What does the Phoenix Exchange mean (Paxos Exchange)
What does the Phoenix Exchange mean? According to official sources, as of now, t
What does the Phoenix Exchange mean? According to official sources, as of now, the exchanges supported by the professional cryptocurrency trading platform Phenix have accumulated over 350,000 registered users. This includes major global decentralized financial protocol and wallet providers such as Binance, Huobi, and Bitfinex. Binance was recognized as a securities exchange by the UK FCA in 2018 and became one of the European regulatory agencies. It is one of the earliest companies to enter the cryptocurrency market.
According to official introductions, PoonIX, a spinach-like exchange, is a decentralized virtual asset trading service platform initiated and founded by well-known investor John Deaton.
Paxos Exchange
According to Coindesk, Paxos Exchange announced the launch of a new cryptocurrency trading platform. According to official sources, the native token PAX of the platform will soon be traded and transferred on the Paxos network. It is reported that Paxos was founded in 2014 by former Goldman Sachs partner Charles Cascarilla and obtained approval from the US Securities and Exchange Commission. Currently, Paxos has passed two audits, but one of them has close cooperation with regulatory agencies.
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