Your primary wallet is where the assets that you hold in your PDAX account are stored by default, both for fiat currencies and cryptocurrencies.
Any non-trade transaction such as cash in and cash out or sending or receiving of cryptocurrencies will be carried out to and from your primary wallet.
Your exchange wallet is where your assets that you will use to place trade orders, both fiat currencies and cryptocurrencies, are stored.
Thus, you need to transfer the asset that you have in your primary wallet to your exchange wallet if you want to use them for any trade transaction.
Any gain or loss of asset that was the subject of your trade order will be carried out in your exchange wallet.
You will need to transfer the assets that you have in your exchange wallet to your primary wallet should you wish to do non-trade transactions such as sending this to another wallet or cashing out.
There is no charge and no limit to the number of times that you can transfer assets between your primary wallet and exchange wallet.
You will be directed here once you go to https://trade.pdax.ph/. Be extra cautious and make sure that you enter the correct URL address whenever you log in to your PDAX account.
This shows you the overview of the total assets that you hold in both your primary and exchange wallets.
This is where you can see the list of all your cash in, cash out, and trade activities, as well as their status.
- Get Historical Reports - This lets you download a copy of your activity history in .csv file format.
- Activity Filter - This lets you control what data to show in your activities history, including the type, currency, and status.
This is where you go should you wish to cash in PHP or deposit cryptocurrency (Payment In), cash out PHP or withdraw cryptocurrency (Payment Out), or transfer assets (Transfer Funds) from your primary wallet to your exchange wallet.
Once you’ve transferred assets from your primary wallet to your exchange wallet, you can now start trading. To do this, simply click the Trade tab to go to the exchange.
Digital Asset Address
This lets you save someone’s information and wallet address so that you can easily select them as recipient should you wish to transfer assets to them.
Here are some things to keep in mind when adding someone to your Digital Asset Address:
- You can add multiple wallet addresses under a contact. This is helpful if your contact holds different cryptocurrencies, as each cryptocurrency has a distinct wallet address.
- Make sure that the wallet address that you save is not a single-use wallet address.
- You can save both PDAX and external wallet addresses in your PDAX digital wallet address [book].