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Paypex (PAYX) Live Price Chart & History

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Price USD 3.71%
$1.662430
Price BTC
0.00018648
Volatility (7d)
1.62 %
Volatility (30d)
5.79 %
Market Cap USD
$113.8M
Market Share
Since launching at $0.358013 on 16/11/2017 Paypex has achieved a price of $1.66243, rising 60.74% in the last week alone.

Paypex Price Analysis: Predictions and Forecasts

Why buy Paypex? What is it used for?

Paypex іѕ a рlаtfоrm that еmроwеrѕ & еnhаnсеѕ thе рауmеnt ѕуѕtеmѕ based оn Ethеrеum blосkсhаіn tесhnоlоgу аnd ѕmаrt contract. Inсrеаѕе the еffісіеnсу, decrease thе соѕt оf money transfers аnd ѕеnd оr rесеіvе сrоѕѕ-bоrdеr payments іnѕtаntlу... The Pауреx Platform соnnесtѕ directly tо рауmеnt ѕеrvісе рrоvіdеrѕ, frаud mаnаgеmеnt, сrурtосurrеnсу аnd оthеr рауmеnt-rеlаtеd ѕоlutіоnѕ, hеlріng уоu tо рrоtесt rеvеnuеѕ, іnсrеаѕе ѕаlеѕ, rеduсе рауmеnt соѕtѕ. All ѕоlutіоnѕ аrе fullу іntеgrаtеd lеаdіng tо a better сuѕtоmеr еxреrіеnсе, more еffісіеnt сhаrgеbасk mаnаgеmеnt аnd еnrісhеd bасk оffісе rероrtіng.
Paypex was launched in 16/11/2017. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the @market_algorithm algorithm. Paypex's goals include With 0 fees through its planned payments app and instant confirmations using its platform, PayPex wants to being cryptocurrencies and the blockchain to be used for daily use by merchants and more. It also plans to introduce fiat-crypto conversions to help ride the tide of price volatility.

Trading Paypex : The Best Platforms to trade PAYX

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Risk Warning: Your capital is at risk

Paypex Trading: How To Buy + Trade PAYX

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a Paypex wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades PAYX
  5. Exchange your BTC, ETH or LTC for an amount of PAYX, depending on the current exchange rate
  6. Move your Paypex coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading PAYX on an exchange

As you can see, the process for trading Paypex is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Paypex crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Paypex goes to zero

You can see our list of featured trading platforms here

Will the price Paypex fall continue to rise?

It's impossible to predict for sure if Paypex is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Paypex has risen by 60.74%
  • In the past month it has gained 88.116367964757%
  • In total it has appreciated by $1.304417 since its inception, a change of 464.35%

Can Paypex reach, replace, pass or overtake bitcoin?

At present Paypex is trading at 0.00018648 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 536,250.5%. If we assume Paypex continued to as it has in the last month - with a price change of 88.12% it would take 1.2010947270976 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of PAYX is going to take off and increase in price to a higher level we've done the math for you.
In order for Paypex to reach $5.00 it needs to increase in price by a factor of 3.01x. Given its present growth rate of 88.12% per month, it could take just 4.2 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week8.4%91.5%
1 month25.3%74.6%
3 months35%64.9%
6 months39.3%60.6%
1 year42.4%57.5%
2 years44.6%55.3%
3 years45.6%54.3%
4 years46.2%53.7%
5 years46.6%53.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $10.00 it needs to increase in price by a factor of 6.02x. Given its present growth rate of 88.12% per month, it could take just 6.9 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week1.2%98.7%
1 month13.9%86%
3 months26.6%73.3%
6 months32.9%67%
1 year37.8%62.1%
2 years41.3%58.6%
3 years42.8%57.1%
4 years43.8%56.1%
5 years44.4%55.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $15.00 it needs to increase in price by a factor of 9.02x. Given its present growth rate of 88.12% per month, it could take just 8.5 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0.3%99.6%
1 month9.2%90.7%
3 months22.2%77.7%
6 months29.4%70.5%
1 year35.1%64.8%
2 years39.4%60.5%
3 years41.3%58.6%
4 years42.4%57.5%
5 years43.2%56.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $25.00 it needs to increase in price by a factor of 15.04x. Given its present growth rate of 88.12% per month, it could take just 10.4 months to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%99.9%
1 month5.1%94.8%
3 months17.2%82.7%
6 months25.2%74.7%
1 year31.9%68%
2 years37%62.9%
3 years39.3%60.6%
4 years40.7%59.2%
5 years41.7%58.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $50.00 it needs to increase in price by a factor of 30.08x. Given its present growth rate of 88.12% per month, it could take just 1.1 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%99.9%
1 month2%97.9%
3 months11.8%88.1%
6 months20.1%79.8%
1 year27.8%72.1%
2 years33.8%66.1%
3 years36.7%63.2%
4 years38.4%61.5%
5 years39.6%60.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $100.00 it needs to increase in price by a factor of 60.15x. Given its present growth rate of 88.12% per month, it could take just 1.3 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0.6%99.3%
3 months7.7%92.2%
6 months15.6%84.3%
1 year23.9%76%
2 years30.8%69.1%
3 years34.1%65.8%
4 years36.1%63.8%
5 years37.5%62.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $200.00 it needs to increase in price by a factor of 120.31x. Given its present growth rate of 88.12% per month, it could take just 1.5 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0.1%99.8%
3 months4.7%95.2%
6 months11.9%88%
1 year20.3%79.6%
2 years27.9%72%
3 years31.6%68.3%
4 years33.9%66%
5 years35.5%64.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $300.00 it needs to increase in price by a factor of 180.46x. Given its present growth rate of 88.12% per month, it could take just 1.7 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%99.9%
3 months3.5%96.4%
6 months10%89.9%
1 year18.4%81.5%
2 years26.2%73.7%
3 years30.2%69.7%
4 years32.6%67.3%
5 years34.4%65.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paypex to reach $400.00 it needs to increase in price by a factor of 240.61x. Given its present growth rate of 88.12% per month, it could take just 1.8 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%99.9%
3 months2.8%97.1%
6 months8.8%91.1%
1 year17.1%82.8%
2 years25.1%74.8%
3 years29.2%70.7%
4 years31.7%68.2%
5 years33.5%66.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Paypex a good investment? Is it safe to put my money into PAYX?

No, it is not a 'good investment' to buy Paypex, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Paypex as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of PAYX - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

Paypex Development + Team

There are @research_team_dev_size developers coding the source behind Paypex There are no sales or marketing staff on the team which could impede the coin's growth.

Paypex doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

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