Pax Dollar (USDP) Trading Up 0% This Week

Pax Dollar (USDP) traded 0% higher against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on September 13th. Pax Dollar has a total market capitalization of $105.18 million and $927,095.15 worth of Pax Dollar was traded on exchanges in the last day. During the last week, Pax Dollar has traded 0% higher against the dollar. One Pax Dollar token can now be purchased for $1.00 or 0.00001651 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded up 1.1% against the dollar and now trades at $0.13 or 0.00000217 BTC.
• Creditcoin (CTC) traded 0.7% higher against the dollar and now trades at $0.43 or 0.00000703 BTC.
• Electroneum (ETN) traded up 34.4% against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Verasity (VRA) traded up 7.3% against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 3.5% against the dollar and now trades at $0.46 or 0.00000766 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 0.1% against the dollar and now trades at $0.0102 or 0.00000017 BTC.

Pax Dollar Profile

Pax Dollar (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 message board is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. 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.”

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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView