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Coins.ph

2025-08-20T08:11:02Z

Danny510:

Coins.ph

2025-08-16T11:13:26Z

Danny510:

Coins.ph

2025-08-15T10:15:15Z

Danny510: updated for latest leadership

{{Infobox company
| name = coins.ph
| logo = [[Image:Coinsph-logo.png|250px|Coins.ph Logo]]
| foundation = 2013
| using_countries = The Philippines
| location_city = Metro Manila
| location_country = The Philippines
| key_people = Wei Zhou <small>(CEO)</small><ref>https://consensus-hongkong2025.coindesk.com/agenda/speaker/-wei-zhou</ref>, Ding’an Fei <small>(Chairman)</small><ref>https://www.forbes.com/sites/elizabethmacbride/2023/11/21/using-ai-investingcom-aims-to-be-the-bloomberg-of-retail-investing/</ref>

| homepage = [https://coins.ph coins.ph]
}}

'''Coins.ph''' is a [[Bitcoin]]<ref>https://bitcoin.org/en/</ref> exchange platform in the Philippines that believes Bitcoin is for everyone. Founded in 2013, coins.ph accept Bitcoin payments online, from anyone, anywhere- including who don't have access to credit cards or bank accounts. Webiste enable all Filipinos (including 95 million unbanked individuals) to easily and safely buy and sell Bitcoin. It takes as a mission to improve lives of millions through Bitcoin technology.

== Coins.ph in the news ==

{| class="wikitable"
|-
! Date of publication !! News outlet !! Author !! Title/link !! Summary
|-
| <center>5 March 2014</center> || <center>Tech in Asia</center> || <center>Phoebe Magdirila</center> || <center>[http://www.techinasia.com/ron-hose-bitcoin-great-unbanked-people-philippines/ Ron Hose: Bitcoin is great for all the 'unbanked' people in the Philippines]</center> || <center>Ron Hose on Bitcoin as a solution to low banking and credit card penetration in the Philippines</center>
|-
| <center>19 March 2014</center> || <center>e27 || <center>Terence Ng || <center>[http://e27.co/now-you-can-use-bitcoins-to-shop-at-metrodeal-and-cashcashpinoy/ Now you can use Bitcoins to shop at MetroDeal and CashCashPinoy] || <center>MetroDeal and CashCashPinoy to accept Bitcoin through coins.ph payment gateway
|-
| <center>20 March 2014</center> || <center>CoinDesk</center> || <center>Pete Rizzo</center> || <center>[http://www.coindesk.com/asia-bitcoin-payment-launch-major-filipino-merchants/ Bitcoin Payments Startup Coins.ph Launches with Two Major Filipino Merchants]</center> || <center>MetroDeal and CashCashPinoy to accept Bitcoin through coins.ph payment gateway</center>
|-
| <center>20 March 2014</center> || <center>Yahoo! Finance (Singapore)</center> || <center>Phoebe Magdirila</center> || <center>[https://sg.finance.yahoo.com/news/metrodeal-cashcashpinoy-accept-bitcoin-payments-113846274.html 2 Philippine daily deal sites to accept Bitcoin payments via Coins.ph]</center> || <center>MetroDeal and CashCashPinoy announcement (via TechinAsia)</center>
|-
| <center>20 March 2014</center> || <center>CryptoCoinsNews</center> || <center>Drew Cordell</center> || <center>[http://www.cryptocoinsnews.com/news/coins-ph-partners-metrodeal-cashcashpinoy/2014/03/20 Coins.ph partners with MetroDeal and CashCashPinoy]</center> || <center>MetroDeal and CashCashPinoy announcement</center>
|-
| <center>2 April 2014</center> || <center>Money & Tech</center> || <center>Perianne Boring</center> || <center>[http://moneyandtech.com/ron-hose-coinsummit/?lang=fr Ron Hose of Coins.ph @ CoinSummit (Video)]</center> || <center>Ron Hose interviewed at CoinSummit</center>
|-
| <center>N/A</center> || <center>Smart DevNet Blog</center> || <center>Paul Pajo</center> || <center>[https://developer.smart.com.ph/blog/hackathon-report-first-bitcoin-hackathon-asia Hackathon Report: The first Bitcoin Hackathon in Asia]</center> || <center>Recap of the hackathon</center>
|}

==Buy Bitcoin==

=== Philippine Pesos (PHP)===
The website offers different ways to pay the money in exchange of your received Bitcoins:

====Cash deposit====

* BPI - Cash deposit in any BPI office (Bank of the Philippines Islands)
* BDO - Cash deposit in any BDO office (Banco De Oro)
* BPI Express Online - Transfer funds Online

====Mobile money====

* Gcash - Cash transfer using mobile phone with a Globe number

==Sell Bitcoin==

=== Philippine Pesos (PHP)===

Coins.ph offers differents ways to send the money:

====Bank====

* BPI (No fee)
* BPI Family (No fee)
* BDO (No fee)
* China Bank (No fee)
* CITI Bank (No fee)
* EastWest (No fee)
* MayBank (No fee)
* MetroBank (PHP 50)
* Planters Bank (No fee)
* PNB (No fee)
* RCBC (No fee)
* Standard Chartered (No fee)
* Union Bank (No fee)

====Cash pickup====

* Cebuana Lhuillier Pera Padala (PHP 30)
* LBC Peso Padala (PHP 30)

====Mobile money====

*Globe GCash (PHP 10)

==Rate and fees==

The rates are based on the current BTC/USD market rate.

== SEA Market Snapshot ==

* Population: 610 Million
* GDP: 2.1 Trilion (equivalent to Russia)
* Credit Card Penetration: under 5%
Low credit card penetration is cited as the number one obstacle to e-commerce growth is Asia. The majority of sales are completed COD (cash-on-delivery) or with OTC (over the counter) payments, both of which have high customer drop-off rates.

== Ownership and leadership ==
In 2022, Joffre Capital along with Wei Zhou completed its acquisition of Coins.ph, appointing Wei Zhou as Chief Executive Officer and Ding’an Fei as Chairman.<ref>https://www.coins.ph/en-ph/blog/coinsph-acquisition-joffre-capital</ref><ref>https://www.forbes.com/sites/elizabethmacbride/2023/11/21/using-ai-investingcom-aims-to-be-the-bloomberg-of-retail-investing/</ref><ref>{{cite news |title=Coins.ph Integrates Polkadot for Faster Stablecoins Transfers |url=https://fintechnews.ph/67929/crypto/coins-ph-integrates-polkadot-for-faster-stablecoins-transfers/ |work=Fintech News Philippines |date=15 August 2025 |access-date=15 August 2025}}</ref>

==See Also==

* [[Selling bitcoins]]
* [[Buying bitcoins]]

==External Links==

* [http://coins.ph Coins.ph website]
* Coins.ph [https://www.facebook.com/coinsph Facebook Page]
* Coins.ph [http://blog.coins.ph/ Blog]

==References==

<references />

[[Category:Exchanges]]