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Home Tech Cryptocurrency

PDAX introduces new prime service for crypto investors in the Philippines

Team AsiaTechDaily by Team AsiaTechDaily
05 April 2022
in Cryptocurrency, Featured
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PDAX, one of the Philippines’ leading regulated and licensed digital asset exchanges, has launched PAX Prime, a new exclusive service dedicated to sophisticated Filipino crypto investors and their growing needs in the dawn of digital assets.

This new move is part of the company’s broader effort to enable and empower crypto holders in the Philippines and bring more Filipinos into the crypto economy.

PDAX Prime customers have access to the over-the-counter (OTC) service where they can trade more tokens faster and with competitive pricing. Using their preferred chat application, PRIME clients will also have direct access to the PDAX Treasury Team to trade digital assets.

PDAX Prime clients can access 21 in-demand digital assets on TAXes Website, Mobile App and through Treasury OTC. These are: Bitcoin (BTC), Ether (ETH), Tether (USDT), US Dollar Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP), The Graph (GRT), Chainlink (LINK), Basic Attention Token (BAT), Enjin (ENJ), Uniswap (UNI), Aave (AAVE), Compound (COMP), Polkadot (DOT), Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), Axie Infinity Shards (AXS), Smooth Love Potion (SLP) and Dogecoin (DOGE). The minimum trade amount for these digital assets on Treasury OTC is P1,000,000 per transaction.

The PDAX Prime membership, meanwhile, grants clients access to 30 additional OTC-exclusive digital assets namely Ox (ZRX), 1 inch Network (1INCH), Badger DAO (BADGER), Bancor (BNT), Chiliz (CHZ), Curve DAO (CRV), DAI (DAI), Dash (DASH), Decentraland (MANA), EOS (EOS), Ethereum Classic (ETC), Hedera (HBAR), Loopring (LRC), Terra (LUNA), Maker DAO (MKR), OMG Network (OMG), PAX Gold (PAXG), Ren (REN), Shiba Inu (SHIB), SKALE Network (SKL), Solana (SOL), Storj (STORJ), Sushi Swap (SUSHI), Synthetic (SNX), Stellar (XLM), Tezos (XTZ), The Sandbox (SAND), USD Coin (Stellar), Waves (WAVES), and Yearn.Finance (YFI). The minimum trade amount for these digital assets in the Treasury OTC is P250,000 per transaction.

According to Nichel Gaba, Founder and CEO of PDAX, this new service strengthens the company’s position as one of the leading digital asset exchanges in the country.

“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 PAX Prime, they can do just that,” he said. “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.”

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