pdax review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PDAX is a Philippine custodial exchange for people who want to buy and hold crypto in pesos through a bank transfer, overseen by the Bangko Sentral ng Pilipinas. It lists from 100 coins, runs on mobile, and suits first-time buyers rather than active traders.
Key facts
- Best for
- Buying and holding crypto in the Philippines through a regulated, bank-funded custodial account.
- 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
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- LinkedInXtelegram.me
Pros and cons
Pros
- Regulated in the Philippines by Bangko Sentral ng Pilipinas (BSP), with the operator named as Philippine Digital Asset Exchange (PDAX), Inc.
- Fiat deposits run by bank transfer, using bank
- A custodial wallet, so custodial storage and a mobile interface handle the coins
- Supports from 100 coins, in the same range as eToro at from 150 and Vivid Plus at from 300
Cons
- The withdrawal fee is set per asset, blockchain network and current network traffic, and the amount is shown on screen before a crypto-out request
- Custodial storage means you hold the balance on the exchange rather than in a wallet of your own
- Phone support is not among the listed channels, which run on email, chat and help centre
Who it suits
- Filipino residents who want a peso bank transfer route into crypto
- First-time buyers who prefer a custodial wallet to a self-custody setup
- Long-term holders who trade less often and care about the regulatory standing of the operator
Who should look elsewhere
- Active traders who need the tightest spreads, where eToro and Vivid Plus both list longer coin ranges
- Anyone wanting to hold keys themselves, since custody is custodial rather than self-custody
- People outside the Philippines who fund with a bank transfer in pesos
How pdax compares
8.7 vs 9.5
8.7 vs 9.3
8.7 vs 9.48.7 vs 9.4
8.7 vs 8.5
8.7 vs 9.4
8.7 vs 8.7
8.7 vs 9.2Supports from 150 coins, a longer list than PDAX, so it offers more choice for buyers who trade several assets.
8.7 vs 9.48.7 vs 8.7
8.7 vs 9.38.7 vs 9.0
8.7 vs 9.0
8.7 vs 9.2
8.7 vs 9.08.7 vs 8.6
8.7 vs 8.3
8.7 vs 9.4
8.7 vs 9.4
8.7 vs 9.3
8.7 vs 9.3
8.7 vs 9.3
8.7 vs 9.38.7 vs 9.3
8.7 vs 9.2
8.7 vs 9.28.7 vs 9.2
8.7 vs 9.2
8.7 vs 9.1
8.7 vs 9.1
8.7 vs 9.0
8.7 vs 9.0
8.7 vs 9.08.7 vs 9.0
8.7 vs 8.98.7 vs 8.5
8.7 vs 8.4- 8.7 vs 8.0
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 is PDAX and who runs it?+
PDAX is a custodial crypto exchange based in the Philippines, operated by Philippine Digital Asset Exchange (PDAX), Inc. and listed as based in Philippines. It is a centralised exchange, so you hold your balance on the platform rather than controlling the keys yourself.
How many coins can I buy on PDAX?+
The exchange lists from 100 coins, which puts it in the same range as bunq at from 350 and eToro at from 150. The list covers the main large-cap assets most new buyers look for first.
How do I fund my PDAX account?+
Fiat deposits run by bank transfer, listed as bank as the deposit method. That suits people who already use Philippine banking, and it means you can fund the account straight from a bank account without a card.
What does it cost to take crypto out?+
The withdrawal fee is set per asset, per blockchain network and by current network traffic in the form of gas fees. The amount is shown on screen before you submit a crypto-out request, so you can see it at the point of withdrawal.
Is PDAX regulated?+
Yes. The exchange is registered with Bangko Sentral ng Pilipinas (BSP), the Philippine central bank. That gives it a licence and a named operator behind the platform, which is worth weighing against offshore venues with no local regulator.
What kind of wallet does PDAX use?+
It is a custodial wallet, and the interface is a mobile app. Because custody is custodial, PDAX holds the coins for you, which is simpler for a first purchase but leaves your balance dependent on the exchange.
How do I get help if something goes wrong?+
Support runs through email, chat and help centre. There is a help centre with articles, plus email, live chat and a community space, though phone support is not among the listed channels.
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
Buying and holding crypto in the Philippines through a regulated, bank-funded custodial account.