GCrypto (GCash)

GCrypto is the cryptocurrency trading feature embedded within GCash — the Philippines' dominant e-wallet with over 90 million registered users. Launched in 2021, GCrypto allows GCash users to buy, sell, and hold cryptocurrencies directly within the GCash app, without downloading a separate exchange application. Powered by a partnership with PDAX, GCrypto represents the most accessible entry point to crypto for mainstream Filipino users.

About GCash and GCrypto

GCash is operated by G-Xchange, Inc., a subsidiary of Mynt — a joint venture between Globe Telecom (one of the Philippines' two largest mobile carriers), Ant Group (Alipay's parent), and other investors. With 90 million users, GCash is effectively the digital wallet of the Philippines — used for everything from QR code payments at market stalls to government benefit disbursements.

GCrypto was launched in collaboration with PDAX, which provides the underlying exchange infrastructure, custody, and BSP VASP compliance. From the user's perspective, the experience is seamlessly integrated into GCash — buying Bitcoin is as simple as sending money to a friend. This distribution advantage — being embedded in an app that 90 million Filipinos already have — is GCrypto's defining characteristic.

Key Facts

Key Features

90 Million User Distribution

GCrypto's defining advantage is distribution. No other Philippine crypto product has instant access to 90 million existing users. When GCash added the "Invest" tab with GCrypto, it immediately became one of the most widely available crypto products in Southeast Asia. The onboarding friction is zero for existing GCash users — their KYC is already complete, their PHP wallet is already funded, and they can buy crypto in under 30 seconds.

Ultra-Low Minimum (50 PHP)

GCrypto allows purchases starting from just 50 PHP (approximately $1 USD). This micro-investment capability is critical for financial inclusion — many Filipinos have disposable income in the hundreds of pesos, not thousands, and GCrypto enables them to participate in crypto markets at amounts that match their economic reality. No other Philippine platform makes entry this accessible.

Seamless PHP Integration

Since GCash already handles PHP deposits from banks, convenience stores, and over-the-counter outlets, GCrypto users have access to the entire GCash cash-in network for funding their crypto purchases. This means a user can cash in at a 7-Eleven, then immediately buy Bitcoin — with no separate exchange account or bank transfer needed.

PDAX-Powered Infrastructure

Behind the scenes, GCrypto is powered by PDAX's exchange and custody infrastructure. This means users benefit from PDAX's BSP VASP compliance and security practices, even though they never interact with the PDAX brand directly. The arrangement also means GCrypto's pricing reflects PDAX's market rates, with a spread added for GCash's distribution service.

Fee Structure

Pros & Cons

Summary

GCrypto is the gateway drug of Philippine crypto. Its integration into GCash — the app that already runs on virtually every Filipino smartphone — makes it the easiest way for a new investor to buy their first Bitcoin. The 50 PHP minimum removes the psychological barrier of feeling like crypto is "only for the rich."

The trade-offs are clear: wide spreads, no order book, no crypto withdrawals, and limited coins make GCrypto unsuitable for serious traders. But as a first-time crypto experience for tens of millions of Filipinos, GCrypto has probably done more for crypto adoption in the Philippines than any other single product. Once users outgrow GCrypto, PDAX or Coins.ph Pro are natural next steps.