What is PAX

1. Programme Name

Paxos (PAX)
 
2. Project Introduction

Issued by Paxos Trust Company and regulated by the New York State Department of Financial Services, Paxos Standard Token is a brand new digital asset which is fully collateralized by and redeemable one-to-one with USD. Paxos Standard will allow the participants who leverages advantages of the blockchain technology to trade with USD-endorsed and USD-denominated assets under the supervision of financial regulators.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.

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HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.