Pax Dollar Trading 0.1% Higher Over Last Week (USDP)

Pax Dollar (USDP) traded 0.1% lower against the US dollar during the 1-day period ending at 7:00 AM Eastern on April 25th. In the last week, Pax Dollar has traded up 0.1% against the US dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001573 BTC on major exchanges. Pax Dollar has a total market cap of $139.11 million and approximately $1.81 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 9.9% lower against the dollar and now trades at $0.23 or 0.00000366 BTC.
• Creditcoin (CTC) traded 10.5% lower against the dollar and now trades at $0.69 or 0.00001080 BTC.
• Electroneum (ETN) traded 12.8% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Verasity (VRA) traded down 8% against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 2.6% against the dollar and now trades at $1.42 or 0.00002229 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 6.3% against the dollar and now trades at $0.0201 or 0.00000032 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official message board is medium.com/@paxosstandard. The official website for Pax Dollar is www.paxos.com/usdp.

According to CryptoCompare, “Pax Dollar (USDP) is a stablecoin pegged to the US dollar, created by Paxos. It provides stability in the volatile cryptocurrency market and serves as a medium of exchange, store of value, and hedging tool. USDP is widely used for transactions, trading, and investment purposes.”

Pax Dollar Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView