Philippines Launch New PDAX Crypto Exchange

News
Tue, 09/11/2018 - 17:26
Yuri Molchan
The country’s Central Bank has given a licence to PDAX - Philippine Digital Asset Exchange. Exchange emphasizes trade with the coins which are popular among locals
Cover image via U.Today

The country’s Central Bank has given a licence to PDAX– Philippine Digital Asset Exchange. It will trade a wide range of crypto tokens. This exchange emphasizes trade with the coins which are popular among locals– BTC, ETH, LTC, etc. More coins are going to be added in the short term.

This the first ever web-exchange, where citizens of the Philippines can buy and sell crypto for their local fiat peso, allowing a large number of local people to invest in this new innovative industry.

The exchange meets the necessary requirements, like anti-money laundering policy, security supervision, etc.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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