Pax Dollar (USDP) Price Reaches $1.00

Pax Dollar (USDP) traded down 0.1% against the dollar during the 24 hour period ending at 7:00 AM E.T. on April 27th. Pax Dollar has a total market cap of $139.14 million and approximately $8.29 million worth of Pax Dollar was traded on exchanges in the last 24 hours. During the last week, Pax Dollar has traded up 0.1% against the dollar. One Pax Dollar token can now be bought for $1.00 or 0.00001597 BTC on major exchanges.

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

• IOTA (MIOTA) traded 1.9% lower against the dollar and now trades at $0.23 or 0.00000361 BTC.
• Creditcoin (CTC) traded down 4.8% against the dollar and now trades at $0.66 or 0.00001047 BTC.
• Electroneum (ETN) traded down 0.3% against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Verasity (VRA) traded 2.9% lower against the dollar and now trades at $0.0056 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 4.2% lower against the dollar and now trades at $1.35 or 0.00002148 BTC.
• The Transfer Token (TTT) traded up 67.7% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 0.1% lower against the dollar and now trades at $0.0201 or 0.00000032 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official website 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView