PH · Philippine Peso

Sell your crypto and get paid in Philippines

The Philippines receive pesos on GCash, a wallet tied to a mobile number. The rail is in beta with us.

Service open
2 reachable rails
1 local rail
PHP

Payout methods usable in Philippines, ranked by delay

The ranking is computed on median settlement. The currency column flags rails that do not settle in local currency: in that case your bank applies its own conversion on arrival.

Payout method	Nature	Currency	p50 / p95	Min – max	Rail fee
Virement international SWIFT	Bank transfer	USD(rail currency)	2 days / 5 days	$500.00 – $1,000,000	$25.00
GCashBeta	E-wallet	PHP	3 min / 1 h	₱100.00 – ₱50,000.00	0.75%

Delays are market orders of magnitude, republished as soon as our own measurements contradict them. They are not a contractual commitment.

What is specific to Philippines

Three things cannot be deduced from any rail: how the beneficiary is designated locally, the reporting framework, and the real operating hours.

Details and name matching

The number must be in international format and the account verified. The verification tier determines the wallet’s annual inbound cap.

Reporting framework

Income from digital asset disposals is reportable to the Bureau of Internal Revenue. We give no tax advice: your account exports every operation for your accountant.

Hours and business days

Virement international SWIFT runs on business days, with a 13:00 cut-off. An order after that goes into the next run, so the next business day — and a Friday afternoon often means Monday.

The country in numbers

All these values are computed from the catalogue published on this site.

Local currency: PHP — Philippine PesoThis is what a local rail settles in. A multi-country rail settles in its own, which the table’s currency column flags.
Fastest rail: Virement international SWIFT2 business day(s) at the median, rail fee $25.00.
Local rails available: 1GCash. Each has its own country page, with the exact identifier format.
Documented corridors: 36Asset x rail combinations usable from this country, across 18 assets accepted on deposit.
Service status: Service openOrders accepted, subject to the identity verification applicable to the amount.
Fastest rail cap: $1,000,000Per operation. A larger amount is split into several payouts, which multiplies any fixed fee accordingly.

Most direct corridors in Philippines

Each corridor page gives the end-to-end time, the exact details to provide and the applicable reporting framework.

Assets you can sell from this country

The list does not depend on the country: the payout method and settlement currency do.

The asset changes two things here: the confirmation time before the payout can leave, and the spread applied. A stablecoin removes market risk during the wait and gets a longer rate lock window; a volatile asset carries a surcharge, which is the price of guaranteeing the announced amount.

Frequently asked questions about payouts in Philippines

How do I get paid in Philippines after selling crypto?

2 payout methods are available for Philippines, the fastest being GCash (under 5 minutes). You pick the rail at quote time, before signing up, and the net amount shows for each one.

Which currency am I paid in for Philippines?

In Philippine Peso on local rails. Some rails settle in another currency: SWIFT settles in dollars, PayPal in euros. In that case your bank applies its own conversion on arrival, a cost that does not go through us and therefore does not appear in our breakdown.

What beneficiary details do I need for Philippines?

The number must be in international format and the account verified. The verification tier determines the wallet’s annual inbound cap.

Do I have to declare this operation in Philippines?

Income from digital asset disposals is reportable to the Bureau of Internal Revenue. We give no tax advice: your account exports every operation for your accountant.

Which assets can I sell from Philippines?

All 18 assets in our catalogue are available: the country determines the payout method and settlement currency, not the list of assets accepted on deposit.