Pax Dollar One Day Volume Reaches $3.56 Million (USDP)

Pax Dollar (USDP) traded 0% higher against the dollar during the one day period ending at 0:00 AM ET on May 7th. During the last week, Pax Dollar has traded up 0.1% against the dollar. One Pax Dollar token can currently be bought for about $1.00 or 0.00001597 BTC on major cryptocurrency exchanges. Pax Dollar has a market cap of $143.29 million and $3.56 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded down 3.3% against the dollar and now trades at $0.22 or 0.00000348 BTC.
• Creditcoin (CTC) traded down 0.9% against the dollar and now trades at $0.73 or 0.00001161 BTC.
• Electroneum (ETN) traded 1.9% higher against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Verasity (VRA) traded 6.7% lower against the dollar and now trades at $0.0054 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 3.3% lower against the dollar and now trades at $1.39 or 0.00002213 BTC.
• SOLVE (SOLVE) traded up 1% against the dollar and now trades at $0.0194 or 0.00000031 BTC.
• The Transfer Token (TTT) traded down 34.6% against the dollar and now trades at $0.0046 or 0.00000007 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 143,253,496 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official message board 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 presently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US 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