5 Facts About PDAX, the Leading Homegrown Crypto Exchange in the Philippines
Worldwide interest in crypto continues to grow as more and more users realize the advantages and reliable use-cases of various cryptocurrencies. In the Philippines, crypto transactions are increasing at a steady rate with some estimates pegging the total number of crypto users at over 4 million.
Leading the development of the crypto industry is Philippine Digital Asset Exchange (PDAX), a homegrown virtual asset provider (VASP). Since its launch in 2018, PDAX has been launching campaigns to increase awareness on cryptocurrency among Filipinos and offering quality digital services and solutions.
Since its launch, PDAX has achieved a lot of important milestones, cementing its reputation as a reliable exchange for Fiipinos.
Here are some key statistics and figures that can give users more insight on why PDAX is the leading homegrown exchange in the country.
This month, PDAX is also unveiling its new tagline “Choose PDAX’, which highlights the brand’s main customer benefits.
LICENSED BY THE BSP – As a fintech company, PDAX knows the importance of top-notch security. This is why the company employs layers of security protection to ensure that customer information, be it on the mobile app or web exchange, remains safe and confidential. End-users can also rest assured that as an exchange licensed by the Bangko Sentral ng Pilipinas, PDAX complies with the necessary policies and guidelines to ensure the hard-earned money of its users are protected.
WITH 25 TOKENS AND COUNTING – End-users get to buy, sell and trade some of the world’s top cryptocurrencies such as Bitcoin, Ethereum, XRP, USDC, Solana and more through PDAX. At present, users of the PDAX mobile app have access to 25 tokens with the exchange planning to introduce new cryptocurrencies this month. PDAX customers also have the option to upgrade their accounts to Prime, which enables them to access a total of 70 cryptocurrencies including exclusive, over-the-counter tokens.
EASY TRADING STEPS – In order to trade crypto on PDAX, one has to open and verify an account which can be completed in just a few easy steps.
WITH MULTIPLE CASH-IN AND CASH-OUT PARTNERS – Customer convenience is a top priority for PDAX. That’s why it has partnered with a network of reliable e-wallets and banks where customers can easily cash-in and cash-out in order to top up their wallets and start trading crypto. PDAX has over 30 cash-in and cash-out partners including Unionbank, PS Bank, AUB, Chinabank, PNB and Instapay to name a few. Users can also top-up their accounts through Gcash, GrabPay, Maya or Coins.ph
LOW FEES – Users can also enjoy low fees when they cash-in and cash-out of their e-wallets from PDAX’s partner banks, e-wallets and financial institutions.
Whether you are an experienced trader or just new to crypto, PDAX offers a wealth of customer benefits that can make your crypto trading experience more enjoyable and exciting.
For more information about PDAX, visit our official website at https://pdax.ph or download our mobile app on the Google PlayStore, Apple App Store or Huawei Gallery AND start trading today!
PDAX is a homegrown digital asset exchange in the Philippines, a safe, easy-to-use platform for Filipinos to buy and sell virtual currencies and assets. The company received its license from the Bangko Sentral ng Pilipinas in 2018 and was officially launched in the Philippine market in 2019. PDAX believes that blockchain technology and digital assets are the key to financial inclusion in the Philippines and can create a level playing field that can empower Filipinos.
Follow me on Twitter at @thefanboyseo for more tech news and updates!