Table of Contents:
- Coin prognosis
- What is Paxos Standard coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy PAX
Possible bullishness on Paxos Standard Up Only
Our coin price forecasting algorithm indicates bullishness on the PAX/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Paxos Standard, using ranking algorithms that are based on Historical price data.
PAX Price | $1.0012 USD |
Price Change24h | $-0.0002 USD (-0.02%) |
24h Low / 24h High | $1.0012 / $1.0017 USD |
Trading Volume24h | $0 USD |
MarketCap | $869,762,496 USD |
What is Paxos Standard? Fundamental Analysis
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 volatilitySettle the cash component of digital asset transactions in dollar-equivalent denominationsMove between digital assets with ease and lower feesSettle transactions outside of traditional banking hoursTransact internationally more efficiently
Future price prediction
Date | Price | Possible movement |
---|---|---|
Aug 8, 2022 | $1.0017 | Neutral |
September, 2022 | $ 1.0213 USD | Upside |
October, 2022 | $ 1.2564 USD | Upside |
November, 2022 | $ 1.4091 USD | Upside |
February, 2023 | $ 1.4072 USD | Upside |
August, 2023 | $ 1.5321 USD | Upside |
PAX Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
Will Paxos Standard rise today? | Our data indicates Paxos Standard will rise today. It's already higher than it's opening price. That's a great sign |
What will be the highest price of Paxos Standard (PAX) in future? | Our analysis shows a possible all time high of $1.5321 USD |
Will Paxos Standard (PAX) price increase in future? | Our prognosis shows Paxos Standard (PAX) will increase exponentially in future, attaining a possible coin price of $1.5321 USD |
Will an Investment in Paxos Standard (PAX) be profitable or make a loss? | Paxos Standard will be a profitable investment in the next 1 year, giving hodlers a good return. |
What will be the highest price of Paxos Standard (PAX) in future? | $1.5321 USD |
Will the price of Paxos Standard (PAX) move downward in future? | Up only |
At the end of the year, what will be the price of 1 Paxos Standard? | Our algorithms indicates an end of year price of 1 PAX = $1.5321 USD. |
What is the Paxos Standard price prediction for 2025? | By the year 2025, the price of one PAX could be as high as $7.6603 USD |
Paxos Standard price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
Where do I buy Paxos Standard? | We painstakingly listed out some great options for you. Purchase PAX coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Paxos Standard has is a great indication it will do well in the short term.
Date | Price | Volume |
---|---|---|
July 30, 2022 | $0.4726 | $0 |
July 29, 2022 | $0.5431 | $22,913 |
July 28, 2022 | $0.5227 | $30,254 |
July 27, 2022 | $0.4839 | $27,557 |
July 26, 2022 | $0.485 | $18,650 |
July 25, 2022 | $0.5142 | $20,822 |
July 24, 2022 | $0.5111 | $11,426 |
July 23, 2022 | $0.5165 | $13,182 |
July 22, 2022 | $0.5271 | $21,985 |
July 21, 2022 | $0.5287 | $27,652 |
July 20, 2022 | $0.5327 | $39,269 |
July 19, 2022 | $0.511 | $42,199 |
July 18, 2022 | $0.4734 | $34,108 |
July 17, 2022 | $0.4826 | $12,153 |
July 16, 2022 | $0.4741 | $13,453 |
July 15, 2022 | $0.4684 | $17,016 |
July 14, 2022 | $0.4606 | $23,668 |
July 13, 2022 | $0.4396 | $27,720 |
July 12, 2022 | $0.454 | $19,482 |
July 11, 2022 | $0.4746 | $16,828 |
July 10, 2022 | $0.4913 | $10,933 |
July 9, 2022 | $0.4916 | $10,346 |
July 8, 2022 | $0.492 | $27,865 |
July 7, 2022 | $0.4677 | $24,805 |
July 6, 2022 | $0.4589 | $18,399 |
July 5, 2022 | $0.4601 | $21,418 |
July 4, 2022 | $0.4392 | $14,586 |
July 3, 2022 | $0.4377 | $9,853 |
July 2, 2022 | $0.4382 | $8,949 |
July 1, 2022 | $0.4532 | $27,295 |
Where and How to Buy Paxos Standard (PAX) Coin
There are 3 steps to purchasing Paxos Standard. They are:
- Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase PAX directly with USD. They are: Bitstamp, Bitfinex, BitTrex, blockchaincom, P2PB2B, .
- Move the Bitcoin to an Exchange that supports PAX: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the PAX/BTC trading pairs.
At the moment, PAX is currently available for purchase with Bitcoin at BitTrex, OKEX, Upbit, . - Buy Paxos Standard on the Exchange: Now, you can buy Paxos Standard with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different PAX pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Bitstamp | PAX/USD | $16,131 USD | AA |
Bitfinex | PAX/USD | $490,802 USD | A |
BitTrex | PAX/USD | $2,509 USD | A |
blockchaincom | PAX/USD | $90 USD | BB |
P2PB2B | PAX/USD | $35,884 USD | D |
Bitcoin Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
BitTrex | PAX/BTC | 0.1720 BTC | A |
OKEX | PAX/BTC | 15.2955 BTC | BB |
Upbit | PAX/BTC | 0.2183 BTC | BB |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
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