How does RDB 3 on the PDAX Platform work?

How does RDB 3 on the PDAX Platform work?

With PDAX Bonds, eligible users may access government securities through the PDAX Platform powered by PDAX Securities. 

All securities broker-related functions and services are performed by PDAX’s securities broker-dealer partner, PDAX SECURITIES INC. (formerly, BONDS.PH INC.). PDAX Securities is registered with the Securities and Exchange Commission (SEC) as a securities broker/dealer, licensed as a Government Securities Eligible Dealer (GSED) and is a member of the Philippine Dealing and Exchange (PDEx).

When you place an order, PDAX Securities receives it as your securities broker. Your RDB 3 holdings are recorded in your National Registry of Scripless Securities (NRoSS) account, which is linked to your PDAX account. In the app, your holdings appear as the RDB 3 token under Portfolio > Bonds.

Disclaimer:

The contents herein are provided for general informational purposes only and should not be considered as definitive legal, business or tax advice. Trading with any financial product or digital asset (including cryptocurrency) is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. 

Prospective purchasers or sellers of financial products should consult their own counsel, accountants or other advisors as to legal, tax, business, financial and related aspects of the purchase of such financial product, among others. PHILIPPINE DIGITAL ASSET EXCHANGE (PDAX), INC. does not guarantee the performance, and the technical and financial integrity, of the digital assets and their ecosystems, and, to the extent allowed by law, shall not be responsible for any loss sustained by the customer.

External links are provided for convenience and for informational purposes. They are not statements of PDAX and PDAX bears no responsibility for the accuracy, legality or content of said links.

For inquiries or concerns, please contact us through the following channels: Webchat: https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name.

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