Pax Dollar Price Down 0.2% Over Last Week (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the 24-hour period ending at 11:00 AM ET on August 18th. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001669 BTC on popular cryptocurrency exchanges. During the last seven days, Pax Dollar has traded 0.2% lower against the dollar. Pax Dollar has a market cap of $109.56 million and $3.22 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded up 2.9% against the dollar and now trades at $0.13 or 0.00000222 BTC.
• Creditcoin (CTC) traded 1.7% lower against the dollar and now trades at $0.42 or 0.00000704 BTC.
• Electroneum (ETN) traded 2.8% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded 3.8% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4% lower against the dollar and now trades at $0.51 or 0.00000852 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 0.7% against the dollar and now trades at $0.0108 or 0.00000018 BTC.

Pax Dollar Token Profile

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 109,594,777 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. The official website for Pax Dollar is www.paxos.com/usdp. 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 possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView