+4.48% growth: How to Buy Paxos Standard (PAX) – A Step by Step Guide
CryptoBuyingTipshttps://cryptobuyingtips.com/guides/how-to-buy-paxos-standard-pax
What is PAX?
Paxos Standard (PAX) is a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens to 'transact at the speed of the internet'. It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a charter from the New York State Department of Financial Services, which allows it to offer regulated services in the cryptoasset space.
Currently PAX is being ranked 31 out of the top 100 cryptocurrencies on Coinmarketcap and has recently surged a hefty 4.48% at the time of writing.
PAX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy PAX.