MEXC P2P · USDT/PHP 🇵🇭
The live MEXC P2P USDT/Philippine Peso market across 31 payment methods. Cheapest BUY: ₱61.50 · highest SELL: ₱61.63 · spread 0.21%.
Payment methods · MEXC USDT/PHP
| # | Payment method | Buy price | Sell price | Buy ads | Sell ads | Activity 24h |
|---|---|---|---|---|---|---|
| 1 | Gcash | ₱61.50 | ₱56.64 | 28 | 78 | 1.7K |
| 2 | Bank Transfer (PH) | ₱61.63 | ₱56.64 | 24 | 63 | 868 |
| 3 | GoTyme Bank | ₱61.50 | ₱56.64 | 24 | 63 | 1.1K |
| 4 | Maya | ₱61.50 | ₱56.64 | 23 | 61 | 1.0K |
| 5 | Bank of the Philippine Islands (BPI) | ₱62.87 | ₱56.64 | 13 | 56 | 548 |
| 6 | SEA Bank | ₱61.65 | ₱61.46 | 6 | 33 | 267 |
| 7 | Coins.ph | ₱61.50 | ₱61.43 | 10 | 29 | 454 |
| 8 | CIMB Philippines | ₱61.80 | ₱61.63 | 6 | 32 | 323 |
| 9 | Banco De Oro (BDO) | ₱61.50 | ₱61.46 | 6 | 31 | 300 |
| 10 | UnionBank of the Philippines | ₱61.50 | ₱61.46 | 7 | 24 | 430 |
| 11 | MariBank | ₱63.72 | ₱61.46 | 6 | 17 | 395 |
| 12 | Rizal Commercial Banking Corporation | ₱61.50 | ₱61.31 | 4 | 10 | 303 |
| 13 | OwnBank | ₱61.65 | ₱61.62 | 4 | 9 | 138 |
| 14 | Philippine National Bank (PNB) | ₱62.40 | ₱61.63 | 2 | 10 | 127 |
| 15 | China Bank | ₱61.81 | ₱61.31 | 1 | 7 | 93 |
| 16 | Security Bank | ₱62.40 | ₱61.41 | 1 | 7 | 108 |
| 17 | Komo Bank | ₱61.80 | ₱61.46 | 1 | 7 | 119 |
| 18 | Union Digital Bank (UBEH bank) | ₱63.37 | ₱61.30 | 2 | 5 | 110 |
| 19 | Landbank of the Philippines | ₱61.81 | ₱61.45 | 1 | 6 | 100 |
| 20 | Uno Bank | — | ₱61.31 | 1 | 6 | 40 |
| 21 | Tonik Digital Bank | ₱61.81 | ₱60.67 | 3 | 2 | 104 |
| 22 | Netbank Mobile | — | ₱61.31 | 1 | 2 | 24 |
| 23 | Uno Digital Bank | — | ₱61.25 | 1 | 2 | 44 |
| 24 | eCebuana | — | ₱47.08 | 1 | 1 | 26 |
| 25 | PalawanPay | ₱63.72 | — | 1 | — | 49 |
| 26 | PSBank | — | ₱47.08 | — | 1 | 1 |
| 27 | Metrobank | — | ₱47.08 | — | 1 | 1 |
| 28 | GrabPay | — | ₱47.08 | — | 1 | 1 |
| 29 | East West Bank | — | ₱47.08 | — | 1 | 1 |
| 30 | Cash | — | ₱61.30 | — | 1 | 1 |
| 31 | Asia United Bank | — | ₱47.08 | — | 1 | 1 |
About MEXC USDT/PHP P2P trading
MEXC'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 ₱61.50 and the highest SELL is ₱61.63, a 0.21% spread across 744 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, 31 payment rails are currently quoted. Gcash, Bank Transfer (PH), GoTyme Bank carry the most ad volume; the table above ranks every active rail by total 24h activity. Tertiary pricing reference for cross-exchange arbitrage.
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 MEXC 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 MEXC brings to the PHP market
Tertiary pricing reference for cross-exchange arbitrage. 0% trading fees. Decent INR/RUB coverage for retail-size trades.
Fees + KYC: 0% trading fees on most P2P markets. KYC required above unverified limits. Operates from Seychelles.
Frequently asked questions
What is the live MEXC P2P USDT/PHP rate?+
As of the most recent MEXC sync, the cheapest BUY price is ₱61.50 and the highest SELL price is ₱61.63 across 31 active payment methods. The full per-payment-method breakdown is in the table above.
What payment methods does MEXC support for PHP?+
MEXC currently supports 31 active payment methods for USDT/PHP: Gcash, Bank Transfer (PH), GoTyme Bank, Maya, Bank of the Philippine Islands (BPI), SEA Bank, plus 25 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 MEXC P2P liquid enough for serious trading?+
Not for size. MEXC's P2P market is shallow compared to Binance, Bybit, and OKX — sufficient for retail trades up to ~$10-50K depending on fiat, rarely deep enough for $100K+ orders. Useful as a tertiary price reference rather than a primary venue.
How does OpenRate get this MEXC PHP data?+
For MEXC we sync p2p.army's TOP1 PHP snapshot every 30 minutes — they aggregate the per-payment-method table directly from MEXC's public site. We don't currently crawl MEXC's P2P API ourselves.