Pax Dollar Reaches Market Capitalization of $107.84 Million (USDP)

Pax Dollar (USDP) traded down 0.1% against the U.S. dollar during the 1 day period ending at 18:00 PM E.T. on October 15th. Over the last seven days, Pax Dollar has traded 0.1% higher against the U.S. dollar. Pax Dollar has a total market capitalization of $107.84 million and $2.04 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for $1.00 or 0.00001511 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Creditcoin (CTC) traded 1.7% higher against the dollar and now trades at $0.42 or 0.00000631 BTC.
• Electroneum (ETN) traded 2.1% higher against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded 1.8% lower against the dollar and now trades at $0.0031 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0.2% lower against the dollar and now trades at $0.41 or 0.00000625 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 5.6% lower against the dollar and now trades at $0.0086 or 0.00000013 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 107,748,793 tokens. The official message board for Pax Dollar 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.”

Pax Dollar Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView