Pax Dollar (USDP) Price Up 0.2% Over Last 7 Days

Pax Dollar (USDP) traded down 0.1% against the US dollar during the one day period ending at 12:00 PM ET on April 22nd. One Pax Dollar token can now be bought for $1.00 or 0.00001509 BTC on major exchanges. During the last seven days, Pax Dollar has traded 0.2% higher against the US dollar. Pax Dollar has a market cap of $135.01 million and $1.55 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 1.9% higher against the dollar and now trades at $0.24 or 0.00000365 BTC.
• Creditcoin (CTC) traded up 0.7% against the dollar and now trades at $0.77 or 0.00001160 BTC.
• Electroneum (ETN) traded 4.8% lower against the dollar and now trades at $0.0045 or 0.00000007 BTC.
• Verasity (VRA) traded up 0.1% against the dollar and now trades at $0.0064 or 0.00000010 BTC.
• Meter Governance (MTRG) traded 1.2% lower against the dollar and now trades at $1.51 or 0.00002281 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 0.6% lower against the dollar and now trades at $0.0211 or 0.00000032 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 134,748,540 tokens. 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. Pax Dollar’s official message board 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView