Pax Dollar One Day Trading Volume Reaches $1.24 Million (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the one day period ending at 7:00 AM E.T. on November 10th. In the last seven days, Pax Dollar has traded 0% lower against the dollar. One Pax Dollar token can currently be bought for about $1.00 or 0.00001260 BTC on popular exchanges. Pax Dollar has a total market capitalization of $110.05 million and approximately $1.24 million worth of Pax Dollar was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded up 7.3% against the dollar and now trades at $0.13 or 0.00000166 BTC.
• Creditcoin (CTC) traded 6.5% higher against the dollar and now trades at $0.43 or 0.00000542 BTC.
• Electroneum (ETN) traded 1.5% higher against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded up 8.2% against the dollar and now trades at $0.0034 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4.5% higher against the dollar and now trades at $0.50 or 0.00000633 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 down 5.7% against the dollar and now trades at $0.0071 or 0.00000009 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 110,099,031 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official website is www.paxos.com/usdp. The official message board for Pax Dollar 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 possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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