Exchange Paxos Standard Token | Live PAX Price, Rates and News

Exchange PAX | Live Paxos Standard Token Price, Rates and News

Swap, Buy and Sell Paxos Standard Token Instantly

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Live PAX Price

Paxos Standard price at the moment is $1.00 with a circulation supply of 795409936.81 PAX.

Paxos Standard Token in a bag
price0.08641404% (24H)
1.0000 $
Paxos Standard Token 24-hour high
24H high
1.0000 $
Paxos Standard Token 24-hour low
24H low
0.9988 $

Paxos Standard Token price chart

Live PAX Price Change and Market Cap

At the moment, PAX price is $1.00. The 24-hour change as seen in the PAX price chart is 0.09%. The total market capitalization of Paxos Standard Token is $796556944.44 with a circulation supply of 795409936.81 PAX and the trading volume (24H) is $739673.81. In the last 24 hours, Paxos Standard price hit highs of $1.00 and lows of $1.00.

Paxos Standard Price Prediction

Unlike the traditional cryptocurrencies, Paxos Standard is a stablecoin whose value is backed by a reserve. PAX is backed by the US Dollar in a 1:1 ratio, this keeps the price of Paxos Standard equal to $1 and the market conditions will have little to no effect on its price. As a result, Paxos Standard price will be the same even in the long run.

Paxos Standard Exchange

On ChangeHero, you can exchange Paxos Standard against a wide range of cryptocurrencies. For your Paxos Standard exchange, we offer two types of rates – Best Rate, Fixed Rate. In the Best Rate Paxos Standard Token exchange, you will be given the best available rate in the market. Please note that the final amount of crypto you receive may vary slightly from the estimate. In the Fixed Rate Paxos Standard exchange, we fix a good rate for 15 minutes, it’s the best way to avoid volatility during the Paxos Standard exchange. Either way, we process your Paxos Standard exchange in a matter of minutes and send crypto safely to your wallet.

How to exchange Paxos Standard Token

ENTER THE AMOUNT & PROVIDE YOUR ADDRESS

01
Choose pax pair you want to trade and put your Wallet address(es).

Confirm your transaction

02
Check all the data one again and confirm your transaction.

Send pax

03
Relax a bit while we process the transaction. ChangeHero finds the best rate for the exchange, quickly converts your crypto and sends it safely to your wallet in a few minutes.

Wait for the exchange to complete

04
Wait a few minutes - your assets are on the way to your Wallet!
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What is Paxos Standard?

Rookies often complain about the volatility and how fickle cryptocurrencies are. There is a whole new category called Stablecoins which are specifically aimed at limiting the fluctuations and maintaining a stable value. Paxos Standard is a popular stablecoin developed in 2018 by Paxos, a New York-based financial institution.

Unlike other cryptocurrencies, Paxos Standard is backed by the US Dollar at a ratio of 1:1. This means, at any given point of time, the price of Paxos Standard will always be $1. Paxos Standard is an ERC-20 token and trades with the ticker PAX. Paxos Standard is widely used to enter or exit the market and also as a store of value to avoid market fluctuations. Paxos publishes regular audit reports of the fiat currency backing PAX. Moreover, Paxos Standard is certified by the New York State Department of Financial Services which adds legitimacy to the project.

Frequently Asked Questions

faq-arrow-down-iconWhat are the fees for Paxos Standard exchange?
We charge a low fee of 0.5% for your Paxos Standard exchange.
faq-arrow-down-iconHow long does it take to exchange Paxos Standard?
In general, it takes around 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.
faq-arrow-down-iconDo I need to complete a KYC procedure for exchanging PAX?
No, you are not required to complete a KYC procedure for Paxos Standard exchange. However, we may ask you to go through a verification procedure if our threat detection system raises an alarm.
faq-arrow-down-iconCan I buy Paxos Standard with Paypal?
No, we don’t accept Paypal. On ChangeHero you can buy PAX with other cryptocurrencies.
faq-arrow-down-iconWhere can I read the latest PAX news?
ChangeHero Blog is the best place to find all the latest PAX news. Give it a try and let us know what you think by commenting.
faq-arrow-down-iconHow can I monitor live PAX prices?
Check out the all-new PAX price chart we designed. It automatically updates the live PAX price over constantly.
faq-arrow-down-iconDo I need to create an account to exchange Paxos Standard?
ChangeHero is a completely account-free cryptocurrency exchange. You will not be asked to create an account for your Paxos Standard exchange.

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