Live XRP to Paxos Standard Token price
At the moment, 1 XRP equals to undefined PAX. In the last 24 hours, the conversion rate for XRP to PAX was highest at 0.5281 PAX and the lowest was 0.437 PAX.
Chart XRP ke PAX
XRP to Paxos Standard Token correlation
Paxos Standard Token is a stablecoin whose price remains the same, which is $1, regardless of the market conditions. XRP 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 XRP.
XRP to PAX exchange margin
The closing conversion rate for XRP to PAX yesterday was 0.4574 PAX. Considering today’s exchange rate, a transaction of 1 XRP to PAX would result in an output of undefined PAX. Today, you will receive 0.4574 PAX less to your wallet.
How to convert XRP to Paxos Standard Token
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XRP and Paxos Standard Token comparison
Ripple network is a decentralized payment protocol on the blockchain launched in 2013. The project works in collaboration with traditional banks and helps them adopt blockchain technology. This enables the financial institutions to process payments, remittances all over the worlds in a short time and at cheaper fees. Simply put, Ripple works more like SWIFT but uses the blockchain technology. XRP is the native cryptocurrency of the Ripple blockchain and can be used to access the Ripple network to send money across the borders and can also be traded against 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.
XRP and PAX are popular in the cryptocurrency market. XRP has a total market cap of 21861311041 USD with a circulation supply of 4540402864 XRP. PAX has a market cap of 674950778 USD with 675099791 PAX in circulation.
XRP to Paxos Standard Token price details
XRP to PAX Conversion Rate and Price
At the moment, the conversion rate for 1 XRP equals to undefined PAX. The 24-hour highest price of XRP was 0.4942 USD and the lowest was 0.4361 USD. In the same period, Paxos Standard Token hit highs of 1.001 USD and lows of 1 USD. In short, XRP price rose by 7.21228% and PAX decreased by -0.089999%.
Instantly Exchange XRP to PAX
On ChangeHero you can instantly exchange XRP to Paxos Standard Token without signup. You can easily convert XRP to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XRP to XRP exchange.
XRP to PAX Best Rate Exchange
For the the Best Rate exchange of XRP to Paxos Standard Token, we search through various exchanges for the XRP 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 XRP 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 XRP to PAX.
XRP to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of XRP to Paxos Standard Token, ChangeHero finds a good rate for the pair XRP to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of XRP 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 XRP to PAX fast and safe at the best rates.