Pax Dollar Market Capitalization Hits $121.36 Million (USDP)

Pax Dollar (USDP) traded 0% higher against the U.S. dollar during the twenty-four hour period ending at 20:00 PM E.T. on June 30th. In the last seven days, Pax Dollar has traded 0% lower against the U.S. dollar. Pax Dollar has a market cap of $121.36 million and approximately $887,976.29 worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be bought for $1.00 or 0.00001597 BTC on major exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 1.9% higher against the dollar and now trades at $0.17 or 0.00000273 BTC.
• Creditcoin (CTC) traded up 1% against the dollar and now trades at $0.49 or 0.00000786 BTC.
• Electroneum (ETN) traded up 0.1% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded up 3.5% against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 0.2% against the dollar and now trades at $0.89 or 0.00001424 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 1.1% lower against the dollar and now trades at $0.0119 or 0.00000019 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 121,400,340 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. 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.

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 U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView