Coins.ph incident

PHPC Redemption

Coins.ph is currently experiencing a minor incident, which began 317d ago. The vendor's full update timeline is below.

Started
Jul 04, 2025, 06:00 AM UTC
Resolved
Ongoing
Duration
● 316d 19h
Detected by Pingoru
Jul 04, 2025, 06:00 AM UTC

Update timeline

  1. investigating Jul 04, 2025, 06:02 AM UTC

    As PHPC transitions out of the regulatory sandbox, Coins.ph is redeeming all issued PHPC from the sandbox phase. To facilitate this process, PHPC deposits, withdrawals and trading will be paused starting July 4, 2:00 PM. For more information, you may refer to this article: https://coins.ph/blog/convert-your-phpc-holdings-to-php-today/

  2. investigating Jul 07, 2025, 05:51 AM UTC

    PHPC deposits have been reenabled, while withdrawals and trading remain paused.

  3. investigating Jul 08, 2025, 03:39 AM UTC

    Selling of PHPC is also also available through convert. Buying is still disabled.

  4. investigating Jul 11, 2025, 01:00 PM UTC

    PHPC deposits and withdrawals are disabled.

  5. investigating Jul 15, 2025, 02:14 AM UTC

    PHPC deposits and convert selling have been reenabled.