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Bitcoin Trading at ₱50 Using PHONE! + ₱150,000: CASH-OUT w/ Proof | PDAX App TUTORIAL #StartWithPDAX - YouTube
Channel: Jhazel de Vera
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Okay, so hello guys.
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I'm Jhazel de Vera and welcome
back to my channel.
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So if you're new to this channel,
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click on the subscribe button
and the notification bell
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to get to watch all types of
home-based jobs videos
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and anything you can earn online.
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Did you know, guys,
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that majority of people in
our country still don't know
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about cryptocurrency or digital assets?
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Most will say, "Bitcoin? That's a scam."
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It's not.
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Well, in fact, Bitcoin and other
types of cryptocurrencies
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are the so-called virtual currencies.
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One way to earn from it is trading.
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For example, this ballpen here.
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You bought it for ₱10.
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And because of its demand, the value
grew and it became ₱15.
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Which means, when you sell it for ₱15,
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it is understood that
you have a profit of ₱5.
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And it works also the other way around.
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If its price lowers, let's say ₱8.
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So you're in the negative of ₱2.
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So don't sell if you're in the negative.
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So that is the concept of trading.
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But where can we do this?
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What website, what platform
do we have to go to?
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Well, actually, guys, this is one
of the most important things
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we need to give emphasis on.
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Because most people, don't get
scammed because of Bitcoin,
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that is caused by choosing
the wrong person.
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By choosing the wrong
trading platform.
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This is what I mean.
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For today's video, I will introduce
a trusted trading platform
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and BSP regulated.
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So that you're sure that your money
is safe and secured, which is PDAX
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or Philippine Digital Asset Exchange.
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With their newest update,
it's very accessible
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because you will be able to trade
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with the minimum of ₱50 using
only your mobile phone.
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And I will teach all that in this video,
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I want you to stay tuned until the
end to not miss any information.
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So right now, I'm going to teach
you how to start trading crypto
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with a minimum price of ₱50
using only your mobile phone.
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For you to sign up for an account on PDAX,
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please follow the instructions
here on our description box
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or you could just follow
me on demo right now.
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So guys, by the way, the PDAX
mobile application is available
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on iOS and Android devices.
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This is what you'll see once downloaded.
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You can signup and verify.
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You can cash in, of course.
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And here on PDAX, you can start trading,
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buy and sell Bitcoin, Ethereum, XRP,
and other cryptocurrencies
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using PHP easily, directly, and at
globally competitive market rates.
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What's nice about PDAX,
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as I've mentioned on my
previous videos about PDAX,
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you don't need to go through forex,
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you don't need to go through
the USD conversion.
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But from PHP, our local currency,
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you will be able to buy some
digital assets right away.
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Such as Bitcoin, and the
ones mentioned here.
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For you to signup, you just have
to provide your email address,
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and then the next step here is,
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I think, you need to sign
terms and agreements.
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And right after that, you'll receive
a verification on your email.
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Make sure that you'll signup
with a valid email address.
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And then, follow the instructions
until you reach the point
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where you have to provide
your valid ID for validation.
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They have a KYC.
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And that is also one of the
requirements, of course,
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to maximize our limits of
trading, cashing in and out.
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And once you have your
PDAX account, of course,
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you'll sign in with your email
address and your password.
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Just to let you know as well,
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it's a must to activate the
2-Factor-Authentication.
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For the security of our account.
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So that is easy to activate.
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Just follow the instructions and you
need to have a Google Authenticator
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because that is what will
generate 6-digit codes
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to input here every time you login.
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We're here in our portfolio.
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Here are our balances.
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Your total balance, your peso
balance, digital asset balance,
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and if you have pending
orders, that is indicated here.
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And also, here you find
your assets here on PDAX.
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This is optional, if you want
to upgrade to premium.
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Let's first go to the wallet.
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I will show you how we can cash in,
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we have several modes
of payments available.
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So let's tap in this "Cash in".
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We have three types of mode of payments.
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Let's first check the online.
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They have supported banks here.
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The minimum cash in is ₱200.
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By the way, guys, we have
a code you can input
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when you cash in at least ₱1000.
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Both of us will get cash back.
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So I would appreciate, guys,
if you use our code.
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Under e-wallet, they have payment options
like coins.ph, GCash, and Paymaya.
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What if you don't have an e-wallet?
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And you're just starting
out in the digital world.
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Don't worry because they have an OTC,
or over-the-counter.
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They have M Lhuiller.
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It's very convenient because they
have a lot of payment options.
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You have no excuses.
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No excuses?
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Here guys, you can cash in from their
different supported cryptocurrencies.
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What you'll need to tap is receive.
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So for example, for Ethereum,
tap on receive
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and here you'll find your
ETH wallet address.
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Copy that or you can use
the QR code right here.
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I will show you guys now
one of the latest update
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of their mobile application,
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which is here in the trade.
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Okay, so now, I'll just quickly explain
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how we can trade here in the
PDAX mobile application.
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We're now on the trade page
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and as you can see, there are
different digital assets
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that we can use for trading.
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Here we have Bitcoin, Ethereum, XRP,
USDT, USDC, Litecoin, and BCH.
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And the most commonly
used right now is Bitcoin.
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And the recent news is the biggest dump
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or how Bitcoin's price crushed down.
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When the price goes down, that is
the best opportunity to begin.
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Since, as I said, the basic concept
of trading is buy low,
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you can sell it at a higher price.
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It is now our opportunity
to get in the market.
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One of the latest updates here
on the PDAX trading platform app
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are their two types of trading platforms.
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So they have a basic, which is this one.
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And they also have a pro,
which is this one.
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So let's first start
with the basic.
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So this basic trading platform
is for beginners.
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So here on the basic, they
also simplified the terms.
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As you can see this set
price, it has a drop down,
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and here we have two options.
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First is convert.
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On convert, you can instantly
convert with to best price.
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And with the set price, you
can set your limit price.
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Set a specific buy or sell price.
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So basically, guys, if you buy,
the set price should be lower
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because of course, you want
to buy at a lower price.
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And for the sell, you can set a
higher price to sell it higher.
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And now, this is one of
the latest PDAX updates,
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which is the pro trading platform.
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It looks the same, just like the basic.
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There are just some different terms
and some more things added.
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On the dropdown, we can
find the market and limit.
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So basically, this market, this
is the covert in the basic.
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Because this is instant.
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Its current price as of now.
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That is where your order will be filled.
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So if you want to buy at the market.
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First is the market.
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On buy, you will convert
your PHP to BTC.
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And here on sell, you will convert
your Bitcoin to PHP.
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That's it. Okay?
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Here you can type in your quantity in BTC
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and you can type in as
well your amount in PHP.
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So to make it easy, I would
recommend to stay in the PHP.
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But if you want to buy your desired
quantity of Bitcoin, you'll type here.
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It's automatic, guys.
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If you type in 50, the Bitcoin
quantity that you will buy,
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it will be here, at this price
of the current market value.
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And scrolling down, you'll find the fees here,
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which is 25 cents,
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your total amount, and here
on projected holdings--
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A lot of people get confused
by the projected holdings.
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This will be your holdings right after
you place your market order.
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It's not confusing, guys.
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Study it and replay this
video, our explanation.
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This is your first step if you
want to learn trading.
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"Jhazel, what are these
numbers on the side?"
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So basically, guys, this is our
depth or the order book.
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Here we can find the orders
of other users, okay?
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These are limit orders, guys.
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And speaking of limit orders,
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we're going to talk about the limit order.
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We're in the market order now.
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Let's switch to limit order.
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It's the same with the set price
of the basic trading.
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Here at the specific price or sell price,
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if you tap on it, our options
right here will be more.
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Now they're three, before they were two.
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BTC and PHP.
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Here it has now a limit price.
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So here, you're basically, just
gonna type the limit price.
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Let's say that we have a
limit price of ₱1,972,700.
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So that is the limit price that once
Bitcoin reached this amount,
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our order will automatically be filled in.
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At ₱50, this is the value we'll get.
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0.00002534
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And this, compared to before,
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it has a lower fee, the transaction fee.
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If you are going to place
your limit order.
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It's only 20 cents.
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The difference is 5 cents, not a big deal.
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This is your projected holdings,
the one I explained a while ago,
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what is projected holdings.
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You need to place orders every time
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because sometimes the BTC price changes
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and you have to review and refresh,
and then place the order again.
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Just in case, it goes error
or something like that.
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Because BTC's price changes fast.
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And of course, also our
system here changes.
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So when it goes error, just retry.
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Just confirm the order if you're
decided to buy at this price.
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You'll see it on your pending order page.
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As of now, there is no pending order page
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because I haven't really
placed a limit order.
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And you can cancel some orders
that you don't want to fulfill anymore.
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As long as it hasn't been
filled, you can cancel it.
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I hope you learned a lot from
our basic trading tutorial.
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How to place limit order and sell order on
both basic and pro PDAX trading platform.
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They're latest update of
their mobile application,
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and if you have any questions,
comment down below.
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I'll answer them.
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So there guys, you now know how
to place a buy and sell order.
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For sure, in that way,
you can earn profit.
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It won't be big right away,
slowly but surely.
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And this time, I will show you how to
cash out our funds from PDAX.
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Here we have several ways,
just like the cash in.
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Let's go to PHP.
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Under online, they have InstaPay, PESONet
and Unionbank Fund Transfer.
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And here on Instapay,
the cash out is real time.
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For the cash out, I recommend Instapay.
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And we have many choices of banks
where you can send your money.
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In our case, BPI,
there is also BPI.
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There is also Globe GCash.
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And here on e-wallet, what
is available is Paymaya.
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Cashing out on Paymaya is also real time.
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And they also have over the counter,
in case you need cash right away
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through Cebuana Lhuiller and M Lhuiller.
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You can cash out within a day.
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You can also send out
your digital currencies.
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And this time, we'll tap on send.
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For example, Bitcoin.
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Tap on send.
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You only need to put the amount
of Bicoin that you want to send.
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And make sure that when you
paste your recipient address,
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if it's Bitcoin, it has
be a Bitcoin address.
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It it's XRP, you have to use XRP.
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And guys, one digit wrong,
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there is a tendency to lose your money.
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So be careful, double-check,
triple-check your wallet address input.
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And also, I will show my cash-out
history here on the screen
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from this exchange platform.
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So guys, do not miss these opportunities
that are waiting for you.
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Grab your device and start trading
digital assets using PDAX.
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So just a risk disclaimer,
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cryptocurrency trading and
owning digital assets
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come with inherent high risk
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as the price and value of such
assets are subject to market volatility.
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The prices may change rapidly and
potentially cause losses to you.
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Do not invest the money that you
need to use for important things.
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Discipline yourself when
in terms of money, okay?
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So you can also visit their website
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www.pdax.ph
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and download their mobile application.
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Available on Google Play and App store.
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And also guys, they have a
Telegram community.
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You can check them out, I will link it
also on our description box below.
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So that was all, guys.
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And thank you so much
for watching this video.
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And if you've enjoyed it, give this video
a like and subscribe to my channel.
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Click on the notification bell
to get notified of my uploads.
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And don't forget to
subscribe to Ninang Jhazel.
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So have a nice day, God bless and goodbye!
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