Pax Dollar One Day Volume Reaches $1.24 Million (USDP)

Pax Dollar (USDP) traded up 0% against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on December 24th. Pax Dollar has a total market capitalization of $93.46 million and approximately $1.24 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be purchased for about $1.00 or 0.00001062 BTC on popular exchanges. Over the last week, Pax Dollar has traded 0% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded up 7.6% against the dollar and now trades at $0.32 or 0.00000343 BTC.
• Creditcoin (CTC) traded down 1.3% against the dollar and now trades at $1.28 or 0.00001358 BTC.
• Electroneum (ETN) traded 8.6% lower against the dollar and now trades at $0.0029 or 0.00000003 BTC.
• Verasity (VRA) traded down 0% against the dollar and now trades at $0.0044 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 1% against the dollar and now trades at $0.58 or 0.00000612 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 6.3% higher against the dollar and now trades at $0.0066 or 0.00000007 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 93,477,695 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here.

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 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView