Pax Dollar Tops One Day Trading Volume of $3.41 Million (USDP)

Pax Dollar (USDP) traded down 0.1% against the US dollar during the 1-day period ending at 10:00 AM E.T. on April 28th. One Pax Dollar token can currently be bought for $1.00 or 0.00001570 BTC on popular cryptocurrency exchanges. Pax Dollar has a market cap of $148.36 million and $3.41 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded 0.2% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 2.3% higher against the dollar and now trades at $0.24 or 0.00000369 BTC.
• Creditcoin (CTC) traded 1.7% lower against the dollar and now trades at $0.68 or 0.00001068 BTC.
• Electroneum (ETN) traded 6.8% lower against the dollar and now trades at $0.0038 or 0.00000006 BTC.
• Verasity (VRA) traded up 2.6% against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.7% higher against the dollar and now trades at $1.41 or 0.00002220 BTC.
• SOLVE (SOLVE) traded 1.1% higher against the dollar and now trades at $0.0206 or 0.00000032 BTC.
• The Transfer Token (TTT) traded 53.9% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here.

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.”

Buying and Selling Pax Dollar

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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView