#1. Binance Crypto Exchange (Best Overall)

Binance is the #1 crypto exchange in the Philippines, and is the largest in the world, based on trading volume. Binance offers a huge range of 600+ coins, which means that you will definitely find something that you want to invest in. Some other exchanges have a small range, and it is frustrating when you want to buy a new coin that you hear has potential, and it's not supported.

Binance also boasts the lowest trading fees in the Philippines. Each trade is only 0.1%, and this can be reduced simply by paying with Binance's own coin, BNB (which can be  easily purchased on the platform). This entitles users to a 25% discount, making each trade only 0.075%! This gives you more money to invest in crypto, instead of being wasted on fees. If you compare 0.075% to Kraken's instant buy fees of 1.5%, you can see that you are spending 20x as much on fees with Kraken!

Binance offers basic instant buy/sell functionality for complete beginners, as well as spot trading. If you are more experienced, you will enjoy the advanced features available, such as futures, margin trading, crypto lending, NFT marketplace, and P2P marketplace.

One criticism that we hear from Filipino users is that Binance lacks customer support. If you have any issues with your account, there is no email or live chat. However, you can use the automated bot which can assist with the most frequently encountered issues.

Related articles: Binance vs KuCoin, Binance vs Bitget, Binance vs Kraken, Binance review

#2. KuCoin Crypto Trading Platform (Best for Serious Traders)

KuCoin is our recommended cryptocurrency site for those who have experience with trading. It is not ideal for beginners because there are no fiat withdrawals accepted on KuCoin. This means you cannot sell your crypto and withdraw money into your bank account because KuCoin is built for trading between cryptocurrencies.

There are over 700+ different coins on offer to trade, and there is even an automated trading bot that you can use to conduct transactions for you at all times of the day. Like Binance, there are also many additional trading markets, such as margin trading, futures trading, and P2P marketplace.

KuCoin has low trading fees of 0.1%, which can be reduced by 20% if you pay using their native coin (KCS), making it a very competitive 0.08%. Frequent traders will enjoy seeing their savings stack up, since the fees are much lower than Kraken when trading on the market. Kraken charges 0.16/0.26% for makers and takers, which is 2x KuCoin's fee for makers, and more than 3x for takers.

Related articles: KuCoin vs Binance, KuCoin vs Kraken, KuCoin review

#3. Kraken Cryptocurrency Exchange (Best for Beginners)

Kraken has a very simple and easy to use interface, as well as 24/7 live chat support in case you run into any troubles. This makes it the ideal exchange for beginners that want to get started with investing in cryptocurrencies. You don't have to worry about getting lost among confusing charts when you have a basic layout, and the customer support available at all times.

Kraken offers 200 coins, and while it isn't as impressive a collection as Binance or KuCoin, it is still a decent range for those that are just getting started. Beginners will find all the popular coins that they have heard of, such as BTC, ETH, ADA, LTC and SOL.

Kraken has a fee of 1.5% for those who want a simple buy or sell option, direct from the exchange. If you prefer to spot trade on the market, the fees are considerably lower, at 0.16% for makers, and 0.26% for takers. While the fees aren't as low as Binance or KuCoin, Kraken makes up for it with the user-friendliness and round-the-clock live chat support.

Staking is also supported on Kraken, where you can earn interest on a select number of cryptocurrencies. This means that you can buy crypto, then watch it grow as you invest in the long term. It is a great way to increase your holdings without having to do anything.

Related articles: Kraken vs Binance, Kraken vs KuCoin, Kraken review

#4. Crypto.com App (Best for Staking)

Crypto.com is the perfect cryptocurrency app for your mobile. It is intuitive and offers more than 250+ different coins, with the option to earn interest by staking more than 40+ coins. The interest can go as high as 14.5%, and this varies depending on several factors, such as the coin you choose, how long you choose to stake for, and whether you have staked any of Crypto.com's native coin (CRO). 

Cronos, or CRO is available to purchase on the app, and it has some excellent benefits that make it worth staking. When you stake CRO on the mobile app, you receive up to 12% APR, a premium metal Visa card, where you receive up to 5% cashback on purchases (paid in CRO), rebates on subscriptions (Netflix, Spotify) and bookings (Expedia, Airbnb), and higher APR in Crypto Credit and Crypto Earn.

The app is straightforward to use, for buying and selling cryptocurrencies, and the fees are included in the spread. There is no additional commission taken, so the price you see on the coin is the exact price you pay. Of course, you must remember that the spreads will be wider than on other crypto exchanges, to make up for the fact they don't charge an additional fee. If you are unaware of this term, the spread is the difference between the buy and sell price for any given coin.

If you run into any issues, you always have the live chat support to help you, and if they are all busy, they will reply to you via email, usually within a few hours.

#5. Bitget Crypto Exchange (Best for Frequent Traders)

Bitget is another top cryptocurrency exchange in the Philippines, particularly for those who like to trade frequently. It has low trading fees (0.1% for spot trading, and 0.02/0.06% for futures), more than 450+ coins, and many advanced features.

Experienced traders will enjoy the huge range of markets available, with the option to trade spot or futures, or use the Copy Trade feature to benefit from the experience of other users. With copy trading, you simply select a successful trader to follow, and then Bitget will automatically place the exact same order for you whenever a trade is made. This saves you time, as you don't need to research the best coins to trade, and also means you can stay on top of market volatility even when you are sleeping.

Bitget has developed Bitget Academy, which is a section of their website that explains everything about the exchange. This is perfect for newcomers to crypto, as you can quickly learn about the various features, and how to use the trading interface. You will also be able to stay up to date with the latest cryptocurrency news. 

Visit Bitget's official website to see for yourself everything that is on offer. You can also read more about it in our in-depth review.

Related articles:  Bitget vs Binance, Bitget review

#6. PDAX Crypto Platform (Best Filipino Exchange)

PDAX is the best option for those who are looking for a local crypto exchange. It is regulated by BSP, unlike the global crypto platforms, and allows direct purchase of crypto using PHP. 

The downside is that PDAX is a very basic platform, and only offers 14 coins at the time of writing. The fees are also higher than the top exchanges, with maker fees of 0.4% and taker fees of 0.5%. It is a suitable exchange for beginners, but I would suggest Kraken as a better alternative for newcomers, due to a larger range of 200+ coins, and higher levels of security.