Insert issue in PDAX

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Aug 6th, 2022
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  1. Add your PDAX file into your DocHub profile.
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  3. Use robust editing tools to make any alterations to your document.
  4. Once finished, click Download/Export and save your PDAX to your device or cloud storage.
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How to insert issue in PDAX

4.7 out of 5
22 votes

all right so first give us an idea what happened here uh how did unfunded transactions actually find their way into the platform uh can you give us an idea um sure uh well uh just to give a quick background what happened to pdax is something thatamp;#39;s been happening across the cryptocurrency exchange industry for several months now uh weamp;#39;ve been seeing volumes that weamp;#39;ve not seen before and pdax just received an unprecedented search in activity that triggered a glitch and the glitch resulted in an unfunded transaction or an unfunded order being placed on the exchange now uh the thing to keep in mind here is that unfunded transactions uh or unfunded orders do not have the equivalent cryptocurrency or the equivalent cash uh delivered onto the exchange and so a lot of the the transactions that were matched with this unfunded order uh were in fact invalid transactions and i understand that thereamp;#39;s been a lot of frustration about that pdax immediately took actio

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PDAX is licensed by the Bangko Sentral ng Pilipinas as a Remittance and Transfer Company (RTC), an Electronic Money Issuer (EMI), an Electronic Payment and Financial Service (EPFS), and a Virtual Asset Service Provider (VASP).
Philippine Digital Asset Exchange (PDAX) Philippine Digital Asset Exchange, or PDAX, is a cryptocurrency trading platform that was founded in 2018 in the Philippines. It allows users to buy and sell digital assets such as Bitcoin, Ethereum, and XRP using Philippine pesos.
Nichel Gaba is the CEO and Founder at PDAX | Philippine Digital Asset Exchange .
PDAX is a BSP-regulated exchange that allows you to trade Bitcoin, Ethereum, and other cryptocurrencies with PHP directly. An easy to use platform because by just signing up and providing the requirements needed to verify you and then cash in and start trading with various cryptocurrencies available in the platform.
PDAX is fully licensed and regulated by the Bangko Sentral ng Pilipinas. This regulatory oversight ensures compliance with the countrys laws and regulations related to cryptocurrencies and financial services.
Philippine Digital Asset Exchange (PDAX) PDAX is supervised by the BSP and has obtained a VASP license, which enables it to legally facilitate the exchange between virtual assets and fiat currency, virtual asset to virtual asset, and custody or transfer of virtual assets.
It is also convenient to trade s with PHP directly and cash-in and cash-out options were easy enough. There are lots of bank options and methods to deposit/withdraw which makes it convenient for users and amounts were reflected instantly. I also feel more secured using the app since it is BSP regulated.

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