Pax Dollar (USDP) Trading 0.3% Higher Over Last 7 Days

Pax Dollar (USDP) traded 0.4% higher against the US dollar during the one day period ending at 10:00 AM Eastern on September 19th. Pax Dollar has a total market cap of $490.29 million and $1.82 million worth of Pax Dollar was traded on exchanges in the last day. During the last seven days, Pax Dollar has traded up 0.3% against the US dollar. One Pax Dollar token can now be bought for approximately $1.00 or 0.00003687 BTC on popular cryptocurrency exchanges.

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

• IOTA (MIOTA) traded down 0.2% against the dollar and now trades at $0.15 or 0.00000552 BTC.
• The Transfer Token (TTT) traded 2.2% lower against the dollar and now trades at $0.15 or 0.00000555 BTC.
• Verasity (VRA) traded 0.5% lower against the dollar and now trades at $0.0040 or 0.00000015 BTC.
• Creditcoin (CTC) traded 1.5% lower against the dollar and now trades at $0.15 or 0.00000538 BTC.
• Meter Governance (MTRG) traded down 1.3% against the dollar and now trades at $1.45 or 0.00005342 BTC.
• Electroneum (ETN) traded 9.4% lower against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 2.9% against the dollar and now trades at $0.0355 or 0.00000131 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 491,052,716 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.”

Pax Dollar Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy 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 buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView