Pax Dollar Hits One Day Trading Volume of $4.39 Million (USDP)

Pax Dollar (USDP) traded up 0.1% against the dollar during the 1 day period ending at 18:00 PM Eastern on July 29th. Over the last seven days, Pax Dollar has traded up 0.1% against the dollar. One Pax Dollar token can now be bought for about $1.00 or 0.00001486 BTC on major cryptocurrency exchanges. Pax Dollar has a market cap of $114.45 million and $4.39 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• IOTA (MIOTA) traded down 1% against the dollar and now trades at $0.16 or 0.00000239 BTC.
• Creditcoin (CTC) traded 1.4% lower against the dollar and now trades at $0.49 or 0.00000733 BTC.
• Electroneum (ETN) traded 4.1% higher against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Verasity (VRA) traded up 1.1% against the dollar and now trades at $0.0034 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 3% lower against the dollar and now trades at $0.65 or 0.00000963 BTC.
• The Transfer Token (TTT) traded 19.7% higher against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• SOLVE (SOLVE) traded 1.4% higher against the dollar and now trades at $0.0110 or 0.00000016 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 114,399,806 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official message board for Pax Dollar 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView