Pax Dollar Market Capitalization Tops $105.31 Million (USDP)

Pax Dollar (USDP) traded down 0.1% against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on September 10th. During the last week, Pax Dollar has traded 0.1% higher against the U.S. dollar. Pax Dollar has a total market capitalization of $105.31 million and $4.06 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001737 BTC on popular exchanges.

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

• IOTA (MIOTA) traded up 3.8% against the dollar and now trades at $0.13 or 0.00000227 BTC.
• Creditcoin (CTC) traded up 5.5% against the dollar and now trades at $0.43 or 0.00000742 BTC.
• Electroneum (ETN) traded 6.7% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.
• Verasity (VRA) traded 1.1% higher against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 3.4% higher against the dollar and now trades at $0.44 or 0.00000758 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded 2.5% lower against the dollar and now trades at $0.0102 or 0.00000018 BTC.

Pax Dollar Profile

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 105,079,505 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. Pax Dollar’s official website 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 Bitcoin or Ethereum using an exchange that deals in U.S. 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 exchanges listed above.

USDP/USD price chart by TradingView