Pax Dollar (USDP) Price Tops $1.00

Pax Dollar (USDP) traded 0% higher against the US dollar during the 1-day period ending at 11:00 AM E.T. on July 26th. Pax Dollar has a total market capitalization of $114.41 million and $1.15 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for $1.00 or 0.00001485 BTC on major exchanges. During the last seven days, Pax Dollar has traded 0% higher against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded up 2.3% against the dollar and now trades at $0.16 or 0.00000240 BTC.
• Creditcoin (CTC) traded up 3.9% against the dollar and now trades at $0.50 or 0.00000747 BTC.
• Electroneum (ETN) traded down 0.1% against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded up 4.2% against the dollar and now trades at $0.0036 or 0.00000005 BTC.
• Meter Governance (MTRG) traded up 0% against the dollar and now trades at $0.69 or 0.00001027 BTC.
• The Transfer Token (TTT) traded 16.5% lower against the dollar and now trades at $0.0050 or 0.00000007 BTC.
• SOLVE (SOLVE) traded 2.2% higher against the dollar and now trades at $0.0105 or 0.00000016 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 114,399,806 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. 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 purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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