Paxos(@Paxos):Ask five venues what Bitcoin costs right now and you’ll get five answers. Crypto has no consolidated tape and no single best price. The same token trades across exchanges, OTC desks and market makers at once, each with its own depth, fees and speed. This means that the venue an order routes to shapes what a client actually pays. Paxos sends every order across venues for the best price, then benchmarks each fill against our internal network of venues, and an outside reference.

2026.08.18 16:58

Ask five venues what Bitcoin costs right now and you’ll get five answers. Crypto has no consolidated tape and no single best price. The same token trades across exchanges, OTC desks and market makers at once, each with its own depth, fees and speed. This means that the venue an order routes to shapes what a client actually pays. Paxos sends every order across venues for the best price, then benchmarks each fill against our internal network of venues, and an outside reference.