Live Paxos Standard Token to OMG Network price
Currently, 1 PAX equals to undefined OMG. In the last 24 hours, the conversion rate for PAX to OMG was highest at 0.08933 OMG and the lowest was 0.07917 OMG.
Chart PAX ke OMG
Paxos Standard Token to OMG Network correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. OMG Network 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 OMG Network.
PAX to OMG exchange margin
The closing conversion rate for PAX to OMG yesterday was 0.08723 OMG. Considering today’s exchange rate, a transaction of 1 PAX to OMG would result in an output of undefined OMG. Today, you will receive 0.08723 OMG less to your wallet.
How to convert Paxos Standard Token to OMG Network
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Paxos Standard Token and OMG Network 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.
OmiseGo is an open-source decentralized payment protocol based on the Ethereum network. The project is supported by Omise, a payment services company that operates mostly in Asia. OmiseGo envisions to be a payment settlement platform enabling the users to make cross-border transactions fast and cheap. The platform also has a decentralized exchange called ODEX. OmiseGo tokens were issued in 2017 through an ICO and the supply is capped at 140 million. The network uses Proof-of-Stake (PoS) consensus mechanism to issue OmiseGo tokens and they trade with the ticker OMG, yup, you read it right. OMG tokens can be used to pay for the transaction fees on the network, stake and with OMG you can also get a whopper at Burger King in Thailand.
PAX and OMG are popular in the cryptocurrency market. PAX has a total market cap of 1188398716 USD with a circulation supply of 1189947713 PAX. OMG has a market cap of 1581809906 USD with 140245398 OMG in circulation.
Paxos Standard Token to OMG Network price details
PAX to OMG Conversion Rate and Price
Currently, the conversion rate for 1 PAX equals to undefined OMG. The 24-hour highest price of Paxos Standard Token was 1.001 USD and the lowest was 0.9988 USD. In the same period, OMG Network hit highs of 12.37 USD and lows of 11.39 USD. In short, PAX price fell by -0.006481% and OMG increased by 8.468186%.
Instantly Exchange PAX to OMG
On ChangeHero you can instantly exchange Paxos Standard Token to OMG Network without signup. You can easily convert PAX to OMG 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 OMG Best Rate Exchange
In the the Best Rate exchange of Paxos Standard Token to OMG Network, we search through various exchanges for the PAX to OMG pair and find the best rate available in the market. We provide you with an estimation of the amount of OMG 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 OMG you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAX to OMG.
PAX to OMG Fixed Rate Conversion
In the the Fixed Rate exchange of Paxos Standard Token to OMG Network, ChangeHero finds a good rate for the pair PAX to OMG and fix the rate for up to 15 minutes. In the Best Rate exchange of PAX to OMG, you will receive the exact amount of OMG 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 OMG address. ChangeHero is the best place to exchange PAX to OMG fast and safe at the best rates.