Pax Dollar to Chainlink correlation
LINK and USDP are not correlated to each other as LINK’s value depends on the supply and demand. Whereas, USDP is a stable coin which is backed by traditional fiats like the dollar and the euro. USDP’s value remains the same, which is $1 regardless of the market conditions. Hence, LINK and USDP do not share a strong relationship.
Live USDP Price Change and Market Cap
As of now, the USDP price is 0$. The 24-hour change according to the USDP price chart is 0.00%. The total market capitalization of Pax Dollar today is $0 with a circulation supply of 0 USDP. In the previous 24 hours, the Pax Dollar price hit highs of 0$ and lows of 0$.
Pax Dollar Price Prediction
Pax Dollar is a stablecoin launched by the Paxos. As the value of USDP is backed by the US Dollar, the price will not go through any changes. The peg is in the ratio of 1:1 which means that USDP price will always be equal to $1 in any given time regardless of the market conditions. So, in the short-term and even in the long-run the Pax Dollar price will remain more or less the same.
USDP to LINK exchange margin
The closing conversion rate for USDP to LINK yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDP to LINK would result in an output of 0$.
How to convert Pax Dollar to Chainlink
Pax Dollar and Chainlink comparison
Pax Dollar belongs to a new domain of cryptocurrencies called stablecoins. Every USDP token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind Pax Dollar publishes real-time data about the escrow accounts holding USD.
Chainlink is a blockchain platform launched in the year 2017 with the LINK tokens ICO sale. Blockchains cannot communicate with the real world. In other words, data on the blockchain stays on-chain and data from the outside cannot be fed in. Chainlink is fixing this by the use of oracles. Chainlink connects the real-world applications, data and API to the blockchains like Ethereum, Bitcoin. Chainlink unleashed the potential of the smart contracts in which real-time data is being used to change, process and conclude transactions, contracts instantly.
What is Pax Dollar?
Previously known as Paxos Standard, Pax Dollar is a stablecoin — a token the price of which is pegged to another currency, in USDP's case it is USD.
Pax Dollar is an ERC-20 token and USDP is its trading ticker. It can be held or traded similarly to other cryptocurrencies. The value of 1 BUSD will always be equal to $1 regardless of the market conditions. Paxos acts as the custodian for the US Dollars that back the USDP and has an appropriate license.
Pax Dollar to Chainlink price details
USDP to LINK Conversion Rate and Price
At the moment, the conversion rate for 1 USDP equals to 0$. The 24-hour highest price of Pax Dollar in relation to LINK was 0$ and the lowest was 0$. In short, USDP price in relation to LINK changed by 0.00%.
Instantly Exchange USDP to LINK
On ChangeHero you can instantly exchange Pax Dollar to Chainlink without registrations. You can easily convert USDP to LINK in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDP to LINK exchange.
USDP to LINK Best Rate Exchange
In the the Best Rate exchange of Pax Dollar to Chainlink, we search through various exchanges for the USDP to LINK pair and find the best rate available in the market. We provide you with an estimation of the amount of LINK you will receive.
As soon as you accept the terms and the USDP is deposited, the exchange will be automatically processed. We remind you that the final amount of LINK you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDP to LINK.
USDP to LINK Fixed Rate Conversion
In the the Fixed Rate exchange of Pax Dollar to Chainlink, ChangeHero finds a good rate for the pair USDP to LINK and fix the rate for up to 15 minutes. In the Best Rate exchange of USDP to LINK, you will receive the exact amount of LINK which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified LINK address. ChangeHero is the best place to exchange USDP to LINK fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDP to LINK?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange USDP to LINK?
No, you do not require an account to swap USDP to LINK on ChangeHero. There will be no registrations for your Pax Dollar to Chainlink transaction.
Do I need to go through KYC procedures for USDP to LINK exchange?
There will be no KYC for the USDP to LINK exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange LINK to USDP?
Yes, you can instantly exchange LINK to USDP on ChangeHero.
