The Paxos wallet supports the following asset-backed tokens:
- Paxos Standard (PAX) - backed 1:1 by USD custodied by Paxos in FDIC Insured US Banks
- *Binance USD (BUSD) - backed 1:1 by USD custodied by Paxos in FDIC Insured US Banks
- **Huobi USD (HUSD) - backed 1:1 by USD custodied by Paxos in FDIC Insured US Banks
- PAX Gold (PAXG) - backed 1:1 by 1 fine troy ounce of LBMA-accredited gold custodied by Paxos in professional gold vaults in London
*Paxos only supports ERC20 BUSD at this time
**Huobi USD (HUSD) is available to non-US customers only
The Paxos wallet also supports the following digital assets:
- Bitcoin (BTC)
- Ethereum (ETH)
- *Bitcoin Cash (BCH)
- Litecoin (LTC)
*BCHABC. On 15 Nov 2019, Bitcoin Cash was hard-forked and split into two separate chains, Bitcoin ABC (BCH) and BitcoinSV (BSV). Note that BSV is NOT supported on Paxos.
**itBit Exchange Trading is available for BTC/USD, ETH/USD, PAXG/USD, BCH/USD and LTC/USD.
**Any trading pair that incorporates USD means those pairs are also available in PAX & BUSD
The OTC Trading Desk supports the following digital assets:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Stellar Lumens (XLM)
Please reach out to otc@itbit.com for any OTC inquiries.
Note: USD is the only fiat currency that is currently supported for deposits and withdrawals across the platform.