Exchange Pax Dollar USDP to Shiba Inu SHIB

You give Pax Dollar USDP
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ERC20    Ethereum
Minimum amount 300 USDP
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Amount
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You get Shiba Inu SHIB
Bitcoin BTC
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Russian Standart RUB
VTB RUB
Gazprombank RUB
MKB RUB
MTS Bank RUB
Post Bank RUB
Promsvyazbank RUB
RNCB RUB
RSHB RUB
Sovcombank RUB
Rosbank RUB
Home credit RUB
Kukuruza RUB
Mir Card RUB
Business account RUB
Visa / MasterCard RUB
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Company account RUB
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ERC20    Ethereum
Network fee 900000 SHIB  (11.84 $)
BEP20    Binance Smart Chain
No fee
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Amount to get (including PS commission — 50000 SHIB)
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it is required to agree to the rules
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I consent to the processing of my personal data and accept the terms of User Agreement.
We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Be careful! We do not accept funds from the following exchanges: Garantex, CommEx. Funds sent from these exchanges will be lost with no possibility of recovery.
Instructions: Exchange Pax Dollar USDP to Shiba Inu SHIB
To make the exchange you need to perform the following steps:
1.
Fill out all the fields in the form above ↑.
2.
Read our the Terms of Service, and if you accept them, check the appropriate box.
3.
Please read and accept the User Agreement and agree to the processing of your personal information by checking the appropriate box.
4.
Press the "Start Exchange" button.
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When paying for an order, make sure you are not sending funds from a contract wallet. Such funds will not be credited to our account.
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The rate is fixed when the order is created and the customer has paid within 30 minutes after creation. If payment is not received within 30 minutes → the order is automatically deleted (payment of the order → 2 confirmation of the transaction in the Pax Dollar network).
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If the exchange rate of the received or given asset to the dollar on Binance changes by more than 5%, the service reserves the right to recalculate the exchange rate at the time of receipt of payment.
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The processing of your order begins immediately after 2 confirmations of the payment transaction in the Pax Dollar network and crediting the balance of the payment platform / exchange. If within 30 minutes after the creation of the order transaction does not receive 2 confirmations, the service reserves the right to recalculate the rate according to the Binance at the time of their be received (if the operator online). If at the time of receive of the 2 confirmation the operator is offline, the service reserves the right to recalculate the rate at the time of resumption of the operator (according to work schedule).
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If a transaction sent by you as a payment for an order is marked by the payment platform/exchange as a "deposit from Dark Market" or a "suspicious transaction" → processing of the order is suspended until the incident is resolved and may require the customer to verify (KYC).
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By making this exchange, you automatically agree to all its terms and conditions.
5.
Pay the order by transferring the exact amount to the credentials specified in the description.
6.
After making the payment → click the "I have paid" button.
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If the client has paid the order, but due to circumstances wants to cancel the exchange, the return of funds is minus 5% of the payment amount + commission within the payment system and the difference in the exchange rate.
7.
Wait for the transfer of funds from the service to the credentials you specified. All information and transfer status can be viewed on the page "Status of the request", which opens immediately after order was created.
i.
Note: The operator online status is required to perform the exchange (operator status is listed in the bottom right corner of the page). If you have any questions, please contact the operator with the Chat in the bottom right corner or at the addresses listed on the Contacts page.
*
The value specified in the field "Amount (including PS fee)" is approximate and may differ from the fee charged by payment system. Check the exact amount of transaction fee from the support service of the payment system.

More about currencies

Pax Dollar USDP

Introduction to Pax Dollar (USDP)

The Pax Dollar (USDP) is a reputable stablecoin designed to provide a reliable digital representation of the US dollar on blockchain platforms. Issued by Paxos Trust Company, USDP aims to combine the stability of traditional fiat currency with the advantages of blockchain technology, offering a transparent, secure, and compliant digital dollar. Its primary objective is to facilitate seamless, fast, and cost-effective financial transactions across borders, catering to both retail users and institutional participants.

Advantages of Pax Dollar (USDP)

1. Stability and Fidelity to the US Dollar: USDP is fully backed by reserve assets held in segregated accounts, ensuring a 1:1 peg with the US dollar. Regular audits and transparency measures enhance trust among users.

2. Regulatory Compliance: Paxos adheres to licensed and regulated standards, including monthly audits by third-party firms, providing reassurance against insolvency risks and market manipulation.

3. Security and Transparency: The use of blockchain technology allows for transparent transactions, with users able to verify balances and transfers on public ledgers, increasing trust and accountability.

4. High Liquidity and Broad Adoption: USDP is integrated into numerous DeFi platforms, exchanges, and wallets, ensuring high liquidity and accessibility for users globally.

5. Fast and Cost-Efficient Transactions: Transactions using USDP are faster and cheaper compared to traditional banking systems, especially for cross-border payments and remittances.

Uncommon DeFi and Retail Uses of USDP

DeFi Applications: USDP is increasingly utilized in decentralized finance (DeFi) protocols beyond simple trading. It serves as collateral in lending and borrowing platforms like Aave or Compound, enabling users to earn interest or leverage positions without exiting the ecosystem.

Liquidity Provision and Yield Farming: Users provide USDP as liquidity in decentralized exchanges, earning transaction fees and yield farming rewards, thus unlocking more earning avenues than standard stablecoin holdings.

Decentralized Autonomous Organizations (DAOs): USDP can be used within DAOs to facilitate governance votes, fund allocation, or treasury management, offering transparency and ease of transfer among members.

Retail Remittances and Cross-Border Payments: On the retail side, USDP simplifies international remittances, reducing costs and transfer times significantly compared to traditional methods. Small businesses also use USDP for faster settlement of cross-border transactions.

Tokenized Assets and Fractional Ownership: Innovative projects are tokenizing real estate and other assets denominated in USDP, enabling fractional ownership and increasing accessibility for investors.

Risks Associated with USDP

Regulatory Risks: As governments worldwide develop new regulations around stablecoins, USDP could face compliance challenges, restrictions, or bans that impact its usability and liquidity.

Reserve Management Risks: The stability of USDP relies heavily on the proper management of reserves. Any mismanagement, lack of transparency, or auditing discrepancies could undermine confidence and threaten the peg.

Smart Contract and Security Vulnerabilities: Although protocols utilize multiple layers of security, potential smart contract bugs or vulnerabilities in DeFi integrations could lead to loss of funds or operational disruptions.

Market Risks and Liquidity Fluctuations: Surges in demand or sudden market shocks can cause temporary liquidity issues or dislocations in the USDP peg, especially during periods of high volatility.

Operational and Counterparty Risks: Paxos Trust Company, as issuer, faces operational risks, including technological failures, legal challenges, or banking restrictions that could impact USDP’s stability.

Future Perspectives for Pax Dollar (USDP)

Growing Adoption in DeFi and Traditional Finance: USDP is poised to increase its presence within decentralized finance, being integrated into more lending, borrowing, and yield farming protocols. Meanwhile, traditional finance institutions are exploring digital dollar solutions, potentially enhancing USDP’s utility.

Enhanced Regulatory Clarity and Compliance: With evolving regulatory frameworks, USDP and similar stablecoins might benefit from clearer guidelines, leading to broader acceptance and integration in mainstream financial systems.

Technological Developments and Innovations: Advances in blockchain interoperability, layer 2 solutions, and security protocols will likely improve the efficiency and safety of USDP transactions.

Increasing Use Cases in Business and Retail: As more businesses adopt stablecoins like USDP for daily transactions, supply chain finance, and payroll, its importance in global commerce will expand.

Sustainability and Reserve Transparency Initiatives: Future efforts may focus on increasing transparency around reserve holdings, potentially involving blockchain-based proof of reserves to strengthen user confidence further.

Challenges and Competition: Pax Dollar will face competition from other stablecoins (e.g., USDC, Tether) and central banks exploring digital currencies. Strategic innovation and regulatory compliance will be crucial for USDP’s sustained growth.


Shiba Inu SHIB

Introduction to Shiba Inu (SHIB): A Distinctive Cryptocurrency

The Shiba Inu (SHIB) is a decentralized cryptocurrency that has rapidly gained popularity in the digital asset space. Often referred to as the “Dogecoin killer,” SHIB is built on the Ethereum blockchain, offering a unique blend of community-driven development and innovative features. Its USP (Unique Selling Proposition) lies in its vibrant community, expansive ecosystem, and potential for high-growth investment opportunities.

Unique Selling Proposition (USP) of SHIB

Shiba Inu differentiates itself through its massive, engaged community and its decentralized origins. Originally created as an experiment in community-driven tokenomics, SHIB's ecosystem includes decentralized exchanges, NFTs, and blockchain-based gaming projects. Unlike some traditional cryptocurrencies, SHIB emphasizes accessibility and decentralization, empowering users to participate actively in its growth.

Its ecosystem features the ShibaSwap decentralized exchange, allowing users to stake tokens, earn rewards, and participate in liquidity pools, fostering a vibrant DeFi environment.

Target Audience: Who Buys and Uses SHIB?

SHIB primarily appeals to retail investors, cryptocurrency enthusiasts, and those enthusiastic about meme culture. Its low price per token attracts new investors seeking high potential returns, especially among younger demographics active on social media. Additionally, community members who enjoy meme-based investments and internet culture play a significant role in SHIB's popularity.

Originate mainly from tech-savvy and speculative investors worldwide, users involved in decentralized finance (DeFi), NFT collectors, and gamers are also increasingly engaging with the SHIB ecosystem.

Competitive Landscape: How Does SHIB Compare?

SHIB operates in a highly competitive environment, with direct competition from popular meme-inspired tokens like Dogecoin and other emerging memecoin projects. Compared to Dogecoin, SHIB offers a more complex ecosystem with DeFi platforms, NFTs, and staking features.

Furthermore, it faces competition from other DeFi tokens and blockchain projects that promise innovative functionalities and technological advantages. However, its distinctive community engagement and marketing strategy provide a competitive edge.

Perception and Public Image

The perception of SHIB oscillates between being a fun, meme-based cryptocurrency and a serious investment opportunity. For many, it symbolizes the democratization of finance and the power of community. Conversely, skeptics view SHIB as a highly speculative asset driven primarily by hype and social media trends.

Its perception is influenced significantly by social media campaigns, celebrity endorsements, and market sentiment. While some investors see it as an entry point into the crypto world, others warn about the high volatility and associated risks.

Advantages of Investing in SHIB

  • Low Entry Barrier: SHIB's low price per token allows small investors to acquire large quantities, creating the perception of high accessibility.
  • Robust Community Support: Its active and passionate community drives growth, marketing, and development.
  • Expanding Ecosystem: Initiatives like ShibaSwap, NFTs, and gaming integrations foster longer-term value opportunities.
  • Decentralization: Maintains a decentralized framework, empowering users and reducing centralized control risk.
  • Potential for Growth: Market volatility offers opportunities for significant gains, especially during bullish trends.

Risks and Challenges

Investors should be aware of considerable risks associated with SHIB. The token’s value is highly speculative and susceptible to market sentiment shifts, social media influence, and pump-and-dump schemes.

Additionally, as a memecoin, it lacks the intrinsic utility of many established cryptocurrencies, relying heavily on community hype. Regulatory scrutiny around meme tokens and DeFi applications could also impact its future prospects.

Security vulnerabilities, potential rug pulls in DeFi platforms, and liquidity issues are also ever-present concerns for stakeholders.

Use Cases and Practical Applications

Despite its meme origins, SHIB has developed legitimate use cases:

  • Decentralized Finance (DeFi): Through ShibaSwap, users can stake tokens, provide liquidity, and earn rewards.
  • NFT and Digital Art: The SHIB ecosystem supports NFT collections and marketplaces, enabling creators and collectors.
  • Payments and Merchandising: Some merchants accept SHIB donations and payments, expanding its real-world utility.
  • Gaming and Virtual Ecosystems: Projects integrating SHIB within blockchain-based games contribute to its adoption in entertainment sectors.

Future Prospects: Looking Ahead for SHIB

The long-term outlook for SHIB depends on its ability to evolve beyond meme culture and establish real utility. As the ecosystem expands, with increased adoption of DeFi, NFTs, and gaming, SHIB could cement itself as more than a speculative meme token.

Market patterns, regulatory environments, technological upgrades, and community engagement will significantly influence its trajectory. If it successfully broadens its use cases and sustains investor interest, SHIB’s value could see significant appreciation.

However, investors should remain cautious and diversify their holdings, understanding that the high volatility characteristic of memecoins remains a primary risk.