Paxos Standard Token (PAX) Stablecoin Sees KuCoin Coin Exchange Addition

New Paxos Standard Token (PAX) to Be Added to KuCoin’s Market

In an announcement on the official KuCoin website, it seems that the platform has decided to list their new digital asset – the Paxos Standard Token (PAX). It opens the PAX market for deposit, along with many other services. PAX is meant to be a “liquid, digital alternative to cash that is available 24/7 for instantaneous transaction settlement,” according to KuCoin.

During this new listing, traders will be able to trade with three pairs right now, involving BTC, ETH, and USDT, which will be added to the platform on October 15th at 22:00 (UTC+8). Withdrawals on these investments will open two days later on October 17th at 20:00 (UTC+8). As a way to promote more investors to participate while the token is onboarded, the company is offering a 99% discount on the trading fees from October 15th to October 22nd.

At this point, PAXOS is the “the world’s first regulated stablecoin issued by Paxos.” Consumers can learn more about the token by visiting paxos.com

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Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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