As the Filipino Digital Asset Exchange (PDAX) celebrates its seventh anniversary, the platform has reflected through its social media pages, on a trip marked by innovation, associations and a growing user base in the booming cryptographic industry of the country. In this article, here is a look at seven main milestones and what follows.
This article is in collaboration with PDAX. Make your next money move with PDAX by signing up here!
Pdax at 7
Pdax, a cryptographic exchange regulated by BSP founded in 2018, allows the Filipinos to buy, sell and exchange digital assets such as Bitcoin and Ethereum directly with the Philippine weight (PHP).
The platform also offers features such as low initial investment, multiple payment channels and an easy -to -use mobile application to trade and manage digital assets.
As part of its seventh year celebration, Pdax is giving a total of ₱ 300,000 USDT to 35 winners of your Average costs for promoting gain raffle.
To enter, users have to trade using the average cost function between March 21 and June 20, 2025. The more operations a participant, the more raffle tickets they will win and greater will be their chances of winning.
7 milestones
Treasury bonds
At the end of 2024, Pdax and GCASH, in association with the Treasury Office (BTR), they announced the launch of GBONTS, allowing the 83 million GCASH users to easily invest in government bonds.
Before this, in November 2023, the Treasury Office approved the sale of tokenized treasure bonds in the block chain, allowing Pdax to offer these digital values. This allowed Pdax users to take advantage of bonds with a minimum ₱ 500 investment.
Read: [Interview] Pdax bond information: Why the local exchange offers government bonds
How to Buy Tokenized Treasury Bonds in the PDAX application
- Click on the “Bonds” function on the home page.
- Complete the required form, which includes the user’s personal information.
- Click the “Proceed” button once the three -page personal information section is completed.
- Answer the “Financial Objectives” section. Click “Continue”.
- Answer the “Investment Experience” section. Click “Continue”.
- Check the details provided from steps three to six, then click “Send”.
- Go to the “Trade” section of the application.
- Choose “Bonds.”
- Select the bond pair to buy. Usually, it comes with a PHP couple, such as Bill48/PHP.
- Enter the amount.
- Wait for the email of the transaction. The coupon that will be received will include the date of the coupon and the expiration date, which indicates when interest will be obtained.
System switch
In 2023, Pdax completed a four -phase system switch from April 27 to May 31, aimed at improving efficiency and simplifying trade.
Maintain and win promotion
PDAX recently introduced its retaining and gain promotion, allowing participants to obtain passive income simply having eligible digital assets on the platform. Participants who maintain their cryptographic holdings for an established period can receive attractive rewards in USDT
(Read more: Pdax hold and ear promotion: how it works)
GCASH association
GCASH associated with Pdax to launch “GCRYPTO”, a cryptographic purchase and sale service within the GCASH application. Initially revealed in 2022, Gcrypto underwent internal tests before its complete deployment. The Association allowed GCASH users to access the cryptocurrency trade without obtaining their own virtual asset services provider (VASP), instead, depending on the existing PDAX license.
After the delays caused by the market recessions and the FTX collapse, Gcrypto officially launched throughout the country on April 23, 2023. Mark Núñez, head of associations for Crypto and Web3 in GCASH, confirmed the deployment during an event. The function allowed users to buy, sell, transfer and learn about cryptocurrencies, positioning itself as a friendly entry point for beginners in cryptography.
Smarter commercial characteristics: average weight costs and limited orders
Pdax introduced two advanced commercial functions to help users make more informed investment decisions:
- Average cost weight (PCA): This feature allows users to automate their cryptographic purchases programming regular operations over time. (Read more: Guide for beginners for the average weight costs)
- Orders limit: With this function, users can establish an objective price in which they want to buy or sell a digital asset.
Pdax Prime Launch
In 2022, Pdax introduced Pdax Prime, an exclusive service aimed at training Filipino cryptographic investors. The initiative provides improved business opportunities, expert orientation and educational resources to help users maximize their cryptographic investments.
- Free sale trade (OTC).
- Exclusive access: Prime members can exchange 21 assets in demand (BTC, ETH, USDT, AXS, Doge, etc.) with a minimum 1m transaction, plus 30 additional OTC additional tokens (Sun, Shib, Sand, etc.) with a minimum trade of ₱ 250k.
- The platform also comes with a dedicated support of the Pdax Treasury team through preferred chat applications.
- Prime users will also have priority access to cryptographic learning content, trade strategies, understanding ideas and discussions with industry experts through zoom conferences and an exclusive YouTube channel.
Mobile application launch
In December 2020, Pdax officially launched its mobile application, providing users with a safe and convenient way to exchange cryptocurrencies on their smartphones. The application initially offered complete commercial functionality for Bitcoin (BTC), Ethher (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT).
The launch came with authentication of two factors (2FA) and cold and heat storage of institutional degree to protect user funds.
The application has been downloaded more than 500,000 times on Google Play. Although Apple App Store does not show the number of downloads, the application currently has 570 ratings.
Looking to the future
In response to Bitpine research, the CEO of Pdax, Nichel Gaba, declared his vision for Pdax in 7 years:
“In 7 years, cryptographic technology and blockchain will support most financial services in the Philippines: Pdax will have a difference in making cryptography safer and more accessible.”
This article is published in Bitpins: Pdax celebrates 7 years: key milestones, innovations and what follows for cryptography exchange
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