Pax Dollar (USDP) Price Up 0% This Week

Pax Dollar (USDP) traded 0.1% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on October 31st. Pax Dollar has a market cap of $109.30 million and $726,517.67 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be purchased for $1.00 or 0.00001418 BTC on cryptocurrency exchanges. During the last seven days, Pax Dollar has traded up 0% against the U.S. dollar.

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

• IOTA (MIOTA) traded down 4% against the dollar and now trades at $0.11 or 0.00000161 BTC.
• Creditcoin (CTC) traded down 4.1% against the dollar and now trades at $0.38 or 0.00000537 BTC.
• Electroneum (ETN) traded up 2.8% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 5.2% against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 3.1% against the dollar and now trades at $0.26 or 0.00000374 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 1.7% against the dollar and now trades at $0.0079 or 0.00000011 BTC.

Pax Dollar Token Profile

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 109,332,663 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.”

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 acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView