Alternatives to Binance for PH users

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It has been 3 months since the initial announcement of the Securities and Exchange Commission (SEC) of the Philippines, and we’re all wondering what’s going to happen to Binance in the Philippines.

Video post of Luis Buenaventura asked Binance about the potential ban in the Philippines.

There have been people who reached out to Binance like Luis Buenaventura in this post. There have been outlets as well that reached out to the SEC like BitPinas in this article. The looming question, well, still looms. Despite the deadline, there still is no certain date for the Binance ban in the Philippines.

BitPinas contacted the SEC representative and got this response.

Everything is okay, until it’s not

In this time of uncertainty, you have to keep your options open and your bags safe hence we give you some alternatives to Binance for PH users. Take note that these are only centralized exchange options and they are not arranged in any ranking.

Coins.ph
Website: https://coins.ph/

GCrypto Website: https://www.gcash.com/services/gcrypto

PDAX (Philippine Digital Asset Exchange) Website: https://pdax.ph/

Maya Website: https://www.maya.ph/crypto

Moneybees Website: https://www.moneybees.ph/ 

There are alternatives to Binance and the options above shows some choices where you can direct your cryptocurrency while Binance and the SEC are still “figuring things out.” Keep your bags safe, everyone!

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DMAP to address digital skills gap, future-proofing workforce at DigiCon 2024

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