Pax Dollar Tops 24 Hour Volume of $1.93 Million (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the one day period ending at 7:00 AM E.T. on May 7th. Over the last seven days, Pax Dollar has traded up 0.1% against the dollar. Pax Dollar has a market cap of $143.32 million and $1.93 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be bought for $1.00 or 0.00001562 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • IOTA (MIOTA) traded 2% lower against the dollar and now trades at $0.23 or 0.00000356 BTC.
  • Creditcoin (CTC) traded 2.3% lower against the dollar and now trades at $0.73 or 0.00001145 BTC.
  • Electroneum (ETN) traded 1.6% higher against the dollar and now trades at $0.0037 or 0.00000006 BTC.
  • Verasity (VRA) traded 2.9% lower against the dollar and now trades at $0.0059 or 0.00000009 BTC.
  • Meter Governance (MTRG) traded down 2.9% against the dollar and now trades at $1.44 or 0.00002244 BTC.
  • SOLVE (SOLVE) traded up 1.5% against the dollar and now trades at $0.0195 or 0.00000030 BTC.
  • The Transfer Token (TTT) traded down 34.6% against the dollar and now trades at $0.0046 or 0.00000007 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 143,253,496 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. 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.

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 US dollars. Investors seeking to trade Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US 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.

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