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Manila Bulletin devider Technews devider Coins.ph preps during the crypto bull run as Filipinos flock back

Coins.ph preps during the crypto bull run as Filipinos flock back

Published Dec 4, 2024 07:01 am
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If you've been keeping a close eye on cryptocurrency, you'll notice that things are starting to look better again. 

According to Coins.ph, this November, when Bitcoin's price took a big leap into new all-time highs, their platform has shattered records as trading volume skyrocketed. 

Riding on Bitcoin’s historic surge to new all-time highs, Filipinos are returning to the crypto market in droves, and Coins.ph is leading the charge with its unrivaled features, ease of use, and commitment to financial empowerment.

With seamless peso-to-crypto transactions, easy cash in and out powered by Instapay and PESONet, an extensive range of PHP trading pairs - now at over 120, and beginner friendly swaps between peso and crypto, Coins.ph has redefined convenience and access for crypto traders in the Philippines. 

As the only BSP licensed exchange offering various trading products such as spot and convert, and deep integration with the local financial ecosystem, Coins.ph continues to set the benchmark for crypto platforms in the country.

November marks a turning point for Coins.ph as the company reaches its strongest financial position ever, bolstered by record-breaking growth and its steadfast commitment to innovation. Beyond the Philippines, Coins.ph is charting a path to global dominance. Next week, the exchange’s global platform Coins.xyz will officially launch in Australia, followed by an entry into the Brazilian market next month, signaling its evolution into a world-class crypto powerhouse.

“Coins.ph has become synonymous with trust, innovation, and excellence. As Bitcoin makes headlines worldwide, we are proud to provide Filipinos with the best platform to capitalize on this historic moment,” said Wei Zhou, CEO of Coins.ph. “I want to congratulate our users who bought and hodled Bitcoin on Coins.ph since 2016. You are true pioneers in this space, and we will continue to support more users on their Bitcoin journey,” Zhou added. 

Unlike offshore exchanges which have come under scrutiny recently, Coins.ph operates under the oversight of the Bangko Sentral ng Pilipinas (BSP), ensuring full regulatory compliance. All customer funds are backed 1:1 in cold wallets, offering unparalleled security and trust. This solid foundation has earned Coins.ph its reputation as the Philippines’ most trusted and reliable exchange.

This year, Coins.ph launched the Philippine Peso stablecoin (PHPC), a fully-backed digital asset that bridges traditional finance and crypto. PHPC is revolutionizing cross-border transactions and more, paving the way for faster, more cost-efficient solutions for businesses and individuals alike.

But Coins.ph isn’t stopping there. With new product launches and expanded services on the horizon, the company is set to redefine what’s possible in the crypto and financial sectors, unlocking even more revenue streams for the company and earning opportunities for its users.

As Bitcoin smashes records, Filipinos are choosing Coins.ph as their trusted partner in navigating the exciting world of crypto. With the best peso-to-crypto features, global expansion underway, and cutting-edge innovations like PHPC, Coins.ph is not only the leader in the Philippines but a rising global contender.

Coins.ph isn’t just keeping up with the crypto revolution—it’s driving it and taking the Philippines along for the journey. 

“We are taking the Coins.ph experience to the world showing the best of what the Philippines has to offer. With a strong capital position to expand globally, and historic growth locally we are well positioned to be a leader not just here in the Philippines, but internationally as well,” said Zhou.

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