BingX P2P · USDT/PHP 🇵🇭
The live BingX P2P USDT/Philippine Peso market across 27 payment methods. Cheapest BUY: ₱62.39 · highest SELL: ₱61.56 · spread -1.33%.
Payment methods · BingX USDT/PHP
| # | Payment method | Buy price | Sell price | Buy ads | Sell ads | Activity 24h |
|---|---|---|---|---|---|---|
| 1 | Gcash | ₱62.39 | ₱61.56 | 7 | 51 | 226 |
| 2 | GoTyme Bank | ₱62.75 | ₱61.56 | 4 | 41 | 160 |
| 3 | UnionBank of the Philippines | ₱62.39 | ₱61.55 | 3 | 30 | 85 |
| 4 | Bank of the Philippine Islands (BPI) | ₱62.39 | ₱61.33 | 4 | 27 | 94 |
| 5 | Maya | ₱62.39 | ₱61.56 | 6 | 22 | 193 |
| 6 | CIMB Philippines | ₱79.86 | ₱61.33 | 1 | 26 | 56 |
| 7 | Sea Bank | — | ₱61.56 | 9 | 17 | 51 |
| 8 | Bank Transfer | ₱79.85 | ₱60.47 | 6 | 17 | 170 |
| 9 | Banco De Oro (BDO) | ₱62.75 | ₱61.33 | 2 | 12 | 67 |
| 10 | Philippines National Bank (PNB) | — | ₱54.40 | 9 | 4 | 13 |
| 11 | ING | — | ₱61.25 | 9 | 3 | 12 |
| 12 | China Bank | — | ₱61.32 | 9 | 3 | 12 |
| 13 | Asia United Bank | — | ₱60.67 | 9 | 2 | 11 |
| 14 | LINE Pay | — | ₱49.11 | 9 | 1 | 10 |
| 15 | Komo Bank | — | ₱44.79 | 9 | 1 | 10 |
| 16 | Payeer | — | ₱44.00 | 9 | 1 | 10 |
| 17 | ShopeePay-SEA | — | ₱53.00 | 9 | 1 | 10 |
| 18 | Union Digital Bank | — | ₱44.44 | 9 | 1 | 10 |
| 19 | Bank Card | — | ₱54.50 | 9 | 1 | 10 |
| 20 | Maybank | — | ₱61.00 | 8 | 1 | 10 |
| 21 | Security Bank | ₱79.86 | ₱61.33 | 1 | 7 | 8 |
| 22 | Metropolitan Bank of the Philippines | ₱79.86 | ₱61.32 | 1 | 6 | 7 |
| 23 | Rizal Commercial Banking Corporation | ₱79.86 | ₱60.67 | 1 | 4 | 5 |
| 24 | Tonik Bank | ₱79.86 | ₱48.38 | 1 | 3 | 4 |
| 25 | Coins.ph | ₱79.85 | ₱60.10 | 1 | 3 | 4 |
| 26 | Landbank of the Philippines | ₱79.85 | ₱61.32 | 1 | 3 | 4 |
| 27 | InstaPay | ₱79.85 | ₱48.38 | 1 | 2 | 3 |
About BingX USDT/PHP P2P trading
BingX'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 ₱62.39 and the highest SELL is ₱61.56, a -1.33% spread across 437 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, 27 payment rails are currently quoted. Gcash, GoTyme Bank, UnionBank of the Philippines carry the most ad volume; the table above ranks every active rail by total 24h activity. Aggressive promotional spreads from merchants building reputation — cheapest BUY price often appears here during promotion windows.
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 BingX 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 BingX brings to the PHP market
Aggressive promotional spreads from merchants building reputation — cheapest BUY price often appears here during promotion windows. 0% trading fees.
Fees + KYC: 0% trading fees on most P2P markets. KYC required above unverified limits.
Frequently asked questions
What is the live BingX P2P USDT/PHP rate?+
As of the most recent BingX sync, the cheapest BUY price is ₱62.39 and the highest SELL price is ₱61.56 across 27 active payment methods. The full per-payment-method breakdown is in the table above.
What payment methods does BingX support for PHP?+
BingX currently supports 27 active payment methods for USDT/PHP: Gcash, GoTyme Bank, UnionBank of the Philippines, Bank of the Philippine Islands (BPI), Maya, CIMB Philippines, plus 21 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.
Why does BingX P2P sometimes have the cheapest BUY price?+
BingX is a newer entrant and merchants compete aggressively to win volume — promotional spreads regularly undercut larger venues by 0.2-0.5%. The trade-off is smaller liquidity, so the cheap price might only support a single retail-sized order before the next-best ad.
How does OpenRate get this BingX PHP data?+
For BingX we sync p2p.army's TOP1 PHP snapshot every 30 minutes — they aggregate the per-payment-method table directly from BingX's public site. We don't currently crawl BingX's P2P API ourselves.