Pax Dollar Trading 0.1% Higher Over Last Week (USDP)

Pax Dollar (USDP) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on April 25th. One Pax Dollar token can now be bought for about $1.00 or 0.00001573 BTC on cryptocurrency exchanges. In the last seven days, Pax Dollar has traded 0.1% higher against the U.S. dollar. Pax Dollar has a total market capitalization of $139.11 million and approximately $1.81 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 9.9% lower against the dollar and now trades at $0.23 or 0.00000366 BTC.
• Creditcoin (CTC) traded 10.5% lower against the dollar and now trades at $0.69 or 0.00001080 BTC.
• Electroneum (ETN) traded 12.8% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Verasity (VRA) traded down 8% against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.6% lower against the dollar and now trades at $1.42 or 0.00002229 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 6.3% against the dollar and now trades at $0.0201 or 0.00000032 BTC.

Pax Dollar Token Profile

Pax Dollar uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 138,777,747 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. 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 presently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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