Natmin Partners with Paxos

Lisa Cashen
Natmin Pure Escrow
Published in
2 min readFeb 26, 2019

It thrills us to announce today that we have partnered with Paxos.

PAX will be added to the Natmin Pure Escrow ecosystem as a stable token option for funding transactions within the escrow platform. What this means is once we release the full version of our platform, users can choose between NAT and PAX as a funding method for transactions.

So what is Paxos/PAX?

Paxos is the first Blockchain-powered Trust company. It is regulated by the New York State Department of Financial Services and has deep experience as an intermediary between fiat and digital assets. It offers no conversion fees, no PAX transaction fees, no redemption fees and no minimums for purchases or redemptions. It allows you to settle any digital transaction on the Ethereum blockchain with PAX to convert assets back into dollar-equivalent denominations 24/7, even outside of traditional banking hours.

Paxos Standard (PAX) is the first digital asset issued by a financial institution and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. You will always be able to redeem PAX for USD within one business day.

About Natmin Pure Escrow

Natmin Pure Escrow is a Blockchain-based platform that provides pure Escrow Services. Online fraud is a massive and ever-increasing problem, too many people are falling victim to fraudulent transactions and/or scam Escrow companies. Natmin combats this by providing users with a safe and secure platform where they can conduct transactions in peace, knowing their money is safe from fraud.

You can find out more on our website: https://www.natmin.io/

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