Live Bitcoin to Paxos Standard Token price
At the moment, 1 BTC equals to undefined PAX. In the last 24 hours, the conversion rate for BTC to PAX was highest at 35609.76 PAX and the lowest was 33723.51 PAX.
Chart BTC ke PAX
Bitcoin to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Bitcoin 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 Bitcoin.
BTC to PAX exchange margin
The closing conversion rate for BTC to PAX yesterday was 33788.16 PAX. Considering today’s exchange rate, a transaction of 1 BTC to PAX would result in an output of undefined PAX. Today, you will receive 33788.16 PAX less to your wallet.
How to convert Bitcoin to Paxos Standard Token
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Bitcoin and Paxos Standard Token comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
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.
BTC and PAX are popular in the cryptocurrency market. BTC has a total market cap of 65729429464 USD with a circulation supply of 1873965 BTC. PAX has a market cap of 794455152 USD with 793541418 PAX in circulation.
Bitcoin to Paxos Standard Token price details
BTC to PAX Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals to undefined PAX. The 24-hour highest price of Bitcoin was 35760.61 USD and the lowest was 34129.25 USD. In the same period, Paxos Standard Token hit highs of 1.002 USD and lows of 1 USD. In short, BTC price fell by -1.618594% and PAX increased by 0.073448%.
Instantly Exchange BTC to PAX
On ChangeHero you can instantly exchange Bitcoin to Paxos Standard Token without registrations. You can easily convert BTC to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to BTC exchange.
BTC to PAX Best Rate Exchange
For the the Best Rate exchange of Bitcoin to Paxos Standard Token, we search through various exchanges for the BTC 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 BTC 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 BTC to PAX.
BTC to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Bitcoin to Paxos Standard Token, ChangeHero finds a good rate for the pair BTC to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC 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 BTC to PAX fast and safe at the best rates.
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