PDAX Adds $PEPE and Solana-based $USDC
Bangko Sentral ng Pilipinas (BSP)-licensed crypto exchange Philippine Digital Asset Exchange (PDAX) has announced the listing of $PEPE and the Solana-based version of $USDC.
What’s the significance? This offers traders more options for portfolio diversification, enhancing their ability to engage with the growing crypto market via a licensed local exchange.
What is Pepe coin? A meme coin inspired by Pepe the Frog:
- Supply: 420,690,000,000,000.
- Community: Over 100,000 holders as of November 2023.
- Price Records:
- All-time high: ₱0.0009989 (May 27, 2024)
- All-time low: ₱0.0000003088 (April 18, 2023)
What is the benefit of a Solana-based USDC? Faster transactions (over 2000 TPS) and lower fees (approx. $0.0006 per transaction).
Other details: It is pegged to the U.S. dollar and issued by Circle. It is used in DeFi for its liquidity, functionality, and stability; also for remittances.
Other available tokens on PDAX include:
- Major Cryptocurrencies: XRP, BTC, ETH, USDT (on various blockchains), USDC (on various blockchains).
- Others: GRT, LTC, AAVE, ENJ, LINK, BCH, UNI, BAT, COMP, ADA, ALGO, APE, AVAX, AXS, BNB, DOGE, DOT, GALA, GMT, HBAR, MANA, MATIC, PAXG, PEPE, PYUSD, RON, SAND, SHIB, SLP, SOL, SUSHI, TON, WETH, XLM, XTZ, YGG.
Previously: The exchange previously listed Toncoin, while its supported NFT collection is teasing a major brand partnership.
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