Pax Dollar (USDP) Trading 0% Higher Over Last 7 Days

Pax Dollar (USDP) traded 0% higher against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on July 25th. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001496 BTC on cryptocurrency exchanges. In the last week, Pax Dollar has traded 0% higher against the U.S. dollar. Pax Dollar has a market cap of $114.42 million and approximately $957,168.81 worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 2.3% higher against the dollar and now trades at $0.16 or 0.00000240 BTC.
• Creditcoin (CTC) traded up 3.8% against the dollar and now trades at $0.50 or 0.00000741 BTC.
• Electroneum (ETN) traded up 0.8% against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded up 2.2% against the dollar and now trades at $0.0036 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0% higher against the dollar and now trades at $0.70 or 0.00001042 BTC.
• The Transfer Token (TTT) traded 16.5% lower against the dollar and now trades at $0.0050 or 0.00000007 BTC.
• SOLVE (SOLVE) traded up 0.6% against the dollar and now trades at $0.0103 or 0.00000015 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 114,399,806 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.”

Buying and Selling Pax Dollar

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView