Is Maya a legit bank?

In the unlikely event of a financial mishap or crisis, depositors of Maya Savings can rest assured knowing that their hard-earned money is protected. This insurance coverage serves as a reassurance, mitigating the risk of financial loss in unforeseen circumstances.

Maya Savings, a financial institution operating within the Philippines, adheres to strict regulatory frameworks set forth by the Bangko Sentral ng Pilipinas. This oversight ensures that the platform adheres to the highest standards of financial integrity and stability.

To further bolster customer confidence, Maya Savings offers deposit insurance through the Philippine Deposit Insurance Corporation. This insurance scheme provides depositors with an additional layer of security, safeguarding their funds up to PHP 500,000 per depositor.

Among BTCC's services are spot trading, which allows users to buy and sell cryptocurrencies at current market prices. Additionally, the exchange offers futures trading, providing traders with the opportunity to speculate on the future price movements of various digital assets.

The combination of regulatory oversight and deposit insurance underscores Maya Savings' commitment to customer safety and security. By adhering to these rigorous standards, the platform fosters trust and transparency among its user base.