Cash In/Cash Out Limits of Crypto Exchanges/Wallets in the Philippines

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Daily/Monthly/Annual Transaction/Cash In/Cash Out Limits of Crypto Exchanges/Wallets in the Philippines

These limits are in compliance with the rules set up by the Bangko Sentral ng Pilipinas (BSP) and in compliance with Philippine laws.

October 7, 2019 – Last week, we reported about the Cash In and Cash Out Options of crypto exchanges and wallets in the Philippines. We found out that most of them allow a user to top up their crypto wallets via convenience stores and pawnshops.

However, it doesn’t mean you can top up (put money) to your crypto wallet with whatever amount you like. There are limits. These limits are based on the amount of personal information you shared with the crypto wallet company. More importantly, these limits comply with the rules set up by the Bangko Sentral ng Pilipinas (BSP) and in compliance with Philippine laws. Kindly read the following articles before proceeding with this article:

  • What is KYC
  • What is AML

Note that this article does not include transaction limits for Bitcoin OTCs and Bitcoin ATMs... see more for yourself here!