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Asset × Country · Legal Status

How to Trade DRAM Price Index (DRAM) in Philippines

STATUSLegal REGULATORBSP CLASSIndex

From Philippines, exposure to DRAM Price Index runs through a USDC-settled perpetual.

DRAM Price Index · DRAM-PERPIndex · Philippines
Price · 24h—
Max leverage20x
Funding · APR—
In PhilippinesAvailable
Canborsa fee0.07% per side
Trade DRAM on Canborsa ›
DRAM Price Index in Philippines · at a glance
Legal
legal statusDRAM Price Index exposure from Philippines
20x
max leverageDRAM Price Index on Canborsa
0.07%
0.14% round-tripCanborsa fee per side
1h
funding intervalSettled while a position is open
What the law actually says

Is DRAM Price Index trading legal in Philippines?

Spot crypto is lawful in the Philippines and is supervised as a licensed activity, not tolerated at the margins: Bangko Sentral ng Pilipinas (BSP) Circular No. 1108 (2021) replaced the older Virtual Currency Exchange rules with a Virtual Asset Service Provider (VASP) regime, treats VASPs as money service businesses under BSP's regulatory and examination powers, and requires each one to hold a Certificate of Authority before it may exchange virtual assets against fiat, exchange one virtual asset for another, transfer virtual assets, or hold them in custody. Holding and trading crypto as an individual is not prohibited anywhere in that circular; the licensing burden falls on the provider.

What the contract is

A perpetual on DRAM tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.

Regulator — Philippines
RegulatorBangko Sentral ng Pilipinas (BSP)
Websitewww.bsp.gov.ph
CryptoLegal
Funding · local rails

How to fund a trade from Philippines

The routes traders use to reach USDC before a deposit.

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

Platforms that offer DRAM Price Index perps in Philippines

9 venues open DRAM Price Index perps to traders in Philippines.

Platform
Sign-up
Max lev
Taker fee
CanborsaSign up›
Browser Wallet Non-custodial
20x
0.07%
ApeX
Browser Wallet Non-custodial
50x
0.05%
Aster
Browser Wallet Non-custodial
—
0.04%
Hyperliquid
Browser Wallet Non-custodial
20x
0.045%
Lighter
Browser Wallet Non-custodial
20x
0%
Ondo
Browser Wallet Non-custodial
10x
0.025%
Paradex
Browser Wallet Non-custodial
5x
0%
QFEX
Browser Wallet Non-custodial
10x
0.1%
Vest
Browser Wallet Non-custodial
10x
0.01%

How to start trading DRAM Price Index from Philippines

Four steps from sign-up to an open position.

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 DRAM-PERP

Pick DRAM in the markets list. The ticket shows the live price, the current funding rate and max leverage 20x .

DRAM-PERPPerpetual · USDC marginLONG
04
04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of DRAM 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 below your entry before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%
Tax note — 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.

Frequently asked questions

Is trading DRAM Price Index legal in Philippines?›

Trading DRAM Price Index from Philippines: legal.

How do I deposit funds to trade DRAM Price Index in Philippines?›

Philippines traders can fund DRAM Price Index positions using Mobile Money (GCash & Maya), Bank Transfer (InstaPay & PESONet) and Debit Card.

What venues offer DRAM Price Index trading to residents of Philippines?›

11 platforms serve Philippines for DRAM Price Index trading, among them Aevo, ApeX and Aster.

What are Canborsa's fees for trading DRAM Price Index from Philippines?›

Canborsa charges 0.07% per side (0.14% round trip) on DRAM Price Index.

Keep exploring
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DRAM Price Index · Philippines

Trade DRAM Price Index from Philippines

0.07% per side
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