PAX (Paxos Standard)

Paxos is the first fintech company to be directly regulated by the New York State Financial Services Authority, and pax is the stablecoin issued by it.

How to buy PAX (Paxos Standard) on Huobi?

Follow the easy 4 steps below to buy PAX (Paxos Standard) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and PAX (Paxos Standard) derivatives trading.
How to buy your first Bitcoin with 27 Fiat Currency options on Huobi?

Huobi Official Website

What is PAX (Paxos Standard)?

The Paxos Standard token is a brand new digital asset issued by the Paxos Trust Company and regulated by the New York Department of Financial Services, fully collateralized 1:1 with U.S. dollars.

Paxos Standard will allow participants to trade USD-backed and denominated assets by combining the advantages of blockchain technology with the oversight of financial regulators.

How to open a Crypto account with Huobi Global?
Guide – How to buy or sell Cryptocurrencies on Huobi?

Open Huobi’s Crypto Account