Convert PAX Gold PAXG to Wrapped Bitcoin WBTC
PAXG to WBTC: 1 PAX Gold converts to 0.0310 WBTC as of July 5 at 9:00 PM
About PAXG and WBTC
PAX Gold is falling, while Wrapped Bitcoin is climbing this week. The current PAXG to WBTC conversion rate is 0.031. Inversely, this means that if you convert 1 WBTC you will get 32.3 PAXG. The conversion rate of PAXG/WBTC has decreased by 0.01% in the last hour (WBTC/PAXG increased by 0.01%). In the last 24 hours, PAXG/WBTC shrunk by 0.29%, while WBTC/PAXG grew by the same amount.
The exchange rate of PAX Gold is decreasing. The current value of 1 PAXG is 0.0310 WBTC. In other words, to buy 5 PAX Gold, it would cost you 0.1548 WBTC. Inversely, 1 WBTC would allow you to trade for 32.30 PAXG while 50 WBTC would convert to 1,614.75 PAXG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.81%. Meanwhile, in the last 24 hours, the rate has changed by 0.29%, which means that the highest exchange rate of 1 PAXG to WBTC was 0.0311 WBTC and the lowest 24 hour value was 1 PAXG for 0.0309 WBTC. Last month, 1 PAXG was worth 0.0334 WBTC. Today, it's down 7.9%. Looking back a year, PAX Gold has changed by 0.0404 WBTC. That means that in a single year, the value of PAX Gold has shrank by 30.42%.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Conversion tables
PAXG to WBTC values from Today at 8:59 pm
0.5 PAXG = 0.0155 WBTC |
1 PAXG = 0.0310 WBTC |
5 PAXG = 0.15 WBTC |
10 PAXG = 0.31 WBTC |
50 PAXG = 1.55 WBTC |
100 PAXG = 3.10 WBTC |
500 PAXG = 15.48 WBTC |
1,000 PAXG = 30.96 WBTC |
WBTC to PAXG values from Today at 8:59 pm
0.5 WBTC = 16.15 PAXG |
1 WBTC = 32.30 PAXG |
5 WBTC = 161.48 PAXG |
10 WBTC = 322.95 PAXG |
50 WBTC = 1,614.75 PAXG |
100 WBTC = 3,229.51 PAXG |
500 WBTC = 16,147.53 PAXG |
1,000 WBTC = 32,295.05 PAXG |
PAXG to WBTC over time
PAXG | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 PAXG | 0.0155 WBTC | 0.0155 WBTC | 0.0167 WBTC | 0.0202 WBTC |
1 PAXG | 0.0310 WBTC | 0.0311 WBTC | 0.0334 WBTC | 0.0404 WBTC |
5 PAXG | 0.15 WBTC | 0.16 WBTC | 0.17 WBTC | 0.20 WBTC |
10 PAXG | 0.31 WBTC | 0.31 WBTC | 0.33 WBTC | 0.40 WBTC |
50 PAXG | 1.55 WBTC | 1.55 WBTC | 1.67 WBTC | 2.02 WBTC |
100 PAXG | 3.10 WBTC | 3.11 WBTC | 3.34 WBTC | 4.04 WBTC |
500 PAXG | 15.48 WBTC | 15.53 WBTC | 16.71 WBTC | 20.19 WBTC |
1,000 PAXG | 30.96 WBTC | 31.06 WBTC | 33.41 WBTC | 40.39 WBTC |
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Frequently asked questions
How much is 1 PAX Gold in USD?
Right now, 1 PAX Gold is worth about $3,345.26.
How much PAXG could I buy for 1 USD?
Based on the current rate, you could get 0.000299 PAXG for 1 USD.
How much has the price of PAX Gold changed?
PAX Gold price has been on the rise. Since yesterday, the exchange rate of PAX Gold has increased. Since last month, the exchange rate of PAX Gold has decreased. Since this time last year, the price of PAX Gold has increased.
How do I calculate or convert PAXG to USD?
You can use our PAXG to USD calculator at the top of this page to convert any amount of PAXG to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.0015 PAXG. Inversely, 5 PAXG will cost about $16,726.30
How can I buy 1 PAX Gold on Coinbase?
PAX Gold is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy PAX Gold.
What are assets similar to PAX Gold that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to PAX Gold, including Pudgy Penguins, Kaia, and Stacks. For a more robust list of assets to explore, jump to the asset page dedicated to PAX Gold.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.