Pax Dollar (USDP) Hits 24 Hour Volume of $5.12 Million

Pax Dollar (USDP) traded up 0% against the dollar during the 1 day period ending at 12:00 PM Eastern on September 7th. Pax Dollar has a market cap of $103.18 million and $5.12 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be bought for about $1.00 or 0.00001830 BTC on major cryptocurrency exchanges. Over the last seven days, Pax Dollar has traded down 0.1% against the dollar.

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

• IOTA (MIOTA) traded up 1% against the dollar and now trades at $0.12 or 0.00000219 BTC.
• Creditcoin (CTC) traded 0.8% higher against the dollar and now trades at $0.38 or 0.00000694 BTC.
• Electroneum (ETN) traded 2.5% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.
• Verasity (VRA) traded down 0.3% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• Meter Governance (MTRG) traded 3.5% lower against the dollar and now trades at $0.41 or 0.00000747 BTC.
• SOLVE (SOLVE) traded 5.5% higher against the dollar and now trades at $0.0108 or 0.00000020 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 103,062,988 tokens. The official website for Pax Dollar is www.paxos.com/usdp. 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.

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 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, 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