pdax review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

PDAX is a Philippine custodial exchange built for local buyers who want to fund an account by bank transfer and hold coins with the operator rather than on a self-custody wallet. It lists from 100 coins and sits under Bangko Sentral ng Pilipinas, with a mobile app and locally shaped support.

Key facts

Best for
Filipino buyers who want a bank-funded, centrally held account under local regulation.
Coins listed
from 100↗
Regulators
Bangko Sentral ng Pilipinas (BSP)↗
Fiat deposit methods
Bank↗
Withdrawal fee
Not fixed; set per asset, blockchain network and current network traffic (gas fees), shown on screen before the crypto-out request↗
Exchange type
Cex↗
Legal entity
Philippine Digital Asset Exchange (PDAX), Inc.↗
Headquarters
Philippines↗
Support channels
Email, Chat, Help-centre, Community↗
Features
Custodial
Official website
pdax.ph

Crypto wallets

Wallet type
Mobile↗
Custody
Custodial↗
Coins supported
from 100↗

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
Google Play

Pros and cons

Pros

  • Regulated in the Philippines by Bangko Sentral ng Pilipinas (Bangko Sentral ng Pilipinas (BSP)), with the operator named as Philippine Digital Asset Exchange (PDAX), Inc.
  • Fiat deposits run by bank, the most common funding route among the exchanges listed.
  • Lists from 100 coins, above the 74.5 median across listed exchanges.
  • Support runs on email, chat and help centre, so live chat, email and a searchable help centre are all available.

Cons

  • Custody is custodial: coins sit with the platform, so holdings depend on the operator rather than on keys you control.
  • Support runs on email, chat and help centre only, with no phone line among the listed channels.
  • Withdrawal fees move with the asset, the blockchain network and current network traffic, so the cost of a crypto-out can change between requests.
pdax

Ready to try pdax?

Scored 8.7 / 10 by HodlCue.

Who it suits

  • Filipino buyers who want to fund a crypto account by bank transfer and hold it with a Philippine operator.
  • Long term holders who would rather leave key management to a named local entity than run their own wallet.
  • People who want email, chat and a help centre to sort out deposit and withdrawal questions.

Who should look elsewhere

  • Anyone outside the Philippines: the home market is PH and fiat deposits run by bank transfer.
  • Self-custody users, since holdings sit with the operator under custodial.
  • Coin hunters, since Bitpanda lists from 650 and bunq lists from 350.

How pdax compares

Where pdax is available

Available
Philippines
Licence in Philippines
Bangko Sentral ng Pilipinas (BSP), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What kind of company is PDAX?+

PDAX is a centralised custodial exchange based in the Philippines. The operating entity is Philippine Digital Asset Exchange (PDAX), Inc., and the home market is PH. Coins sit with the platform rather than in a wallet where you hold the keys.

How many coins can I trade?+

The listed catalogue covers from 100 coins, with from 100 supported. For context, the median across listed exchanges sits at 74.5, so the range here is broader than the typical venue in the group.

How do I fund my account?+

Fiat deposits run by bank, so money arrives from a bank account rather than a card. That suits people already banking locally, and it also means deposits follow normal bank transfer times.

Who regulates PDAX?+

The regulator is Bangko Sentral ng Pilipinas, listed for the Philippines as Bangko Sentral ng Pilipinas (BSP). A named local regulator matters for buyers who want the operator accountable in their own market, and the entity behind the platform is Philippine Digital Asset Exchange (PDAX), Inc.

Do I hold the coins myself?+

Custody is custodial and the listed feature is custodial, so the exchange holds the assets. That keeps key management simple, but your balance depends on the platform rather than on keys in a wallet you control.

What will a withdrawal cost?+

Withdrawal fees are not a flat rate. They are set per asset, per blockchain network and by current network traffic, with the amount shown on screen before a crypto-out request. Taker fees across listed exchanges run at a median of 0.2%.

How do I get help?+

Support runs on email, chat and help centre, so you can email, open a live chat, search the help centre or ask the community. Live chat and the help centre cover routine questions on deposits, withdrawals and account access.

Can I use it on my phone?+

The platform is a mobile app, which suits buying and holding on the go. Because custody is custodial, the app trades and holds rather than importing keys from a self-custody wallet.

Sources

  • pdax.ph checked September 26, 2026

    Backs: Features, Headquarters, Legal entity, Price, Wallet type

    “Manage your digital assets confidently with enterprise-grade security and full control over your PDAX wallet”

  • pdax.ph/cryptocurrency checked September 26, 2026

    Backs: Coins listed, Coins supported, Custody

    “We support over 100 tokens”

  • pdax.ph/fees checked September 26, 2026

    Backs: Fiat deposit methods, Withdrawal fee

    “Online Bank Transfer FREE”

  • support.pdax.ph/en/support/solutions/articles/10600001552... checked September 26, 2026

    Backs: Exchange type, Support channels

    “PDAX is a homegrown platform that makes buying, selling, and trading digital assets easy, fast, and secure”

  • bsp.gov.ph checked September 26, 2026

    Backs: Regulators, Licences

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Taker fee.

pdax

pdax

Filipino buyers who want a bank-funded, centrally held account under local regulation.

8.7/10See alternatives