Coins.ph tightens FX spreads to 2 BPS, challenging banks
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Homepage > News > Business > Coins.ph tightens FX spreads to 2 BPS, challenging banks with institutional-grade infrastructure Coins.ph, the Philippines’ most established digital asset platform, is strengthening its positioning as a major foreign exchange competitor, directly challenging traditional banks by leveraging its full regulatory status under the Bangko Sentral ng Pilipinas (BSP). The cornerstone of this strategic move is a new, institutional-grade offer of just 2 basis points (2 bps) or 0.02% super tight spreads across all major G10 currency trading pairs, including the frequently traded USD/PHP, USD/EUR, and USD/JPY. This competitive rate is superior to the 10 bps spreads offered by most major Philippine banks for institutional clients, and the 80-90 bps offer for retail clients. Unrestricted capacity for major fund movementsCoins.ph is explicitly targeting the corporate and institutional sector, catering to the largest forex needs with no maximum limit on transactions, thus providing the necessary capacity for major corporate or institutional fund movements. For corporate finance desks, the cost implications are massive. The 0.02% spread translates into tangible savings on trades, especially when considering the minimum trading requirement of $20,000 USD for forex transactions. This efficiency is critical for quarterly treasury management, global supply chains, and cross-border payment operations. The platform provides the necessary liquidity and market access to manage exposure across the world’s most traded G10 currencies efficiently and cost-effectively. Institutional-grade liquidity and risk managementCoins.ph’s ability to offer these aggressive spreads is underpinned by its technological and operational efficiencies, particularly in settlement speed and risk management. Unlike traditional bank systems where transactions can take days to finalize, Coins.ph offers near-instant settlement, ensuring that institutional funds are available immediately after the execution of the trade. This eliminates liquidity delays and greatly reduces market risk exposure for high-volume corporate treasury operations. To maintain market stability and protect against…
Filed under: News - @ December 22, 2025 4:03 am