Pax Dollar Market Cap Hits $148.23 Million (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on April 29th. Pax Dollar has a total market cap of $148.23 million and approximately $2.39 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded down 0.3% against the dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001571 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 0.8% lower against the dollar and now trades at $0.22 or 0.00000351 BTC.
• Creditcoin (CTC) traded up 5.7% against the dollar and now trades at $0.68 or 0.00001071 BTC.
• Electroneum (ETN) traded 6.2% lower against the dollar and now trades at $0.0036 or 0.00000006 BTC.
• Verasity (VRA) traded 2% higher against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• Meter Governance (MTRG) traded up 1.1% against the dollar and now trades at $1.47 or 0.00002313 BTC.
• The Transfer Token (TTT) traded up 115.1% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 3.7% lower against the dollar and now trades at $0.0195 or 0.00000031 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. The official website for Pax Dollar 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.”

Buying and Selling Pax Dollar

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView