Paxos no longer supports CBIT, Migrate to CUBIX Today!

Customers unable to make this switch can continue to make deposits or withdrawals through wire transfers. For more details, please visit: How to Fund Your Account With a Wire Transfer. 

Key Actions Required

Step 1: Connect Your Address Book

Paxos customers may connect their CUBI account to Paxos' Production CUBI account (dc17eb55-56e1-411e-81ef-b1fc00f34086) in one of the following ways:

1. Connect via CUBIX API
   1. Refer to API documentation here: https://cubiapi.readme.io/reference/post-addressbook-entries
   2. Submit a request via the CUBIX API with Paxos’ CUBI account as the target account
   3. Wait for Paxos to approve the request
   4. Once Paxos approves the request, you may deposit to and withdraw from the connected account as usual
2. Connect via CUBI web UI
   1. Log into the CUBI web UI.
   2. Navigate to the Address Book tab.
   3. Click the “Add” button under “Outgoing Requests”.
   4. Select the account to link to Paxos.
   5. Search for Paxos in the search box provided.
      1. Company name: Paxos Trust Company
      2. Account number: x6361
   6. Submit the address book request.
   7. Wait for Paxos to approve the request.
   8. Once approved, you can deposit to and withdraw from the connected account as usual.

Step 2: Begin Migration Steps

1. Enable CUBIX deposits from Paxos by accessing and saving your new Fiat deposit instructions for CUBIX.
   1. Click Deposit in Wallet UI and select USD.
   2. Select CUBIX.
   3. View CUBIX instructions, including Paxos Account ID and Transaction Memo.
   4. Perform a deposit to Paxos via CUBI web UI.
2. Enable CUBIX withdrawals from Paxos by creating new Fiat accounts for CUBIX.
   1. Click the General Setting icon on the top right of the Wallet UI.
   2. Click Saved Banks.
   3. Click Add Bank Account.
   4. Select CUBIX Account.
   5. Enter your CUBIX Account information. 
   6. Perform a withdrawal to your CUBIX account.
3. Alternatively, you can enable CUBIX deposits and withdrawals via our v2 API.

If you have any questions, please contact Paxos Support for further assistance.