Dynamic and history value of price PAX. Maximal value of price paxosstandard was 1.005$ - 2020-06-25 04:00:22, Minimal price of PAX was 0.995$ value and fixed at 2020-07-27 06:00:16. Today price of paxosstandard is : 0.9993$
Paxos Standard, or PAX, is an individually supported token in USD deposits and available through Paxos. PAX is available one by one for USD and redeemable one by one for USD. Upon redemption, PAX tokens are immediately removed from the supply; PAX exist only when the corresponding dollars are in custody. Paxos accepts dollar deposits and issues standard Paxos tokens which can be exchanged, traded and transferred easily and without friction. Currently, the economy of digital activities is fluid, global and fast, but it faces significant obstacles in the trade between digital and fiduciary activities due to the delays inherent in the traditional banking system. Paxos Standard offers users the convenience of maintaining their liquidity in digital resources while maintaining stability. Paxos Standard is good or better than Fiat in each of its functions: it is easier to exchange, maintains the same unit of account and provides the same store of value. Completely guaranteed by USD and supported by a regulated financial institution, Paxos Standard is therefore an improved money model. 5 Main characteristics and advantages of the product: Paxos problems and standard Paxos token redemption. PAX can be sent or received by anyone with an Ethereum wallet. PAX is available for listing on the stock exchange worldwide. The Paxos exchange, itBit, will allow users to withdraw cash directly and instantly in PAX instead of cash if they wish. PAX is available 24 hours a day, 7 days a week to facilitate settlement against any type of resource, including encryption, security and activity or payment tokens. Built on the Ethereum blockchain, PAX is a programmable token that can participate in the largest global token community, helping to create a global platform for programmable money with stability.