Paxos
Cryptocurrency custody software
Cryptocurrency exchanges
Blockchain software
Cryptocurrency software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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What is Paxos
Paxos is a regulated blockchain infrastructure platform that provides crypto brokerage, custody, settlement, and tokenization services for enterprises. It is used by fintechs, banks, and marketplaces to offer crypto trading and digital-asset services through APIs rather than operating their own exchange and custody stack. The product set includes custody and settlement services, a brokerage/trading API, and issuance infrastructure for regulated digital assets (e.g., stablecoins) depending on jurisdiction and program structure.
Enterprise APIs for crypto services
Paxos provides API-based brokerage, custody, and settlement capabilities designed for embedding into third-party applications. This supports use cases such as offering crypto buy/sell, transfers, and asset servicing without building a full exchange stack. Compared with end-user wallets, the focus is on programmatic integration, controls, and operational workflows for institutions.
Regulated custody and settlement
Paxos operates with a regulatory posture oriented toward institutional clients, including custody and settlement services under applicable licenses. This can simplify vendor risk reviews for organizations that require regulated counterparties. It also supports operational processes such as reporting, reconciliation, and controlled asset movement that are typical in institutional custody programs.
Tokenization and stablecoin infrastructure
Paxos offers infrastructure for issuing and managing regulated digital assets (program-dependent), including stablecoin-related capabilities. This is relevant for enterprises that need mint/burn workflows, reserve-related operations, and on-chain distribution controls. The combination of custody, settlement, and issuance tooling can reduce the number of vendors required for certain digital-asset programs.
Not a retail-first exchange
Paxos is primarily positioned as infrastructure for enterprises rather than a consumer trading venue. Organizations seeking a full-featured retail exchange experience (advanced charting, broad retail features, and direct consumer onboarding) may need additional components or a different product type. The product fit is strongest for embedded finance and institutional workflows.
Asset and jurisdiction coverage varies
Supported assets, networks, and services can vary by jurisdiction, licensing scope, and specific program terms. Enterprises may need to validate availability for the exact coins, chains, and transaction types required. This can add lead time during procurement and integration compared with more standardized, globally uniform offerings.
Compliance and onboarding overhead
Institutional onboarding typically involves KYC/KYB, sanctions screening, and ongoing compliance requirements that can be more involved than self-serve platforms. This can slow time-to-launch for smaller teams or early-stage products. Ongoing monitoring and reporting obligations may also require dedicated operational resources.
Plan & Pricing
Pricing model: Pay-as-you-go
Free tier/trial: No permanently free subscription tier or time-limited trial indicated for Paxos platform products (institutional products are commercial/usage-based).
Example costs & fees (official Paxos site):
- OTC desk: 0.10% (10 basis points) fee on notional value; minimum OTC trade size $100,000 USD notional. Additional pre-fund requirement: fund with a minimum of $150,000 USD if not meeting trade within 5 business days. (OTC fees and minimums).
- PAX Gold (PAXG) creation & destruction fees (charged in PAXG):
- 0.03 t oz minimum purchase; for token order sizes:
- 0.03 < 2 PAXG: 0.02 PAXG (flat amount)
- 2 < 25 PAXG: 1.000%
- 25 < 50 PAXG: 0.750%
- 50 < 75 PAXG: 0.500%
- 75 < 200 PAXG: 0.250%
- 200 < 800 PAXG: 0.150%
- 800+ PAXG: 0.125%
- Note: PAXG creation fees were waived on purchases through 2026-03-31 (promotion) per the PAXG help page; thereafter standard rates apply.
- 0.03 t oz minimum purchase; for token order sizes:
- Fiat USD deposit & withdrawal fees:
- Wire deposit: None (US & International)
- Wire withdrawal: $25 USD (U.S.); $35 USD (International)
- CUBIX deposit/withdrawal: None
- Exchange trading (itBit) fee model: maker-taker fee model (maker orders pay lower fees than taker orders); detailed fee table varies by asset pair and is published as the official fee table on the Trading Fee Structure page (fee table graphic on site).
- Account inactivity fee: $2.00 USD monthly charge if you maintain a non-zero balance and there has been no trading activity on the account for 12 months or longer (auto-debited).
Notes & sales/contact:
- Many institutional products and custody services reference Pricing Supplement or direct sales contact (e.g., custody@paxos.com) for fees and detailed pricing; several services are custom/enterprise and do not list standard per-seat or per-month plans on the public site.
Seller details
Paxos Trust Company
New York, New York, United States
2012
Private
https://www.paxos.com/
https://x.com/paxos
https://www.linkedin.com/company/paxos
