Tools / Converter

BTC to PHP: Convert Bitcoin to Philippine Peso

Convert BTC to PHP instantly with live market rates updated every 60 seconds. See the current exchange rate, common conversion amounts, and everything you need to know about converting Bitcoin to Philippine Peso.

BTCBTC
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PHPPHP
1 BTC = ₱5,432,000.00Estimated
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What Is Bitcoin?

Bitcoin is the first and largest cryptocurrency by market capitalization, with a hard supply cap of 21 million coins. New blocks are mined approximately every 10 minutes using SHA-256 proof-of-work consensus. As of early 2026, over 19.8 million BTC have been mined, leaving fewer than 1.2 million to be created over the next century.

  • Fixed supply: 21 million coins maximum
  • Block time: ~10 minutes
  • Consensus: proof-of-work (SHA-256)
  • Launched January 3, 2009
  • Smallest unit: 1 satoshi (0.00000001 BTC)

Bitcoin and the Philippine Peso (Philippines)

The Bangko Sentral ng Pilipinas (BSP) regulates crypto exchanges as Virtual Currency Exchanges under Circular 944. The Philippines has high crypto adoption driven by overseas remittances and the play-to-earn gaming ecosystem. Coins.ph is the largest local platform with over 18 million users.

The BTC/PHP exchange rate fluctuates based on global supply and demand across cryptocurrency exchanges. Major exchanges operating in Philippines include both international platforms and local providers. When converting BTC to PHP, consider exchange fees (typically 0.1%-1.5%), withdrawal fees, and any spread between the quoted rate and the actual execution price.

How to Convert BTC to PHP

There are several ways to convert Bitcoin to Philippine Peso:

  1. Centralized exchange: create an account on an exchange available in Philippines, deposit your BTC, sell for PHP, and withdraw to your bank account
  2. Peer-to-peer marketplace: sell directly to another person using a P2P platform that supports PHP payment methods
  3. Crypto debit card: spend your BTC directly using a crypto-linked card that automatically converts to PHP at point of sale

Frequently Asked Questions

How much is 1 BTC in PHP?

The current BTC to PHP rate is shown in the converter above and updates every 60 seconds from live market data. Cryptocurrency prices fluctuate 24/7 across global exchanges, so the rate changes continuously.

How do I sell Bitcoin for Philippine Peso?

The most common way is through a cryptocurrency exchange that supports PHP withdrawals. Create an account, complete identity verification (KYC), deposit your BTC, sell it, and withdraw PHP to your bank account. Processing times vary: some exchanges offer instant withdrawals, while bank transfers can take 1-3 business days.

What fees are involved in converting BTC to PHP?

Typical fees include: exchange trading fees (0.1%-1.5% per trade), network transaction fees for depositing BTC (varies by blockchain and congestion), and withdrawal fees for sending PHP to your bank. Comparing fee structures across exchanges before converting can save you a significant amount on larger conversions.

The Bangko Sentral ng Pilipinas (BSP) regulates crypto exchanges as Virtual Currency Exchanges under Circular 944. The Philippines has high crypto adoption driven by overseas remittances and the play-to-earn gaming ecosystem. Coins.ph is the largest local platform with over 18 million users. Always consult local regulations and a tax professional for your specific situation, as crypto tax treatment and reporting requirements vary by jurisdiction.

How often does the exchange rate update?

The converter above fetches live rates from CoinGecko and Coinbase every 60 seconds. The actual rate you receive when converting will depend on the exchange or service you use, the size of your order, and current market liquidity. For large conversions, consider using limit orders to avoid slippage.

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