Company Profile
Company Profile
Review summary
| PAXOS Review Summary | |
| Founded | 2002 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Services | Crypto Brokerage, Wallet & Trading Infrastructure, Stablecoin Payments, Global Payments & Payouts, Stablecoin Issuance |
| Trading Platform | Web |
| Customer Support | Live chat |
| Phone: (855) 880 5275 | |
PAXOS Information
PAXOS was created in 2002 and is headquartered in the United States. Despite its presence in the digital asset and blockchain infrastructure market, it is not regulated by major financial regulators such as the FCA, ASIC, or CySEC. Through its API-first platform, the company offers crypto brokerage, wallet and trading infrastructure, stablecoin issuance, and cross-border payment solutions for institutions.
Pros and Cons
| Pros | Cons |
| Provides a wide range of services | No regulation |
| Supports cross-border payments and payouts | Limited information on fees |
| API-based platform suitable for developers and businesses |
Is PAXOS Legit?
PAXOS is registered in the United States, although it is not subject to any significant US financial regulatory authority. Furthermore, it lacks licenses from globally renowned regulators such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus). Please be aware of the risk!
According to a WHOIS domain lookup, the domain paxos.com was first registered on September 7, 2002 and is still operational. It will expire on September 7, 2025, and the last update occurred on August 3, 2024. The domain is subject to limitations such as “client delete prohibited,” “client transfer prohibited,” and “client update prohibited.”
Services
PAXOS provides regulated financial infrastructure for digital assets, including cryptocurrency brokerage, wallet and trading technology, stablecoin issuance, and cross-border payments.
Trading Platform
| Trading Platform | Supported | Available Devices |
| Paxos Web | ✔ | Web |
| Mobile App | ✘ | – |
| Desktop Software | ✘ | – |
Deposit and Withdrawal
Paxos does not publicly disclose any deposit or withdrawal fees for its stablecoin payment platform. Businesses that use its API-based infrastructure may suffer network (gas) costs when sending or receiving stablecoin transactions, which vary according on the blockchain used.
| Method | Fees (from Paxos) | Processing Time |
| Stablecoin Deposit | Network (gas) fee only | Near-instant (on-chain) |
| Stablecoin Withdrawal | Network (gas) fee only | Near-instant (on-chain) |
| Fiat Conversion (USD) | Not mentioned | Varies by bank/payment rail |
pra
Thailand
Scam, unable to withdraw💀
Exposure
robby2244
United States
I tried to pull my funds out but was never able to, I won't be able to do anything about it.
Exposure
robby2244
United States
1100 frozen and won't get released, was told by the person who got me to invest its a scam and I won't be able to do anything about it, that not even of I went to the authorities.
Exposure
M4613
Taiwan
Fraudulent use of pictures and fake investments. To withdraw money, you must pay a 50% deposit first.
Exposure
robby2244
United States
Can't log in to websites anymore.
Exposure
东风破
Indonesia
PAXOS’ s official website is self-contradictory and unprofessional, which indicates that this broker is very unreliable. What really annoyed me was that they called me crazily to ask me to make deposits!
Neutral
robby2244
United States
Customer care never answered, I was never able to withmy funds and now I can't log into my account and I know my log in and password are correct.
Exposure