Pax Dollar Price Up 0.1% Over Last Week (USDP)

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the 1 day period ending at 17:00 PM ET on May 7th. Pax Dollar has a market cap of $143.32 million and $3.67 million worth of Pax Dollar was traded on exchanges in the last 24 hours. During the last week, Pax Dollar has traded 0.1% higher against the U.S. dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001588 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded down 2.8% against the dollar and now trades at $0.22 or 0.00000356 BTC.
• Creditcoin (CTC) traded up 0.2% against the dollar and now trades at $0.72 or 0.00001141 BTC.
• Electroneum (ETN) traded up 1.4% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Verasity (VRA) traded down 2.8% against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.3% lower against the dollar and now trades at $1.39 or 0.00002214 BTC.
• SOLVE (SOLVE) traded 1.2% higher against the dollar and now trades at $0.0194 or 0.00000031 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 launch date was September 10th, 2018. Pax Dollar’s total supply is 143,253,496 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar 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 currently 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, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView