Pax Dollar (USDP) Tops 24-Hour Volume of $1.00 Million

Pax Dollar (USDP) traded 0.1% lower against the dollar during the 24 hour period ending at 20:00 PM Eastern on October 17th. Pax Dollar has a total market capitalization of $109.07 million and $1.00 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001485 BTC on popular exchanges. During the last week, Pax Dollar has traded up 0.1% against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded down 3.1% against the dollar and now trades at $0.12 or 0.00000175 BTC.
• Creditcoin (CTC) traded down 2.5% against the dollar and now trades at $0.40 or 0.00000599 BTC.
• Electroneum (ETN) traded up 0.5% against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded 4.9% lower against the dollar and now trades at $0.0029 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4% lower against the dollar and now trades at $0.39 or 0.00000582 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 8.1% lower against the dollar and now trades at $0.0086 or 0.00000013 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 109,046,699 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. 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 presently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView