Pax Dollar Achieves Market Cap of $109.26 Million (USDP)

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on October 26th. During the last week, Pax Dollar has traded down 0.1% against the U.S. dollar. One Pax Dollar token can now be bought for about $1.00 or 0.00001492 BTC on major cryptocurrency exchanges. Pax Dollar has a total market cap of $109.26 million and $926,921.60 worth of Pax Dollar was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded up 2.1% against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Creditcoin (CTC) traded up 0.2% against the dollar and now trades at $0.37 or 0.00000548 BTC.
• Electroneum (ETN) traded up 2.3% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded up 2.1% against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 2.3% lower against the dollar and now trades at $0.27 or 0.00000409 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 5.6% against the dollar and now trades at $0.0076 or 0.00000011 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 109,319,462 tokens. Pax Dollar’s official website is www.paxos.com/usdp. 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.

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 Changelly, Gemini or GDAX. 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