Pax Dollar 24 Hour Volume Hits $4.47 Million (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the 24-hour period ending at 11:00 AM Eastern on August 24th. One Pax Dollar token can currently be bought for about $1.00 or 0.00001560 BTC on popular exchanges. Pax Dollar has a market capitalization of $108.60 million and approximately $4.47 million worth of Pax Dollar was traded on exchanges in the last day. During the last week, Pax Dollar has traded 0.1% higher against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded up 3.7% against the dollar and now trades at $0.15 or 0.00000230 BTC.
• Creditcoin (CTC) traded 1.8% higher against the dollar and now trades at $0.46 or 0.00000714 BTC.
• Electroneum (ETN) traded down 2.1% against the dollar and now trades at $0.0018 or 0.00000003 BTC.
• Verasity (VRA) traded up 6.6% against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0.4% higher against the dollar and now trades at $0.54 or 0.00000834 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 7.6% against the dollar and now trades at $0.0128 or 0.00000020 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 108,532,033 tokens. 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. The official website for Pax Dollar 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 possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly 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