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: Wednesday, June 26, 2019 6:56:09AM UTC
Current price, USD: $0.999
Current price, BTC: 0.0000787
Market capitalization, USD: $146 240 575
Available supply: 146 385 155 PAX
Volume 24 hours, USD: $194 581 499
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, $
Jun 26 1.002 0.999 1.003 146 240 575
Jun 25 0.999 0.999 1.002 152 171 155
Jun 24 1.002 0.999 1.003 149 448 898
Jun 23 1.001 0.999 1.004 159 627 045
Jun 22 1.000 0.999 1.004 159 401 681
Jun 21 0.998 0.998 1.002 159 181 274
Jun 20 1.001 0.994 1.001 158 370 687
Jun 19 0.999 0.998 1.002 161 005 587
Jun 18 1.001 0.999 1.005 167 706 331
Jun 17 1.016 0.999 1.021 168 119 797

PAX/USD Exchange Rates


PAX to USD price chart — 7 days

PAX to USD price chart — 30 days

Paxos Standard Token

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

PAX price change 24 hours -0.06%
PAX price change 7 days -0.11%
Paxos Standard Token Price Prediction
PAX

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 to just sit in Tether if you were going to pick one.

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 in value. Since everyone was abandoning ship into stable coins, they actually increased over one dollar.

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 people aren't using this. Why would you ever convert your crypto or dollars into a stablecoin like Tether that isn't audited or backed by anything? This seems like a really dangerous plan and people should really consider where they leave their money. It would be best if people were more responsible and started supporting regulated and honest cryptocurrency projects that would make us all look more legit!

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  

Add/Read Paxos Standard Token Reviews

Best Cryptocurrencies to Buy

Currency Price, USD 24h
1 Bitcoin $12 728.486 12.41%
2 Ethereum $332.368 6.03%
3 XRP $0.475 1.45%
4 Bitcoin Cash $489.378 1.73%
5 Litecoin $135.645 0.01%
6 EOS $7.242 -0.22%
7 Binance Coin $37.156 1.44%
8 Bitcoin SV $239.570 0.09%
9 Tether $0.996 -0.11%
10 TRON $0.039 -1.79%
11 Cardano $0.098 1.72%
12 Stellar $0.127 -0.43%
13 Monero $105.206 -9.03%
14 Dash $179.275 1.06%
15 NEO $19.779 11.73%

Paxos Standard Token News & Forecasts

We publish the most accurate Paxos Standard Token Forecasts and News including crypto industry experts' opinion on a daily basis