PAX is the first exchange to introduce zero-fee trading. Existing exchanges charge a fee to trade. PAX makes money by selling access to its ? API, a feature that is open to every PAX client but primarily of use to market makers. And the biggest part: PAX is 1000x faster, and trades are executed in nanoseconds.
How is that possible? Instead of datacenters, Pax is built on microprocessors which means co-Location on a chip; you trade from inside the exchange, because silicon is inside. PAX is going to become the world’s fastest exchange and that has many implications.
Tekedia Capital recognizes Pax as our portfolio startup of the month, for the progress it has made on this mission ahead of launch. Led by an ex-US marine Stanford EE PhD, we have seen the tenacity, focus and call to duty on this. To learn more about PAX, go here https://pax.markets/ ; for Tekedia Capital capital.tekedia.com
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