Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
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Leveraging its full regulatory status under the Bangko Sentral ng Pilipinas (BSP), fintech firm Coins.ph has unveiled an institutional-grade foreign exchange (forex) service featuring ultra-tight spreads of just two basis points (BPS) or 0.02% across major G10 currency pairs.
This strategic move positions Coins.ph as a direct competitor to traditional banks, offering superior rates on trading pairs such as USD/PHP, USD/EUR, and USD/JPY.
Coins.ph’s New Forex Offering
In a press release to BitPinas, Coins.ph highlighted that its 2 BPS (0.02%) offering significantly undercuts current market rates. By comparison, Philippine banks typically offer spreads of 10 BPS to institutional clients and roughly 80 BPS to retail clients.
According to Coins.ph CEO Wei Zhou, this competitive pricing is made possible by the company’s “regulated agility.” Coins.ph holds multiple BSP license — specifically for Foreign Exchange (FX), Remittance and Transfer, and Money Changing (MC) — which have transformed the platform from a consumer-centric app into a fully regulated institutional partner.
“We are not just participating in the financial world; we are operating within the highest standards of compliance.
By offering a 2 basis points spread on G10 pairs, we are leveraging that regulated agility to directly deliver institutional-grade cost efficiency. This move is a clear affirmation of our commitment to providing the deepest liquidity and most competitive pricing, solidifying Coins.ph’s position as the most trusted and versatile financial bridge in the region.”
Wei Zhou, Chief Executive Officer, Coins.ph
Key Features
- Near-Instant Settlement: This feature eliminates liquidity delays and significantly reduces market risk exposure for high-volume corporate treasuries.
- Next-Business Day Spot Hedging Capability: This allows firms to manage inventory risk and lock in future exchange rates, ensuring stability in volatile markets.
- High-Capacity Trading:
- Target Audience: Corporate and institutional sectors.
- Minimum Trade: $20,000 USD.
- Transaction Limit: No maximum limit, facilitating major fund movements.
“Coins.ph’s ability to offer these aggressive spreads is underpinned by its technological and operational efficiencies, particularly in settlement speed and risk management.
The platform provides the necessary liquidity and market access to manage exposure across the world’s most traded G10 currencies efficiently and cost-effectively.”
Wei Zhou, Chief Executive Officer, Coins.ph
Coins.ph Recent News
This forex launch complements Coins.ph’s aggressive expansion into stablecoin-powered remittances and blockchain infrastructure in the final quarter of the year.
- Before the end of 2025, the firm expanded its infrastructure to leverage stablecoins for faster, cheaper cross-border payments, notably partnering with BCRemit to offer services at 80% lower costs for Overseas Filipino Workers (OFWs).
- In November, Coins.ph signed a memorandum of understanding with Vietnam’s Best Way Corporation to streamline payment flows between the Philippines and Vietnam.
- The firm recently joined the Arc public testnet, an enterprise-grade Layer-1 blockchain by USDC issuer Circle, designed for stablecoin settlement and tokenized markets.
This article is published on BitPinas: Coins.ph Launches Institutional Forex Trading with Ultra-Low 0.02% Spreads
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