Pax Dollar (USDP) Market Cap Reaches $109.04 Million

Pax Dollar (USDP) traded down 0% against the dollar during the 1-day period ending at 9:00 AM E.T. on October 21st. During the last seven days, Pax Dollar has traded down 0% against the dollar. Pax Dollar has a market cap of $109.04 million and approximately $690,990.34 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 0.00001481 BTC on popular exchanges.

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

• IOTA (MIOTA) traded 2.2% lower against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Creditcoin (CTC) traded down 3.3% against the dollar and now trades at $0.41 or 0.00000602 BTC.
• Electroneum (ETN) traded up 1.2% against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded down 1.5% against the dollar and now trades at $0.0029 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 5% lower against the dollar and now trades at $0.37 or 0.00000553 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 14.2% lower against the dollar and now trades at $0.0081 or 0.00000012 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 109,061,210 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official message board 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView