Convert and swap Paxos Standard PAX to Wrapped Bitcoin WBTC
PAX/WBTC: 1 Paxos Standard equals 0.000016 WBTC
Last update: 10:23 AM, October 12, 2024
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Paxos Standard market latest
Paxos Standard is falling this week.
The current PAX to WBTC conversion rate is 0. Inversely, this means that if you convert 1 WBTC you will get 62,846.18 PAX.
The conversion rate of PAX/WBTC has decreased by 0.27% in the last hour and shrunk by 2.7% in the last 24 hours.
Wrapped Bitcoin is climbing this week.
The current WBTC to PAX conversion rate is 62,846.18. Inversely, this means that if you convert 1 PAX you will get 0 WBTC.
The conversion rate of WBTC/PAX has increased by 0.27% in the last hour and grown by 2.7% in the last 24 hours.
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About Paxos Standard
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.
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About Wrapped Bitcoin
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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Frequently asked questions
How much is 1 Paxos Standard in WBTC?
Right now, 1 Paxos Standard is worth about 0.000016 WBTC.
How much PAX could I buy for 1 WBTC?
Based on the current rate, you could get 62,846.18 PAX for 1 WBTC.
How do I calculate or convert PAX to WBTC?
You can use our PAX to WBTC calculator at the top of this page to convert any amount of PAX to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 314,230.88 PAX. Inversely, 5 PAX will cost about 0.00008 WBTC.
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 Fusionist, Art de Finance, and WAX. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
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PAX to WBTC conversion tables
The exchange rate of Paxos Standard is increasing.
The current value of 1 PAX is 0.000016 WBTC. In other words, to buy 5 Paxos Standard, it would cost you 0.000080 WBTC. Inversely, 1 WBTC would allow you to trade for 62,846.18 PAX while 50 WBTC would convert to 3,142,308.77 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.13%. Meanwhile, in the last 24 hours, the rate has changed by 2.85%, and that the the highest exchange rate of 1 PAX to WBTC was 0.000016 WBTC and the lowest 24 hour value was 1 PAX for 0.000016 WBTC. This time last month, the value of 1 PAX was 0.000017 WBTC, which is a 8.28% increase from where it is now. Looking back a year, Paxos Standard has changed by 0.000037 WBTC. That means that in a single year, the value of Paxos Standard has shrank by 134.09%.
PAX to WBTC performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
0.000016 WBTC | -2.85% | 0.000016 WBTC | -1.13% | 0.000017 WBTC | -8.28% | 0.000037 WBTC | -134.09% |
PAX to WBTC
Amount (PAX) | Today at 10:23 am |
|---|---|
0.5 PAX | 0.00000796 WBTC |
1 PAX | 0.000016 WBTC |
5 PAX | 0.000080 WBTC |
10 PAX | 0.000159 WBTC |
50 PAX | 0.000796 WBTC |
100 PAX | 0.0016 WBTC |
500 PAX | 0.0080 WBTC |
1,000 PAX | 0.0159 WBTC |
WBTC to PAX
Amount (WBTC) | Today at 10:23 am |
|---|---|
0.5 WBTC | 31,423.09 PAX |
1 WBTC | 62,846.18 PAX |
5 WBTC | 314,230.88 PAX |
10 WBTC | 628,461.75 PAX |
50 WBTC | 3,142,308.77 PAX |
100 WBTC | 6,284,617.54 PAX |
500 WBTC | 31,423,087.70 PAX |
1,000 WBTC | 62,846,175.40 PAX |
Today vs. 24 hours ago
Amount | Today at 10:23 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 PAX | 0.000008 WBTC | 0.000008 WBTC | -2.85% |
1 PAX | 0.000016 WBTC | 0.000016 WBTC | -2.85% |
5 PAX | 0.000080 WBTC | 0.000082 WBTC | -2.85% |
10 PAX | 0.000159 WBTC | 0.000164 WBTC | -2.85% |
50 PAX | 0.000796 WBTC | 0.000818 WBTC | -2.85% |
100 PAX | 0.001591 WBTC | 0.001636 WBTC | -2.85% |
500 PAX | 0.007956 WBTC | 0.008182 WBTC | -2.85% |
1,000 PAX | 0.015912 WBTC | 0.016365 WBTC | -2.85% |
Today vs. 1 month ago
Amount | Today at 10:23 am | 1 month ago | 1M Change |
|---|---|---|---|
0.5 PAX | 0.000008 WBTC | 0.000009 WBTC | -8.28% |
1 PAX | 0.000016 WBTC | 0.000017 WBTC | -8.28% |
5 PAX | 0.000080 WBTC | 0.000086 WBTC | -8.28% |
10 PAX | 0.000159 WBTC | 0.000172 WBTC | -8.28% |
50 PAX | 0.000796 WBTC | 0.000861 WBTC | -8.28% |
100 PAX | 0.001591 WBTC | 0.001723 WBTC | -8.28% |
500 PAX | 0.007956 WBTC | 0.008614 WBTC | -8.28% |
1,000 PAX | 0.015912 WBTC | 0.017229 WBTC | -8.28% |
Today vs. 1 year ago
Amount | Today at 10:23 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 PAX | 0.000008 WBTC | 0.000019 WBTC | -134.09% |
1 PAX | 0.000016 WBTC | 0.000037 WBTC | -134.09% |
5 PAX | 0.000080 WBTC | 0.000186 WBTC | -134.09% |
10 PAX | 0.000159 WBTC | 0.000372 WBTC | -134.09% |
50 PAX | 0.000796 WBTC | 0.001862 WBTC | -134.09% |
100 PAX | 0.001591 WBTC | 0.003725 WBTC | -134.09% |
500 PAX | 0.007956 WBTC | 0.018624 WBTC | -134.09% |
1,000 PAX | 0.015912 WBTC | 0.037249 WBTC | -134.09% |
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