Paxos logo

Paxos

exchange
Operational

NYDFS-regulated trust company and stablecoin issuer.

Platform Information

Founded

2012

Headquarters

New York, United States

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

Yes

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

Yes

About Paxos

Paxos is a New York-chartered trust company regulated by the NYDFS. It issues regulated stablecoins (PYUSD, USDP) and operates a settlement platform for institutional clients. Customer funds are held in segregated accounts and are bankruptcy-remote.

Security & Score

82

Platform Safety Score

82/100Good

Based on incident history, security features, and track record

No detailed security information available for Paxos.

Regulatory Information

Notes

New York-chartered trust company regulated by the NYDFS.

Incident History

No incidents recorded for this platform.

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