Cost Averaging for the Win Raffle Promo

PDAX has introduced the COST AVERAGING feature to support users to auto-schedule their trades daily, weekly, or monthly! 

From March 21 to June 20, 2025, 35 lucky winners will win from a total of PHP 300,000 worth of USDT! Every successful trade using the cost averaging feature earns a raffle entry – the more trades, the more chances of winning.

Stay consistent and win big 🏆

Full Mechanics:

Promo Duration: The promo period runs from March 21, 2025 to June 20, 2025 (3 months).

Prizes: Participants will have the chance to win prizes through a raffle draw. The prize distribution schedule is as follows:

- First Raffle Draw: April 25, 2025

     - Entries Covered: March 21 to April 20, 2025

     - Prize per winner: Php5,000 worth of USDT ETH

     - Number of winners: 20

- Second Raffle Draw: May 26, 2025

     - Entries Covered: March 21 to May 20, 2025

     - Prize per winner: Php10,000 worth of USDT ETH

     - Number of winners: 10

- Third Raffle Draw: Jun 25, 2025

     - Entries Covered: March 21 to June 20, 2025

     - Prize per winner: Php20,000 worth of USDT ETH

     - Number of winners: 5

Eligibility:

- Participants must be at least eighteen (18) years old, a Filipino citizen, and is currently residing in the Philippines during the entire promo period and at the time of the raffle draw.

- Promo is open to all users of PDAX who have at least completed Level 2 verification.

- Institutional accounts are not eligible to join.

- Employees and personnel of PDAX, its advertising agencies, and contractors involved in the implementation of this promotion, as well as their relatives up to the second civil degree of consanguinity or affinity, are disqualified from joining.

- PDAX reserves the right to disqualify users who are found to have violated the terms and conditions of this promotion and of the platform.

Promo Mechanics:

1. Users who meet the eligibility requirements above, and have completed buy orders using the Cost Averaging feature on PDAX will be deemed as participating in the promo. Participants who do not want to continue participating in the promo should notify PDAX in writing via email at marketing@pdax.ph.

2. Each completed buy order using the cost averaging feature automatically earns the eligible participant one (1) raffle entry. As long as the buy order has been completed, eligible participants will earn a raffle entry. The minimum required trade amount of the cost averaging feature applies.

3. Each eligible participant can earn multiple raffle entries throughout the entire promo duration. 

4. Each eligible participant will receive a notification for each raffle entry earned and a summary of the number of valid raffle entries at least two (2) calendar days prior to each raffle draw.

5. Each eligible participant can only win once per raffle period but may still be eligible to win in the succeeding raffle periods throughout the entire promo duration.

6. Each raffle entry earned by the eligible participant may be carried over to the next raffle period for more chances of winning.

Selection of Winners: 

1. The electronic raffle draws will be held following the schedules below, in the presence of representatives from PDAX Marketing Department, PDAX Risk Department, PDAX Compliance Department, and PDAX Consumer Department:

     - First Raffle Draw: April 25, 2025

          - Entries Covered: March 21 to April 20, 2025

          - Prize per winner: Php5,000 worth of USDT ETH

          - Number of winners: 20

     - Second Raffle Draw: May 26, 2025

          - Entries Covered: March 21 to May 20, 2025

          - Prize per winner: Php10,000 worth of USDT ETH

          - Number of winners: 10

     - Third Raffle Draw: Jun 25, 2025

          - Entries Covered: March 21 to June 20, 2025

          - Prize per winner: Php20,000 worth of USDT ETH

          - Number of winners: 5

2. Winners will be drawn using a random number generator (Google Generator). The name corresponding to the generated number on the raffle list will be declared as the winner.

Announcement of Winners:

All raffle winners will be announced via PDAX's official social media accounts and informed through email and push notification.

Claiming of Prizes:

- Prizes will be credited directly to the winners' verified PDAX accounts within seven (7) business days after each raffle draw.

- Prizes are non-transferable.

Rules and Exemptions:

- Participants are given the option to withdraw their entry before the end of the validation period. To signify their intention to withdraw from the promo, participants must notify PDAX in writing via email at marketing@pdax.ph one (1) calendar day before each draw. Withdrawal requests received after the validation period will no longer be considered. Successfully withdrawn entries shall be disqualified from the promo.

- While participants may earn multiple raffle entries, each entry can only win once per raffle draw. The other entries will be rolled over to the next raffle period.

- PDAX reserves the right to reject or disqualify participants who fail to comply with the promo mechanics.

- By joining this promo, participants agree to these terms and conditions, the general terms and conditions below, and consent to the use of their names for marketing and promotional materials via PDAX’s official social media channels.

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General Terms and Conditions

The conduct of this promotion is subject to these General Terms and Conditions, and shall also include, the PDAX Platform Terms and Conditions, Privacy Policy and other policies on the PDAX Platform and such terms may be amended from time to time in accordance with the terms therein (collectively referred to as the “PDAX Platform Terms”).

Prizes are provided on an “as-is” basis and cannot be exchanged or transferred to another person with PDAX’s prior approval. PDAX disclaims all warranties and representations of any kind, express or implied, including without limitation any warranty or representation of usability, satisfactory quality, merchantability or fitness for a particular purpose of the Prizes, or that any claims made in relation to such Prizes are accurate, that the Prizes will meet the eligible participant’s expectations. To the extent that Prizes are digital assets, PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.

The terms and conditions of this promotion may be subject to change in or additional terms and conditions, and eligible participants agree to comply with all terms and conditions applicable to the promotion. The modified or updated terms and conditions will be posted and effective upon posting, or as otherwise dated. PDAX reserves the right to change any terms of the PDAX Platform Terms or suspend or cease the promotion, at our sole and absolute discretion, any time and without prior notification nor liability to any participant. Your continued participation in the promotion after any change in the terms or mechanics shall be deemed as your acceptance of such amended terms or mechanics. If you disagree with the amended terms or mechanics, please cease your participation in the promotion.

PDAX has the right to disqualify or remove participants, or not to award any prize, if PDAX has reasonable grounds to believe that such participant: (i) has tampered with or attempted to tamper with the process or the operation of promotion; (ii) has breached the PDAX Platform Terms; (iii) have made any misrepresentations in respect of, has abused, or has employed any illegal or criminal activity (including fraud) in connection with, the promotion or any use of the PDAX Platform.

PDAX may notify you of any prize to be received by you via Platform notifications or emails. However, PDAX is not responsible for unsuccessful efforts to notify. Please check your PDAX account and email messages regularly, including your “junk” folders.

PDAX’s collection, use and disclosure of any personal data (including that of any eligible participant) will be subject to these General Terms and Conditions, and shall also include, the PDAX Platform Terms and Conditions, Privacy Policy and other policies on the PDAX Platform and such terms may be amended from time to time.

PDAX may collect, use, disclose or publish the eligible participant's personal information in order to process the disbursement and/or delivery, communication in connection with this promotion and for the purposes of administering the promotion in accordance with its Privacy Policy. If qualified participants are not willing to provide their personal information and other requested information, then PDAX will not be able to process, disburse and/or deliver the prizes. By choosing to not provide the personal data, each eligible participant acknowledges and agrees that any of his/her entitlement to the prizes shall be forfeited and he/she shall release and discharge PDAX from any obligations or liability in relation to it, and undertakes to not submit any claim to PDAX with respect to any matter related to this promotion. 

PDAX shall not be liable for any variation in the prizes’ value, any tax liability incurred by or accrued to a participant or otherwise incurred or accrued in connection with this promotion, or the use of the prizes by the qualified participant. You shall indemnify and hold PDAX free and harmless from and against any and all liabilities, penalties, interests, surcharges, and taxes in connection with, or arising from, your participation in this promotion or your use of the prizes.

Terms and Conditions apply. This campaign is subject to the PDAX terms and conditions. PDAX reserves the right to change the terms or cancel the campaign at any time without prior notice. Always ensure that you are compliant with all local laws and regulations when participating in financial promotions and activities.

Disclaimer: PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. PDAX does not endorse or approve any cryptocurrency, and assumes no responsibility for the content, accuracy or completeness of the same.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels:

Email: consumeraffairs@bsp.gov.ph;

Webchat: http://www.bsp.gov.ph (click webchat feature);

Facebook: https://www.facebook.com/BangkoSentralngPilipinas;

Direct Line: (02) 5306 2584 / (02) 8708 7087;

 Trunk Line: (02) 8708 7701 loc. 2584;  or

SMS: 21582277 (for Globe subscribers only).

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.