How to Buy Bitcoin in
Philippines
A guide to purchasing BTC in Philippines under BSP rules, using PHP.
The Best Way: Bitget
Bitget is our pick for Philippines because it supports Bank transfer and offers competitive fees for BTC trades under BSP rules.
Is it legal to buy Bitcoin in Philippines?
Exchanges operating as Virtual Asset Service Providers must hold a BSP license — one of the more established licensing regimes in Southeast Asia.
How to fund your account in PHP
How BTC gains are taxed in Philippines
No crypto-specific capital gains statute exists yet; the BIR applies general income tax rules to trading gains.
Step-by-Step Instructions
Step 1: Register. Go to the Bitget official site and create an account.
Step 2: Verify ID. GCash/Maya-linked accounts already carry BSP-mandated ID verification, which most exchanges reuse.
Step 3: Deposit PHP. Go to the “Wallet” section and select “Deposit”. Choose Bank transfer for the lowest fees.
Step 4: Trade. Search for the pair BTC/PHP (or BTC/USDT) and click “Buy”.
Other Coins in Philippines
Buy Bitcoin Elsewhere
Regulatory information last verified August 2026 — rules change, confirm current status for anything time-sensitive. Not financial or tax advice.
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