Now open for trading, cryptocurrency exchange LGO Markets has just introduced both Paxos Standard and USD Coin to the LGO exchange platform and integrated them with an existing BTC/USD spot market.
Clients now have the ability to fund BTC/USD trades in USDC and PAX. These coins will be credited on their USD balance 1:1.
Uniting different denominations of USD into a single order book will help grow LGO’s client base and liquidity. Clients who wish to fund their BTC/USD trades using PAX or USDC will be required to go through LGO’s onboarding process and will be able to begin trading on LGO within a matter of days.
Fiat USD, PAX and USDC will be amalgamated into a single order book for Bitcoin trading.
