Live BNB Mainnet to Paxos Standard Token price
Currently, 1 BNB equals to undefined PAX. In the last 24 hours, the conversion rate for BNB to PAX was highest at 43.32 PAX and the lowest was 39.22 PAX.
Chart BNB ke PAX
BNB Mainnet to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. BNB Mainnet is a cryptocurrency whose price depends on the supply, demand and other market conditions. There is no correlation or any strong relationship between Paxos Standard Token and BNB Mainnet.
BNB to PAX exchange margin
The closing conversion rate for BNB to PAX yesterday was 41.35 PAX. Considering today’s exchange rate, a transaction of 1 BNB to PAX would result in an output of undefined PAX. Today, you will receive 41.35 PAX less to your wallet.
How to convert BNB Mainnet to Paxos Standard Token
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BNB Mainnet and Paxos Standard Token comparison
Binance CoinWallets is the cryptocurrency issued by the popular cryptocurrency exchange Binance. It was initially launched as an ERC-20 token through an ICO in 2017 and migrated to the Binance Chain in 2019. Binance CoinWallets is traded with the ticker BNB and functions mostly as a utility token for the Binance exchange. Unlike halving in Bitcoin rewards, Binance CoinWallets conducts quarterly burning of BNB tokens to keep the value of the token intact. The burn events are planned to be continued till 50% of the total supply of BNB, 100 Million, is reached. BNB can be used to pay trading fees on Binance Exchange at a discount, as a means of payment in Binance DEX, fund IEOs and can also be spent at select stores.
Paxos Standard is a stablecoin launched in 2018 by Paxos, a financial institution based in New York. Paxos Standard is backed by the traditional fiat currencies like USD in the ratio 1:1 which make its value stable all the time and 1PAX equals to $1. It was launched amidst the Tether controversy in which USDT was criticized for issuing tether out of thin air in 2018 without a proper backing by the assets. Paxos aims to resolve this by holding the collateral in FDIC-insured banks and also publishes reports of audits conducted. To add an extra layer of authenticity, Paxos is certified by the New York State Department of Financial Services. PAX is an ERC-20 token and can be used for cross-border transactions, making payments at merchants and also as a store of value.
BNB and PAX are popular in the cryptocurrency market. BNB has a total market cap of 6297271941 USD with a circulation supply of 154532785 BNB. PAX has a market cap of 245168637 USD with 244951954 PAX in circulation.
BNB Mainnet to Paxos Standard Token price details
BNB to PAX Conversion Rate and Price
Currently, the conversion rate for 1 BNB equals to undefined PAX. The 24-hour highest price of BNB Mainnet was 42.54 USD and the lowest was 40.15 USD. In the same period, Paxos Standard Token hit highs of 1.001 USD and lows of 0.999 USD. In short, BNB price fell by -3.49699% and PAX increased by 0.273209%.
Instantly Exchange BNB to PAX
On ChangeHero you can instantly exchange BNB Mainnet to Paxos Standard Token without registrations. You can easily convert BNB to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BNB to BNB exchange.
BNB to PAX Best Rate Exchange
For the the Best Rate exchange of BNB Mainnet to Paxos Standard Token, we search through various exchanges for the BNB to PAX pair and find the best rate available in the market. We provide you with an estimation of the amount of PAX you will receive.
As soon as you accept the terms and the BNB is deposited, the exchange will be automatically processed. We remind you that the final amount of PAX you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BNB to PAX.
BNB to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of BNB Mainnet to Paxos Standard Token, ChangeHero finds a good rate for the pair BNB to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of BNB to PAX, you will receive the exact amount of PAX 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 PAX address. ChangeHero is the best place to exchange BNB to PAX fast and safe at the best rates.