Pax Dollar (USDP) 24-Hour Volume Tops $723,446.56

Pax Dollar (USDP) traded 0% higher against the US dollar during the 1-day period ending at 23:00 PM E.T. on June 28th. One Pax Dollar token can now be purchased for $1.00 or 0.00001648 BTC on popular exchanges. In the last seven days, Pax Dollar has traded down 0% against the US dollar. Pax Dollar has a market cap of $121.35 million and $723,446.56 worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded down 3.8% against the dollar and now trades at $0.17 or 0.00000283 BTC.
• Creditcoin (CTC) traded up 7.5% against the dollar and now trades at $0.49 or 0.00000813 BTC.
• Electroneum (ETN) traded 1.1% lower against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded 1.7% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0.8% lower against the dollar and now trades at $0.88 or 0.00001446 BTC.
• The Transfer Token (TTT) traded 28.1% higher against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded 0.7% higher against the dollar and now trades at $0.0123 or 0.00000020 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 121,400,340 tokens. 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. 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.”

Pax Dollar Token Trading

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

USDP/USD price chart by TradingView