Convert PAX Gold PAXG to Wrapped Bitcoin WBTC
PAXG to WBTC: 1 PAX Gold converts to 0.06405 WBTC
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About PAXG and WBTC
PAX Gold is falling, while Wrapped Bitcoin is climbing this week. The current PAXG to WBTC conversion rate is 0.06405. Inversely, this means that if you convert 1 WBTC you will get 15.61 PAXG. The conversion rate of PAXG/WBTC has increased by 0.46% in the last hour (WBTC/PAXG decreased by 0.46%). In the last 24 hours, PAXG/WBTC shrunk by 0.22%, while WBTC/PAXG grew by the same amount.
The exchange rate of PAX Gold is increasing. The current value of 1 PAXG is 0.06405 WBTC. In other words, to buy 5 PAX Gold, it would cost you 0.32026 WBTC. Inversely, 1 WBTC would allow you to trade for 15.61 PAXG while 50 WBTC would convert to 780.61 PAXG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.62%. Meanwhile, in the last 24 hours, the rate has changed by 0.08%, and that the highest exchange rate of 1 PAXG to WBTC was 0.06429 WBTC and the lowest 24 hour value was 1 PAXG for 0.06319 WBTC. Last month, 1 PAXG was worth 0.06615 WBTC. Today, it's down 3.27%. Looking back a year, PAX Gold has changed by 0.02799 WBTC. That means that in a single year, the value of PAX Gold has grown by 56.3%.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
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
PAXG to WBTC values from Today at 2:07 am
0.5 PAXG = 0.03203 WBTC |
1 PAXG = 0.06405 WBTC |
5 PAXG = 0.3203 WBTC |
10 PAXG = 0.6405 WBTC |
50 PAXG = 3.20 WBTC |
100 PAXG = 6.41 WBTC |
500 PAXG = 32.03 WBTC |
1,000 PAXG = 64.05 WBTC |
WBTC to PAXG values from Today at 2:04 am
0.5 WBTC = 7.81 PAXG |
1 WBTC = 15.61 PAXG |
5 WBTC = 78.06 PAXG |
10 WBTC = 156.12 PAXG |
50 WBTC = 780.61 PAXG |
100 WBTC = 1,561.22 PAXG |
500 WBTC = 7,806.08 PAXG |
1,000 WBTC = 15,612.15 PAXG |
PAXG to WBTC over time
PAXG | Today | 24H 0.08% | 1M -3.27% | 1Y 56.30% |
|---|---|---|---|---|
0.5 PAXG | 0.03203 WBTC | 0.032 WBTC | 0.03307 WBTC | 0.01399 WBTC |
1 PAXG | 0.06405 WBTC | 0.064 WBTC | 0.06615 WBTC | 0.02799 WBTC |
5 PAXG | 0.3203 WBTC | 0.32 WBTC | 0.3307 WBTC | 0.1399 WBTC |
10 PAXG | 0.6405 WBTC | 0.64 WBTC | 0.6615 WBTC | 0.2799 WBTC |
50 PAXG | 3.20 WBTC | 3.20 WBTC | 3.31 WBTC | 1.40 WBTC |
100 PAXG | 6.41 WBTC | 6.40 WBTC | 6.61 WBTC | 2.80 WBTC |
500 PAXG | 32.03 WBTC | 32.00 WBTC | 33.07 WBTC | 13.99 WBTC |
1,000 PAXG | 64.05 WBTC | 64.00 WBTC | 66.15 WBTC | 27.99 WBTC |
Frequently asked questions
Right now, 1 PAX Gold is worth about $4,065.37.
Based on the current rate, you could get 0.000246 PAXG for 1 USD.
PAX Gold price has been declining. Since yesterday, the exchange rate of PAX Gold has decreased. Since last month, the exchange rate of PAX Gold has decreased. Since this time last year, the price of PAX Gold has increased.
You can use our PAXG to USD calculator at the top of this page to convert any amount of PAXG to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00123 PAXG. Inversely, 5 PAXG will cost about $20,326.85
PAX Gold is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy PAX Gold.
There are a number of crypto assets that have the a similar or comparable market cap to PAX Gold, including Uniswap, World Liberty Financial, and Bittensor. For a more robust list of assets to explore, jump to the asset page dedicated to PAX Gold.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.