Dear Users,

AscendEX will render support to Paxos Standard (PAX), facilitating its rebranding as Pax Dollar (USDP). Please see the details below:

  1. 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.
  2. 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.
  3. USDP/USDT trading will be resumed starting from 2:15 p.m. UTC on Sept. 15, 2021.
  4. 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

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