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Binance Will List Paxos Standard Token (PAX) and Opens Deposits

2018-09-21 05:36

Fellow Binancians,

Binance has opened deposits for Paxos Standard Token (PAX). Trading for PAX/BNB and PAX/BTC trading pairs will open at a later date and we will make a separate announcement prior to this.

Note: PAX is a stablecoin issued by the Paxos Trust Company and is designed to be pegged one-to-one with USD (1 PAX = $1 USD). Please be cautious if/when the price deviates from this ratio.

Additionally, for increased transparency, Paxos has engaged a top-ranking auditing firm to release monthly balance attestations of the corresponding PAX and USD balances held/issued.

Learn more about Paxos Standard Token (PAX)!

Thanks for your support!

Binance Team

2018/09/21

 

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