There are major red flags suggesting this is a fraudulent clone of the legitimate Coins.ph exchange, with a newly registered domain mimicking a well-known brand. Multiple hallmark scam indicators are present, such as false licensing claims and likely fabricated user stats.
Why We Think This Is A Scam
Domain (coins-ph.vip) is 1 day old but claims 18 million users and operation since 2014 ('Trusted by over 18 million Filipinos since 2014')
Domain name and branding closely mimic an established local exchange (Coins.ph) but differs slightly, indicating brand impersonation
Claims of 'BSP-Licensed Compliance' with no way to verify registration from provided content, despite being a new, unrelated domain
Registrar (gname.com) and rapid creation/launch suggest opportunistic intent typical of scam clones
Page pushes trust and regulatory compliance but lacks any specific, verifiable registration information
Hosting is on Alibaba Cloud US, not locally, and no organizational information is provided
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