Live Litecoin to Paxos Standard Token price
Currently, 1 LTC equals to undefined PAX. In the last 24 hours, the conversion rate for LTC to PAX was highest at 356.36 PAX and the lowest was 341.2 PAX.
Chart LTC ke PAX
Litecoin to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Litecoin 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 Litecoin.
LTC to PAX exchange margin
The closing conversion rate for LTC to PAX yesterday was 350.81 PAX. Considering today’s exchange rate, a transaction of 1 LTC to PAX would result in an output of undefined PAX. Today, you will receive 350.81 PAX less to your wallet.
How to convert Litecoin to Paxos Standard Token
Ikuti langkah mudah ini untuk menukar Litecoin
Enter the amount and provide your address
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Wait for the exchange to complete
Litecoin and Paxos Standard Token comparison
Widely known as the Bitcoin Lite, Litecoin was created by Charlie Lee in 2011 based on the Bitcoin source code. Contrary to the popular beliefs of being a Bitcoin fork, technically it’s not a fork and doesn’t share any transaction records with the former. Litecoin uses the Proof-of-Work algorithm for mining and also undergoes halvings to regulate the flow of new coins into the market. The network is also capable of conducting atomic swaps, exchanging crypto without any intermediaries. Litecoin trades with the ticker LTC and can be used to trade and pay at stores. Litecoin aims to be a digital currency that can be spent anywhere in the world with quick processing times and cheaper fees.
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.
LTC and PAX are popular in the cryptocurrency market. LTC has a total market cap of 23547233887 USD with a circulation supply of 66752415 LTC. PAX has a market cap of 908742533 USD with 909804609 PAX in circulation.
Litecoin to Paxos Standard Token price details
LTC to PAX Conversion Rate and Price
Currently, the conversion rate for 1 LTC equals to undefined PAX. The 24-hour highest price of Litecoin was 352.02 USD and the lowest was 343.07 USD. In the same period, Paxos Standard Token hit highs of 1 USD and lows of 0.9988 USD. In short, LTC price fell by -4.170918% and PAX decreased by -0.068902%.
Instantly Exchange LTC to PAX
On ChangeHero you can instantly exchange Litecoin to Paxos Standard Token without signup. You can easily convert LTC to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your LTC to LTC exchange.
LTC to PAX Best Rate Exchange
For the the Best Rate exchange of Litecoin to Paxos Standard Token, we search through various exchanges for the LTC 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 LTC 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 LTC to PAX.
LTC to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Litecoin to Paxos Standard Token, ChangeHero finds a good rate for the pair LTC to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of LTC 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 LTC to PAX fast and safe at the best rates.