Convert Paxos Standard PAX to MX Token MX
PAX to MX: 1 Paxos Standard converts to 0.39 MX as of June 14 at 3:06 PM
About PAX and MX
Paxos Standard is falling, while MX Token is climbing this week. The current PAX to MX conversion rate is 0.39. Inversely, this means that if you convert 1 MX you will get 2.56 PAX. The conversion rate of PAX/MX has increased by 0.04% in the last hour (MX/PAX decreased by 0.04%). In the last 24 hours, PAX/MX shrunk by 0.48%, while MX/PAX grew by the same amount.
The exchange rate of Paxos Standard is decreasing. The current value of 1 PAX is 0.39 MX. In other words, to buy 5 Paxos Standard, it would cost you 1.95 MX. Inversely, 1 MX would allow you to trade for 2.56 PAX while 50 MX would convert to 127.90 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.53%, which means that the highest exchange rate of 1 PAX to MX was 0.40 MX and the lowest 24 hour value was 1 PAX for 0.39 MX. Last month, 1 PAX was worth 0.36 MX. Today, it's up 7.11%. Looking back a year, Paxos Standard has changed by 0.26 MX. That means that in a single year, the value of Paxos Standard has grown by 32.93%.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.