AscendEX will render support to Paxos Standard (PAX), facilitating its rebranding as Pax Dollar (USDP). Please see the details below:
- PAX/USDT trading will be temporarily suspended from 2:00 p.m., UTC on Sept. 15, 2021. All the pending orders will not be canceled.
- AscendEX will convert all PAX tokens held by users to USDP and distribute them at the ratio of 1 PAX: 1 USDP according to users’ PAX holding snapshots, taking place from 2:00 p.m. UTC to 2:15 p.m. UTC on Sept. 15, 2021.
- USDP/USDT trading will be resumed starting from 2:15 p.m. UTC on Sept. 15, 2021.
- PAX (USDP) deposit and withdrawal services will not be affected in the course of PAX’s rebranding.
Please read the details below for reference:
The Digital Dollar that Always Equals a Dollar – Paxos Standard (PAX) is now Pax Dollar (USDP)
More Information about USDP
Thank you for your continued support!
The AscendEX Team