10 Best Apps for Cryptocurrency Trading in the Philippines 2024 | Coins.PH, Abra Wallet and More

Coins.PH is a Philippine-based, Bangko Sentral ng Pilipinas-regulated company known for its mobile wallet app that allows you to buy and sell Bitcoin locally, as well as other popular cryptocurrencies like Ethereum, Ripple, and Bitcoin Cash. You can buy instantly using your local bank or load up with other mobile apps like Gcash, Paymaya, and JuanCash. 

Cashing in and out is super easy because it supports e-wallets and bank transfers through BDO, BPI, Metrobank, Landbank, and other popular local banks. You may also use over-the-counter and remittance centers like Palawan Pawnshop, Western Union, Tambunting, and Cebuana Lhuiller.  

There are limits and verifications for all users, so it's best to go through the KYC process so you can increase your cash-in/out limits. For example, Level 2 users can deposit and withdraw P50,000 daily if they want to buy Bitcoin. On top of that, Coins.PH also allows you to buy load, pay bills, and top up game credits. 

The Abra wallet allows users to buy, sell, send, receive, borrow, and store cryptocurrencies all in one place. It works like any other digital currency wallet, but what is different is you can invest using their smart contract system, which will allow you to use your current holdings as collateral towards another investment.

Aside from buying and selling, you can also borrow and earn interest from your current crypto assets. So, if you want to hold for long-term and earn interest, you may do so by comparing the annual interest rates, which are definitely higher than the banks' savings interest rates.

If you want to earn Bitcoin, Abra offers an interest rate of 3.15% (APY). However, if you hold Tether USD, you earn 8.00% (APY). For cashing in, you can visit 7-Eleven outlets using CliQQ kiosks, a trusted Abra teller, or the GCash app. When withdrawing funds through a bank ACH transfer, Abra can process it in one to two business days. 

Binance is one of the most popular digital asset exchanges in the world. It is known for its fast transactions and low trading fees, making it a great choice to trade different types of coins and tokens. The platform was created by experienced professionals who wanted to bridge the gap between fiat currency and cryptocurrencies. 

Binance allows users to trade with Bitcoin (BTC). Ethereum (ETH), and Binance Coin (BNB) aside from USD pairs. It has become very popular among professional traders looking for an easy way to buy alt-coins without transferring their funds back into fiat currency first like US dollars. 

It has also expanded its services and has gone beyond its exchange platform. Users can also take advantage of its Binance Pay feature to pay merchants that accept crypto assets. On top of that, you can also stake your cryptocurrencies and hold them for a while to earn annual interest rates. Overall, it's a comprehensive hybrid crypto trading app for novice and professional traders.

Coinbase is an app that allows for the easy purchase, sale, and management of cryptocurrencies. It's beginner-friendly with a clean design, making it easy to get started with an investment portfolio. This app makes it simple to buy or sell Bitcoin, Ethereum, Litecoin, or Bitcoin Cash on both iOS and Android devices.

Coinbase also provides users secure storage of crypto-assets with insurance protection for any digital currency stored on their servers. Around 98% of the cryptocurrencies are kept safe in an offline wallet away from hackers and cybercriminals. The company has built a reputation as one of the safest cryptocurrency exchanges in the world.

When you sign up, you get $5 on your account, and you can use its mobile wallet to track your cryptocurrencies. Coinbase also offers guides for free to educate people about cryptocurrencies, the technologies behind coins and tokens, and the basics of trading. 

Blockfolio by FTX portfolio tracker app is a popular mobile application for traders and investors to track their cryptocurrency portfolios. It provides the user with real-time information on a cost basis, gains/losses, unrealized gains/losses, and more. You may set alerts for specific coins you want to track every time they hit a certain price in the market.

The app has a sleek design that makes it easy to use and a customizable interface so you can tailor it to your needs. Instead of logging in constantly on your exchange, you can easily keep track of your crypto asset in this app. You can also check the changes in prices across different exchanges.

So, if you're an active trader, you won't miss out on any opportunities to buy or sell assets at the best possible time. Blockfolio offers many features that will suit even more experienced traders, such as detailed charts for analyzing price trends and an integrated news feed with major headlines from leading industry publications. 

Crypto.com is a mobile crypto wallet that lets you buy and sell more than 150 cryptocurrencies. There are already 150 million users as of this time of writing, and if you're serious about trading and using crypto as a way to pay merchants or receive payments, then this is for you. 

It offers a Visa card where you can earn up to 8% back on all your spending. You can apply for any of the cards available such as the Ruby, and hold $500 SGD or P18,700 worth of CRO crypto for 180 days to qualify. Otherwise, you can still use a mobile wallet for buying and selling Bitcoin. It doesn't have an annual fee, and you can easily top up using fiat or USD or crypto assets. 

On top of that, you can grow your portfolio by holding the coins. You earn up to 6.5% per annum on cryptocurrencies and up to 12% on stable coins such as Tether USD (TUSD). Use your crypto Visa card on streaming services such as Netflix, Amazon Prime, and Spotify to get rebates. If you're traveling, you can also use the card for your purchases on Airbnb and Expedia. 

The CryptoMarketCap website is an essential resource for anyone interested in learning more about cryptocurrencies and blockchain technology. It's available on iOS and Android devices. It provides an up-to-date list of the top 100 currencies, their current price on any given exchange, and links to all of that currency's social media pages. 

It also allows users to filter based on different types of information like market capitalization, the volume traded over 24 hours, and even charts that you can use for technical analysis. If you're a professional trader or investor, you can track over 16,000 coins and compare all the prices. 

For long-term holders and investors, you can compare the prices of coins in 1 day, 7 days, 1 month, 3 months, or 1 year. There's also a tab to track new releases of coins, the background of the company, and the technology behind the projects. You may also opt-in for the latest news and updates about the crypto market. 

Metamask is a web browser crypto wallet that lets you manage all your cryptocurrencies and tokens from the Ethereum, Binance Smart Chain, and other blockchain networks. It's available as an extension in Chrome, Microsoft Edge, and Safari browsers. You can also download it on your iOS and Android devices for easy tracking of your funds. 

Metamask is servicing millions of active crypto holders, and the great thing about it is that it provides you with a unique set of key phrases, so you're the only one who can access that wallet. If you're actively trading and want to hold a few coins for the short term, you can transfer them to this wallet. 

Your unique keys or seed phrases are encrypted with your password, and there are no KYC or verifications for you to make large transfers. In short, you have complete control of your funds. If you want high anonymity on your cryptocurrencies transactions, this is a must-have for you, whether you're a beginner or a professional trader. 

PDAX is geared towards beginners and active traders who want to buy and sell cryptocurrencies quickly in the Philippines through local banks, mobile app wallets, and remittance centers. You can buy Bitcoin directly in Philippine Peso, as you don't need to worry about the US dollar exchange rate when you use other overseas exchange platforms. 

If you're a newbie, you will benefit from its direct cash-ins through online banking and even the most common mobile wallets like GCash, PayMaya, GrabPay, and CoinsPH. Of course, there are also minimal transaction fees involved when you buy directly. The charges vary as some banks may charge you P10 to 20. 

Imagine, for as low as P200, you can buy your first cryptocurrency. The maximum limit per day is P50,000 if you have gone through the basic KYC. And if you want to increase your cash-in/out limits, you can upgrade to a Premium account. As of this writing, the platform supports 14 coins, such as Bitcoin, Ripple, Litecoin, Ethereum, Compound, and Link, to name a few. 

Telegram might seem off in our list of crypto trading apps, since it's technically a messaging appーbut it's actually one of the most valuable and reliable apps you will ever use if you want to be an active trader! It's available on iOS, Android, Windows, and Mac devices. 

If you're looking for a quick, easy, and free way to communicate with your trading buddies or want to stay up-to-date on the latest news in the cryptocurrency world, then Telegram is the platform for you. Exclusive channels are mostly invite-only, where traders share technical analysis, real-time signals, and price updates. 

You can also join a group where you mostly trade online to get signals on buy and sell orders. Just remember not to share any information about your account or crypto wallet with other users. Of course, anything you buy and sell is at your own risk, so make sure you trust the channel you follow.