Philippines model · Model v2.4 · Data as of Aug 20, 2026
Best P2P crypto exchanges in Philippines
We verified 13 exchanges that currently onboard customers in Philippines and support local PHP rails. Binance leads this list: deepest liquidity and near-zero spot fees; regulatory standing varies by market. Scores recalculate whenever fees, licensing or availability change — every field carries its own check date.
Top pick: Binance — 8.6/10. Visit Binance ↗
Weights in this context: Fiat & Payments 21% · Security 16% · Regulation 14% · Liquidity 12% — weights always total 100%.
Some Visit links are affiliate links. They never affect scores or positions — how we make money.
Reviewed by CryptoExID Editorial · Aug 20, 2026 · Editorial policy · how we make money
| Rank | Exchange · why it ranks here | Score | Spot maker / taker | Best for | Visit |
|---|---|---|---|---|---|
| 1 | Binance Deepest liquidity and near-zero spot fees; regulatory standing varies by market | 8.6Security 8.7 · Fees 9.4 · Liquidity 9.9 | 0.1% / 0.1% | Liquidity & fees | Visit ↗ |
| 2 | OKX Best-in-class trading terminal and Web3 stack; US product trails the global app | 8.5Security 8.9 · Fees 9.1 · Liquidity 9.5 | 0.08% / 0.1% | Pro trading tools | Visit ↗ |
| 3 | Bybit Top-tier perpetuals engine and depth; cannot onboard several major Western markets | 8.2Security 8.3 · Fees 9.0 · Liquidity 9.6 | 0.1% / 0.1% | Derivatives | Visit ↗ |
| 4 | Bitget Largest copy-trading network with deep futures books; thin Western licensing | 8.0Security 8.2 · Fees 8.9 · Liquidity 9.0 | 0.1% / 0.1% | Copy trading | Visit ↗ |
| 5 | KuCoin 700+ listed assets — the widest altcoin shelf; US access restricted after settlement | 7.7Security 7.8 · Fees 8.8 · Liquidity 8.8 | 0.1% / 0.1% | Altcoin range | Visit ↗ |
| 6 | MEXC 0% maker fees and huge asset list; weakest licensing among the large venues | 7.5Security 7.4 · Fees 9.7 · Liquidity 8.6 | 0% / 0.05% | Lowest fees | Visit ↗ |
| 7 | Gate.io 1,700+ assets — widest coverage anywhere; licensing depth trails top-tier venues | 7.5Security 7.9 · Fees 8.6 · Liquidity 8.5 | 0.15% / 0.2% | Asset coverage | Visit ↗ |
| 8 | BingX Strong copy-trading and demo tools; licensing depth trails major venues | 7.4Security 7.5 · Fees 8.7 · Liquidity 8.3 | 0.1% / 0.1% | Copy trading | Visit ↗ |
| 9 | HTX Wide emerging-market rails and asset list; weak Western licensing footprint | 7.3Security 7.6 · Fees 8.5 · Liquidity 8.7 | 0.2% / 0.2% | Emerging markets | Visit ↗ |
| 10 | CoinEx Usable without full KYC within limits; books are thin outside majors | 6.9Security 7.2 · Fees 8.8 · Liquidity 7.6 | 0.2% / 0.2% | No-KYC tiers | Visit ↗ |
- 1Binance0.1% / 0.1% · Liquidity & fees8.6out of 10
Deepest liquidity and near-zero spot fees; regulatory standing varies by market
Opens the official siteRead review →
- 2OKX0.08% / 0.1% · Pro trading tools8.5out of 10
Best-in-class trading terminal and Web3 stack; US product trails the global app
Opens the official siteRead review →
- 3Bybit0.1% / 0.1% · Derivatives8.2out of 10
Top-tier perpetuals engine and depth; cannot onboard several major Western markets
Opens the official siteRead review →
- 4Bitget0.1% / 0.1% · Copy trading8.0out of 10
Largest copy-trading network with deep futures books; thin Western licensing
Opens the official siteRead review →
- 5KuCoin0.1% / 0.1% · Altcoin range7.7out of 10
700+ listed assets — the widest altcoin shelf; US access restricted after settlement
Opens the official siteRead review →
- 6MEXC0% / 0.05% · Lowest fees7.5out of 10
0% maker fees and huge asset list; weakest licensing among the large venues
Opens the official siteRead review →
- 7Gate.io0.15% / 0.2% · Asset coverage7.5out of 10
1,700+ assets — widest coverage anywhere; licensing depth trails top-tier venues
Opens the official siteRead review →
- 8BingX0.1% / 0.1% · Copy trading7.4out of 10
Strong copy-trading and demo tools; licensing depth trails major venues
Opens the official siteRead review →
- 9HTX0.2% / 0.2% · Emerging markets7.3out of 10
Wide emerging-market rails and asset list; weak Western licensing footprint
Opens the official siteRead review →
- 10CoinEx0.2% / 0.2% · No-KYC tiers6.9out of 10
Usable without full KYC within limits; books are thin outside majors
Opens the official siteRead review →
Scored but not ranked here
- Coinbase8.8no p2p product
- Kraken8.8no p2p product
- Crypto.com8.5no p2p product
P2P market data
Binance runs the deepest P2P setup in this ranking with 21 supported fiat currencies. All ranked venues escrow the crypto until the fiat leg confirms.
| Exchange · why it ranks here | Fiat currencies | Payment rails | Escrow | KYC | Support |
|---|---|---|---|---|---|
| Binance | 21 | 14 | Yes | Full KYC | 7.4 |
| OKX | 12 | 12 | Yes | Full KYC | 7.9 |
| Bybit | 18 | 10 | Yes | Full KYC | 7.8 |
| Bitget | 16 | 9 | Yes | Full KYC | 7.6 |
| KuCoin | 17 | 8 | Yes | Full KYC | 7.2 |
| MEXC | 14 | 4 | Yes | Tiered | 6.8 |
| Gate.io | 12 | 6 | Yes | Full KYC | 7.0 |
| BingX | 14 | 4 | Yes | Full KYC | 7.1 |
| HTX | 12 | 4 | Yes | Full KYC | 6.9 |
| CoinEx | 7 | 3 | Yes | Tiered | 6.6 |
P2P pricing beats card rails in most emerging markets, but the escrow is the whole game: never release before the money is in your account, keep the chat on-platform, and prefer merchants with a long completed-order history.
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Rankings are computed from verifiable data — fees, security, liquidity, regulation and availability — under model v2.4. How we rank → A score is not a guarantee of safety and nothing here is investment advice.