Pax Dollar Tops 24 Hour Trading Volume of $2.13 Million (USDP)

Pax Dollar (USDP) traded down 0.1% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on November 30th. During the last week, Pax Dollar has traded 0.1% higher against the U.S. dollar. One Pax Dollar token can now be purchased for $1.00 or 0.00001037 BTC on major cryptocurrency exchanges. Pax Dollar has a market capitalization of $103.11 million and $2.13 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded 13.9% higher against the dollar and now trades at $0.27 or 0.00000283 BTC.
• Creditcoin (CTC) traded 0.4% lower against the dollar and now trades at $0.99 or 0.00001024 BTC.
• Verasity (VRA) traded up 18.4% against the dollar and now trades at $0.0066 or 0.00000007 BTC.
• Electroneum (ETN) traded up 1% against the dollar and now trades at $0.0024 or 0.00000002 BTC.
• Meter Governance (MTRG) traded up 0% against the dollar and now trades at $0.49 or 0.00000506 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 0.9% higher against the dollar and now trades at $0.0071 or 0.00000007 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 103,115,718 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. The official website for Pax Dollar 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 possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView