Pax Dollar Trading Up 0.1% This Week (USDP)

Pax Dollar (USDP) traded 0.1% lower against the US dollar during the 1-day period ending at 18:00 PM E.T. on October 15th. Pax Dollar has a market cap of $107.84 million and $2.04 million worth of Pax Dollar was traded on exchanges in the last 24 hours. During the last week, Pax Dollar has traded 0.1% higher against the US dollar. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001511 BTC on exchanges.

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

• IOTA (MIOTA) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Creditcoin (CTC) traded 1.7% higher against the dollar and now trades at $0.42 or 0.00000631 BTC.
• Electroneum (ETN) traded up 2.1% against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded 1.8% lower against the dollar and now trades at $0.0031 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 0.2% against the dollar and now trades at $0.41 or 0.00000625 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 5.6% against the dollar and now trades at $0.0086 or 0.00000013 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 107,748,793 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard.

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 presently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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