Convert Paxos Standard PAX to Wrapped Bitcoin WBTC
PAX to WBTC: 1 Paxos Standard converts to 0.00000926 WBTC as of July 5 at 8:54 PM
About PAX and WBTC
Paxos Standard is falling, while Wrapped Bitcoin is climbing this week. The current PAX to WBTC conversion rate is 0.00000926. Inversely, this means that if you convert 1 WBTC you will get 107,963.52 PAX. The conversion rate of PAX/WBTC has decreased by 0.01% in the last hour (WBTC/PAX increased by 0.01%). In the last 24 hours, PAX/WBTC shrunk by 0.41%, while WBTC/PAX grew by the same amount.
The exchange rate of Paxos Standard is decreasing. The current value of 1 PAX is 0.00000926 WBTC. In other words, to buy 5 Paxos Standard, it would cost you 0.00004631 WBTC. Inversely, 1 WBTC would allow you to trade for 107,963.52 PAX while 50 WBTC would convert to 5,398,176.02 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.42%, and that the highest exchange rate of 1 PAX to WBTC was 0.00000931 WBTC and the lowest 24 hour value was 1 PAX for 0.00000925 WBTC. Last month, 1 PAX was worth 0.00000986 WBTC. Today, it's down 6.49%. Looking back a year, Paxos Standard has changed by 0.000017 WBTC. That means that in a single year, the value of Paxos Standard has shrank by 85.25%.
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.
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.
Conversion tables
PAX to WBTC values from Today at 8:53 pm
0.5 PAX = 0.00000463 WBTC |
1 PAX = 0.00000926 WBTC |
5 PAX = 0.000046 WBTC |
10 PAX = 0.000093 WBTC |
50 PAX = 0.000463 WBTC |
100 PAX = 0.000926 WBTC |
500 PAX = 0.0046 WBTC |
1,000 PAX = 0.0093 WBTC |
WBTC to PAX values from Today at 8:53 pm
0.5 WBTC = 53,981.76 PAX |
1 WBTC = 107,963.52 PAX |
5 WBTC = 539,817.60 PAX |
10 WBTC = 1,079,635.20 PAX |
50 WBTC = 5,398,176.02 PAX |
100 WBTC = 10,796,352.04 PAX |
500 WBTC = 53,981,760.20 PAX |
1,000 WBTC = 107,963,520.41 PAX |
PAX to WBTC over time
PAX | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 PAX | 0.00000463 WBTC | 0.00000465 WBTC | 0.00000493 WBTC | 0.00000858 WBTC |
1 PAX | 0.00000926 WBTC | 0.00000930 WBTC | 0.00000986 WBTC | 0.000017 WBTC |
5 PAX | 0.000046 WBTC | 0.000047 WBTC | 0.000049 WBTC | 0.000086 WBTC |
10 PAX | 0.000093 WBTC | 0.000093 WBTC | 0.000099 WBTC | 0.000172 WBTC |
50 PAX | 0.000463 WBTC | 0.000465 WBTC | 0.000493 WBTC | 0.000858 WBTC |
100 PAX | 0.000926 WBTC | 0.000930 WBTC | 0.000986 WBTC | 0.0017 WBTC |
500 PAX | 0.0046 WBTC | 0.0047 WBTC | 0.0049 WBTC | 0.0086 WBTC |
1,000 PAX | 0.0093 WBTC | 0.0093 WBTC | 0.0099 WBTC | 0.0172 WBTC |
Frequently asked questions
How much is 1 Paxos Standard in EUR?
Right now, 1 Paxos Standard is worth about €0.85.
How much PAX could I buy for 1 EUR?
Based on the current rate, you could get 1.18 PAX for 1 EUR.
How much has the price of Paxos Standard changed?
Paxos Standard price has been declining. Since yesterday, the exchange rate of Paxos Standard has decreased. Since last month, the exchange rate of Paxos Standard has increased. Since this time last year, the price of Paxos Standard has increased.
How do I calculate or convert PAX to EUR?
You can use our PAX to EUR calculator at the top of this page to convert any amount of PAX to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 5.89 PAX. Inversely, 5 PAX will cost about €4.25
How can I buy 1 Paxos Standard on Coinbase?
Paxos Standard is available to trade on DEX within your Coinbase app. 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 Usual, TARS AI, and Delysium. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
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