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Paxos Standard Token Crypto Coin Rank 51
Website
171,745,200 PAX

Paxos Standard Token
Paxos Standard Token
PAX Coin Values PAX

Paxos Standard Token valuesUSD Price
$ 0.9988

Paxos Standard Token BTC Price
0.00010817

Paxos Standard Token 24h Vol
$ 137,390,498

Paxos Standard Token Market Cap
$ 171,534,329

24h Vol
14,880 BTC
1 H
-0.27 %
24 H
-1.91 %
7 d
0.39 %
Today Paxos Standard Token price in US dollars is currently 0.9988 USD, and if converted to Bitcoin is 0.00010817 BTC. A total of 18,578 coin's are currently circulating in the Market. Paxos Standard Token prices are currently experiencing a change of -1.91 %, check all cryptocurrency. Over the past 24 hours 1.374 M US dollars Paxos Standard Token has been traded on Crypto Exchanges. Get Paxos Standard Token's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Paxos Standard Token
Symbol
PAX
Algorithm
ETH Token
BTC Price
0.00010817 BTC
BTC Market
18,578 BTC
BTC 24h Vol
14,880 BTC
Total Coins Mined
171,745,200 PAX
1h
-0.27 %
24h
-1.91 %
7d
0.39 %
PAX Charts

Paxos Standard Token Price Charts

PAX High/Low Price Chart

Paxos Standard Token Price High/Low Price Chart

Historical Data

Paxos Standard Token Crypto Technology

Markets

Paxos Standard Token Crypto Market

Description

Paxos Standard Token Crypto ICO Description

Paxos Standard (PAX) is a stable coin owned by Paxos Trust Company, LLC. It combines the stability of the dollar with the efficiency of blockchain technology. 

Paxos is regulated by the New York State Department of Financial Services, which has deep experience and knowledge as an intermediary between fiat and digital assets.

Built on the Ethereum blockchain, it offers the benefits of crypto-assets such as immutability and decentralized accounting. Since it is fully collateralized by dollars, Paxos Standard offers a liquid and digital alternative to cash, available 24/7 for instantaneous transaction settlement and fully redeemable.

Paxos Standard has been designed as an Ethereum token written according to the ERC-20 protocol so that anyone with an Ethereum wallet will be able to send and receive Paxos Standard tokens. The smart contract has been audited by smart contract auditors Nomic Labs and ChainSecurity, and nationally top-ranking auditing firm Withum will perform attestation procedures on their token and bank account balances on a month-end basis.

Why Use Paxos Standard:

  • Hold digital assets in PAX to limit exposure to volatility
  • Settle the cash component of digital asset transactions in dollar-equivalent denominations
  • Move between digital assets with ease and lower fees
  • Settle transactions outside of traditional banking hours
  • Transact internationally more efficiently

Technology

Paxos Standard Token Crypto Technology

Sorry, detailed technology about Paxos Standard Token is not currently available

Features

Paxos Standard Token Crypto Features

Sorry, detailed features about Paxos Standard Token is not currently available


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