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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.
Fornitura circolante:
223 517 314 PAX
Offerta totale:
223 517 395 PAX
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Paxos Standard price

- Ultimo prezzo:
1 PAX =
-0.2715%
0.00002988 BTC
Miglior prezzo(WhiteBit):
Capitalizzazione di mercato
Volume 24h
Minimal price for 24h
Maximum price for 24h
statistico
Paxos Standard course
Paxos Standard course in BTC
0.00002988 BTC
Capitalizzazione di mercato
Trade volume 24h
Minimal price for 24h
Maximum price for 24h
Classifica del mercato
#74
Massimo assoluto
Data massima assoluta
Dal massimo assoluto
-19.73%
1d Volatility
1.82%
7d Volatility
1.82%
Changes for 24h
-0.2715%
Changes for 7d
-0.0424%
Changes for 14d
0.0473%
Changes for 30d
0.4388%
Changes for 60d
-0.1463%
Changes for 1y
-0.0766%
Paxos Standard (PAX) - USD Historical Price Chart
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Paxos Standard data

Paxos Standard (PAX) today is with a 24-hour trading volume of . PAX price is -0.271514% down in the last 24 hours. Lowest cost PAX is recorded on the crypto exchange WhiteBit. Leader in trading volume PAX is the exchange Binance. Cryptocurrency market capitalization is
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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