Pax Dollar (USDP) Trading Down 0.1% Over Last 7 Days

Pax Dollar (USDP) traded up 0% against the dollar during the 24-hour period ending at 21:00 PM E.T. on July 14th. In the last week, Pax Dollar has traded 0.1% lower against the dollar. Pax Dollar has a market capitalization of $117.37 million and $437,091.26 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for $1.00 or 0.00001631 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded up 2.4% against the dollar and now trades at $0.16 or 0.00000269 BTC.
• Creditcoin (CTC) traded up 0.1% against the dollar and now trades at $0.51 or 0.00000826 BTC.
• Electroneum (ETN) traded down 4.2% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 0.9% higher against the dollar and now trades at $0.0034 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 0.7% higher against the dollar and now trades at $0.76 or 0.00001232 BTC.
• The Transfer Token (TTT) traded down 7.7% against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 3.1% against the dollar and now trades at $0.0103 or 0.00000017 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 117,399,806 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar 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 presently 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 Changelly, GDAX or Gemini. 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