Today, the Philippine Digital Asset Exchange (PDAX), a BitMEX backed bitcoin and cryptocurrency trading platform that is approved by the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual currency exchange, announced it is now live and open to the public for trading
Back in June, BitMEX Ventures, the venture arm of the crypto derivatives exchange BitMEX invested in PDAX, with the hopes to create a digital financial market, not just for cryptocurrencies but all kinds of digital investment products and securities for Philippines users.
PDAX currently offers PHP enabled trading with BTC, ETH, XRP, XLM, BCH, and LTC.
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