Live Paxos Standard Token to Tezos price
Currently, 1 PAX equals to undefined XTZ. In the last 24 hours, the conversion rate for PAX to XTZ was highest at 0.3931 XTZ and the lowest was 0.3337 XTZ.
Chart PAX ke XTZ
Paxos Standard Token to Tezos correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Tezos 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 Tezos.
PAX to XTZ exchange margin
The closing conversion rate for PAX to XTZ yesterday was 0.3619 XTZ. Considering today’s exchange rate, a transaction of 1 PAX to XTZ would result in an output of undefined XTZ. Today, you will receive 0.3619 XTZ less to your wallet.
How to convert Paxos Standard Token to Tezos
Ikuti langkah mudah ini untuk menukar Paxos Standard Token
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Paxos Standard Token and Tezos 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.
Tezos is a decentralized blockchain developed by the husband and wife duo – Arthur Breitman and Kathleen Breitman. Tez is the native token of the platform and was issued in 2017 through an ICO. Unlike the rest, Tezos was coded from scratch and aims to deliver a true digital commonwealth to the masses. Tezos is focused primarily on smart contracts and developing decentralized apps. The team claims that the blockchain is self-amended and uses the Liquid Proof-of-Stake mechanism for issuing new coins. Interestingly, the process of staking is called Baking and the participants are called Bakers.
PAX and XTZ are popular in the cryptocurrency market. PAX has a total market cap of 245302945 USD with a circulation supply of 244951954 PAX. XTZ has a market cap of 2071495801 USD with 758072498 XTZ in circulation.
Paxos Standard Token to Tezos price details
PAX to XTZ Conversion Rate and Price
Currently, the conversion rate for 1 PAX equals to undefined XTZ. The 24-hour highest price of Paxos Standard Token was 1.004 USD and the lowest was 0.9984 USD. In the same period, Tezos hit highs of 2.94 USD and lows of 2.628 USD. In short, PAX price rose by 0.381045% and XTZ decreased by -3.837146%.
Instantly Exchange PAX to XTZ
On ChangeHero you can instantly exchange Paxos Standard Token to Tezos without registrations. You can easily convert PAX to XTZ 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 XTZ Best Rate Exchange
In the the Best Rate exchange of Paxos Standard Token to Tezos, we search through various exchanges for the PAX to XTZ pair and find the best rate available in the market. We provide you with an estimation of the amount of XTZ 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 XTZ you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAX to XTZ.
PAX to XTZ Fixed Rate Conversion
In the the Fixed Rate exchange of Paxos Standard Token to Tezos, ChangeHero finds a good rate for the pair PAX to XTZ and fix the rate for up to 15 minutes. In the Best Rate exchange of PAX to XTZ, you will receive the exact amount of XTZ 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 XTZ address. ChangeHero is the best place to exchange PAX to XTZ fast and safe at the best rates.