Pax Dollar (USDP) Market Cap Achieves $121.36 Million

Pax Dollar (USDP) traded up 0% against the dollar during the 1 day period ending at 10:00 AM E.T. on June 29th. Pax Dollar has a market cap of $121.36 million and approximately $657,556.05 worth of Pax Dollar was traded on exchanges in the last 24 hours. Over the last seven days, Pax Dollar has traded down 0% against the dollar. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001640 BTC on exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• IOTA (MIOTA) traded 2.8% lower against the dollar and now trades at $0.17 or 0.00000280 BTC.
• Creditcoin (CTC) traded 3.1% higher against the dollar and now trades at $0.49 or 0.00000808 BTC.
• Electroneum (ETN) traded 2.6% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 1.5% higher against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0.9% higher against the dollar and now trades at $0.90 or 0.00001470 BTC.
• The Transfer Token (TTT) traded up 28.1% against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded down 2.7% against the dollar and now trades at $0.0121 or 0.00000020 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 121,400,340 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official website 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView