Live Paxos Standard Token to Nano price
Currently, 1 PAX equals to undefined NANO. In the last 24 hours, the conversion rate for PAX to NANO was highest at 0.3222 NANO and the lowest was 0.3131 NANO.
Chart PAX ke NANO
Paxos Standard Token to Nano correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Nano 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 Nano.
PAX to NANO exchange margin
The closing conversion rate for PAX to NANO yesterday was 0.3188 NANO. Considering today’s exchange rate, a transaction of 1 PAX to NANO would result in an output of undefined NANO. Today, you will receive 0.3188 NANO less to your wallet.
How to convert Paxos Standard Token to Nano
Ikuti langkah mudah ini untuk menukar Paxos Standard Token
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Paxos Standard Token and Nano comparison
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.
Formerly known as RaiBlocks, Nano was developed by Colin LaMahieu in 2015. Though Bitcoin is the most popular cryptocurrency in the world, it falls behind when it comes to transaction processing rates. Nano aims to be a digital payment protocol by improving the scalability of the blockchain. To achieve this, Nano uses the Block Lattice which is a combination of Blockchain and Directed Acyclic Graph (DAG), a data structuring. Interestingly, a user doesn’t have to have a copy of the whole blockchain and store only their own blockchain called account-chain. This eliminates the need to wait for the transaction to be added to the main chain ultimately making the transaction to be processed extremely fast. An interesting fact about the project is the fee for transactions on Nano is absolutely zero. Fun Fact: NANO coins were issued not by ICOs or mining but through CAPTCHA faucets.
PAX and NANO are popular in the cryptocurrency market. PAX has a total market cap of 244689445 USD with a circulation supply of 244951954 PAX. NANO has a market cap of 421395309 USD with 133248297 NANO in circulation.
Paxos Standard Token to Nano price details
PAX to NANO Conversion Rate and Price
Currently, the conversion rate for 1 PAX equals to undefined NANO. The 24-hour highest price of Paxos Standard Token was 1.001 USD and the lowest was 0.9993 USD. In the same period, Nano hit highs of 3.189 USD and lows of 3.126 USD. In short, PAX price fell by -0.183866% and NANO decreased by -1.044231%.
Instantly Exchange PAX to NANO
On ChangeHero you can instantly exchange Paxos Standard Token to Nano without registrations. You can easily convert PAX to NANO in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your PAX to PAX exchange.
PAX to NANO Best Rate Exchange
In the the Best Rate exchange of Paxos Standard Token to Nano, we search through various exchanges for the PAX to NANO pair and find the best rate available in the market. We provide you with an estimation of the amount of NANO you will receive.
As soon as you accept the terms and the PAX is deposited, the exchange will be automatically processed. We remind you that the final amount of NANO you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAX to NANO.
PAX to NANO Fixed Rate Conversion
In the the Fixed Rate exchange of Paxos Standard Token to Nano, ChangeHero finds a good rate for the pair PAX to NANO and fix the rate for up to 15 minutes. In the Best Rate exchange of PAX to NANO, you will receive the exact amount of NANO 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 NANO address. ChangeHero is the best place to exchange PAX to NANO fast and safe at the best rates.