Maya is running a crypto promo that gives users a chance to win PHP 1 million in cash, with purchases on Maya Crypto starting at PHP 1, the company announced.

The raffle runs from 22 October to 17 December 2026.

Besides the grand prize, eligible users can win weekly prizes of PHP 1,000 and PHP 10,000, and monthly prizes of PHP 100,000.

Every Peso Counts as an Entry

Users must first opt in through an invitation in the Maya app.

After that, every PHP 1 of eligible crypto bought or sold earns one raffle entry, so a qualifying PHP 100 transaction earns 100 entries. Only transactions made after a successful opt-in count.

Each participant can win once across the weekly or monthly draws, and once in the grand prize draw.

To buy, users tap Crypto on the app dashboard, choose a cryptocurrency, enter an amount from PHP 1 and confirm payment. Purchases appear in the user’s Maya Crypto portfolio.

Maya Flags the Risks

Maya stressed that the PHP 1 million prize is a promotional raffle award, not a guaranteed return from trading.

Crypto prices can rise or fall sharply, and users could lose some or all of the money they put in. The company advised users to start with an amount they can afford to lose.

Crypto services are provided by Maya Philippines, not Maya Bank.

Crypto holdings are not bank deposits and are not insured by the Philippine Deposit Insurance Corporation.

Maya Crypto offers more than 30 tokens, and Maya recently restored on-chain crypto deposits from external wallets and exchanges.

Featured image: Edited by Fintech News Philippines based on images by thanyakij-12 via Magnific and Maya via its website.