Pax Dollar Trading 0% Lower Over Last 7 Days (USDP)

Pax Dollar (USDP) traded down 0.1% against the dollar during the 24 hour period ending at 16:00 PM ET on October 19th. Pax Dollar has a market cap of $109.05 million and approximately $347,905.57 worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001467 BTC on major cryptocurrency exchanges. In the last seven days, Pax Dollar has traded 0% lower against the dollar.

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

• IOTA (MIOTA) traded up 0.3% against the dollar and now trades at $0.12 or 0.00000176 BTC.
• Creditcoin (CTC) traded 0.3% higher against the dollar and now trades at $0.41 or 0.00000599 BTC.
• Electroneum (ETN) traded down 1.9% against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded down 3% against the dollar and now trades at $0.0029 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 4.3% against the dollar and now trades at $0.40 or 0.00000580 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 2.8% higher against the dollar and now trades at $0.0088 or 0.00000013 BTC.

Pax Dollar Token Profile

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 109,061,210 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official website is www.paxos.com/usdp. Pax Dollar’s official message board 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.”

Pax Dollar Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly 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