Is it safe to trade on Binance?

Security. Binance’s security features include two-factor authentication (2FA) via the Google Authenticator app or short message service (SMS), address whitelisting, device management, and the ability to restrict device access. The Binance.us platform also provides FDIC insurance on all U.S. dollar balances .

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What is PAXG on Binance?

PAX Gold (PAXG) is a digital asset issued by Paxos . Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.

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