot order book, not to every conversion or wallet transaction in the app.

The conversion feature may show no separate trading fee, but the quoted rate still decides how much of the target asset you receive. A zero itemised fee is therefore no guarantee that the quote matches the price on outside markets; spot trading and conversion are simply two different ways of executing a trade.

Supported assets and features

Coins.ph advertises more than 170 cryptocurrencies, alongside local wallet features such as bill payments and mobile services. That mix suits Philippine customers who want one account for everyday peso payments as well as for investing or trading.

Spot trading offers an order book alternative to the instant conversion quote. Which you choose depends on whether you prefer immediate simplicity or more control over your price, and the maker and taker rates only matter when your trade actually goes through the spot market.

Keep the local Coins.ph service separate from international products with related branding. A global catalogue or overseas promotion does not describe what a Philippine account offers; the peso routes, local terms and available withdrawal networks are the better basis for comparison.

Security

Coins.ph offers extra account authentication and a Security Lock that lets you freeze access if you suspect a problem. Unlocking requires identity checks such as face verification and additional authentication, rather than just a normal password reset.

This matters for a mobile wallet used for both payments and crypto, where a compromised phone or account can affect more than one trading balance. Still, having separate e-money and virtual asset permissions is not blanket insurance against every possible loss across the app.

Pros

  • Peso deposits and local payment features alongside crypto.
  • A spot market as an alternative to direct conversion quotes.
  • Separately regulated companies and a documented Security Lock.

Cons

  • Local eligibility and documents limit its use as a universal international account.
  • A conversion without a separate fee can still differ from the spot price.
  • Deposit and withdrawal costs depend on the local method you use.

Verdict

Coins.ph is most relevant for eligible customers in the Philippines who value combining local payments with crypto. Spot trading is a useful alternative to simple conversion, but compare each on its own pricing. The deciding factors are how you will fund in pesos, which coin you want and how you plan to take money out.