Convert Gems GEM to Paxos Standard PAX
GEM to PAX: 1 Gems converts to 0.00001013 PAX
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About GEM and PAX
Gems is climbing, while Paxos Standard is falling this week. The current GEM to PAX conversion rate is 0.00001013. Inversely, this means that if you convert 1 PAX you will get 98,677.34 GEM. The conversion rate of GEM/PAX has decreased by 0% in the last hour (PAX/GEM increased by 0%). In the last 24 hours, GEM/PAX grew by 0.37%, while PAX/GEM shrunk by the same amount.
The exchange rate of Gems is increasing. The current value of 1 GEM is 0.00001013 PAX. In other words, to buy 5 Gems, it would cost you 0.00005067 PAX. Inversely, 1 PAX would allow you to trade for 98,677.34 GEM while 50 PAX would convert to 4,933,867.00 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.65%. Meanwhile, in the last 24 hours, the rate has changed by 0.37%, which means that the highest exchange rate of 1 GEM to PAX was 0.00001013 PAX and the lowest 24 hour value was 1 GEM for 0.00001006 PAX. Last month, 1 GEM was worth 0.00001006 PAX. Today, it's up 0.71%. Looking back a year, Gems has changed by 0.00001008 PAX. That means that in a single year, the value of Gems has grown by 0.54%.
Gems Market Stats
Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers. Gems, a decentralized, open-sourced, human task crowdsourcing protocol built on top of the Ethereum blockchain. Using the Gems Protocol, anyone can tap into the power of scalable micro task workers without needing to worry about task verification, trust, or payments. Gems is designed to disincentivize malicious actors and reward fair players. The Gems Protocol is comprised of a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. The GEM token, a multi-utility token, fuels the Gems Protocol. Gems uses its token mechanism to enforce the behavior of all participants, instead of being regulated by a single operator. Gems Protocol, aptly named the Gems Platform. The Gems Platform connects those who want work done (henceforth known as “requesters”) and human workers (henceforth known as “miners”). By using the Gems Protocol, the Gems Platform removes socioeconomic barriers that exist in centralized alternatives (e.g. large fees, market inefficiencies, need for bank accountants, etc.). Anyone can build on top of the Gems Platform, creating “modules” that are interfaces for particular human tasks. The first module the Gems team will build focuses on labeling data for AI.
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.
Conversion tables
GEM to PAX values from Today at 5:27 am
0.5 GEM = 0.000005067 PAX |
1 GEM = 0.00001013 PAX |
5 GEM = 0.00005067 PAX |
10 GEM = 0.0001013 PAX |
50 GEM = 0.0005067 PAX |
100 GEM = 0.001013 PAX |
500 GEM = 0.005067 PAX |
1,000 GEM = 0.01013 PAX |
PAX to GEM values from Today at 5:27 am
0.5 PAX = 49,338.67 GEM |
1 PAX = 98,677.34 GEM |
5 PAX = 493,386.70 GEM |
10 PAX = 986,773.40 GEM |
50 PAX = 4,933,867.00 GEM |
100 PAX = 9,867,733.99 GEM |
500 PAX = 49,338,669.96 GEM |
1,000 PAX = 98,677,339.92 GEM |
GEM to PAX over time
GEM | Today | 24H 0.37% | 1M 0.71% | 1Y 0.54% |
|---|---|---|---|---|
0.5 GEM | 0.000005067 PAX | 0.000005048 PAX | 0.000005031 PAX | 0.00000504 PAX |
1 GEM | 0.00001013 PAX | 0.0000101 PAX | 0.00001006 PAX | 0.00001008 PAX |
5 GEM | 0.00005067 PAX | 0.00005048 PAX | 0.00005031 PAX | 0.0000504 PAX |
10 GEM | 0.0001013 PAX | 0.000101 PAX | 0.0001006 PAX | 0.0001008 PAX |
50 GEM | 0.0005067 PAX | 0.0005048 PAX | 0.0005031 PAX | 0.000504 PAX |
100 GEM | 0.001013 PAX | 0.00101 PAX | 0.001006 PAX | 0.001008 PAX |
500 GEM | 0.005067 PAX | 0.005048 PAX | 0.005031 PAX | 0.00504 PAX |
1,000 GEM | 0.01013 PAX | 0.0101 PAX | 0.01006 PAX | 0.01008 PAX |
Frequently asked questions
Right now, 1 Gems is worth about $0.00001006.
Based on the current rate, you could get 99,387.96 GEM for 1 USD.
You can use our GEM to USD calculator at the top of this page to convert any amount of GEM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 496,939.82 GEM. Inversely, 5 GEM will cost about $0.00005031
Gems can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gems.
There are a number of crypto assets that have the a similar or comparable market cap to Gems, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Gems.
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