Topic: PDAX or ABRA ? (Read 406 times)

Kahit din naman ang PDAX kailangna din ng KYC siguro halos lahat ng exchange ay medjo parang requirement na rin talaga KYC dahil na rin siguro dagdag security sa kanilang website para maiwasan ang mga nagbabalak ng masama sa website nila at madaling matrace kung mayroon mang nawalang pera sa website nila. Di ko nasubukang maglagay ng pera sa ABRA pero so far maganda naman ang PDAX sa experience ko dito and no issue na pa naman akong naeencounter sa kanilang website minsan lang pabago bago ang link.

Saan ba mas mababa ang spread? Never ko pa kasi nagamit yang ABRA at PDAX.

PDAX is ok but you need to trade your coins to fiat in their exchange minsan inabot ng 2 days pag mataas ang sell order moang taas din ng fee nila pag Lhuilier ang cashout mo ditulad sa coins.ph Lhuillier option na mas mababa ng 80% sa Abra naman matipid din pwede mo sya i exchange in an instant kasi wala silang exchange platform naka set na yung price.

May KYC ang abra, humingi pa lang sa akin.

https://www.abra.com/aml-survey/

right now, Union Bank is the main bank that supports Abra. Nasubukan ko ng magsend ng pera sa Abra thru Union Bank, di instant na macredit yong sinend mo pero nacrecredit naman eventually.

The good thing also is you can open a Union Bank account online by downloading their app. ID's, Signature's, etc are done online.

uo nga kabayan sinilip ko din now hindi pala supported ng bench/segtwit but also correct na marami din siyang option na halos same offers din ng coins.ph.

Downloading the apps now pag aralan ko na din since halos naman ay na tackle na sa topic na to.

Salamat sa Heads up kabayan and makikibalita ako kung merong mga tanong na kailanagn ko ang sagot.

Parang mas maluwang nga yata ang ABRA compared sa coins.ph?kasi wala silang verification sa mga newbies?but with this what about the security kabayan?sorry for noob question mate but like others i am looking for alternative than Coins,ph as they have some issues this past months and parang kumpiyansa na sila masyado na tinatangkilik sila ng mga pinoy.

First of all bakit mo kinukumpara ang isang crypto exchange (PDAX) sa isang custodial wallet (Coins.ph)? Parang hindi kasi patas yung pinagkukumpara mo since different yung serbisyo nila sa isa't isa. At mahirap din hanapan ng mobile application ang isang crypto exchange dito sa Pilipinas, yung trading platform ng Coins.ph, Coins.Pro, wala din silang app for trading at sa website lang ginagawa yung crypto trading nila. Honestly yung PDAX na ito na-impress ako nuong una kasi may kalaban na yung Coins.pro at baka mas madami silang i-offer na crypto for trading pero nung nakita ko yung cryptocurrencies na available sa exchange nila hindi ako natuwa since lima lang sila (Litecoin lang ang nadagdag kumpara sa Coins.pro) at sa tingin ko pinili pa nila ito dahil ito ay yung mga crypto na sikat o mataas yung market cap.


Daig pa nga sila ng ABRA kung tutuusin yung availability ng crypto na pwede mong bilihin sa wallet nila which they offer over 100 cryptocurrencies. Also kung naghahanap ka ng mobile application itong Abra Wallet meron parang Coins.ph/Coinbase din sila.



Hmm as far as I know yung mga known cases palang na nakikita ko is yung kay Motusora at yung kay dothebeats nung nakita ko kasi yung post ni Motusora nag-alala ako na baka palaging issue ito ng Coins.ph na nag-lolock ng account due to questionable transactions pero nung tinignan ko naman ang recent pages ng ANN thread ng Coins.ph wala naman nag-reklamo na user about having the same problem so I would say that this isn't really a common occurrence para sa mga Coins.ph users. And siguro dun sa level 3 accounts na nagkaka-temporary lock is yung mga tao na hindi pa nag-papasa ng updated KYC documents at hindi pa dumadaan sa proseso, na-experience ko na din kasi ito at binigyan nila ako ng mga 3 weeks notice na kailangan ko daw i-renew yung KYC documents ko at mag-undergo sa isang video call. Understandable naman ito kasi hindi naman sila yung talagang humihingi nito dahil utos ito ng Bangko Sentral ng Pilipinas sakanila.

Maganda rin naman ang PDAX exchange sa experience ko parang normal na exchange lang din naman at marami na ding option para makapagcash-in ka dito just like coins.ph pero wala ngalang itong application tulad ng nasa coins.ph kailangan mo pang gumamit ng laptop or kaya desktop para lang makapaagopen ka. Siguro kung long term investment medjo okey siya kahit nasa exchange siya dahil legit naman ang kanilang website at maraming mga bagong feature ngayon.

Ayon nga lang kailangan siya ng identification/KYC para makapagstart ka pero kung titignan ganun na din naman dahil sa coins meron din tayong KYC.

Recently nagloloko talaga ang system ni coins ph and maraming account ang nalocked despite of having a level 3 account confirmation so if there’s a good option for us, I’ll go for abra wallet and actually abra ang huge competitor ni coins ph and they are also here for many years. I haven’t heard any newd about PDAX honestly, so go for a safe wallet which is for me Abra is more secured if you don’t want coins ph anymore.

thanks for the reply sir , will take a look into that.

Got some news in PDAX exchange.


Mayroong partnership ang Philippine Digital Asset Exchange (PDAX) sa Shopee platform na kung saan pinapayagan ang mga user na bumili ng cryptocurrency sa pamamagitan ng voucher sa shopee.ph, available ito hanggang May 1 – 31, 2020.

Mukang maraming partnership ngayon itong PDAX ngayon marami din akong nakikitang articles sa PDAX sa mga websites mukang umaangat na sila at mayroong din potential. Nasa top na rin ito ng mga exhanges dito sa Pilipinas. BSP-Licensed din ang exchange nila kaya legit sila dito sa Pilipinas.

Source:
https://bitpinas.com/promotions/buy-bitcoin-shopee-pdax-vouchers-now-available/

According sa Bitcoin Optech hindi recognized ng Abra ang mga bech32 segwit addresses. Kahit hindi compatible segwit address sa ngayon good exchange pa rin sila as an alternative to coins.


Hindi ata kailangan ng verification kasi ito nakasulat sa article nila regarding sa bank withdrawals for users in philippines. Kailangan siguro maging regular ka muna katulad ni mk4 bago ka hanapan ng mga personal na impormasyon.

ang ABRA ba ang Segwit/bench support wallet?or legacy lang ?medyo marami na din ako naririnig na good posts regarding abra kahit sa reviews magaganda din ang nababasa thats why i want to consider using this dahil parang hindi na ganon ka user friendly and Coins.ph etong mga nakaraang panahon.

may instant cashout na sila ngayun to your bank and 0% fee.
also i just upgraded to premium para wala ng limits haha .

sa abra , pano ba mag verify ? di ko kasi makita sa app .
gusto ko kasi verified account ko para safe .

Sa Abra kana kung ikukumpara yung exchange rate nila mas prefer ko ang Abra one time ko palang nagamit itong Pdax last year ang pangit lang wala pa silang masyadong options to cashout instantly like instapay iwan ko lang as of now kung may improvement na sila nasa beta stage palang ata nung ni try ko to pero sa palagay ko pinakamagandang alternative sa coinsph e ang Abra pagdating sa cashin/cashout.

kung pdax at abra lang din naman ang pag pipilian choose abra nalang kasi mas matagal nang nag ooperate ang abra kaysa sa pdax. at may account din ako sa abra at parang halos mag kapareho lang din sila ni coins.ph. iyon nga lang si abra limited lang yung suported na bangko kumpara sa coin.ph.

not sure if i can wait 6 months for just  100kphp haha .
yung transfers ko kasi sa coinsph is around   50-100kphp every month .

will check this abra thing. thanks for the input sir.

Not sure you want to do that in my opinion. Pag isang bagsakang 2k usd, ewan ko lang, pero baka questionin ka nyan kung san galing ung pera. Pero kung willing ka naman i-publicize siguro walang problema. Proceed with caution lang; kung ako hahatiin ko nalang into 6 months para sure.

And yes mobile lang. pero very light-weight naman siya so pwede yan sa lumang devices.

Ever since my account got suspended in coins.ph, I looked for alternatives para lang makapag withdraw ng pera at makapag-cash in nang walang gaanong hirap at sweat. Abra filled my needs from 2018 up to now until may nakilala akong contact na willing to do BTC/PHP straight to my bank and wallet whenever I need it (I know you're also a member of this forum! ). While the service of Abra is very limited compared to coins.ph, it does the exact same thing when it comes to withdrawals and buying BTC. At times, mas mura pa yung offering nila ng BTC by a few % compared to coins.ph, at minsan din eh maliit lang ang cut na kinukuha nila sa withdrawals.

I haven't heard so much about PDAX as they are fairly new to the game I think, but will also look at their service as well. Mahirap magbigay ng KYC info sa kaliwa't kanang service platforms kaya dapat when it comes to such service e sure talaga tayo sa reviews na mga nababasa natin.



Phones nowadays are relatively cheaper compared to years ago. Secondhand phones will do as long as na-clear mo na ang device to the brim at sure kang religiously stock/factory reset na yung phone. iPhones may also be good for banking and finance, pero if you plan to use a wallet that is independent of any third-party providers, medyo mahihirapan ka.

i see , gusto ko sanang e transfer lahat ng pera ko from blockchain which is around 2k usd.
by the way i just checked abra, and unfortunately pang mobile lang sya,

lage kasi ako nasa harap ng desktop ko at luma na yung cp kaya medyo laggy .
anyway magagawan naman yan ng paraan . maybe i need to buy a new phone.

Sa dami ng gumagamit ng mga platforms na ito, meron at meron talagang mangyayaring ganitong instances kahit gaano pa ka-regulated ung exchange; kung Coinbase nga na heavily regulated may nangyayaring ganito. Ang pwede mo lang gawin is to not be as suspicious as possible. Ung tipong biglaang isang bagsakang withdrawal, etc. Besides that, transact peer-to-peer.

did you even watched the video ?   i clearly stated in thread that my coins ph was suspended without even giving me notice,  so im trying to find an alternative to coins so i can still withdraw my btc to my bank account.
obviously i wasn't looking for a loca trading platform na nag su suspend din ng account without notice .
therefore i posted this thread to know which platform is better and secured .

since abra also suspends account kahit na ang ginawa lang ng tao sa video is mag deposit ng funds through bank is kinda suspicious .



thank you for the input , will check that rebit.ph.
as of now i registered an account in pdax and my verification is still on process.



thank you for the  response sir . 

Ni-link na ni mk4 yung article tungkol sa limits ng abra. Hindi talaga maiiwasan ang bad experiences kasi humihigpit yung terms ng exchanges. Ginagamit ko lang ang abra pambili ng bitcoins tapos rebit.ph naman kung cash outs. Kung interesado ka sa rebit mas mataas ng konti yung limit nila compared sa coins 75k daily tapos 500k monthly para sa level 2. Matagal yung verification experience ko sa kanila parang at least 2 weeks pero swabe naman yung mga transactions minsan lalagyan pa nila ng notes kapag nasobra yung pag send mo.

Nabasa ko yung thread mo and sa pagkakatanda ko yung Coins.ph wallet account mo yung na suspend and hindi yung Coins Pro na trading account so sa tingin ko nag-hahanap ka ng wallet replacement para sa Coins.ph? Kasi ang PDAX they are more of a crypto exchange rather than a wallet meron lang silang exchange wallet pero wala silang mobile app na parang katulad ng Coins.ph unlike Abra na pwede mo na din ma-consider na Coinbase/Coins.ph alternative na may mobile wallet. So baka yung right choice para talaga sayo is Abra and not PDAX if hindi ka naman makikipag-trade ng cryptocurrencies. Also Abra ngayon kahit hindi sila masasabing crypto exchange platform mas madami pa silang ino-offer na cryptocurrency for both buying and selling (100+) as compared to PDAX that has only the usual top 5 cryptocurrencies (BTC, ETH, XRP, BCH, LTC).

Parang magulo na sir. Sabi mo alternative to coins.ph tapos after mo mapanood yang na-research mo, sabi mo same lang din naman abra at coins.ph.

Ano ba talaga ang specific thing na hanap mo para mas ma-guide ka namin.

And besides, puwede mo naman makita mismo ang limit kung yan ang concern mo once na nag-create ka na ng account to either PDAX or ABRA. Nag-share na iyong mga kabayan natin ng sagot dito and I think enough reference na iyon to do your part naman.

may idea ka kung magkano ang daily / monthly limit ng abra sir?
anyway im just looking for coins ph alternative ,  yung pwede ko ma withdraw coins ko through bank.

edit  : i did a little research about abra and i found this
https://www.youtube.com/watch?v=NhuWTNM5Z20

still same as coinsph haha

Suggest ko rin Abra kung prefer mo subukan ang exchange ng walang verifications. If naghahanap ka pa ng ibang exchange na may payment methods tulad ng gcash or paymaya ng wala ring verifications I suggest trying out whalespend.

Bago pa lang kasi PDAX kaya wala pa masyadong feedback hindi tulad ng Abra iilang taon na.

It seems like they are again working on suspending accounts, we have our kabayan, an old member who posted in this thread https://bitcointalksearch.org/topic/coinsph-suspended-accounts-5034931... same scenario, his account was suspended without him knowing the specific reason.

Well, as to the question,.. I heard more positive comments on ABRA compared to PDAX, BTW, still coins.ph users until now.

Proceed here nalang: https://support.abra.com/hc/en-us/articles/115002918627-What-are-Abra-s-transaction-limits-

Mostly P10,000-20,000 lang withdrawals ko kaya di ko ramdam limits.

The typical. ID, selfie, bank statement.

Yes withdraw to bank ginagamit ko. Meron rin sila ung sa pawnshop mo kukunin pera pero di ko pa nasusubukan.

thank you for the input Sir.
may limit din ba sa cashout ang ABRA   ?
at anung mga id's or documents ang keylangan ko para sa verification ?
as for bank statement, wala namang problema sa aking yun  

also how do i cash out from abra ? may options ba na direct sa bank account mo ( i have bdo and bpi )?

I personally haven't tried PDAX, but I've had a great experience with Abra. Price cuts are lower compared to Coins.ph too. Di man ramdam ung liit ng natitipid ko pag Abra ang ginagamit ko instead of Coins.ph, it adds up in the long term.

Actually, one problem lang with Abra. Ngayon lang sila humingi ng bank statement sakin for some reason as proof. Unfortunately may pagka-layo ung bank ko sa tinitirahan ko ngayon soo.. Pero beyond that, wala naman.

i started a thread here about my coins.ph account being suspended for no valid reason and some people here suggested me to move to another local platform
so i did some little research and i found pdax , but some people here are suggesting abra
so i will ask the experts here on which one is better ?  PDAX or ABRA ? 

if you have any other platform to suggest, pls let me know.

thank you !