Pax Dollar Achieves Market Capitalization of $136.43 Million (USDP)

Pax Dollar (USDP) traded up 0.1% against the dollar during the 1-day period ending at 22:00 PM Eastern on June 24th. Pax Dollar has a market capitalization of $136.43 million and $1.63 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001653 BTC on major cryptocurrency exchanges. In the last seven days, Pax Dollar has traded down 0.1% against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 1.8% higher against the dollar and now trades at $0.18 or 0.00000291 BTC.
• Creditcoin (CTC) traded up 0.7% against the dollar and now trades at $0.46 or 0.00000766 BTC.
• Electroneum (ETN) traded down 0.2% against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded up 6% against the dollar and now trades at $0.0032 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 2.4% against the dollar and now trades at $0.85 or 0.00001403 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0051 or 0.00000008 BTC.
• SOLVE (SOLVE) traded up 5.7% against the dollar and now trades at $0.0126 or 0.00000021 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 136,400,340 tokens. Pax Dollar’s official website is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here.

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 U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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