Pax Dollar (USDP) 24-Hour Trading Volume Hits $616,071.72

Pax Dollar (USDP) traded down 0% against the US dollar during the one day period ending at 7:00 AM Eastern on February 18th. Over the last week, Pax Dollar has traded 0.1% lower against the US dollar. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001040 BTC on exchanges. Pax Dollar has a total market capitalization of $80.23 million and $616,071.72 worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 6.4% lower against the dollar and now trades at $0.22 or 0.00000230 BTC.
• Creditcoin (CTC) traded down 5.3% against the dollar and now trades at $0.77 or 0.00000801 BTC.
• Electroneum (ETN) traded 7.5% lower against the dollar and now trades at $0.0023 or 0.00000002 BTC.
• Verasity (VRA) traded 4.6% lower against the dollar and now trades at $0.0024 or 0.00000003 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 9.8% lower against the dollar and now trades at $0.17 or 0.00000177 BTC.
• SOLVE (SOLVE) traded 10.1% lower against the dollar and now trades at $0.0018 or 0.00000002 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 80,252,841 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.”

Pax Dollar Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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