Pax Dollar Reaches Market Cap of $131.38 Million (USDP)

Pax Dollar (USDP) traded up 0% against the US dollar during the 24 hour period ending at 22:00 PM ET on June 27th. Pax Dollar has a market capitalization of $131.38 million and $1.05 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for $1.00 or 0.00001615 BTC on popular cryptocurrency exchanges. During the last week, Pax Dollar has traded down 0% against the US dollar.

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

• IOTA (MIOTA) traded 4.2% higher against the dollar and now trades at $0.18 or 0.00000290 BTC.
• Creditcoin (CTC) traded 2.9% higher against the dollar and now trades at $0.46 or 0.00000746 BTC.
• Electroneum (ETN) traded 20.4% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded up 6.1% against the dollar and now trades at $0.0034 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 2.6% higher against the dollar and now trades at $0.88 or 0.00001425 BTC.
• The Transfer Token (TTT) traded up 28.1% against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded 3.1% higher against the dollar and now trades at $0.0125 or 0.00000020 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 131,400,340 tokens. 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. 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 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 GDAX, 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