PAXG to DAI conversion chart
Pax Gold to DAI correlation
DAI and PAXG are not correlated to each other as PAXG's value depends on supply and demand. Whereas, DAI is a stablecoin that is backed by traditional fiats like the dollar and the euro. DAI’s value remains the same, which is $1 regardless of the market conditions. Hence, PAXG and DAI do not share a strong relationship.
PAXG to DAI exchange margin
Considering today’s exchange rate, a transaction of 1 PAXG to DAI would result in an output of 1868.23 DAI.
Enter the amount and provide your address
Enter the amount of PAXG and click "Exchange". Provide the DAI wallet address.
Confirm your transaction
Check all the data once again and confirm your transaction.
ChangeHero will generate a deposit address, use your Wallet to send PAXG there.
Wait for the exchange to complete
Wait a few minutes — your DAI is on the way to your Wallet!
Pax Gold and DAI comparison
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
DAI is a crypto-collateralized stablecoin soft-pegged to USD. It means that while its price is always roughly equal to $1, its value is not backed by USD but by other cryptocurrencies. In DAI’s case, it is the cryptocurrencies locked into the Maker protocol as the collateral.
Pax Gold to DAI price details
PAXG to DAI Conversion Rate and Price
Currently, the conversion rate for 1 PAXG equals to 1868.23 DAI. The 24-hour highest price of Pax Gold in relation to DAI was 1901.18 DAI and the lowest was 1837.2 DAI. In short, PAXG price in relation to DAI changed by 0.51%.
Instantly Exchange PAXG to DAI
On ChangeHero you can instantly exchange Pax Gold to DAI without registrations. You can easily convert PAXG to DAI in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your PAXG to DAI exchange.
PAXG to DAI Best Rate Exchange
In the Best Rate exchange of Pax Gold to DAI, we search through various exchanges for the PAXG to DAI pair and find the best rate available in the market. We provide you with an estimation of the amount of DAI you will receive.
As soon as you accept the terms and the PAXG is deposited, the exchange will be automatically processed. We remind you that the final amount of DAI you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAXG to DAI.
PAXG to DAI Fixed Rate Conversion
In the Fixed Rate exchange of Pax Gold to DAI, ChangeHero finds a good rate for the pair PAXG to DAI and fix the rate for up to 15 minutes. In the Best Rate exchange of PAXG to DAI, you will receive the exact amount of DAI 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 mentioned DAI address. ChangeHero is the best place to exchange PAXG to DAI fast and safe at the best rates.
Frequently asked questions
How long does it take to convert PAXG to DAI?
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 PAXG to DAI?
No, you do not require an account to swap PAXG to DAI on ChangeHero. There will be no registrations for your Pax Gold to DAI transaction.
Do I need to go through KYC procedures for PAXG to DAI exchange?
There will be no KYC for the PAXG to DAI 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 DAI to PAXG?
Yes, you can instantly exchange DAI to PAXG on ChangeHero.