Binance P2P · USDT/PHP 🇵🇭
The live Binance P2P USDT/Philippine Peso market across 33 payment methods. Cheapest BUY: ₱61.30 · highest SELL: ₱61.46 · spread 0.26%.
Payment methods · Binance USDT/PHP
| # | Payment method | Buy price | Sell price | Buy ads | Sell ads | Activity 24h |
|---|---|---|---|---|---|---|
| 1 | Gcash | ₱61.66 | ₱61.38 | 116 | 123 | 7.2K |
| 2 | GoTymeBank | ₱61.31 | ₱61.38 | 90 | 69 | 4.7K |
| 3 | BANK | ₱61.30 | ₱61.38 | 77 | 80 | 5.0K |
| 4 | Paymaya | ₱61.68 | ₱61.38 | 69 | 71 | 4.1K |
| 5 | BPI | ₱61.72 | ₱61.38 | 46 | 58 | 2.6K |
| 6 | BDO | ₱61.72 | ₱61.38 | 22 | 51 | 1.6K |
| 7 | UBoP | ₱61.71 | ₱61.46 | 23 | 42 | 1.4K |
| 8 | SEAbank | ₱61.55 | ₱61.41 | 19 | 45 | 2.1K |
| 9 | CIMBPHP | ₱61.55 | ₱61.37 | 24 | 34 | 1.0K |
| 10 | Coinsph | ₱61.70 | ₱61.38 | 25 | 25 | 1.3K |
| 11 | RCBC | ₱61.71 | ₱61.38 | 20 | 29 | 908 |
| 12 | MBoP | ₱61.89 | ₱61.38 | 14 | 27 | 413 |
| 13 | SecurityBank | ₱61.80 | ₱61.36 | 17 | 18 | 604 |
| 14 | LoP | ₱61.88 | ₱61.36 | 10 | 23 | 460 |
| 15 | PhilippinesNationalB | ₱61.88 | ₱61.36 | 10 | 18 | 525 |
| 16 | AsiaUnitedBank | ₱61.74 | ₱61.36 | 10 | 14 | 434 |
| 17 | UnionDigitalBank | ₱61.69 | ₱61.36 | 12 | 8 | 514 |
| 18 | ChinaBank | ₱61.74 | ₱61.36 | 8 | 9 | 375 |
| 19 | KomoBank | ₱61.75 | ₱61.37 | 8 | 8 | 367 |
| 20 | UnoBank | ₱61.81 | ₱61.36 | 8 | 6 | 255 |
| 21 | p2plusAPBPI | ₱61.62 | — | 1 | 4 | 47 |
| 22 | ShopeePay | ₱61.98 | — | 3 | 1 | 13 |
| 23 | TonikBank | ₱61.75 | ₱60.00 | 2 | 1 | 268 |
| 24 | p2plusAPGcashQR | ₱61.68 | — | 1 | 1 | 97 |
| 25 | p2plusAlchemyMaya | ₱61.68 | — | 1 | 1 | 80 |
| 26 | Maybank | — | ₱60.50 | 1 | 1 | 30 |
| 27 | p2plusAlchemyPayMaya | ₱61.62 | — | 1 | 1 | 14 |
| 28 | p2plusAPAUB | ₱61.62 | — | 1 | 1 | 72 |
| 29 | p2plusAPAUBQR | ₱61.68 | — | 1 | 1 | 131 |
| 30 | p2plusAPBDO | ₱61.62 | — | 1 | 1 | 42 |
| 31 | p2plusAPBDOQR | ₱61.68 | — | 1 | 1 | 125 |
| 32 | p2plusAPBPIQR | ₱61.68 | — | 1 | 1 | 77 |
| 33 | p2plusAPGcash | ₱61.62 | — | 1 | 1 | 30 |
About Binance USDT/PHP P2P trading
Binance's USDT/PHP market is the live peer-to-peer book for Philippines-based users buying and selling Tether directly via local rails. The current cheapest BUY is ₱61.30 and the highest SELL is ₱61.46, a 0.26% spread across 1.4K active ads. USDT/PHP typically trades ~2% over the official forex rate — PHP/USDT trades 1-3% above PHP/USD interbank; premium reflects merchant spread + remittance-corridor demand from OFW remittances..
Across this market, 33 payment rails are currently quoted. Gcash, GoTymeBank, BANK carry the most ad volume; the table above ranks every active rail by total 24h activity. Deepest liquidity globally across 60+ fiats.
Regulator in Philippines: BSP (Bangko Sentral ng Pilipinas) regulates VASPs under Circular 1108 (2021). SEC registers token issuers. Both legal and active framework; Philippines is a top-tier crypto-friendly jurisdiction.. Tax: BIR (Bureau of Internal Revenue) treats crypto gains as ordinary income under TRAIN Law: 0-35% personal slabs. To trade, open Binance P2P, filter by your preferred rail, and pick a merchant with completion rate ≥98% and order count ≥1,000. Don't include "crypto" or "USDT" in payment notes.
Philippine Peso P2P context
Typical USDT/PHP premium: ~2%. PHP/USDT trades 1-3% above PHP/USD interbank; premium reflects merchant spread + remittance-corridor demand from OFW remittances.
Tax in the Philippines: BIR (Bureau of Internal Revenue) treats crypto gains as ordinary income under TRAIN Law: 0-35% personal slabs. 12% VAT may apply on certain transaction fees.
Regulator: BSP (Bangko Sentral ng Pilipinas) regulates VASPs under Circular 1108 (2021). SEC registers token issuers. Both legal and active framework; Philippines is a top-tier crypto-friendly jurisdiction.
What Binance brings to the PHP market
Deepest liquidity globally across 60+ fiats. Merchant-tier scheme rewards completion rate, order count, and dispute-free history with priority placement. Fastest settlement on majors thanks to the largest merchant pool.
Fees + KYC: 0% maker fee for verified merchants; 0% taker fee on most markets. KYC required (Lite + Full tiers). FIU-IND registered (India), VARA registered (UAE), MiCA-compliant (EU).
Frequently asked questions
What is the live Binance P2P USDT/PHP rate?+
As of the most recent Binance sync, the cheapest BUY price is ₱61.30 and the highest SELL price is ₱61.46 across 33 active payment methods. The full per-payment-method breakdown is in the table above.
What payment methods does Binance support for PHP?+
Binance currently supports 33 active payment methods for USDT/PHP: Gcash, GoTymeBank, BANK, Paymaya, BPI, BDO, plus 27 more. Different rails have slightly different prices because they carry different settlement risk and time costs.
Is USDT/PHP P2P trading legal in the Philippines?+
Yes. BSP (Bangko Sentral ng Pilipinas) regulates Virtual Asset Service Providers under Circular 1108 (2021); SEC handles token-issuer registration. The Philippines is a top-tier crypto-friendly jurisdiction with an active regulatory framework.
Why are GCash and Maya the dominant rails?+
GCash has ~80M users (~70% of Philippine adults) and Maya has another ~50M; together they dominate retail digital payments. P2P merchants overwhelmingly support both because the Philippine bank-account population is much smaller than the e-wallet population.
Is Binance P2P available in my country?+
Binance P2P is available in 100+ countries including India (FIU-IND registered, all features active), the UAE, Russia, Turkey, Nigeria, and the EU under MiCA. The US-restricted access since 2023; Binance.US doesn't offer P2P. Always check the country-availability list in your account settings.
How does Binance P2P merchant tiering work?+
Merchants earn tiered status (Verified Merchant, then promotional tiers) based on 30-day completion rate (≥80%), order count, dispute rate, and KYC level. Higher tiers get priority placement in ad rankings and lower fees. Retail users can become Verified Merchants by application.
How does OpenRate get this Binance PHP data?+
For Binance we crawl their public P2P API every 60 seconds and write merchant-level ad data to our Postgres. The aggregate per-payment-method numbers above are reconciled against p2p.army's TOP1 snapshot every 30 minutes.