Convert Paxos Standard PAX to Dai DAI
PAX to DAI: 1 Paxos Standard converts to 1.00 DAI as of July 18 at 7:17 AM
About PAX and DAI
Paxos Standard is climbing, while Dai is falling this week. The current PAX to DAI conversion rate is 1. Inversely, this means that if you convert 1 DAI you will get 1 PAX. The conversion rate of PAX/DAI has increased by 0.01% in the last hour (DAI/PAX decreased by 0.01%). In the last 24 hours, PAX/DAI grew by 0.03%, while DAI/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 1.00 DAI. In other words, to buy 5 Paxos Standard, it would cost you 5.00 DAI. Inversely, 1 DAI would allow you to trade for 1.00 PAX while 50 DAI would convert to 50.02 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 PAX to DAI was 1.00 DAI and the lowest 24 hour value was 1 PAX for 1.00 DAI. Last month, 1 PAX was worth 1.00 DAI. Today, it's up 0.23%. Looking back a year, Paxos Standard has changed by 1.00 DAI. That means that in a single year, the value of Paxos Standard has shrank by 0.05%.
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.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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Conversion tables
PAX to DAI values from Today at 7:17 am
0.5 PAX = 0.50 DAI |
1 PAX = 1.00 DAI |
5 PAX = 5.00 DAI |
10 PAX = 10.00 DAI |
50 PAX = 49.98 DAI |
100 PAX = 99.96 DAI |
500 PAX = 499.80 DAI |
1,000 PAX = 999.60 DAI |
DAI to PAX values from Today at 7:17 am
0.5 DAI = 0.50 PAX |
1 DAI = 1.00 PAX |
5 DAI = 5.00 PAX |
10 DAI = 10.00 PAX |
50 DAI = 50.02 PAX |
100 DAI = 100.04 PAX |
500 DAI = 500.20 PAX |
1,000 DAI = 1,000.40 PAX |
PAX to DAI over time
PAX | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 PAX | 0.50 DAI | 0.50 DAI | 0.50 DAI | 0.50 DAI |
1 PAX | 1.00 DAI | 1.00 DAI | 1.00 DAI | 1.00 DAI |
5 PAX | 5.00 DAI | 5.00 DAI | 4.99 DAI | 5.00 DAI |
10 PAX | 10.00 DAI | 9.99 DAI | 9.97 DAI | 10.00 DAI |
50 PAX | 49.98 DAI | 49.97 DAI | 49.87 DAI | 50.00 DAI |
100 PAX | 99.96 DAI | 99.93 DAI | 99.73 DAI | 100.01 DAI |
500 PAX | 499.80 DAI | 499.67 DAI | 498.67 DAI | 500.03 DAI |
1,000 PAX | 999.60 DAI | 999.35 DAI | 997.35 DAI | 1,000.05 DAI |
Buy Paxos Standard with Coinbase
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Frequently asked questions
How much is 1 Paxos Standard in USD?
Right now, 1 Paxos Standard is worth about $1.00.
How much PAX could I buy for 1 USD?
Based on the current rate, you could get 1 PAX for 1 USD.
How much has the price of Paxos Standard changed?
Paxos Standard price has been on the rise. Since yesterday, the exchange rate of Paxos Standard has increased. Since last month, the exchange rate of Paxos Standard has increased. Since this time last year, the price of Paxos Standard has decreased.
How do I calculate or convert PAX to USD?
You can use our PAX to USD calculator at the top of this page to convert any amount of PAX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5 PAX. Inversely, 5 PAX will cost about $5.00
How can I buy 1 Paxos Standard on Coinbase?
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
What are assets similar to Paxos Standard that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including BitDCA, Metal DAO, and Newton. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
Buy Paxos Standard with Coinbase
Create a Coinbase account to buy and sell Paxos Standard on the most secure crypto exchange.
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