Pax Dollar Market Cap Achieves $110.07 Million (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the 1-day period ending at 22:00 PM ET on November 2nd. During the last week, Pax Dollar has traded 0% higher against the dollar. Pax Dollar has a total market cap of $110.07 million and $573,121.08 worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001467 BTC on popular exchanges.

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

• IOTA (MIOTA) traded 3.5% lower against the dollar and now trades at $0.11 or 0.00000158 BTC.
• Creditcoin (CTC) traded down 2% against the dollar and now trades at $0.37 or 0.00000545 BTC.
• Electroneum (ETN) traded 3.1% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 3.9% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 1.6% higher against the dollar and now trades at $0.25 or 0.00000360 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 10.7% lower against the dollar and now trades at $0.0069 or 0.00000010 BTC.

Pax Dollar Token Profile

USDP uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 110,099,031 tokens. 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. 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.”

Pax Dollar Token Trading

It is usually not currently 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView