PDAX Newsletter: November 2024

November has been a month of exciting developments, opportunities, and rewards! Here’s everything that happened to make your crypto journey even better with us at PDAX.

PDAX on the Move

PDAX at Singapore Fintech Festival

The team attended #SFF2024 along with global fintech leaders held at Singapore EXPO last Nov 6-8. Kenneth Chua, our Chief Business Development Officer, also joined a panel discussion about the future of cross-border money transfers during the event.

Base Manila Meetup

The Base tour made a stopover at Manila, with PDAX CEO Nichel Gaba joining a panel discussion on driving the onchain future in the Philippines. Base is a secure, low-cost, builder-friendly Ethereum L2 designed to help bring users and developers onchain.

What’s going on at PDAX?

Sending crypto made easier

Skip the hassle and save the wallet addresses you sent crypto to the most. Just go to your Portfolio tab > click ‘Send’ > then add your Saved Recipients.

Free $BTC for first-time traders

Use the code ‘firstcrypto’ when you make your first trade on PDAX. Promo period from November 1-30, 2024. T&Cs apply.

Hold & Earn 11.11

Get up to 11% p.a. in crypto rewards for the Hold & Earn program this November! Just hold the minimum amount of our participating tokens and get credited with rewards weekly. Check out full T&Cs at pdax.ph/hold-and-earn. 

ICYMI

PDAX powers PYUSD to PHP conversion

Cebuana Lhuillier’s partnership with PayPal now allows PYUSD-PHP conversion thanks to PDAX.

US considers a strategic $BTC reserve

A strategic reserve of $BTC is in the works for the US, as proposed by Republican Senator Cynthia Lummis. Once completed, it would make the US the first global power to recognize crypto as a strategic national asset.

$BTC surpasses silver in market capitalization

$BTC exceeded silver's market capitalization by mid-November, ranking as the 8th-highest asset in the world at US$1.797T compared to silver's US$1.707T at the time.

DISCLAIMER: PDAX reaffirms that the statements in this article do not constitute financial advice. 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.

For inquiries or complaints, please contact us through the following channels:- Chatbot: https://pdax.ph or https://web.pdax.ph/ (click web chat feature)- ‘Customer Support’ webpage at https://support.pdax.ph- Email: support@pdax.phPlease 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 web chat feature)- Facebook: https://www.facebook.com/BangkoSentralngPilipinas- Direct Line: (02) 5306 2584 / (02) 8708 7087- Trunk Line: (02) 8708 7701 loc. 2584- SMS: 21582277 (for Globe subscribers only). For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.