Pax Dollar (USDP) Trading Down 0% Over Last Week

Pax Dollar (USDP) traded 0% higher against the US dollar during the one day period ending at 22:00 PM ET on June 27th. Pax Dollar has a total market cap of $131.38 million and $1.05 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be bought for $1.00 or 0.00001615 BTC on exchanges. During the last week, Pax Dollar has traded 0% lower against the US dollar.

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

• IOTA (MIOTA) traded 4.2% higher against the dollar and now trades at $0.18 or 0.00000290 BTC.
• Creditcoin (CTC) traded up 2.9% against the dollar and now trades at $0.46 or 0.00000746 BTC.
• Electroneum (ETN) traded up 20.4% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 6.1% higher against the dollar and now trades at $0.0034 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 2.6% higher against the dollar and now trades at $0.88 or 0.00001425 BTC.
• The Transfer Token (TTT) traded up 28.1% against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded 3.1% higher against the dollar and now trades at $0.0125 or 0.00000020 BTC.

Pax Dollar Token Profile

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 131,400,340 tokens. 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. 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 possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView