GoTyme Bank Launches Crypto Trading for Millions of Filipinos
Highlights:
- GoTyme Bank launches crypto trading with Alpaca, including Bitcoin, Ethereum, and Solana.
- Filipinos can invest anytime with a simple, secure, and easy-to-use platform.
- The service helps unbanked and underbanked people access digital financial solutions.
GoTyme Bank, the fastest-growing bank in the Philippines, has launched a crypto investment service with Alpaca. Filipinos can now access crypto, stocks, ETFs, options, and fixed income all on one platform. The service starts with 11 coins, including Bitcoin, Ethereum, and Solana. Users can invest anytime they want. It also provides real-time market news and insights to help users make smart decisions without any complicated steps.
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GoTyme Bank Brings Easy Crypto to Filipinos
Nate Clarke, President and CEO of GoTyme Bank, said the bank wants to be highly transformative in the Philippines. He added that the launch of GoTyme Crypto is an important step toward this goal, which offers secure, simple, and innovative financial solutions for all Filipinos.
Alpaca, a global company providing brokerage APIs, powers GoTyme Crypto. This gives users easy and smooth access to crypto investments. The system uses a special GoTyme Crypto USD account linked to the GoTyme Bank Everyday account, and makes trading simple for customers.
An Phan, Portfolio Product Manager at TymeX, said many Filipinos want to save differently and protect their money from currency changes. Most crypto apps are complicated and meant for experienced traders, and GoTyme Bank wants to fix this. The product is simple, reliable, and helps people buy crypto confidently without technical analysis or using many apps.
GoTyme Bank Launches Crypto Trading in the Philippines in Partnership with Alpaca https://t.co/ffWy6OGBil pic.twitter.com/ZX4zjGsE4Q
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Yoshi Yokokawa, CEO of Alpaca, said they are proud to help GoTyme Bank make crypto trading simple for everyday users. He added that the Philippines is an early adopter of digital assets. With Alpaca, GoTyme Bank helps millions of Filipinos build wealth and join the global digital economy.
GoTyme Bank Targets Unbanked Users and Plans Regional Expansion
The launch focuses on the 76% of people who are unbanked or underbanked. It offers digital-first financial solutions with bank-level security and an easy-to-use interface. This makes it possible for even first-time crypto users to invest confidently. GoTyme Bank’s crypto service meets the growing demand for financial innovation in the Philippines.
The Philippines is ninth in the world for crypto adoption and 20th for crypto wealth. This shows a strong interest in digital assets. About 10% of Filipinos use crypto now. Technology, limited banking access, and government support drive experts to expect 12.79 million users by 2026.
GoTyme Bank also wants to grow outside the Philippines. Clarke said the bank will expand to Vietnam and Indonesia. They aim to reach more people in Southeast Asia’s fast-growing digital banking market. Clarke said profit is not the main goal yet. “We are very much still in a growth phase. We are not optimizing for profitability at the moment. What matters to us is building a growing and engaged customer base,” he told The Digital Banker.
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Syed Ali Haider
Ali Haider is a contributing crypto writer at Crypto2Community. He is a crypto and blockchain journalist with over six years of experience and has long advocated for digital freedom and cybersecurity. Haider has been featured in several high-profile crypto and finance outlets, including Coincult, AltcoinBeacon, BTCRead, and more.
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