Coins.ph Launches CX: The Philippines’ First Digital Currency Exchange

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The Philippines is stepping boldly into the future of finance with the announcement of CX (Coins Exchange), the country’s first dedicated digital currency exchange. Developed by Coins.ph, the nation’s most widely used digital wallet, CX marks a pivotal moment in the evolution of cryptocurrency accessibility and financial inclusion across Southeast Asia.

Designed to meet growing consumer demand for greater flexibility, lower fees, and expanded crypto options, CX is poised to redefine how Filipinos interact with digital assets.

Introducing CX: A New Era for Crypto in the Philippines

After months of anticipation and user feedback, Coins.ph has officially unveiled CX (Coins Exchange) — a full-featured cryptocurrency trading platform built specifically for the Philippine market. Unlike the standard wallet services offered by Coins.ph, CX operates as a dedicated crypto exchange, enabling direct trading between cryptocurrencies and the Philippine Peso (PHP).

This move positions CX as a game-changer for local investors and crypto enthusiasts who have long faced limitations in account caps, transaction costs, and available digital assets.

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Expanded Cryptocurrency Support Beyond Bitcoin

One of the most significant upgrades CX brings is the expansion beyond Bitcoin-only transactions. Previously, Coins.ph users were largely restricted to buying, selling, and storing BTC. With CX, users gain access to a diversified portfolio of major cryptocurrencies, including:

These assets can now be traded directly against PHP through the following crypto-fiat pairs:

This diversification empowers users to explore alternative investment opportunities within the blockchain ecosystem — from smart contract platforms like Ethereum to high-speed payment networks like XRP.

Competitive Trading Fees Designed for All Levels

Cost efficiency has been a core concern for Filipino crypto users, especially those trading in smaller volumes. In response, CX has implemented a tiered trading fee structure that balances affordability with scalability.

For transactions ranging from Php 1 to Php 250,000, CX charges a flat rate of 0.15% per trade — significantly lower than many regional competitors. For larger trades exceeding this threshold, fees drop even further, going as low as 0.05%, rewarding active and high-volume traders.

This competitive pricing model makes CX one of the most accessible exchanges in the region, supporting both casual investors and seasoned traders alike.

Withdrawal Limits Based on Verification Level

Security and compliance are central to CX’s design. To ensure regulatory adherence and protect users, withdrawal limits are dynamically adjusted based on account verification levels.

While exact thresholds have not been fully disclosed, the system follows a standard KYC (Know Your Customer) framework:

This tiered approach ensures that users can scale their activity as they complete verification steps — promoting both safety and financial empowerment.

Currently in Private Beta — Public Launch Imminent

Although CX is not yet open to the general public, it has already entered private beta testing with a select group of Coins.ph users. This phase allows the development team to fine-tune performance, security, and user experience before the official rollout.

There is no confirmed public launch date at this time, but given the progress of the beta program, a full release is expected in the near future.

Additionally, Coins.ph is actively testing Ethereum wallet support within its Android app. Early adopters are already using ETH features, signaling an upcoming official integration that will further expand decentralized finance (DeFi) capabilities for Filipino users.

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Why CX Matters for Financial Inclusion

The Philippines has one of the highest rates of unbanked adults in Asia, yet mobile penetration and remittance inflows remain extremely high. Platforms like Coins.ph and now CX play a crucial role in bridging this gap by offering secure, low-cost financial tools accessible via smartphone.

By combining easy PHP on-ramps with low trading fees and multi-crypto support, CX lowers barriers to entry for millions who may have previously found crypto investing too complex or expensive.

Moreover, with remittances exceeding $35 billion annually, many Filipinos stand to benefit from faster, cheaper cross-border value transfers powered by blockchain technology — use cases that CX is well-positioned to support.

Core Keywords Driving Visibility

To align with search intent and enhance discoverability, the following core keywords have been naturally integrated throughout this article:

These terms reflect what users are actively searching for when exploring crypto platforms in the Philippines.

Frequently Asked Questions (FAQ)

When will CX be available to the public?

CX is currently in private beta testing with select Coins.ph users. While no official public launch date has been announced, the rollout is expected soon based on current progress.

What cryptocurrencies can I trade on CX?

CX supports trading for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and XRP — all paired directly with PHP.

How much are the trading fees on CX?

Trading fees start at 0.15% for transactions between Php 1 and Php 250,000. Larger trades may qualify for reduced rates as low as 0.05%.

Is CX part of Coins.ph?

Yes. CX (Coins Exchange) is developed and operated by Coins.ph as a standalone cryptocurrency exchange platform, designed to complement its existing digital wallet services.

Can I withdraw large amounts from CX?

Withdrawal limits depend on your account’s verification level. Higher verification tiers allow for increased daily withdrawal capacities.

Does CX support Ethereum?

While full Ethereum wallet functionality is still in beta testing within the Coins.ph app, native ETH support is expected to launch officially alongside broader CX availability.

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Final Thoughts

The launch of CX (Coins Exchange) represents a transformative step for digital finance in the Philippines. By offering Filipinos a secure, low-cost, and locally tailored way to trade cryptocurrencies against their national currency, Coins.ph is accelerating adoption and expanding financial access across the archipelago.

As blockchain technology continues to reshape global finance, homegrown platforms like CX demonstrate how innovation can be both globally competitive and locally relevant.