PAXG to ETH conversion chart
Pax Gold to Ethereum correlation
ETH and PAXG are not correlated to each other as ETH’s value depends on the supply and demand. Whereas, PAXG is a stable coin which is backed by the price of gold. PAXG’s value is less prone to volatility, regardless of the market conditions. Hence, ETH and PAXG do not share a strong relationship.
Live PAX Gold Price Change and Market Cap
Currently, the PAXG price is 1.157 ETH. From the PAX Gold price chart, we can see that the 24-hour change is 1.49%. The circulating supply is 132.26 PAXG and the market cap in the past 24H is $134. In the previous 24 hours, the PAX Gold price hit highs of 1.163 ETH and lows of 1.128 ETH.
PAX Gold Price Prediction
PAX Gold reached its historic maximum price $3,487.68 on April 20, 2020. $1,387.98 is its all-time low, observed on October 19, 2019. As of December 2022, it is 48% down from the ATH and 30% up from the all-time low.
As a stablecoin pegged to gold, its price directly depends on the precious metal. In 2023, the PAXG price forecast is $2,185 maximum. By 2025, PAXG is expected to reach $2,272 US dollars. A 2030 price prediction for PAX Gold gives a target at $3,381.
PAXG to ETH exchange margin
Considering today’s exchange rate, a transaction of 1 PAXG to ETH would result in an output of 1.157 ETH.
How to convert Pax Gold to Ethereum
Pax Gold and Ethereum comparison
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For the starters, smart contracts are pieces of code which automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum blockchain.
What is PAX Gold (PAXG)?
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
Pax Gold to Ethereum price details
PAXG to ETH Conversion Rate and Price
Currently, the conversion rate for 1 PAXG equals to 1.157 ETH. The 24-hour highest price of Pax Gold in relation to ETH was 1.163 ETH and the lowest was 1.128 ETH. In short, PAXG price in relation to ETH changed by 1.49%.
Instantly Exchange PAXG to ETH
On ChangeHero you can instantly exchange Pax Gold to Ethereum without signup. You can easily convert PAXG to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your PAXG to ETH exchange.
PAXG to ETH Best Rate Exchange
In the the Best Rate exchange of Pax Gold to Ethereum, we search through various exchanges for the PAXG to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the PAXG is deposited, the exchange will be automatically processed. We remind you that the final amount of ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of PAXG to ETH.
PAXG to ETH Fixed Rate Conversion
In the the Fixed Rate exchange of Pax Gold to Ethereum, ChangeHero finds a good rate for the pair PAXG to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of PAXG to ETH, you will receive the exact amount of ETH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified ETH address. ChangeHero is the best place to exchange PAXG to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert PAXG to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange PAXG to ETH?
No, you do not require an account to swap PAXG to ETH on ChangeHero. There will be no registrations for your Pax Gold to Ethereum transaction.
Do I need to go through KYC procedures for PAXG to ETH exchange?
There will be no KYC for the PAXG to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ETH to PAXG?
Yes, you can instantly exchange ETH to PAXG on ChangeHero.
Buy and sell Ethereum
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