Live Binance USD to Paxos Standard Token price
Currently, 1 BUSD equals to undefined PAX. In the last 24 hours, the conversion rate for BUSD to PAX was highest at 1.001 PAX and the lowest was 0.9998 PAX.
График конвертации BUSD в PAX
Binance USD to Paxos Standard Token correlation
Both the Binance USD and Paxos Standard Token are stablecoins. Unlike other cryptocurrencies, they belong to a new genre of cryptocurrencies called Stablecoins and their price always remains equal to $1 all the time and the market conditions have little to no effect on them. There is no correlation or any relationship between Binance USD and Paxos Standard Token.
BUSD to PAX exchange margin
The closing conversion rate for BUSD to PAX yesterday was 0.997 PAX. Considering today’s exchange rate, a transaction of 1 BUSD to PAX would result in an output of undefined PAX. Today, you will receive 0.997 PAX меньше to your wallet.
How to convert Binance USD to Paxos Standard Token
Следуйте этим простым шагам, чтобы обменять Binance USD
Enter the amount and provide your address
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Binance USD and Paxos Standard Token comparison
Binance USD is a stablecoin launched by Binance in collaboration with Paxos. The stablecoin is backed by the US Dollar at a 1:1 ratio. PAX is the custodian for the dollars held to maintain the value of the token. This ensures the stable value of the Binance USD which is $1 per coin. It is an ERC-20 token and trades with the ticker BUSD. The stablecoin was also approved by the New York State Department of Financial Services (NYDFS) boosting its legitimacy. BUSD can be used to fund trades in the Binance exchange and also hedge in the event of volatility. Furthermore, BUSD is widely accepted as a method of payment among merchants and stores.
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.
BUSD and PAX are popular in the cryptocurrency market. BUSD has a total market cap of 2802989923 USD with a circulation supply of 2802709652 BUSD. PAX has a market cap of 677818796 USD with 675099791 PAX in circulation.
Binance USD to Paxos Standard Token price details
BUSD to PAX Conversion Rate and Price
Currently, the conversion rate for 1 BUSD equals to undefined PAX. The 24-hour highest price of Binance USD was 1.002 USD and the lowest was 1 USD. In the same period, Paxos Standard Token hit highs of 1.001 USD and lows of 1 USD. In short, BUSD price упала by % and PAX выросла by 0.276137%.
Instantly Exchange BUSD to PAX
On ChangeHero you can instantly exchange Binance USD to Paxos Standard Token without registrations. You can easily convert BUSD to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BUSD to BUSD exchange.
BUSD to PAX Best Rate Exchange
For the the Best Rate exchange of Binance USD to Paxos Standard Token, we search through various exchanges for the BUSD 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 BUSD 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 BUSD to PAX.
BUSD to PAX Fixed Rate Conversion
For the the Fixed Rate exchange of Binance USD to Paxos Standard Token, ChangeHero finds a good rate for the pair BUSD to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of BUSD 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 BUSD to PAX fast and safe at the best rates.