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GoTyme Bank Launches In-App Crypto Services Including Bitcoin for Philippine Users

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(12:12 PM UTC)
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  • GoTyme Bank’s new crypto feature targets everyday users with seamless integration into its mobile app.

  • The service supports buying and holding 11 digital assets, focusing on simplicity for Philippine customers.

  • Crypto adoption in the Philippines stands at around 10%, with projections for growth driven by digital banking trends.

GoTyme Bank launches crypto services for 6.5M users in Philippines via Alpaca partnership. Buy BTC, ETH & more easily—boost your digital investments today! (142 characters)

What is GoTyme Bank’s new crypto services offering?

GoTyme Bank crypto services enable its 6.5 million customers in the Philippines to buy and hold 11 cryptocurrencies directly within the mobile app. Launched through a partnership with U.S. fintech firm Alpaca, the feature simplifies the process by automatically converting Philippine pesos to U.S. dollars for purchases. This initiative aims to make digital assets accessible to beginners who find traditional exchanges overwhelming.

How does GoTyme Bank’s crypto integration work for users?

Users can access the crypto services seamlessly after opening an account in minutes via the GoTyme app, which now includes a debit card and investment options. The platform supports major assets like Bitcoin (BTC), Ether (ETH), Solana (SOL), and Polkadot (DOT), with purchases handled in the background for security and ease. According to GoTyme’s official announcement, this design prioritizes user-friendly investing over advanced trading tools, aligning with the bank’s growth since its 2022 launch backed by Singapore’s Tyme Group and the Philippines’ Gokongwei Group.

Around 10% of Filipinos use crypto, and adoption is expected to grow as more seek digital-first financial tools.

Key Highlights

GoTyme Bank, one of the fast-growing digital banks in the Philippines, has just introduced crypto services to its 6.5 million customers.

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According to the official press release, the rollout comes via an integration with US fintech firm Alpaca and allows users to buy and hold 11 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), and Polkadot (DOT), directly inside the GoTyme mobile app.

The launch comes as crypto adoption in the Philippines continues to rise; around 10% of Filipinos already use digital assets, and this number is expected to grow as more people search for digital-first financial tools.

GoTyme claims its in-app crypto option is designed for everyday users who often find traditional exchanges confusing or overly technical. To simplify the process, crypto purchases are automatically converted from Philippine pesos to U.S. dollars in the background.

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Focus on simplicity and security

Nate Clarke, President and CEO of GoTyme Bank, said the crypto feature is part of the bank’s mission to help Filipinos take control of their finances. “By partnering with Alpaca, we’re bringing global expertise to local customers, ensuring they have the tools to confidently participate in the digital economy,” he said. 

Further, Clarke added that GoTyme is focused on making crypto investing safe and easy rather than offering complex trading tools.

Since its 2022 launch, GoTyme has grown quickly with support from Singapore’s Tyme Group and the Philippines’ Gokongwei Group. The bank’s fast onboarding lets users open an account and get a debit card in minutes, and this process now includes crypto services.

Looking ahead, GoTyme plans to expand into Vietnam and Indonesia as part of its Southeast Asia strategy. Clarke has said the bank is still in a growth phase and is prioritizing user expansion over profitability.

A growing and active market

The Philippines is among the most active crypto markets globally, ranking ninth on Chainalysis’ 2025 Global Crypto Adoption Index. Policymakers are looking into new blockchain initiatives. They are considering holding part of the country’s reserves in Bitcoin and placing the nation’s budget on a blockchain network for transparency.

Meanwhile, across Southeast Asia, the pace of digital banking adoption is accelerating. According to surveys, over 80% of consumers are now using digital banking services. Neobanks in Singapore, Indonesia, and Vietnam are eyeing features related to crypto. 

GoTyme’s launch adds competitive pressure, as customers increasingly expect banking, payments, and investing on one platform, pressuring rivals to expand their digital-asset offerings.

Also Read: GNLU Begins Consultations to Shape India’s Crypto Rules

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Frequently Asked Questions

What cryptocurrencies can users access through GoTyme Bank’s app?

GoTyme Bank’s crypto services allow users to buy and hold 11 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), and Polkadot (DOT). The integration with Alpaca ensures secure transactions, with automatic currency conversion from Philippine pesos to U.S. dollars for straightforward investing.

Why is crypto adoption growing in the Philippines?

Crypto adoption in the Philippines is rising due to increasing demand for digital financial tools, with about 10% of the population already using digital assets. The country’s ninth ranking on Chainalysis’ 2025 Global Crypto Adoption Index highlights its active market, supported by initiatives like potential Bitcoin reserves and blockchain for government transparency.

Key Takeaways

  • Simplified Access: GoTyme Bank’s in-app crypto services make investing easy for beginners by handling conversions and focusing on core buying and holding features.
  • Market Growth: With 10% adoption and a top global ranking, the Philippines is poised for further expansion in digital assets amid regional digital banking trends.
  • Strategic Expansion: Backed by major groups, GoTyme aims to grow its user base and enter new Southeast Asian markets like Vietnam and Indonesia.

Conclusion

GoTyme Bank’s launch of crypto services marks a significant step in integrating digital assets into everyday banking for Philippine users, supported by a partnership with Alpaca and aligned with the nation’s rising crypto adoption. As Southeast Asia’s digital economy evolves, with over 80% of consumers embracing neobanks, this move enhances financial inclusion. Stay informed on these developments and explore secure ways to participate in the growing crypto landscape.

Jocelyn Blake

Jocelyn Blake

Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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