Pax Dollar Trading Down 0.1% This Week (USDP)

Pax Dollar (USDP) traded 0% lower against the dollar during the 1-day period ending at 19:00 PM ET on August 20th. During the last seven days, Pax Dollar has traded 0.1% lower against the dollar. Pax Dollar has a market cap of $108.08 million and $1.41 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be purchased for approximately $1.00 or 0.00001684 BTC on popular exchanges.

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

• IOTA (MIOTA) traded 1.1% higher against the dollar and now trades at $0.13 or 0.00000224 BTC.
• Creditcoin (CTC) traded up 1.2% against the dollar and now trades at $0.42 or 0.00000709 BTC.
• Electroneum (ETN) traded 0.4% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded up 2.4% against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 1.5% against the dollar and now trades at $0.52 or 0.00000868 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 1.5% against the dollar and now trades at $0.0107 or 0.00000018 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 108,094,777 tokens. The official website for Pax Dollar is www.paxos.com/usdp. The official message board for Pax Dollar is medium.com/@paxosstandard. 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 currently 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, Coinbase or GDAX. 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