Dear Bitunix Users,
PAX Gold (PAXG) is getting listed on Bitunix. The supported trading pair will be PAXG/USDT on the spot market and perpetual futures market.
Deposit & Withdrawal
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Deposits Effective Immediately
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Withdrawal: 08:00 on April 2, 2025 (UTC)
Spot Trading
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Spot trading for PAXG/USDT will start at 08:00 on April 2, 2025 (UTC).
Futures Trading
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Futures trading for for PAXG/USDT will start at 08:00 on April 2, 2025 (UTC), with up to 50x leverage supported.
*Please note:
Based on market risk conditions, Bitunix may adjust the parameters from time to time, which include the minimum moving price, maximum leverage, initial margin, and/or maintenance margin requirements.
The perpetual futures listed above are subject to the terms of the Bitunix Futures Services Agreement.
In the event of any discrepancies between the translated versions and the original English version, the English version shall take precedence.
Project Introduction
PAX Gold (PAXG)
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
The main goal behind Pax Gold is to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why Paxos Standard decided to create a cryptocurrency entirely backed by gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.
Official Website: https://www.paxos.com/pax-gold
Blockchain Explorer: https://etherscan.io/token/0x45804880de22913dafe09f4980848ece6ecbaf78
Regards,
Bitunix Team
April 2, 2025
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