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Paxos Standard
PAX
Paxos Standard is a relatively new stablecoin whose price is tied to the American dollar. The developer of the project was the Paxos company, which has been associated with cryptocurrencies since 2013, and has an official license for cryptocurrency operations.
Circulating supply:
223 517 314 PAX
Total supply:
223 517 395 PAX
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Paxos Standard price

- Last price:
1 PAX =
0.4419%
0.00012034 BTC
Best price(HitBTC):
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Market cap
Volume 24h
Minimal price for 24h
Maximum price for 24h
Statistic
Paxos Standard course
Paxos Standard course in BTC
0.00012034 BTC
Market capitalization
Trade volume 24h
Minimal price for 24h
Maximum price for 24h
Market cap rank
#37
Absolute maximum
Absolute maximum date
From absolute maximum
-3.03%
1d Volatility
1.40%
7d Volatility
13.19%
Changes for 24h
0.4419%
Changes for 7d
-1.2873%
Changes for 14d
1.1447%
Changes for 30d
-0.1194%
Changes for 60d
14.1630%
Changes for 1y
14.4159%
Paxos Standard (PAX) - USD Historical Price Chart
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About Paxos Standard (PAX)

Paxos Standard is a relatively new stablecoin whose price is tied to the American dollar. The developer of the project was the Paxos company, which has been associated with cryptocurrencies since 2013, and has an official license for cryptocurrency operations. However, Paxos Standart was born only in 2018, with the goal of creating a strong relationship between the financial system and digital assets.

The big advantage of the project is the developer company. With a banking license, the company stores all paxos standard token in well-protected bank accounts. At the same time, this is protection against hackers and a good decision in the eyes of the US Securities Commission. In addition, in case of unforeseen circumstances, there is an insurance fund.

Paxos standard token is built on the Ethereum platform using the ERC-20 protocol. The coin can be bought at almost a hundred exchanges. Another option with buying a token is to visit the official website of the Paxos project. But purchases on the official website need to be registered, confirm your identity and send scans of documents. Only then can you exchange standard token pax for a dollar in a 1 to 1 ratio.

Since the fiat funds of the Paxos platform are in an active bank account, and an internal token is used to pay commissions within the network, you can change dollars to PAX without any extra commissions. With reverse conversion, paxos standard token just burns. Any ERC-20 wallet is suitable for storing standard pax, there should not be any problems with their choice.

Other benefits include platform transparency. The developer company provides monthly open activity reports. The paxos standard token smart contract, which converts fiat to token, was also tested by third-party experts and received good marks. High transaction speed, lack of commissions and practical use also plays a big role in the success of the Paxos Standard project.

In addition to standard token pax, developers have plans to further develop the platform and add new stablecoins to it. For example, among the upcoming announcements, a token with reference to the value of gold is expected. If you are interested in the Paxos project and you want to continue to monitor its success - join Neironix.io

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Paxos Standard Cost

Would like to know the latest Paxos Standard price? Here is it as well as other useful data about this kind of cryptocurrency. At NEIRONIX, we collect and provide any valuable content on it such as 1 PAX to USD so that you could make a favorable investment and have a positive result. We invite you to the world of Paxos Standard value, by giving a real comprehension of its prospect and worthiness!

All Data You May Need about Paxos Standard Perspectives and Cost

Due to NEIRONIX, you will be aware of all the latest news. Firstly, everybody can get acquainted with Paxos Standard price today – these data are renewed with a high speed as we appreciate your wish to have up-to-date information at hand. Secondly, you are able to look through the following important aspects: market cap shows the collective value of all sold coins, low/high value demonstrates the minimal and maximal value of 1 coin among other stock exchanges, and volume is the total value of transactions on stock in a day. Thus, you won’t have a question: ‘How much is a Paxos Standard worth?’ All data are thoroughly analyzed and presented for your convenience!

If you keen on Paxos Standard price chart, we offer it – just choose the period you need (from 1 day to maximum) and get a full analysis of its falls and growth during the appropriate period. To add to it, NEIRONIX disposes of topical news about Paxos Standard current rate and its possible changes, current Paxos Standard value with future forecasts and growth perspectives. Thanks to us, you will be notified about the latest tendencies in the chosen cryptocurrency market!

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