Paxos Standard Token (PAX): Price, Charts and Market Cap

Paxos Standard Token Paxos Standard Token website
Symbol PAX
Nature Token
Brief Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions.
Discussion https://paxos.com/standard
Last updated: Tuesday, February 25, 2020 4:58:12AM UTC
Current price, USD: 1.003
Current price, BTC: 0.0001045
Market capitalization, USD: 204 513 630
Available supply: 203 848 424 PAX
Volume 24 hours, USD: 406 114 699
Mineable No

Paxos Standard Token general information

General PAX facts, technical details and general information about Paxos Standard Token crypto currency


Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions.

Paxos is a Trust company, regulated by the New York State Department of Financial Services, with deep experience as an intermediary between fiat and digital assets. Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD.

PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. No fees to convert to PAX, no PAX transaction fees, low conversion minimum ($100 USD), and no redemption fees.

Settle any digital transaction on the Ethereum blockchain with PAX to convert assets back into dollar-equivalent denominations 24/7, even outside of traditional banking hours. You will always be able to redeem PAX for USD within one business day.

The entire supply of PAX is collateralized by USD in dedicated omnibus cash accounts at FDIC-insured U.S. banks. Nationally top-ranking auditing firm Withum performs attestations (using standards established by the AICPA) on these accounts and the PAX tokens on a month-end basis to ensure they are consistent.

Our global team provides customer service 24/7. Get a dedicated account manager with minimum purchase of $100K.

Historical data for Paxos Standard Token

We list daily Paxos Standard Token historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Feb 16 0.999 0.998 1.008 208 327 775
Feb 17 1.004 0.996 1.004 209 524 545
Feb 18 0.997 0.992 1.003 208 950 022
Feb 19 1.000 0.996 1.008 212 177 018
Feb 20 0.997 0.997 1.007 218 395 146
Feb 21 0.999 0.996 1.004 223 376 765
Feb 22 1.000 0.998 1.004 222 777 081
Feb 23 1.000 0.995 1.002 221 941 305
Feb 24 1.000 0.999 1.006 203 804 306
Feb 25 1.002 1.002 1.004 204 513 630

PAX/USD Exchange Rates


PAX to USD price chart — 7 days

PAX to USD price chart — 30 days

PAX to USD price chart — 60 days

PAX to USD price chart — 6 months

Paxos Standard Token

Paxos Standard Token (PAX) price change (24h)

PAX price change 24 hours -0.01%
PAX price change 7 days 0.44%
Paxos Standard Token Price Prediction

Paxos Standard Token Comments & Reviews

What is even the point of trading PAX? It's a stable coin that people hardly even use and it's usually losing value- not gaining. I just don't see a stable coin's point since it still loses people money in the long run. It would make way more sense...

Ben   March 31, 2019   PAX


PAX is still my favorite coin. I've made money just holding it, but it's also really easy to get my money out of crypto. Before the crash in April, I transferred all mhy crypto holdings to PAX, and this saved my portfolio because it actually went up...

Pablo   March 14, 2019   PAX


PAXOS is a great Stablecoin. It's a completely regulated and transparent digital dollar. It's audited and regulated by New York's top financial regulators you can't get more legit then that. Tether has nothing on PAXOS, and I don'�t get how...

Frank   February 27, 2019   PAX


Since it is fully provided with dollars, Paxos Standard offers a flexible, digital alternative to cash, which is available around the clock for instant transaction settlement and is fully redeemed....

Zedd   December 1, 2018   PAX


Paxos Standard Token Reviews

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Rating

Paxos Standard Token News & Forecasts

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