Hotcoin Will Open Trading for PAXG

Dear users,

Hotcoin will be opening the trading for PAXG/USDT currency pair at 18:00 (GMT+8) on June.29th,2023, and the withdrawals of PAXG will be available at 18:00 (GMT+8) on June.30th,2023. For specific time of opening the deposit service, please wait for further notice.   
 
Project Description:
 
PAX Gold (PAXG) is a digital asset issued by Paxos. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.
A user can choose to redeem her PAXG tokens with Paxos, and receive the corresponding value her tokens represent in USD. If a user holds more than 430 PAXG tokens, she has the choice to redeem her tokens in exchange for physical gold bars.
 
Official Website：https://paxos.com/paxgold/               
White Paper：https://paxos.com/wp-content/uploads/2019/09/PAX-Gold-Whitepaper.pdf               
Token Type：  ERC20               
Smart Contract Address：  0x45804880de22913dafe09f4980848ece6ecbaf78               
Blockchain Explorer：   https://etherscan.io/token/0x45804880de22913dafe09f4980848ece6ecbaf78
 
Risk Warning :
 
Digital crypto asset is a type of investment product with high risk, and partial projects of high market attention may also produce overvaluations, bubble economic phenomenon, behaviors that deviates from the truly demands or marketing hype, and thus user will suffering from partial asset losses or total loss. Users shall involved in these project cautiously, and carefully taking the experience of trading digital assets into consideration and the degree of bearing various loss risks before starting the transaction. Hotcoin will emphasize the transparency for projects and request for governance structure publicly, but we shall not bear the liability of guarantee, compensation and other liabilities for investment behaviors. We will continue to provide you with better products and services.
 
Thanks for your supporting to Hotcoin, we’re looking forward to your valuable suggestions.
 
Hotcoin
June.29th,2023
 
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Hotcoin reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.