Best crypto exchanges in the Philippines
Crypto exchanges are available in the Philippines through platforms registered with the BSP as virtual asset service providers, such as Coins.ph, PDAX, and Maya, while several international platforms are restricted.
This is general information, not legal, tax, or financial advice. We do not rank or recommend platforms. Verify the current registration of any exchange with the official regulator before acting.
Crypto exchanges are available in the Philippines through platforms registered with the Bangko Sentral ng Pilipinas (BSP) as virtual asset service providers, including Coins.ph, PDAX, and Maya, as of May 2026. Access to several unregistered international platforms, including Binance, has been restricted since 2024. Using a registered provider keeps your activity inside the supervised system.
What available means here
In the Philippines, a platform that serves local users by exchanging crypto and pesos, transferring, or holding custody must register with the Bangko Sentral ng Pilipinas (BSP) as a virtual asset service provider, and where it deals in crypto assets that are securities it must also register with the Securities and Exchange Commission (SEC) as a crypto asset service provider. Available means a platform is registered and operating for Philippine residents, not simply reachable through a browser. The BSP has paused new virtual asset service provider licences with a moratorium extended indefinitely from 1 September 2025, so the registered set is largely fixed.
Registered platforms that serve the Philippines
Several platforms are registered with the BSP as virtual asset service providers and serve Philippine users as of May 2026. Coins.ph, operated by Betur Inc., is one of the longest running local platforms. PDAX, the Philippine Digital Asset Exchange, is a locally built exchange. Maya, operated by Maya Philippines Inc., offers crypto features within its wider financial app. UnionBank of the Philippines also holds a registration. We name these as registered providers factually, not as recommendations, and the registered list can change, so confirm a platform appears on the current BSP list before depositing funds.
Which platforms are restricted
Access to some large international platforms has been constrained. The SEC issued an advisory against Binance in November 2023 and in March 2024 asked the National Telecommunications Commission to block access, after which telecommunications providers blocked its web pages and the app was removed from local app stores. The SEC has periodically flagged other unregistered platforms as well. We do not link to platforms that are not registered to serve Philippine users, because availability accuracy is the entire point of this page.
Compare the platforms genuinely registered with the BSP to serve Philippine residents, with their registrations and how to sign up compliantly. We show only registered, available providers.
Compare exchanges available in the PhilippinesFrequently asked questions
Which crypto exchanges are available in the Philippines?
Platforms registered with the Bangko Sentral ng Pilipinas as virtual asset service providers serve Philippine users, including Coins.ph, PDAX, and Maya, as of 2026. Using a registered provider keeps activity inside the supervised system. Verify a platform is registered before signing up.
Is Binance available in the Philippines?
Access to Binance has been restricted since 2024, when the SEC asked the National Telecommunications Commission to block it for operating without a licence and its app was removed from local stores. Treat it as restricted and use a registered alternative.
How do I know an exchange is licensed in the Philippines?
Check that the platform appears on the Bangko Sentral ng Pilipinas list of registered virtual asset service providers, and where securities are involved that it is also registered with the SEC as a crypto asset service provider. Confirm directly with the regulators before depositing funds.
Can I open a new exchange in the Philippines?
The BSP has paused new virtual asset service provider licences with a moratorium extended indefinitely from 1 September 2025, so the registered set is largely fixed. The existing registered providers continue to operate as of 2026.
Which exchange is best in the Philippines?
This page does not rank platforms or recommend one over another. The right choice depends on your needs, the assets you want, and the fees you accept, among registered providers. Compare the available registered exchanges and verify each yourself.
Regulator and sources
Exchanges serving the Philippines are registered with the Bangko Sentral ng Pilipinas (BSP) as virtual asset service providers under Circular No. 1108, and where securities are involved with the Securities and Exchange Commission (SEC) as crypto asset service providers under the 2025 rules. The National Telecommunications Commission (NTC) carried out the 2024 blocking of Binance at the SEC request. Confirm any platform registration with the regulators directly.
- Bangko Sentral ng Pilipinas (BSP), official site, for the list of registered virtual asset service providers
- Securities and Exchange Commission (SEC), official site, including the 2025 Rules on Crypto Asset Service Providers
- Report on the NTC directive to block access to Binance at the SEC request (2024)
Rules change. Registrations are added and withdrawn, the BSP licence moratorium continues, and enforcement against unregistered platforms is ongoing. The availability of any individual platform can change. Confirm a platform appears on the current BSP register before you act.