Pax Dollar (USDP) Trading 0.1% Higher Over Last 7 Days

Pax Dollar (USDP) traded 0% lower against the US dollar during the 1-day period ending at 13:00 PM E.T. on May 5th. In the last seven days, Pax Dollar has traded up 0.1% against the US dollar. One Pax Dollar token can now be purchased for about $1.00 or 0.00001557 BTC on popular cryptocurrency exchanges. Pax Dollar has a total market cap of $148.43 million and approximately $954,946.34 worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded up 0.6% against the dollar and now trades at $0.23 or 0.00000359 BTC.
• Creditcoin (CTC) traded 2.3% lower against the dollar and now trades at $0.68 or 0.00001064 BTC.
• Electroneum (ETN) traded down 5.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Verasity (VRA) traded 2% lower against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 1.2% lower against the dollar and now trades at $1.41 or 0.00002192 BTC.
• SOLVE (SOLVE) traded 1.4% lower against the dollar and now trades at $0.0192 or 0.00000030 BTC.
• The Transfer Token (TTT) traded 34.6% lower against the dollar and now trades at $0.0046 or 0.00000007 BTC.

About Pax Dollar

Pax Dollar (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. Pax Dollar’s official website 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 currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire 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 exchanges listed above.

USDP/USD price chart by TradingView