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Buy Paxos Standard uk- PAX/GBP
£0.9276
0.08 %
Change 24h

Description by Coingecko

Paxos Standard (PAX) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology. Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology. Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that. The Paxos Standard (PAX) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.

Buy Paxos Standard | PAX Price GBP

Paxos Standard Price GBP is £0.9276. PAX price has experienced a daily change of 0.08 %. This gives Paxos Standard (PAX) a Market Cap of £ 901,396,854. The total volume of Paxos Standard (PAX) traded in the last 24-hour period was £ 119,148,705. Circulating Supply of Paxos Standard (PAX) is 973,540,000. Total Supply of Paxos Standard (PAX) is 136,056,000.

You can buy Paxos Standard UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If PAX is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with PAX on Binance, or an alternative exchange.

Paxos Standard PAX is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, PAX had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given PAX a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Paxos Standard (PAX) is a digital asset secured by cryptography. We supply PAX/GBP trading pairs below. More information can be obtained from the official Paxos Standard (PAX) website at: paxos.com

PAX blockchain can be viewed here: etherscan.io ethplorer.io enjinx.io

PAX social networks can be viewed here: Twitter

Paxos Standard (PAX) Rating

★★★★★★★★★★
3 stars 3 votes

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PAX/GBP Price Chart

Market Cap
£ 901,396,854
Volume 24h
£ 119,148,705
Circulating Supply
973,540,000
Total Supply
136,056,000
PAX
£

PAX Questions and Answers

What is the latest price of PAX in GBP?
The latest PAX Price is £0.9276
What is PAX's MarketCap in GBP?
PAX's MarketCap is £ 901,396,854
Where can I buy PAX in the UK?
You can buy PAX on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of PAX in GBP?
The 24-hour trading volume of PAX is £ 119,148,705
What is the Circulating Supply of PAX?
The Circulating Supply of PAX is 973,540,000
What is the Total Supply of PAX?
The Total Supply of PAX is 136,056,000
Where can I sell PAX in the UK?
You can sell PAX on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for PAX?
The current visitor generated star rating for PAX is 3 (based upon 3 visitor votes)