Pax Dollar (USDP) Trading 0.2% Lower Over Last Week

Pax Dollar (USDP) traded up 0% against the dollar during the 24-hour period ending at 14:00 PM ET on October 11th. Pax Dollar has a total market cap of $107.75 million and approximately $848,538.21 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001590 BTC on major cryptocurrency exchanges. Over the last week, Pax Dollar has traded 0.2% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded 4.8% higher against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Creditcoin (CTC) traded up 4.4% against the dollar and now trades at $0.40 or 0.00000642 BTC.
• Electroneum (ETN) traded 3.9% higher against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded 6.3% higher against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 4.3% lower against the dollar and now trades at $0.43 or 0.00000683 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 0.9% against the dollar and now trades at $0.0087 or 0.00000014 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 107,748,793 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board 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 presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView