How to Buy Bitcoin and Crypto in Philippines
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
If you are interested in trading Bitcoin and other cryptocurrencies in the Philippines, here’s what you need to know:
How to Buy Bitcoin and Crypto in the Philippines
Choose a cryptocurrency exchange: There are several cryptocurrency exchanges available in the Philippines, such as Binance, Bitkub, and Coins.ph. You need to create an account on the exchange of your choice and complete the required verification process.
Fund your account: Once your account is verified, you need to fund it with fiat currency or other cryptocurrencies. Most exchanges support bank transfers, credit/debit cards, and other payment methods.
Buy Bitcoin or other cryptocurrencies: After funding your account, you can buy Bitcoin or other cryptocurrencies available on the exchange. You can place a buy order at the current market price or set a limit order for a specific price.
Store your cryptocurrencies: After buying cryptocurrencies, it’s essential to store them securely in a cryptocurrency wallet. You can choose a hardware wallet, software wallet, or online wallet, depending on your preference.
Tips for Trading Bitcoin and Crypto
Do your research: Before investing in any cryptocurrency, it’s crucial to research its fundamentals, such as the project’s whitepaper, team, community, and market sentiment.
Follow the market: Cryptocurrency prices are highly volatile and can change rapidly. Keep an eye on the market and follow the news to stay updated with the latest developments.
Manage your risks: As with any investment, trading Bitcoin and other cryptocurrencies involves risks. It’s crucial to manage your risks by setting stop-loss orders, diversifying your portfolio, and avoiding investing more than you can afford to lose.
Learn technical analysis: Technical analysis is a useful tool for predicting price movements in the cryptocurrency market. Learn how to read price charts, identify trends, and use technical indicators to make informed trading decisions.
In summary, buying and trading Bitcoin and other cryptocurrencies in the Philippines is relatively easy, thanks to the availability of several cryptocurrency exchanges. However, it’s essential to do your research, follow the market, manage your risks, and learn technical analysis to succeed.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through BolsaDX
- BolsaDX es un cripto exchange, creado en 2020 por un grupo de empresarios filántropos, con el respaldo de binance. Y nuestra misión es llevar conocimiento y crecimiento económico a México y el resto de América Latina.