Pax Dollar to Tron correlation
TRX and USDP are not correlated to each other as TRX’s value depends on the supply and demand. Whereas, USDP is a stable coin which is backed by traditional fiats like the dollar and the euro. USDP’s value remains the same, which is $1 regardless of the market conditions. Hence, TRX and USDP do not share a strong relationship.
Live USDP Price Change and Market Cap
As of now, the USDP price is 0$. The 24-hour change according to the USDP price chart is 0.00%. The total market capitalization of Pax Dollar today is $0 with a circulation supply of 0 USDP. In the previous 24 hours, the Pax Dollar price hit highs of 0$ and lows of 0$.
Pax Dollar Price Prediction
Pax Dollar is a stablecoin launched by the Paxos. As the value of USDP is backed by the US Dollar, the price will not go through any changes. The peg is in the ratio of 1:1 which means that USDP price will always be equal to $1 in any given time regardless of the market conditions. So, in the short-term and even in the long-run the Pax Dollar price will remain more or less the same.
USDP to TRX exchange margin
The closing conversion rate for USDP to TRX yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDP to TRX would result in an output of 0$.
How to convert Pax Dollar to TRX
Pax Dollar and Tron comparison
Pax Dollar belongs to a new domain of cryptocurrencies called stablecoins. Every USDP token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind Pax Dollar publishes real-time data about the escrow accounts holding USD.
Tron is a decentralized digital entertainment platform on Blockchain. Tron was founded in the year 2017 by the Tron Foundation and the project is headed by the CEO Justin Sun. Tron aims to remove the middlemen in the entertainment industry by functioning as a bridge between the content creators and consumers. Tronix is the native cryptocurrency of the TRON blockchain and trades with the ticker TRX. Tronix can be used by the users of the blockchain to pay for the content they wish to access. TRX can also be traded in the market similar to other cryptocurrencies.
What is Pax Dollar?
Previously known as Paxos Standard, Pax Dollar is a stablecoin — a token the price of which is pegged to another currency, in USDP's case it is USD.
Pax Dollar is an ERC-20 token and USDP is its trading ticker. It can be held or traded similarly to other cryptocurrencies. The value of 1 BUSD will always be equal to $1 regardless of the market conditions. Paxos acts as the custodian for the US Dollars that back the USDP and has an appropriate license.
Pax Dollar to Tron price details
USDP to TRX Conversion Rate and Price
At the moment, the conversion rate for 1 USDP equals to 0$. The 24-hour highest price of Pax Dollar in relation to TRX was 0$ and the lowest was 0$. In short, USDP price in relation to TRX changed by 0.00%.
Instantly Exchange USDP to TRX
On ChangeHero you can instantly exchange Pax Dollar to Tron without registrations. You can easily convert USDP to TRX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDP to TRX exchange.
USDP to TRX Best Rate Exchange
In the the Best Rate exchange of Pax Dollar to Tron, we search through various exchanges for the USDP to TRX pair and find the best rate available in the market. We provide you with an estimation of the amount of TRX you will receive.
As soon as you accept the terms and the USDP is deposited, the exchange will be automatically processed. We remind you that the final amount of TRX you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDP to TRX.
USDP to TRX Fixed Rate Conversion
In the the Fixed Rate exchange of Pax Dollar to Tron, ChangeHero finds a good rate for the pair USDP to TRX and fix the rate for up to 15 minutes. In the Best Rate exchange of USDP to TRX, you will receive the exact amount of TRX 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 TRX address. ChangeHero is the best place to exchange USDP to TRX fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDP to TRX?
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 USDP to TRX?
No, you do not require an account to swap USDP to TRX on ChangeHero. There will be no registrations for your Pax Dollar to Tron transaction.
Do I need to go through KYC procedures for USDP to TRX exchange?
There will be no KYC for the USDP to TRX 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 TRX to USDP?
Yes, you can instantly exchange TRX to USDP on ChangeHero.
Buy and sell TRON
Looking to top-up your TRON holdings? You can simply do that on ChangeHero. You can buy TRON with a Visa or Mastercard. You can also sell your cryptocurrency on the platform instantly. In both cases, you can be sure that you will get the best rates and experience on ChangeHero.
