Pax Dollar Trading 0.4% Higher This Week (USDP)

Pax Dollar (USDP) traded up 0.4% against the US dollar during the 24 hour period ending at 11:00 AM Eastern on July 4th. Pax Dollar has a total market capitalization of $122.83 million and $4.60 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001748 BTC on exchanges. Over the last week, Pax Dollar has traded 0.4% higher against the US dollar.

Here’s how other cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded 7.6% lower against the dollar and now trades at $0.15 or 0.00000268 BTC.
• Creditcoin (CTC) traded 6.6% lower against the dollar and now trades at $0.45 or 0.00000782 BTC.
• Electroneum (ETN) traded 0.2% lower against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded down 12.3% against the dollar and now trades at $0.0031 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 3.1% against the dollar and now trades at $0.85 or 0.00001480 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 10.8% against the dollar and now trades at $0.0107 or 0.00000019 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 122,399,806 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar is www.paxos.com/usdp. The official message board for Pax Dollar is medium.com/@paxosstandard.

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 buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView