Live Paxos Standard Token to TrueUSD price
At the moment, 1 PAX equals to undefined TUSD. In the last 24 hours, the conversion rate for PAX to TUSD was highest at 1.002 TUSD and the lowest was 0.997 TUSD.
Chart PAX ke TUSD
Paxos Standard Token to TrueUSD correlation
Both the Paxos Standard Token and TrueUSD are stablecoins. Unlike other cryptocurrencies, they belong to a new genre of cryptocurrencies called Stablecoins and their price always remains equal to $1 all the time and the market conditions have little to no effect on them. There is no correlation or any relationship between Paxos Standard Token and TrueUSD.
PAX to TUSD exchange margin
The closing conversion rate for PAX to TUSD yesterday was 0.9995 TUSD. Considering today’s exchange rate, a transaction of 1 PAX to TUSD would result in an output of undefined TUSD. Today, you will receive 0.9995 TUSD less to your wallet.
How to convert Paxos Standard Token to TrueUSD
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Paxos Standard Token and TrueUSD 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.
True USD is a stablecoin backed by the US Dollar. The peg is at a 1:1 ratio which makes the value of 1 TUSD always equal to 1 USD. The team also makes a bold claim that TUSD is the first regulated stablecoin pegged to the US Dollar. Besides, they publish real-time data about the funds in the escrow accounts backing the TUSD. True USD tokens are based on the Ethereum blockchain. TUSD can be used to bypass the volatility of the cryptocurrencies. It can also be used for making cross-border payments at a cheaper fee.
PAX and TUSD are popular in the cryptocurrency market. PAX has a total market cap of 1188398716 USD with a circulation supply of 1189947713 PAX. TUSD has a market cap of 1124078126 USD with 1125523285 TUSD in circulation.
Paxos Standard Token to TrueUSD price details
PAX to TUSD Conversion Rate and Price
At the moment, the conversion rate for 1 PAX equals to undefined TUSD. The 24-hour highest price of Paxos Standard Token was 1.001 USD and the lowest was 0.9988 USD. In the same period, TrueUSD hit highs of 1.007 USD and lows of 0.9984 USD. In short, PAX price fell by -0.006481% and TUSD decreased by -0.005395%.
Instantly Exchange PAX to TUSD
On ChangeHero you can instantly exchange Paxos Standard Token to TrueUSD without signup. You can easily convert PAX to TUSD 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 TUSD Best Rate Exchange
In the the Best Rate exchange of Paxos Standard Token to TrueUSD, we search through various exchanges for the PAX to TUSD pair and find the best rate available in the market. We provide you with an estimation of the amount of TUSD 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 TUSD you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAX to TUSD.
PAX to TUSD Fixed Rate Conversion
In the the Fixed Rate exchange of Paxos Standard Token to TrueUSD, ChangeHero finds a good rate for the pair PAX to TUSD and fix the rate for up to 15 minutes. In the Best Rate exchange of PAX to TUSD, you will receive the exact amount of TUSD 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 TUSD address. ChangeHero is the best place to exchange PAX to TUSD fast and safe at the best rates.