Paxos supports buying, selling, depositing, and withdrawing* the assets listed below. Cryptocurrencies or tokens not listed on this page are not supported by Paxos.
Note: USD is the only fiat currency currently supported for deposits and withdrawals across the platform. Any trading pair that incorporates USD means those pairs are also available in USDP, PYUSD and BUSD. Please find our fee breakdown here.
Asset Backed Tokens
|
Coin or Token |
Network | Description |
|
USDP (Pax Dollar) |
Ethereum (ERC20) and Solana (SPL) | Backed 1:1 by USD held by Paxos with regulated financial institutions |
|
PYUSD (PayPal USD) |
ERC20 and Solana (SPL) | Backed 1:1 by USD held by Paxos with regulated financial institutions |
| **BUSD | Ethereum (ERC20) | Backed 1:1 by USD held by Paxos with regulated financial institutions |
| PAXG (PAX Gold) | Ethereum (ERC20) |
Backed 1:1 by 1 fine troy ounce of LBMA-accredited gold custodied by Paxos in professional gold vaults in London |
Note:
- Paxos only supports BUSD on ERC20 at this time. Please do not deposit BUSD via Binance Smart Chain (BSC).
- ** BUSD can only be deposited on-platform we no longer support withdrawals of BUSD.
Other Cryptocurrencies
| Coin or Token | Network | Spot | itBit Exchange Trading | Paxos OTC |
| Bitcoin (BTC) | BTC | BTC/USD | Yes | Yes |
| Ethereum (ETH) | ERC20 | ETH/USD | Yes | Yes |
| Bitcoin Cash (BCH) | BCH | BCH/USD | Yes | Yes |
| Litecoin (LTC) | LTC | LTC/USD | Yes | Yes |
| Aave (AAVE) | ERC20 | AAVE/USD | Yes | Yes |
| Uniswap (UNI) | ERC20 | UNI/USD | Yes | Yes |
| Chainlink (LINK) | ERC20 | LINK/USD | Yes | Yes |
| Polygon (MATIC) | ERC20 | N/A | No** | No** |
| Solana (SOL) | SOL | SOL/USD | Yes* | Yes |
*Please note that Paxos does not support retail trading or custody of SOL tokens in the United States or for US residents. Such users are unable to buy these assets on the Paxos platform.
** Starting 10/03/24, MATIC trading is disabled on itBit Exchange.
Please reach out to otc@itbit.com for any OTC inquiries.
FDIC Pass Through Insurance Disclosures