Company Information

Get to know PisoPalit

PisoPalit is a Virtual Asset Service Provider (VASP) officially licensed by the Bangko Sentral ng Pilipinas (BSP). The company provides a platform for Filipinos to easily buy, sell, and trade various cryptocurrencies using the Philippine Peso (PHP). In addition to its core exchange services, PisoPalit facilitates crypto-to-fiat conversions, allowing users to cash out funds directly to local banks and e-wallets, and also offers services like bill payments using digital assets. Its mission is to make cryptocurrency accessible and useful for everyday transactions in the Philippines.

Industry

Crypto ExchangePRIMARY
Financial Other Service

Contact

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PisoPalit

Philippines

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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(180 reviews)

Cyprus

2017

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Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.