You can now start buying Paxos (PAX) by credit card, cash or wire transfer.
You can use the following FIAT currencies to purchase Paxos (PAX) by credit card:
USD: US Dollar
GBP: British Pound
CNY: Chinese Yuan Renminbi
CAD: Canadian Dollar
SEK: Swedish Krona
NOK: Norwegian krone
DKK: Danish krone
KRW: South Korean Won
TRY: Turkish Lira
SGD: Singapore Dollar
HKD: Hong Kong Dollar
JPY: Japanese Yen
AUD: Australian Dollar
ZAR: South African Rand
Many countries and regions can benefit from our services. Click here to see the full list.
About Paxos (PAX)
Paxos Standard™ is the world's first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.
Built on the Ethereum blockchain, it offers the benefits of crypto-assets such as immutability and decentralized accounting. Since it is fully collateralized by dollars, Paxos Standard offers a liquid, digital alternative to cash that is available 24/7 for instantaneous transaction settlement and is fully redeemable. As a Trust company, Paxos is a fiduciary and qualified custodian of customer funds, and can therefore offer greater protections for customer assets than any other existing stablecoin.
Dollar deposits used to purchase PAX from Paxos.com are always held in segregated accounts at multiple FDIC-insured U.S.-domiciled banks. Verified Paxos customers can purchase and redeem tokens directly through Paxos.com on a 1:1 basis with USD.
Paxos Standard has been designed as an Ethereum token written according to the ERC-20 protocol, so that anyone with an Ethereum wallet will be able to send and receive Paxos Standard tokens. The smart contract has been audited by smart contract auditors Nomic Labs and ChainSecurity, and nationally top-ranking auditing firm Withum will perform attestation procedures on our token and bank account balances on a month-end basis.
More infos on : https://www.paxos.com/