Pax Dollar (USDP) Hits 1-Day Trading Volume of $1.06 Million

Pax Dollar (USDP) traded down 0.1% against the US dollar during the 24-hour period ending at 19:00 PM E.T. on October 31st. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001421 BTC on major cryptocurrency exchanges. During the last seven days, Pax Dollar has traded 0% higher against the US dollar. Pax Dollar has a market cap of $110.09 million and approximately $1.06 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded down 5.7% against the dollar and now trades at $0.11 or 0.00000158 BTC.
• Creditcoin (CTC) traded down 4.9% against the dollar and now trades at $0.37 or 0.00000533 BTC.
• Electroneum (ETN) traded up 2% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 6.5% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.7% higher against the dollar and now trades at $0.26 or 0.00000364 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 3.2% against the dollar and now trades at $0.0079 or 0.00000011 BTC.

About Pax Dollar

USDP uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 110,099,031 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official website 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 currently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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