Announcing Coins Exchange (CX) Private Beta, the First Digital Currency Exchange in the Philippines
Since 2014, Coins.ph has been making digital financial services more accessible for Filipinos.
Over the past couple of months, we’ve received many requests for lower bitcoin conversion fees, higher limits, and the ability to trade other digital currencies – and we want you to know that we’ve been listening!
The Coins.ph team is excited to announce the forthcoming launch of CX (Coins Exchange), the first order-book digital currency exchange in the Philippines, allowing customers to directly place orders to buy and sell digital currency at real-time market prices.
CX aims to improve customer experience in in several ways:
Better pricing – CX’s order book will allow for the efficient pricing of digital currencies that reflects local supply and demand. Customers will have precise control over when and how they trade, with a variety of order types available to them.
Lower fees – Pay as low as 5 basis points (0.05%) in fees per trade with CX’s tiered fee structure which lowers your fees as you trade more.
Higher limits – Enjoy no restrictions on trading volumes, no restrictions on cash-in volumes, and significantly higher cash-out limits compared to your Coins.ph wallet.
These features in turn will allow us to operate our Coins.ph blockchain services (remittances, blockchain wallet, etc.) at greater efficiency and lower cost to end consumers.
CX is brought to you by the same team that has operated the country’s most trusted mobile wallet service for more than four years. Our goal is to make access to digital currency cheap and fast. Offering a professional-grade order-book will greatly reduce the cost of buying and selling digital currency in the Philippines, driving efficiency and price discovery into the market.
The CX platform is currently on private beta for a small group of Coins.ph customers. However, a waitlist is now open for new customers at cx.coins.asia. Register your contact details there to get updates on when CX is available to the general public. We’re excited to have you onboard soon!
