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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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| Pdax | FEATURES | Unocoin |
|---|---|---|
|
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. |
Minimum Trade |
Unocoin offers a relatively low minimum trade amount, making it accessible for beginners to start trading without requiring a significant initial investment. |
|
The trading fees range between 0.40% to 0.50%, which is moderately competitive within the region but higher compared to global averages. |
Trading and Transaction Fees |
The platform’s fee structure is on the higher side, which might be a deterrent for those looking to maximize their returns on smaller trades. |
|
Supports over 37 cryptocurrencies, which is decent for a regional exchange but less compared to larger international platforms. |
Number of Cryptocurrencies |
Unocoin supports only a limited selection of major cryptocurrencies, which may not satisfy users interested in a broader array of options. |
|
PDAX primarily focuses on PHP-to-crypto pairs, limiting options for those looking to trade directly between cryptocurrencies. |
Crypto-to-Crypto Trading Pairs |
Offers some crypto-to-crypto trading pairs, but the options are not as extensive as those available on larger international platforms. |
|
The website provides clear information about trading fees, minimum trade amounts, and other essential policies, although some users may find certain operational details lacking. |
Website Transparency |
The website provides clear information regarding fees, policies, and security practices, aiding users in making informed decisions. |
|
This lack of a dedicated card offering means that PDAX users cannot directly utilize their crypto holdings for everyday transactions outside the platform. |
Credit/Debit Card |
Unocoin lacks an exchange card, limiting flexibility and benefits for users looking to utilize crypto for everyday transactions. |
|
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. |
Storage Offering |
Offers secure storage solutions including cold storage, which provides a high level of security for users’ digital assets. |
|
Currently, PDAX does not offer staking services or rewards, which is a significant drawback for users looking to earn through these mechanisms. |
Staking and Rewards |
Limited staking options are available for certain cryptocurrencies, providing users with an opportunity to earn rewards on their holdings. |
|
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. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and well-designed, making trading accessible at home or on the go. |
|
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. |
Customer Service |
Provides a decent level of customer service with support available through multiple channels, though response times can vary. |
|
PDAX supports various local payment methods, which is convenient for Filipino users. International users, however, might find options limited. |
Deposit and Withdraw |
Supports a variety of deposit and withdrawal methods, but fees and processing times can be a drawback for some users. |
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.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S