Start Bitcoin Trading on Exness in the Philippines

Opening Your Account: What You’ll Need

Jumping into Bitcoin trading on Exness starts with setting up your account, which is pretty straightforward but requires some specific steps. Since you’re trading from the Philippines, you’ll need to provide valid local IDs like your PhilID, Driver’s License, or Passport. From our experience, having a Philippine mobile number is essential because that’s how you’ll receive your verification codes — international numbers don’t always work smoothly.

When registering, make sure your personal details exactly match your ID info. It might seem tedious, but it saves a lot of headaches later on.

How to Get Through Verification Without Stress

Verification can feel like a hurdle, but it’s there to protect you. Here’s the lowdown on what you’ll do:

• Take a clear photo of your chosen ID — no blurs or glare
• Snap a selfie holding your ID next to your face
• Sometimes, you might be asked for a recent utility bill or bank statement

If your account requires it, a quick video call might follow. It’s just a short chat to confirm everything’s legit. From our platform’s side, it usually takes 1-3 business days to complete verification — faster if your documents are perfect.

Funding Your Account: What Works in the Philippines

Once you’re verified, it’s time to fund your account. You’ll find several ways to deposit money, all suited for Filipino users. Bank transfers through BPI, BDO, or Metrobank are standard but take a couple of days. If you want speed, e-wallets like GCash and PayMaya are solid choices — deposits show up instantly.

For those comfortable with crypto, direct deposits in Bitcoin, Ethereum, or USDT are also available.

Navigating Bitcoin Trading Features on Our Platform

Bitcoin trading on Exness isn’t one-size-fits-all. You can trade Bitcoin CFDs if you want to speculate on price changes without owning the coins, or go for spot trading if you want to actually hold Bitcoin. There are also Bitcoin currency pairs like BTC/USD or BTC/EUR for more options.

Our platform’s interface is built to keep things clear. You’ll see live prices in Market Watch, place orders in the Trading Terminal, track your balance in Account Summary, and analyze charts with various tools.

Order Types You’ll Use Regularly

When trading Bitcoin, it helps to know your orders:

• Market Orders: Buy or sell instantly at the current price.
• Limit Orders: Set a target price to buy or sell only when reached.
• Stop Orders: Automatically close positions to limit losses.

Plus, our platform offers handy tools like Take Profit, Stop Loss, and Trailing Stop orders to help manage your trades without watching the screen constantly.

Managing Risk When Trading Bitcoin

Bitcoin’s volatility means risk management isn’t optional — it’s essential. You control risk through:

• Choosing your lot size carefully
• Adjusting leverage (but remember, more leverage means more risk)
• Keeping an eye on margin requirements

Our platform also protects you with features like negative balance protection, margin call alerts, and automatic position closures. They’re designed to keep you from losing more than you can afford.

When to Trade: Market Hours and Timing

Unlike forex or stocks, Bitcoin trades nonstop, 24/7. That’s great because you can jump in anytime, but it also means you need to be mindful of Philippine time and market activity.

Typically, you’ll see higher volatility and more opportunities during these Philippine Time windows:

• 9:00 PM to 1:00 AM (US market overlaps)
• 9:00 AM to 12:00 PM (European session)
• 2:00 PM to 6:00 PM (Asian afternoon session)

Higher activity means bigger price swings — so it’s a double-edged sword. Be ready for fast moves if you trade during those times.

Withdrawing Your Bitcoin Profits

Taking money out is just as important as putting it in. You can withdraw via the same methods you deposited with, but keep in mind:

Before withdrawing, make sure your identity is fully verified and your payment methods confirmed. That prevents delays and keeps your funds safe.

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