Get Started
Complete Onboarding
Onboard an Entity to start using the Paxos platform.
Go here to try Paxos Dashboard features in a sandbox environment.After signing up, select Bypass Onboarding to get started.
Depending on your business structure and operating jurisdiction, the review process can take anywhere from a day to weeks.
1. Gather Supporting Documents
The list below can be used as a general guide for most institutions. Paxos may reach out to you for additional documentation as needed.Valid ID
Valid ID
Provide a scanned color document (i.e., valid passport, driver’s license, or national ID) for all Beneficial Owners, Authorized Users, and Persons with Management Control.This information is required for all platform users meeting the criteria, even if you have provided this previously.
Proof of Residential Address
Proof of Residential Address
Provide a scanned PDF not older than 6 months (e.g., utility bill, cell phone bill, or bank statement) for all Beneficial Owners, Authorized Users, and Persons with Management Control.This information is required for all platform users meeting the criteria, even if you have provided this previously.
Proof of Funds
Proof of Funds
Bank statement or other equivalent document clearly showing the ownership under the Institution’s name and dated within the last 6 months. Provide Proof of Funds substantiating requested trading volume.
Organizational Documents
Organizational Documents
Provide two of the following documents:
- Certificate of Incorporation
- Articles of Incorporation
- Certificate of Formation
- Articles of Organization
- National/State Government Registry filings, or equivalent
Evidence of Tax Identification Number / Registration Number
Evidence of Tax Identification Number / Registration Number
Ensure the number is issued by the Internal Revenue Service (for US entities) or relevant governing body (for international entities).
Certificate of Good Standing or Equivalent
Certificate of Good Standing or Equivalent
All Institutions that have been established for longer than 1 year must provide this document. This must be a document issued by a government registry and must be dated within the past year.
2. Enter Business Information
Provide basic business (Institution) details to help determine onboarding requirements and ensure your use of the Paxos platform complies to the proper regulations and requirements for the jurisdiction. You will need to provide the following:- Institution type, incorporation ID type and incorporation ID.
- The legal incorporation address.
Funding Details
Let Paxos know what industry sector your business operates in, the USD volume you expect to move to the Paxos platform, as well as the source of funds.Suitability Assessment
Depending on the business jurisdiction, provide additional details regarding your business to ensure compliance with regional requirements when using the Paxos platform.Business Members
Add personal identifying information for individuals that have a leadership role in the business. Minimally, you will need to add a beneficial owner and a person with management control. Depending on your business structure, you may need to add multiple persons. An individual can perform more than one role.3. Review and Accept Terms
Review and accept all applicable terms and conditions, pricing and fee information before reviewing and accepting the entity onboarding information you provided.4. Upload Documents
Before you can complete onboarding, provide Paxos with supporting documents for your organization. You an upload the documents in the web application. Paxos may reach out to you for additional documentation as needed.5. Verify ID
When the supporting documents are accepted, the final step is to provide individual identify information, which usually consists of providing a government issued ID such as passport, national ID card or driver license and taking a real-time “selfie” photo of you holding your ID.Tips to avoid common errors during ID verification:
- Make sure your webcam is enabled in your browser.
- When uploading your ID, ensure all four corners are visible, the text is clear and legible, and the ID is not expired.
- For the real-time “selfie” photo, do not use a professional headshot. Take a new photo of yourself holding your ID document at or near the time of onboarding.