Live Paxos Standard Token to Stellar price
Currently, 1 PAX equals to undefined XLM. In the last 24 hours, the conversion rate for PAX to XLM was highest at 3.968 XLM and the lowest was 3.803 XLM.
Chart PAX ke XLM
Paxos Standard Token to Stellar correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Stellar 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 Stellar.
PAX to XLM exchange margin
The closing conversion rate for PAX to XLM yesterday was 3.918 XLM. Considering today’s exchange rate, a transaction of 1 PAX to XLM would result in an output of undefined XLM. Today, you will receive 3.918 XLM less to your wallet.
How to convert Paxos Standard Token to Stellar
Ikuti langkah mudah ini untuk menukar Paxos Standard Token
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Paxos Standard Token and Stellar 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.
Though Bitcoin started the cryptocurrency industry, slow transactions hindered mass adoption. Stellar addresses this issue and aims to provide faster means of transacting value on the blockchain. Stellar came into existence as a result of the Ripple hard fork in 2014. It is a payment processing system similar to SWIFT but on the blockchain. Stellar works closely with the traditional banking institutions and helps them migrate to the blockchain for cheaper and faster transactions. Stellar has the capability of processing around 1000 transactions per second. Lumens is the native token of the Stellar blockchain and trades with the ticker XLM.
PAX and XLM are popular in the cryptocurrency market. PAX has a total market cap of 244115969 USD with a circulation supply of 244951954 PAX. XLM has a market cap of 5645433181 USD with 22095601011 XLM in circulation.
Paxos Standard Token to Stellar price details
PAX to XLM Conversion Rate and Price
Currently, the conversion rate for 1 PAX equals to undefined XLM. The 24-hour highest price of Paxos Standard Token was 1.001 USD and the lowest was 0.999 USD. In the same period, Stellar hit highs of 0.2623 USD and lows of 0.256 USD. In short, PAX price fell by -0.085454% and XLM decreased by -3.399696%.
Instantly Exchange PAX to XLM
On ChangeHero you can instantly exchange Paxos Standard Token to Stellar without signup. You can easily convert PAX to XLM 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 XLM Best Rate Exchange
In the the Best Rate exchange of Paxos Standard Token to Stellar, we search through various exchanges for the PAX to XLM pair and find the best rate available in the market. We provide you with an estimation of the amount of XLM 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 XLM you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAX to XLM.
PAX to XLM Fixed Rate Conversion
In the the Fixed Rate exchange of Paxos Standard Token to Stellar, ChangeHero finds a good rate for the pair PAX to XLM and fix the rate for up to 15 minutes. In the Best Rate exchange of PAX to XLM, you will receive the exact amount of XLM 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 XLM address. ChangeHero is the best place to exchange PAX to XLM fast and safe at the best rates.