Hi friends, In this Today lecture from @yohan2on I learn the benefits of stable couns at the same time for long holding stable couns not suitable. Because it's the price not get any chance at any market conditions. In a sudden crypto market crash, stable coins play a big role. It's a voice of our loss for chafing our assets into those.

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In the present crypto market, we having a lot of stable coins like USDT, USDC, DAI, PAX and many more.

From this, I think PAX is different from it. In my today post, I explain why I feel this is different than comparing to other stable coins in the crypto field.

At present PAX trading around 0.99$ and having 95th rank in https://www.coingecko.com/.

_{Present PAX Trading Price}

PAX coin is regulated buy ERC 20 stable coins. It's value always maintain by a 1:1 ratio with USDT. Means it's vale always equal to 1$ at any financial condition.

Why Paxos Standard Token (PAX) bring to Crypto Market??

All of us know PAX token is an ERC 20 stable coin issues in Ethereum Blockchain. This coin regulated by stablecoin collateralized, U.S.

This stable coin main moto for bringing the crypto market is to reduce volatile in the crypto market and giving equal growth of blockchain and Fiat currency together.

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Here PAX coin fully backed by USD. means we can redeem PAX to USD, at the same time USD to PAX. In his transaction no loss for us, because those values are the same in any coin format.

So Investors can invest their money in the crypto market very easily. Because here they can withdraw their crypto money to the bank very easily.

Here they can do their transaction from anywhere to any account very easily. This transaction is done through blockchain so offer riskless translations.

Team Of PAX:-

PAX platform having well, experienced persons in their team. This company co-founder and CEO is Charles Cascarilla. He having good experience in this crypto field and having a good vision too.

_{Pax Team}

That's why this platform running successfully still now.

PAX Vision :-

Still, now we facing a lot of issues for investing huge money in the crypto market due to a lot of regulations, Transaction fee and Taking Time to receive our wallets. For solving all those fiat related issues they introduce this coin. Due to this possible to get the fastest transactions, and reduce the Transaction fee too. Their main vision to full fill the gap between fiat and crypto investments.

Check it's vision in this video.

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How This Platform(PAX) Working:-

At present we having volatility of crypto assets, remove friction from cross-border transactions, and some other issues we have. These issues we solving using PAX assets very easily.

For Example, we need to pay for our shopping 👗. But the shop owner accepts USD only. But here you having crypto assets only, not having USD.

In this situation we can pay very easily on using our crypto assets, for this, we just convert your assets to PAX, then pay that shopkeeper.

Here PAX internally convert to USD then add to his bank account.

Now we and the shopkeeper both are happy because the shop keeper gets his exact amount in his bank, we also pay without Transaction to see to them using crypto assets.

Like that PAX working in the real world.

After receiving PAX to shop keeper that PAX coins burned automatically for maintaining it's price.

This platform also maintain its monthly audit, those we check here

Why PAX Asset is Different From Other Stable Coins:-

On seeing it's Website and It's Whitepaper we clearly understand why it is different from other stable coins.

• PAX is fully regulated by the New York State Department of Financial Services so getting 100% trusty ness.

• We can withdraw at any time when you need.

• Audited by U.S. auditing firm Withum.
  

  
  
  

_{Monthly Audit Report}

• We can check purchase and reduction widow on their website.

• All Transactions going on the blockchain so open to all.

• We can buy and withdraw PAX coin without any fee so no additional fee for deposit and Withdrew through PAX coin. This feature I like more.

Like that it has many advantages with PAX coin, all those bring it to different from another stable coin.

Where We Buy PAX Token:-

At present trading all most all major exchanges like Binance, Huobi and many more.

Present market cap around $801,800,511 and having 804,155,971 circulation supply. It's complete supply also 804,155,971 only. Means Total coins now trading in the Market.

At present PAX listing in more than 150 exchanges along with the Decentralized Exchange platform also.
So, We can buy PAX token through these Exchanges.

Trading Desks Available For Pax

Supported Wallets

Lending, Payments, Chains, and More

All these Screen shot taken from Pax website.

Where We hold our PAX Token:-

Pax is ERC 20 Stable coin so we can hold in ERC comfortable wallets like MyEtherWallet, MetaMask, Mist or Jaxx, Trustwallet and many more. So we don't get any issues with holding PAX Token.

It's Use Cases

• We can do PEER to PEER transaction very faster and without Fee.

• With PAX we can purchase goods very easily.

• It is Tradable so we can exchange PAX for any assets, at the same time any assets to PAX very easily.

• For holding a long time also we got to get any price volatile at any market conditions.

All those features and Advantages keep PAX stable coin is different from other stable coins.

Hope I finish my homework task correctly, If any wrong I make pls verify me.

Thanks for reading My Post.