Pax Dollar (USDP) 24-Hour Trading Volume Reaches $5.25 Million

Pax Dollar (USDP) traded down 0.2% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on July 5th. Pax Dollar has a market capitalization of $122.49 million and $5.25 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last week, Pax Dollar has traded up 0.1% against the dollar. One Pax Dollar token can now be bought for $1.00 or 0.00001772 BTC on major exchanges.

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

• IOTA (MIOTA) traded 4.2% lower against the dollar and now trades at $0.15 or 0.00000263 BTC.
• Creditcoin (CTC) traded 2.8% higher against the dollar and now trades at $0.47 or 0.00000824 BTC.
• Electroneum (ETN) traded 2.1% lower against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded down 1% against the dollar and now trades at $0.0031 or 0.00000006 BTC.
• Meter Governance (MTRG) traded down 6.6% against the dollar and now trades at $0.79 or 0.00001406 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 3.5% lower against the dollar and now trades at $0.0098 or 0.00000017 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 122,399,806 tokens. Pax Dollar’s official website is www.paxos.com/usdp. 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.

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 U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView