Dear BitMart Users,
We will support the Paxos Standard (PAX) rebrand to Pax Dollar (USDP). Further details about this change are shown below:
Please note:
- At 2021-09-28 02:00 EDT, we will suspend PAX deposits and withdrawals. Please ensure that you leave sufficient time for your PAX deposits to be fully processed prior to the mentioned time.
- At 2021-09-28 02:00 AM EDT, we will halt trading for all PAX trading pairs (PAX/USDT, BTC/PAX, TERN/PAX), and the trading pairs will also subsequently be delisted from the exchange. We will then take a snapshot of all PAX balances and begin the distribution of USDP to all eligible users at a ratio of 1 PAX = 1 USDP.
- At 2021-09-28 04:00 AM EDT, we will open trading for the new USDP/USDT, BTC/USD, TERN/USD
- At 2021-09-28 04:00 AM EDT, deposits and withdrawals for USDP will be opened.
For further information, please refer to the following:
- The Digital Dollar that Always Equals a Dollar – Paxos Standard (PAX) is now Pax Dollar (USDP)
- More Information about USDP
ATTENTION: This announcement is only intended to be a legal disclosure to BitMart users. This is not investment advice, or an endorsement by BitMart as to the intrinsic value of a digital asset, or a commitment by BitMart team to support any specific asset/token that the announcement pertains to.
BitMart Team
Sept 27, 2021
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