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PAX is approved and regulated by the New York State Department of Financial services, the currency is built on the Ethereum Blockchain. Offers decentralized accounting and fully centralized by the US Dollars. Trading fees for this pair are 0.1% for each transaction, and if you by default hold BNB in your account the trading fees for this pair will automatically subtract from your BNB balance. You will get 25% discount by using your BNB transaction fees.