Crypto & Perp Trading in Philippines

Philippines permits crypto trading under its current rules.

Asset classes on Canborsa

Crypto perps

52 markets ›

Stock & pre-IPO perps

26 markets ›

Commodity perps

4 markets ›

Index perps

4 markets ›

GCash and Maya dominate retail crypto funding, since most Filipino adults hold at least one of the two apps.

InstaPay handles smaller near-immediate transfers; PESONet handles larger batched ones.

Card issuers in the Philippines sometimes flag crypto as high risk, refusing purchases or leaving 3-D Secure unanswered.

P2P USDT

funding rail

WORKS

Buyers and sellers settle P2P marketplace offers using GCash, Maya, or bank transfer as the payment method.

Individual taxpayers are subject to graduated income tax rates of up to 35% on net taxable income above PHP 250,000; the first PHP 250,000 of net taxable income is tax-free.

Philippines treats crypto trading as legal.

Philippines residents can choose from 29 platforms, including Aevo, ApeX and Aster.

Full identity verification is the norm at any licensed venue.

In Philippines, crypto accounts can be funded using Mobile Money (GCash & Maya), Bank Transfer (InstaPay & PESONet) and Debit Card.

From Philippines, Canborsa's trading fee is 0.07% per side.