Philippines Launch New PDAX Crypto Exchange

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

Tue, 11/09/2018 - 17:26

Philippines Launch New PDAX Crypto Exchange

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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.

#Cryptocurrency exchange

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.