Live Monero to Paxos Standard Token price
Currently, 1 XMR equals to undefined PAX. In the last 24 hours, the conversion rate for XMR to PAX was highest at 220.23 PAX and the lowest was 203.69 PAX.
Chart XMR ke PAX
Monero to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. Monero 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 Monero.
XMR to PAX exchange margin
The closing conversion rate for XMR to PAX yesterday was 208.55 PAX. Considering today’s exchange rate, a transaction of 1 XMR to PAX would result in an output of undefined PAX. Today, you will receive 208.55 PAX less to your wallet.
How to convert Monero to Paxos Standard Token
Ikuti langkah mudah ini untuk menukar Monero
Enter the amount and provide your address
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Monero and Paxos Standard Token comparison
Monero is an open-source, decentralized blockchain asset launched in the year 2014. In general, blockchain is designed to be transparent and all the transactions can be checked on the network and may probably be connected to an individual in real-world. Monero aims to provide the utmost privacy to the people while sending money through blockchain. Monero blockchain was intentionally designed to be opaque and doesn’t reveal the transaction details like the amount and disguises the sender and recipient addresses. Monero is a community-driven project and mining doesn’t require expensive ASICs. Monero trades with the ticker XMR and is also accepted widely by the merchants online.
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.
XMR and PAX are popular in the cryptocurrency market. XMR has a total market cap of 3718639643 USD with a circulation supply of 17938167 XMR. PAX has a market cap of 778802343 USD with 778295415 PAX in circulation.
Monero to Paxos Standard Token price details
XMR to PAX Conversion Rate and Price
Currently, the conversion rate for 1 XMR equals to undefined PAX. The 24-hour highest price of Monero was 219.67 USD and the lowest was 204.48 USD. In the same period, Paxos Standard Token hit highs of 1.002 USD and lows of 0.999 USD. In short, XMR price fell by -3.441494% and PAX increased by 0.001415%.
Instantly Exchange XMR to PAX
On ChangeHero you can instantly exchange Monero to Paxos Standard Token without signup. You can easily convert XMR to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XMR to XMR exchange.
XMR to PAX Best Rate Exchange
In the the Best Rate exchange of Monero to Paxos Standard Token, we search through various exchanges for the XMR 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 XMR 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 XMR to PAX.
XMR to PAX Fixed Rate Conversion
In the the Fixed Rate exchange of Monero to Paxos Standard Token, ChangeHero finds a good rate for the pair XMR to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of XMR 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 XMR to PAX fast and safe at the best rates.