Live Tron to Paxos Standard Token price
At the moment, 1 TRX equals to undefined PAX. In the last 24 hours, the conversion rate for TRX to PAX was highest at 0.04849 PAX and the lowest was 0.04498 PAX.
Chart TRX ke PAX
Tron to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Tron 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 Tron.
TRX to PAX exchange margin
The closing conversion rate for TRX to PAX yesterday was 0.04679 PAX. Considering today’s exchange rate, a transaction of 1 TRX to PAX would result in an output of undefined PAX. Today, you will receive 0.04679 PAX less to your wallet.
How to convert Tron to Paxos Standard Token
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Tron and Paxos Standard Token comparison
Tron is a decentralized digital entertainment platform on Blockchain. The projected was initiated by the Tron Foundation in 2017 and headed by Justin Sun. The platform aims to bridge the content creators directly with the consumers and eliminate the need for middlemen. This not only decreases the fees involved but also gives the creators more exposure. Tronix is the native cryptocurrency of the TRON blockchain and trades with the ticker TRX. Tronix can be used by the users of the blockchain to pay for the content they wish to access. TRX can also be traded in the market similar to other cryptocurrencies.
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.
TRX and PAX are popular in the cryptocurrency market. TRX has a total market cap of 3347772109 USD with a circulation supply of 71659657369 TRX. PAX has a market cap of 674385885 USD with 675099791 PAX in circulation.
Tron to Paxos Standard Token price details
TRX to PAX Conversion Rate and Price
At the moment, the conversion rate for 1 TRX equals to undefined PAX. The 24-hour highest price of Tron was 0.04815 USD and the lowest was 0.04515 USD. In the same period, Paxos Standard Token hit highs of 1.001 USD and lows of 0.9989 USD. In short, TRX price rose by 5.33028% and PAX decreased by -0.124892%.
Instantly Exchange TRX to PAX
On ChangeHero you can instantly exchange Tron to Paxos Standard Token without registrations. You can easily convert TRX to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your TRX to TRX exchange.
TRX to PAX Best Rate Exchange
For the the Best Rate exchange of Tron to Paxos Standard Token, we search through various exchanges for the TRX to PAX pair and find the best rate available in the market. We provide you with an estimation of the amount of PAX you will receive.
As soon as you accept the terms and the TRX is deposited, the exchange will be automatically processed. We remind you that the final amount of PAX you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of TRX to PAX.
TRX to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Tron to Paxos Standard Token, ChangeHero finds a good rate for the pair TRX to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of TRX to PAX, you will receive the exact amount of PAX 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 PAX address. ChangeHero is the best place to exchange TRX to PAX fast and safe at the best rates.
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