Pax Dollar (USDP) Price Reaches $1.00 on Top Exchanges

Pax Dollar (USDP) traded up 0% against the US dollar during the 24 hour period ending at 13:00 PM E.T. on August 4th. Over the last seven days, Pax Dollar has traded up 0% against the US dollar. One Pax Dollar token can now be bought for $1.00 or 0.00001698 BTC on major exchanges. Pax Dollar has a total market cap of $114.47 million and $566,159.36 worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded 5.1% lower against the dollar and now trades at $0.13 or 0.00000218 BTC.
• Creditcoin (CTC) traded down 4.7% against the dollar and now trades at $0.42 or 0.00000714 BTC.
• Electroneum (ETN) traded 3.6% lower against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded down 4.4% against the dollar and now trades at $0.0027 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 10.3% lower against the dollar and now trades at $0.57 or 0.00000969 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 2.1% against the dollar and now trades at $0.0098 or 0.00000017 BTC.

Pax Dollar Token Profile

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 114,399,806 tokens. 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. 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.”

Buying and Selling Pax Dollar

It is usually not presently 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView