Does Paxos offer any custodial services for PAX Gold?
Yes, Paxos does offer custodial services for PAX Gold.
The Paxos Custody service is a secure, institutional-grade solution that provides customers with the ability to store their PAX Gold tokens in a secure and compliant manner. The service is provided by Paxos Trust Company, a regulated financial institution that is subject to the New York State Department of Financial Services (NYDFS) regulations. The Paxos Custody service provides customers with an array of features and benefits, including: • Secure storage of PAX Gold tokens in cold storage wallets; • 24/7 monitoring and protection against unauthorized access; • Comprehensive insurance coverage; • Access to a dedicated customer support team; • A streamlined onboarding process; and • Compliance with all applicable laws and regulations.
In addition, Paxos also offers its customers the ability to purchase PAX Gold tokens directly from its platform using USD or other supported fiat currencies. This allows customers to quickly and easily acquire PAX Gold tokens without having to go through the hassle of setting up an exchange account or dealing with third-party exchanges.