Is Pax crypto safe?

Is PAX Gold safe? Yes . Paxos, the custodian behind PAX Gold, is regulated by the New York State Department of Financial Services (DFS). The currency is also backed by gold that is kept behind the world’s most secure vaults.

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Pax hangi para birimi?

Paxos, Amerikan Doları’nın dijitalleştirilmesi hedefi ile birlikte zaman ve mekan farketmeksizin para transferi gerçekleştirmek için geliştirilmiştir. PAX , Blockchain teknolojisi ile birlikte Amerikan Doları’nın sabit olma özelliği ile önem arz eden bir stablecoin’dir.

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Is Pax backed by USD?

Each Paxos Standard stablecoin token is fully backed by an appropriate dollar reserve held at U.S.-domiciled Federal Deposit Insurance Corporation (FDIC)-insured banks . Auditing firm Withum will be responsible for the necessary attestation procedures on the reserve accounts and PAX tokens on a month-end basis.

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