Pax Dollar Price Up 0.1% Over Last Week (USDP)

Pax Dollar (USDP) traded down 0% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on August 22nd. During the last seven days, Pax Dollar has traded up 0.1% against the U.S. dollar. Pax Dollar has a market capitalization of $108.58 million and approximately $1.72 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for about $1.00 or 0.00001655 BTC on popular exchanges.

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

• IOTA (MIOTA) traded up 0.8% against the dollar and now trades at $0.14 or 0.00000231 BTC.
• Creditcoin (CTC) traded 2.6% higher against the dollar and now trades at $0.43 or 0.00000716 BTC.
• Electroneum (ETN) traded 10.2% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.
• Verasity (VRA) traded 7.9% higher against the dollar and now trades at $0.0029 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 1.2% lower against the dollar and now trades at $0.51 or 0.00000849 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 2.3% against the dollar and now trades at $0.0112 or 0.00000018 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 108,532,033 tokens. 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. 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.”

Pax Dollar Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView