Dear ABCC users,
ABCC has now added a new cryptocurrency, PAX, for trading. This has increased our trading pairs to include PAX/BTC and PAX/USDT.
Paxos Standard is the first digital asset issued by a financial institution and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. It is compatible with the Ethereum wallet that supports ERC20 Tokens.
Paxos is the first Blockchain-powered Trust regulated by the New York Statement of Financial Services. By operating with blockchain technology, Paxos is able to exchange assets and payments simultaneously, which eliminates settlement risk. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley.
You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.