Request to add PAXG/ETH trading pair on Binance

Hello Binance group!

I want to propose including a brand new trading pair: PAXG/ETH.

Why this pair is sensible:

1. Hedging alternative: PAXG is a token backed 1:1 by physical gold, permitting ETH holders to preserve value in a secure asset with out converting to fiat.
2. Direct entry: Presently, PAXG is simply quoted in BTC (PAXG/BTC) on Binance. There isn't any pair where PAXG is the quoted asset, so customers who need to buy PAXG with ETH should first convert ETH → BTC → PAXG or ETH → USDT → PAXG, which is inconvenient and adds additional fees.
3. Consumer demand: Many merchants need to convert ETH instantly into PAXG effectively.
4. Liquidity:
   • ETH has a 24h trading volume of over $45B.
   • PAXG has a 24h trading quantity of round $41.6M.
5. Advantages for Binance: Adding PAXG/ETH would improve trading exercise, appeal to users concerned about gold-backed crypto, and probably generate extra buying and selling fees for the change.

I consider many customers would respect the power to commerce PAXG instantly for ETH. In the event you help this, please upvote or comment to point out group interest.

Thank you on your attention!