Philippine-based cryptocurrency exchange Philippine Digital Asset Exchange (PDAX) launches PDAX Prime, a new exclusive service dedicated to Filipino crypto investors. This initiative is part of the exchange’s effort to allow and empower cryptocurrency holders in the Philippines and onboard more Filipinos into the crypto space.
“We believe crypto investors in the country deserve to maximize their crypto investments and discover more opportunities to build their wealth, especially at the age of economic recovery. With PDAX Prime, they can do just that,” – Nichel Gaba, Founder and CEO of PDAX
PDAX Prime will allow its customers to have access to an over-the-counter (OTC) service where they can trade tokens faster and with competitive pricing. Prime Clients will enjoy three main services: direct access into the crypto market, crypto guidance, and early access to crypto learning contents. Also, through their preferred chat application, PRIME clients will also have direct access to the PDAX Treasury Team to trade digital assets.
“Our current users have the option of upgrading their accounts to enjoy the perks of PDAX Prime. We see this as an improvement to what we offer today and a benchmark for other, more innovative solutions we may come up with in the future,” Gaba stated.
PDAX Prime customers will have access to the 21 in-demand digital assets on the PDAX website and mobile App. The available assets include;Bitcoin (BTC), Ether (ETH), Tether (USDT), US Dollar Coin (USDC), Axie Infinity Shards (AXS), Smooth Love Potion, Dogecoin (DOGE) and others. The minimum trade amount for these digital assets on Treasury OTC is P1,000,000 per transaction.
Moreover, Prime membership will also grant clients access to 30 additional OTC-exclusive digital assets namely Ox (ZRX), Shiba Inu (SHIB), Solana (SOL), Tezos (XTZ), The Sandbox (SAND), USD Coin (Stellar) and more. The minimum trade amount for these digital assets in the Treasury OTC is P250,000 per transaction.
“PDAX has a dedicated team that is passionate about crypto and all other solutions to help PDAX Prime clients make the most out of their crypto journey. The team’s mission is to guide the customers through the fast-paced world of crypto and share solutions that will allow them to maximize their crypto investments.” – PDAX on the crypto guidance perks
Moreover, as part of PDAX’s mission of promoting financial inclusion and education in the Philippines, the company will provide PDAX Prime members priority access to different educational materials to help them “stay ahead of the curve.”
The educational materials include a basic overview of digital assets, an in-depth discussion on trading and staking, and discussions with crypto personalities who can provide their unique insights on different crypto or digital asset opportunities. These materials can be accessed by Prime members by participating in Zoom conferences or watch the recorded versions exclusively on the PDAX Prime Youtube channel.
Recently, PDAX also partnered with Velo Labs, a blockchain based financial protocol, to bring improved cross-border payments to the Philippines, using the transformational power of blockchain technology of the Velo Labs’ Stellar Network. (Read more: Velo Labs and PDAX to Open Remittance Corridor in PH Through Blockchain)
PDAX also has raised more than $50 million in a funding round to cater to the growing NFT and play-to-earn market in the Philippines. (Read more: PDAX Raises $50M to Support NFT and Play-to-earn in the Philippines)
This article is published on BitPinas: PDAX Launches PDAX Prime For Crypto Investors in PH
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