Friday , January 15 2021

Binance will add Paxos token pairs to the Steylcoin combined market



With regard to the trading volume, Binance's cryptoconferencing exchange will add six commercial parks to the Paxos Standard Token (PAX) stablecox.

The negotiations between BNB / PAX, BTC / PAX, ETH / PAX, XRP / PAX, EOS / PAX and XLM / PAX will start on November 29.

At the same time, the pairs with PAX / BNB, PAX / BTC and PAX / ETH will be removed on November 30.

"Since the launch of less than two months ago, PAX's request is growing rapidly, which makes it clear to traders that stable, regulated, and transparent steblecoin is needed., Paxos, Charles Cascarillus, CEO and CEO. – Binanz responds to this demand for merchants to easily market their purchasers. We're sure that the market for cryptor grows in confidence and becomes more sustainable. "

Today, the steady turn of paxos for the dollar is ranked 35 in the CoinMarketCap rating:

The PAX market offer is 137.3 million.

Paxos (in the past – it Bitstream) was created in 2012. Over time, the company expanded its range of activities. Thus, in collaboration with the Euroclear Paxos company, he participated in the testing of blockchain platform for the negotiation of precious metals.

In March, Paxos completed the financing finalization aimed at the B level. Thus, the startup invested $ 65 million in venture capital investments to develop blockchain solutions. Earlier this year, he was graduated from the Department of Financial Services of New York.

Remember that, on November 26, Binantz announced the decision to change the USDT market name in the combined market steakcoins (USDⓈ).

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