Paxos Standard Token (PAX)

Paxos Standard Token

What is Paxos Standard Token?

Paxos Standard combines US Dollar stability with the efficiency of blockchain technology. It could be used for instant P2P transfers, commerce, trading and holding. PAX is a stablecoin, backed 1:1 for the dollar and it’s issued by the Paxos Trust Company, so the funds are carefully protected, audited and regulated.

What are the Paxos advantages?

  • Regular audits. There are monthly audits and attestations reports are available online.

  • Ecosystem. PAX is listed on 90+ exchanges, OTC desks and wallets.

How to store PAX coin?

PAX is an ERC20 Ethereum based token and can be stored on standard Ethereum wallets including MyEtherWallet, MetaMask and many others.

How to buy PAX coin?

All major exchanges list PAX: Binance, Huobi, KuCoin, Okcoin, Bittrex, HitBTC; plus smaller ones. You may always check the most relevant PAX price on CoinMarketCap.

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