Live Tezos to Paxos Standard Token price
Currently, 1 XTZ equals to undefined PAX. In the last 24 hours, the conversion rate for XTZ to PAX was highest at 7.198 PAX and the lowest was 6.97 PAX.
Chart XTZ ke PAX
Tezos to Paxos Standard Token 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.
XTZ to PAX exchange margin
The closing conversion rate for XTZ to PAX yesterday was 7.158 PAX. Considering today’s exchange rate, a transaction of 1 XTZ to PAX would result in an output of undefined PAX. Today, you will receive 7.158 PAX less to your wallet.
How to convert Tezos to Paxos Standard Token
Ikuti langkah mudah ini untuk menukar Tezos
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Tezos and Paxos Standard Token comparison
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.
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.
XTZ and PAX are popular in the cryptocurrency market. XTZ has a total market cap of 5435356039 USD with a circulation supply of 779338878 XTZ. PAX has a market cap of 908566403 USD with 909804609 PAX in circulation.
Tezos to Paxos Standard Token price details
XTZ to PAX Conversion Rate and Price
Currently, the conversion rate for 1 XTZ equals to undefined PAX. The 24-hour highest price of Tezos was 8.413 USD and the lowest was 6.774 USD. In the same period, Paxos Standard Token hit highs of 1 USD and lows of 0.9988 USD. In short, XTZ price fell by -10.7962% and PAX decreased by -0.071909%.
Instantly Exchange XTZ to PAX
On ChangeHero you can instantly exchange Tezos to Paxos Standard Token without signup. You can easily convert XTZ to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XTZ to XTZ exchange.
XTZ to PAX Best Rate Exchange
For the the Best Rate exchange of Tezos to Paxos Standard Token, we search through various exchanges for the XTZ 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 XTZ 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 XTZ to PAX.
XTZ to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Tezos to Paxos Standard Token, ChangeHero finds a good rate for the pair XTZ to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of XTZ 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 XTZ to PAX fast and safe at the best rates.