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Paxos to power crypto exchange function for Uruguay digital money app Prex » CryptoNinjas

Paxos, a bitcoin & crypto exchange service firm, introduced as we speak that Prex, a well-liked Uruguay-based digital money app with a pay as you go card, will quickly supply cryptocurrency shopping for, promoting, and holding capabilities for their 700,000 Uruguayan customers, and might be powered by Paxos Crypto Brokerage resolution.

Shortly, Prex customers might be in a position to add money to their account, and as soon as funded, Prex will allow its prospects to purchase Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX Gold by its app; on Google Play or Apple’s App Store; with extra markets coming in 2022.

“With Paxos Crypto Brokerage, Prex was able to integrate Paxos APIs into their platform. Prex knows their customers’ needs best, so they manage the customer interactions while Paxos manages the crypto markets and custody on the back end. Because Paxos is a regulated solution that operates with the highest standards for operation, Prex was able to reassure its regulators that its new features could be trusted by all Uruguayans.”
– The Paxos Team

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