News
PDAX adds $PEPE and $USDC based on Solana
Bangko Sentral ng Pilipinas (BSP)-licensed cryptocurrency exchange Philippine Digital Asset Exchange (PDAX) has announced the listing of $PEPE and the Solana-based version of $USDC.
What’s the meaning? This expansion gives traders more options for portfolio diversification, improving their ability to engage with the growing cryptocurrency market via a licensed local exchange.
What is Pepe coin? A meme coin inspired by Pepe the Frog:
- Supply: 420,690,000,000,000.
- Community: Over 100,000 holders in November 2023.
- Price records:
- All-time high: ₱0.0009989 (May 27, 2024)
- All-time low: ₱0.0000003088 (April 18, 2023)
What is the advantage of a Solana-based USDC? Faster transactions (over 2000 TPS) and lower fees (approximately $0.0006 per transaction).
Other details: It is pegged to the US dollar and issued by Circle. It is used in DeFi for its liquidity, functionality and stability; also for remittances.
Other tokens available on PDAX include:
- Main cryptocurrencies: XRP, BTC, ETH, USDT (on various blockchains), USDC (on various blockchains).
- Others: GRT, LTC, AAVE, ENJ, LINK, BCH, UNI, BAT, COMP, ADA, ALGO, APE, AVAX, AXS, BNB, DOGE, DOT, GALA, GMT, HBAR, MANA, MATIC, PAXG, PEPE, PYUSD, RON, SAND, SHIB, SLP, SOL, SUSHI, TON, WETH, XLM, XTZ, YGG.
Previously: the previous exchange listed Toncoin, while its supported NFT collection is spiteful an important brand partnership.
Read other articles on PDAX on BitPina.
This article is published on BitPinas: PDAX adds $PEPE and $USDC based on Solana
What else is happening: