Coins.ph Review
4.0/5 · Crypto exchange
Coins.ph review: the BSP-registered Philippine crypto app with GCash, Maya and InstaPay rails — low trading fees, but a smaller coin list and no published proof of reserves.
Availability in our markets
- Philippines
- Available
- India
- Not offered
- Canada
- Not offered
Built for Philippine users and registered with the Bangko Sentral ng Pilipinas as a VASP. Not offered in India or Canada.
Rating breakdown
- Security & regulation (30%)
- 3.5/5
- Fees (25%)
- 4.5/5
- Coin selection (15%)
- 3/5
- Fiat access & payments (15%)
- 5/5
- Usability & support (15%)
- 4/5
Weighted per our exchange rubric.
Pros
- BSP-registered — legal to use in the Philippines
- Peso cash-in via GCash, Maya, InstaPay and PESONet
- Low spot fees (0.10% / 0.15% at the base tier)
Cons
- Smaller coin selection than global exchanges; privacy coins barred
- No published proof of reserves found
- Philippines only
Key facts
- Spot fees (maker / taker)
- 0.1% / 0.15%
- Coins supported
- Not confirmed
- Fiat methods
- GCash, Maya, InstaPay, PESONet, Bank cards
- Regulation
- BSP-registered VASP (Philippines)
- Founded
- 2014
- Operator
- Betur Inc.
Tier 0 spot rate. The simple Convert function may include a spread.
Verdict
For Philippine users, Coins.ph is the straightforward legal option: BSP-registered, with peso deposits through GCash, Maya and bank transfers, and reasonable fees. It lists fewer coins than the global giants and doesn't publish proof of reserves.
Who it's for
Philippine residents who want a locally licensed app with easy peso deposits and withdrawals.
Safety, regulation & track record
Coins.ph (Betur Inc.) appears on the BSP's registered VASP list (May 2026, as reported by BitPinas). We found no major hack. We found no published proof of reserves. In 2026 the BSP took action against a related entity, DCPay, which BitPinas reports does not affect Betur's VASP licence.
How we researched this
Desk research on 2026-11-03 against the exchange's own fee and policy pages, regulator notices, and news reporting (listed under Sources). We did not deposit funds. Facts we couldn't confirm from a primary source are marked as such rather than guessed. Availability and fees change often — check the exchange and your local regulator before signing up.