Live Stellar to Paxos Standard Token price
At the moment, 1 XLM equals to undefined PAX. In the last 24 hours, the conversion rate for XLM to PAX was highest at 0.4114 PAX and the lowest was 0.3875 PAX.
Chart XLM ke PAX
Stellar to Paxos Standard Token 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.
XLM to PAX exchange margin
The closing conversion rate for XLM to PAX yesterday was 0.3999 PAX. Considering today’s exchange rate, a transaction of 1 XLM to PAX would result in an output of undefined PAX. Today, you will receive 0.3999 PAX less to your wallet.
How to convert Stellar to Paxos Standard Token
Ikuti langkah mudah ini untuk menukar Stellar
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Stellar and Paxos Standard Token comparison
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.
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.
XLM and PAX are popular in the cryptocurrency market. XLM has a total market cap of 9031103955 USD with a circulation supply of 2257106995 XLM. PAX has a market cap of 675779012 USD with 675099791 PAX in circulation.
Stellar to Paxos Standard Token price details
XLM to PAX Conversion Rate and Price
At the moment, the conversion rate for 1 XLM equals to undefined PAX. The 24-hour highest price of Stellar was 0.4085 USD and the lowest was 0.3926 USD. In the same period, Paxos Standard Token hit highs of 1.001 USD and lows of 0.9994 USD. In short, XLM price rose by 1.076079% and PAX decreased by -0.03015%.
Instantly Exchange XLM to PAX
On ChangeHero you can instantly exchange Stellar to Paxos Standard Token without registrations. You can easily convert XLM to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XLM to XLM exchange.
XLM to PAX Best Rate Exchange
For the the Best Rate exchange of Stellar to Paxos Standard Token, we search through various exchanges for the XLM 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 XLM 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 XLM to PAX.
XLM to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Stellar to Paxos Standard Token, ChangeHero finds a good rate for the pair XLM to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of XLM 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 XLM to PAX fast and safe at the best rates.