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Your expert: Alejandro Borja
Your expert: Xavier Tarrasó
Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Independent Reserve | FEATURES | Pdax |
|---|---|---|
|
Minimum trade amounts at Independent Reserve are relatively low, making it accessible for new investors. |
Minimum Trade |
PDAX allows users to start trading with as little as PHP 50 per single trade, making it accessible for beginners and those with limited capital. |
|
Fees are moderate compared to other exchanges, but some users might find them slightly higher for smaller trades. |
Trading and Transaction Fees |
The trading fees range between 0.40% to 0.50%, which is moderately competitive within the region but higher compared to global averages. |
|
Independent Reserve supports a decent range of popular cryptocurrencies, providing enough options for most investors. |
Number of Cryptocurrencies |
Supports over 37 cryptocurrencies, which is decent for a regional exchange but less compared to larger international platforms. |
|
The exchange offers a fair selection of crypto-to-crypto pairs, though not as extensive as some larger platforms. |
Crypto-to-Crypto Trading Pairs |
PDAX primarily focuses on PHP-to-crypto pairs, limiting options for those looking to trade directly between cryptocurrencies. |
|
The website is user-friendly and transparent about fees, regulations, and available services. |
Website Transparency |
The website provides clear information about trading fees, minimum trade amounts, and other essential policies, although some users may find certain operational details lacking. |
|
Independent Reserve does not offer a card for in-store purchases. |
Credit/Debit Card |
This lack of a dedicated card offering means that PDAX users cannot directly utilize their crypto holdings for everyday transactions outside the platform. |
|
Offers secure storage options, including insurance for stored assets, enhancing user confidence in the platform’s safety. |
Storage Offering |
Provides secure wallet services regulated under Philippine law, ensuring safety for digital assets, though it lacks some of the advanced features found in dedicated crypto wallets. |
|
Independent Reserve does not have extensive staking or rewards programs compared to some other exchanges. |
Staking and Rewards |
Currently, PDAX does not offer staking services or rewards, which is a significant drawback for users looking to earn through these mechanisms. |
|
Both mobile and desktop platforms are well-designed, ensuring a seamless trading experience across devices. |
Mobile App and Desktop |
The mobile app is user-friendly and provides a robust trading experience on the go, although the desktop version could be enhanced with additional trading tools. |
|
Customer service is responsive, though there is room for improvement in speed and availability during peak times. |
Customer Service |
Offers multiple channels for support including email and social media, but there are reports of delays and the lack of immediate response options like phone support or live chat. |
|
Deposits and withdrawals are processed efficiently, with multiple options available, although some methods might incur fees. |
Deposit and Withdraw |
PDAX supports various local payment methods, which is convenient for Filipino users. International users, however, might find options limited. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
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© All rights reserved 2025 | Threenvest I/S