Bitcoin has surged to all-time highs and flirting with the psychological resistance of $100,000 after it bottomed out around the price of $15,000 just last year. In the coming days, will we finally see BTC at $100K? Aside from BTC, most cryptocurrencies are surging to all-time high levels, is this the bull cycle everyone is waiting for? Investors and traders alike are all crazed up for this, and we are all here for it!
There’s a lot of exchanges and platforms to buy your first crypto in the Philippines, here are some exchanges below to look for if you are looking to invest for the first time.
Are you looking for platforms to purchase your first crypto safely, or to transfer your digital assets to a secure and transparent exchange? Whether you are looking to buy your first Bitcoin or hot trending coins, we’ve got you covered! We compiled a list of top Centralized Exchanges (CEXs) for you to choose from that lead in terms of reliability, transparency, and security.
Bitget
Bitget is one of the top crypto exchanges globally which started in 2018. It boasts a reliable and secure platform to safeguard your Bitcoins and other crypto assets. With over 800+ coins to choose from, surely the crypto token that you are looking for is listed in Bitget. With its $400 million Bitget Protection Fund, users need not to worry about their assets being stolen. With industry-leading security and full transparency of asset records that you can track in real time, Bitget offers an efficient and smart trading experience to its users.
Bitget is known for its largest crypto copy trading platform and boasts its platform token, BGB which exceeded far great expectations for the first half of 2024. Aside from #BTC breaking all-time high prices, BGB is also surging past $1.50 (as per the time of writing). Also, Bitget has its own Web3 wallet known as Bitget Wallet which is in a league of its own compared to other wallets out there with safer transactions and competitive prices.
Coins.ph
One of the top cryptocurrency platforms in the Philippines, Coins.ph excels at fusing practicality with quality financial services. Its ability to smoothly combine digital currency with conventional financial operations—enabling users to purchase, sell, and manage cryptocurrencies alongside regular financial activities like bill payments and mobile top-ups—is what makes it admirable. Recently, they introduced PHPC stablecoin which is backed by Fiat, with a target price of 1 PHPC to 1 Philippine Peso. With this release, Coins.ph aims to use it in cross-border money transfers, merchant payments, and trading. Additionally, it places a strong emphasis on security, protecting users’ assets and data through encryption. Coins.ph provides a complete solution that assists both new and seasoned users in understanding the world of cryptocurrencies by bridging the gap between digital money and everyday use.
PDAX
PDAX is a domestic digital asset exchange in the Philippines. You might have seen this in GCash’s crypto platform, as they power GCrypto. They are also UnionBank’s cryptocurrency partner. PDAX maintains its position as one of the top cryptocurrency exchanges based in the Philippines by focusing on user convenience and accessibility. The exchange provides quick trading, and affordable prices using the Philippine Peso, way to go in ensuring ease of access, right? PDAX is a force to be reckoned with as one of the greatest cryptocurrency exchanges for Filipino customers due to its ease of use and simple interface.
Kraken
A well-known cryptocurrency exchange with a wide range of features and strong security measures is Kraken. Kraken, a trading platform that caters to both novice and advanced traders, was founded in 2011 and offers spot trading, futures, and margin trading. Its use of cold storage for cash, frequent security audits, and robust encryption procedures all serve to highlight its emphasis on security. Kraken is well-known in the cryptocurrency trading scene for its dependability, transparency, and user-friendliness. It also offers cheap costs, a wide range of cryptocurrencies, and a user-friendly interface.
Crypto.com
Founded in 2016, Crypto.com is a well-known cryptocurrency platform that provides a variety of financial services, such as trading, staking, and interest-earning on cryptocurrencies. The platform supports a large variety of digital content and has an intuitive user interface. Among its noteworthy products are a native token (CRO), a Visa card with cryptocurrency benefits, and a range of DeFi and NFT services. With features like cold storage and sophisticated encryption, Crypto.com prioritizes security and good user experience.
All in all, no matter what Crypto Exchange you choose, choose one that prioritizes your safety and security.
