A detailed description and exchange rate of Bitcoin Paxos Standard (PAX)

 Paxos Standard (PAX)  ETH Token  USD Stablecoin, Stablecoins 

Blockchain: PoW using algorithm ETH Token

Read more about the blockchain, hashrate, mining PAX

Curculation 793541417.53 из 793541418 PAX

Like? Rate It!

Description Share, print, send mail:

Show full post Hide

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

Top exchanges by trading volume PAX

Rating Paxos Standard

Rank by rate  CoinMarketCap: 89

Rank by rate  CoinGecko: 165.

Evaluation of communication (points): 8,246

Common Assessment Points: 0,047

Evaluation of the design (points): 49,088

Assessment of the liquidity (points): 52,933

Similar on Paxos Standard cryptocurrencies

Useful links and additional information

Courses, exchanges, trade PAX

Blockchain, hashrate, mining PAX

Events PAX

Official website PAX: https://www.paxos.com/standard/ 

Block explorers PAXOS-STANDARD: etherscan.io  ethplorer.io  blockchair.com 

Announcements PAXOS-STANDARD: medium.com 


Twitter PaxosStandard  


GitHub: https://github.com/paxosglobal/pax-contracts

Like? Rate It!

Latest cryptocurrency news

Latest mining news

  • Features of the blockchain

  •  25 сен 2020 01:51
  •  ETH Token
  •  PoW
  •  315 784 704 PAX
  • TOP 3 growth, 24h

  • TOP 3 falls, 24h

  • All cryptocurrencies