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

Pax Dollar (USDP) traded down 0% against the US dollar during the one day period ending at 21:00 PM Eastern on July 17th. Pax Dollar has a market capitalization of $117.33 million and approximately $786,179.27 worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be bought for about $1.00 or 0.00001547 BTC on cryptocurrency exchanges. During the last seven days, Pax Dollar has traded down 0.1% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded 1.5% higher against the dollar and now trades at $0.18 or 0.00000272 BTC.
• Creditcoin (CTC) traded 0.2% higher against the dollar and now trades at $0.52 or 0.00000801 BTC.
• Electroneum (ETN) traded up 1% against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded down 4% against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Meter Governance (MTRG) traded down 0.2% against the dollar and now trades at $0.79 or 0.00001226 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• SOLVE (SOLVE) traded 2.8% lower against the dollar and now trades at $0.0108 or 0.00000017 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 117,399,806 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official website is www.paxos.com/usdp. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here.

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

USDP/USD price chart by TradingView