PAX goes to Binance. What is this coin?
One of the most advanced cryptocurrency platforms, Binance, would not be like this if it did not expand the number of coins presented. The company actively negotiates with new projects, checks the assets and takes them to the site. Everyone is worthy of attention, even little-known currencies. PAX was one of those. But today, this stablecoin will be released on the Binance platform. Here’s everything you need to know about cryptocurrency. This way, you will be able to know if the new coin is worth working with. So let’s get started.
A bit of theory
According to information from Binance, a new coin will be released on the platform today. The cryptocurrency is planned to be placed in pairs with such assets as BTC, BUSD and BNB. Quite well-known paired currencies will make it comfortable to operate with PAX. The sale and purchase of the new coin will begin on August 26, at 8 am Washington DC. Note also that PAX is already successfully operating on the well-known Kraken platform. The platform of the developer company also successfully uses its own asset to conduct operations. By the way, about the creators of the PAX platform. These are quite large entrepreneurs. In the next paragraph, we will discuss in detail this project and the local currency.
Should you work with PAX?
In fact, it is difficult to unequivocally answer this question. We cannot make serious predictions about the upcoming cryptocurrency development. However, the project is likely to be a success. The useful functionality can be used even by the largest platforms. Businesses from all over the world, in theory, can value PAX and invest in the company. Due to this, the price of the cryptocurrency will start to grow actively. However, this is only one of the options for the development of events. We will see a more detailed picture of events in the near future. But if you are confident in the prospects of PAX, buy some currency to diversify your investment portfolio. All capital, of course, is not worth investing.
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