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Country Guide · Legality & Payments

No-KYC Crypto Trading in Philippines: What Actually Works (2026)

AVAILABLE20 platforms SIGN-UPEmail, X or a wallet CRYPTOLegal

20 platforms sign a trader in Philippines up with an email, an X account or a wallet, and none of them asks for identity documents before the first trade. A fiat on-ramp still verifies identity, so the document step moves to the on-ramp.

🇵🇭Philippines · no-KYCSign-up and custody
Sign-upEmail, X or a wallet
Document-freeCrypto you already hold
Funding rails4 routes
Canborsa fee0.07% per side
Funding1h
Start with just an email ›
Philippines · at a glance
20
availablePlatforms available in Philippines
4
routesFunding rails
Legal
legal statusCrypto trading & holding
86
marketsMarkets on Canborsa
Landscape · KYC policy by venue

What actually works without KYC in Philippines

Platform
Asset classes
Sign-up
Max lev
Taker fee
Canborsa
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Browser Wallet Non-custodial
up to 30x
0.07%›
ApeX
Crypto · Stocks · Gold & commodities · Indices
Browser Wallet Non-custodial
100x
0.05%
Aster
Crypto · Stocks · Gold & commodities
Browser Wallet Non-custodial
200x
0.04%
Avantis
Crypto · Stocks · Gold & commodities · Indices · FX
Browser Wallet Non-custodial
500x
0.045%
Bluefin
Crypto
Browser Wallet Non-custodial
—
0.035%
Derive
Crypto · Gold & commodities
Browser Wallet Non-custodial
—
0.03%
dYdX
Crypto · Stocks · Gold & commodities · FX
Browser Wallet Non-custodial
50x
0.05%
Ethereal
Crypto
Browser Wallet Non-custodial
50x
0.03%
gTrade
Crypto · Stocks · Gold & commodities · Indices · FX
Browser Wallet Non-custodial
1000x
0.035%
Helix
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO · FX
Browser Wallet Non-custodial
100x
0.0001%
Hibachi
Crypto · Gold & commodities · FX
Browser Wallet Non-custodial
20x
0.045%
Hyperliquid
Crypto · Gold & commodities · Indices · FX
Browser Wallet Non-custodial
50x
0.045%
KiloEx
Crypto · Stocks · FX
Browser Wallet Non-custodial
125x
0.05%
Lighter
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO · FX · Bonds
Browser Wallet Non-custodial
50x
0%
Ondo
Crypto · Stocks · Gold & commodities · Indices · ETFs
Browser Wallet Non-custodial
25x
0.025%
Paradex
Crypto · Stocks · Gold & commodities · Indices
Browser Wallet Non-custodial
50x
0%
QFEX
Stocks · Gold & commodities · Indices
Browser Wallet Non-custodial
30x
0.1%
Reya
Crypto
Browser Wallet Non-custodial
100x
0.03%
SparkDEX
Crypto
Browser Wallet Non-custodial
50x
—
Synthetix
Crypto
Browser Wallet Non-custodial
50x
0.05%
Vest
Crypto · Stocks · Gold & commodities · Indices · ETFs · FX
Browser Wallet Non-custodial
50x
0.01%
Verification levels · what each one costs you

Three levels of KYC, and where each one stops

Wallet-only — no KYCWallet-first
You giveA wallet signature
You getFull markets, self-custody margin
The wallFunding happens elsewhere
Email or social — KYC-liteEmail · X
You giveAn email or an X account
You getA recoverable login, same markets
The wallTiered withdrawal review
Documents — full KYCRequired for fiat
You giveIdentity documents
You getFiat deposits, higher caps
The wallWithholding where local law sets it
What no-KYC does not mean
LimitsA venue can cap or review a withdrawal without notice
TermsAccepting the terms does not displace local law
RecoveryA wallet-only account has no support desk that restores access
Geo-blocksFront-ends restrict jurisdictions whether or not documents are collected
TaxLocal tax on gains is owed whichever venue you use
Funding · where the documents appear

Rails that work without a local bank account

Routes that start from crypto you already hold stay document-free.

Rail
Note
Status
Mobile Money (GCash & Maya)funding rail
GCash and Maya dominate retail crypto funding, since most Filipino adults hold at least one of the two apps.
WORKS
Bank Transfer (InstaPay & PESONet)funding rail
InstaPay handles smaller near-immediate transfers; PESONet handles larger batched ones.
WORKS
Debit Cardfunding rail
Card issuers in the Philippines sometimes flag crypto as high risk, refusing purchases or leaving 3-D Secure unanswered.
LIMITS
P2P USDTfunding rail
Buyers and sellers settle P2P marketplace offers using GCash, Maya, or bank transfer as the payment method.
WORKS

Full identity verification is the norm at any licensed venue. BSP Circular 1108 requires a VASP to conduct customer due diligence when it establishes a business relationship, and it sets the threshold for an occasional 'relevant business transaction' at PHP 5,000 or more (single or linked transactions), so even one-off buyers above a small peso amount are identified.

How to start trading
01
01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet
02
02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→Robinhood Chain
03
03.

Open the ticket on any Canborsa market

Crypto, gold and other commodities, US shares, pre-IPO names and indices sit in one book. The ticket shows the live price, the current funding rate and that market's max leverage.

BTCGOLDNVDA·any of 86 markets
04
04.

Choose Buy / Long, then set size and leverage

A $1,000 position at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%

Frequently asked questions

What does no-KYC mean?›

It describes how a venue signs a trader up: an email, an X account or a wallet, with no identity documents before the first trade. It says nothing about the fiat step, where an on-ramp can still ask for them.

Do I owe tax if the venue never asked who I am?›

Yes. In Philippines: 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.

Which networks does Canborsa accept deposits on?›

USDC on Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum.

What are Canborsa’s fees?›

0.07% per side, 0.14% round-trip.

Keep exploring
Other countries
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Learn
Perp regulation by countryguide · regulation access›KYC requirements on exchangesguide · regulation access›Citizenship and exchange accessguide · regulation access›How crypto trading is taxedguide · regulation access›All Learn guideslearn · index›
Where to trade
Canborsaperp dex · canton›Synthetix reviewplatform · profile›Vest reviewplatform · profile›SparkDEX reviewplatform · profile›ApeX reviewplatform · profile›
Philippines · no documents at signup · 86 markets

Email, X or wallet — start in minutes

0.07% per side
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