Pax Dollar Reaches 24-Hour Volume of $7.38 Million (USDP)

Pax Dollar (USDP) traded down 0.1% against the US dollar during the 24 hour period ending at 15:00 PM Eastern on September 17th. Pax Dollar has a total market cap of $105.12 million and $7.38 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be purchased for about $1.00 or 0.00001641 BTC on popular cryptocurrency exchanges. During the last seven days, Pax Dollar has traded down 0.2% against the US dollar.

Here’s how related cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded up 3.2% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Creditcoin (CTC) traded up 2.1% against the dollar and now trades at $0.42 or 0.00000681 BTC.
• Electroneum (ETN) traded 4.3% lower against the dollar and now trades at $0.0022 or 0.00000004 BTC.
• Verasity (VRA) traded 8.4% higher against the dollar and now trades at $0.0032 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 3.2% against the dollar and now trades at $0.45 or 0.00000734 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 6.3% higher against the dollar and now trades at $0.0102 or 0.00000017 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 105,079,505 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. 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.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView