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Country guidePHPHPBSP VASP-licensed

Best crypto decentralised storage in the Philippines

#1 for the PhilippinesFilecoin80 out of 100 ChainChoice Score
Audit receipt#cc-PH-STO-2026.10-bcd33271 Methodology §3affiliate economics did not influence this ranking

Filecoin ranks highest in ChainChoice’s published decentralised storage ranking among the providers that list the Philippines — Proof-based storage marketplace. BSP-licensed Virtual Asset Service Providers (VASPs) required for fiat on/off-ramps. GCash + Maya rails make the Philippines one of the most crypto-accessible developing markets.

RegulatorBSPBangko Sentral ng Pilipinas (BSP) + SEC · Central Bank of the Philippines, and the Securities and Exchange Commission
Currency₱ PHPPhilippine Peso
Payment railsInstaPayPESONet · GCash · Maya · Wire
MiCA statusNot applicableLocal framework
Reviewed Next review by Published Methodology v2026.11.1
How this page is reviewed

Reviewed means every product ranked on this page was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.

Accountable for this review: Mathias Siemonsmeier, Founder.

How we review · Review calendar · Corrections log · How we make money

Direct answer

Which crypto storage network should Philippines residents use in November 2026?

Filecoin ranks highest in ChainChoice’s published decentralised storage ranking among the providers that list the Philippines — Proof-based storage marketplace. The order is the published ranking itself; providers whose terms exclude the Philippines are removed. Check authorisation with BSP before depositing.

Right fit for this list
  • Philippines residents holding capital in PHP
  • Users who need BSP-aligned compliance and audit-grade reporting
  • Buy-and-hold profiles benefiting from the Philippines' tax treatment
  • Sophisticated retail and family-office treasurers
Wrong fit — look elsewhere
  • Derivatives / perpetuals traders (use a regulated futures venue instead)
  • Privacy-focused users avoiding KYC (these are licensed venues)
  • Day-traders chasing the lowest spreads regardless of regulator posture
  • Anyone needing a service BSP does not currently authorise

General guidance for the Philippines: the ranking engine does not compute these notes and they do not change the order below. If none fits you, answer the Find My Best questions for a result for your profile.

7 decentralised storage listed for the Philippines

In ChainChoice’s published ranking order, from this category’s 7 providers: those whose terms exclude the Philippines are removed; naming the Philippines or a region that covers it counts the same, and those whose terms do not state it come last. Each chip names the basis: a dated check, a region listing, or the provider's own claim.

  1. #1 for the PhilippinesFilecoin#1 globallyProvider states broad availability

    Proof-based storage marketplace; Onchain Cloud adds pay-per-epoch warm storage

    Verified cost per TB-year (normalised) — 9/10Durability: contractual or aspirational — 8/10
  2. #2 for the PhilippinesSia#2 globallyProvider states broad availability

    Blockchain-enforced storage contracts between renters and hosts, self-operated

    Verified cost per TB-year (normalised) — 10/10Durability: contractual or aspirational — 7/10
  3. #3 for the PhilippinesStorj#3 globallyProvider states broad availability

    S3-compatible object storage erasure-coded across independent node operators

    Retrieval cost and read path — 8/10Verified cost per TB-year (normalised) — 7/10
  4. #4 for the PhilippinesArweave#4 globallyProvider states broad availability

    One-time-fee blockchain storing data via a token endowment

    What happens when you stop paying (or they do) — 8/10Retrieval cost and read path — 5/10
  5. #5 for the PhilippinesWalrus#5 globallyProvider states broad availability

    Erasure-coded blob storage on Sui, USD-pegged, paid in WAL

    Durability: contractual or aspirational — 6/10Retrieval cost and read path — 6/10
  6. #6 for the PhilippinesPinata#6 globallyProvider states broad availability

    IPFS pinning and gateway service with metered storage and bandwidth

    Verified cost per TB-year (normalised) — 5/10Retrieval cost and read path — 3/10
  7. #7 for the Philippines4EVERLAND#7 globallyProvider states broad availability

    Web3 hosting bundling IPFS pinning, Arweave uploads, gateways and RPC

    Verified cost per TB-year (normalised) — 3/10Retrieval cost and read path — 3/10

Commission: None of these providers pays ChainChoice anything for these links. Disclosure

No referral fee in your country: this link opens the provider’s own site.

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

How you can lose money here, and what the ranking scores
  • Liveness failure: the operator stops, censors you or loses data.
    Scored by Durability: contractual or aspirational · 30% (Filecoin 8/10, Sia 7/10, Storj 5/10)
  • Exit failure: you cannot get out at par, on time, or with what is yours.
    Scored by What happens when you stop paying (or they do) · 20% (Filecoin 6/10, Sia 4/10, Storj 1/10)
Every failure family that applies to this category is scored.
Also scored, as cost, quality or a summary of several families: Verified cost per TB-year (normalised) (30%), Retrieval cost and read path (20%).

Each cell is verified against the provider's filings or the BSP register; a gap shows "—", never an estimate.

Fee, KYC, rails and licence by provider in the Philippines
ProviderTaker fee in the PhilippinesKYC tierPHP railsBSP license
#1Filecoin————
#2Sia————
#3Storj————
#4Arweave————
#5Walrus————

Source: ChainChoice provider catalog cross-referenced with the BSP register; each fee as of its entry's latest verification (accuracy methodology).

Is using a crypto storage network legal in the Philippines?

Yes. Crypto decentralised storage are regulated in the Philippines by Bangko Sentral ng Pilipinas (BSP) + SEC, the Central Bank of the Philippines, and the Securities and Exchange Commission. Always verify a platform's licensing status with BSP before transacting.

How is crypto taxed in the Philippines?

Crypto gains treated as ordinary income, taxed at progressive rates (5-35%). VAT may apply to certain crypto-as-payment transactions. Editorial summary, not tax advice: consult a qualified tax advisor in the Philippines before filing.

What payment methods work for buying crypto in the Philippines?

The most common rails for retail onramps in the Philippines are: InstaPay, PESONet, GCash, Maya, Wire.

Are international platforms (Coinbase, Kraken, Binance) available in the Philippines?

Availability varies by platform and product. The Philippines has its own licensing regime under BSP, and not every global platform is registered. The shortlist above removes platforms whose terms exclude the Philippines; the chip on each row says whether availability is verified, listed or unstated.

Who supervises crypto services in the Philippines

  • BSP · Bangko Sentral ng Pilipinaslicenses or registers crypto services; anti-money-launderingRead on bsp.gov.ph
  • SEC Philippines · Securities and Exchange Commission, Philippineslicenses or registers crypto services; conduct and client protectionRead on sec.gov.ph

Authorities read . Each source is re-read within 180 days, or the build fails.

Country data verifiednot publishedSourceBSP ↗Methodology v2026.11.1
Best crypto decentralised storage — other countries