Pax Dollar Hits 24 Hour Volume of $1.92 Million (USDP)

Pax Dollar (USDP) traded 0.2% higher against the US dollar during the twenty-four hour period ending at 19:00 PM Eastern on April 25th. One Pax Dollar token can currently be bought for about $1.00 or 0.00001551 BTC on exchanges. During the last seven days, Pax Dollar has traded 0.2% higher against the US dollar. Pax Dollar has a market capitalization of $139.15 million and $1.92 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded 0.5% higher against the dollar and now trades at $0.24 or 0.00000371 BTC.
• Creditcoin (CTC) traded 4.2% lower against the dollar and now trades at $0.71 or 0.00001092 BTC.
• Electroneum (ETN) traded 4.3% lower against the dollar and now trades at $0.0042 or 0.00000006 BTC.
• Verasity (VRA) traded up 4.2% against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 0% higher against the dollar and now trades at $1.42 or 0.00002195 BTC.
• SOLVE (SOLVE) traded 1.7% lower against the dollar and now trades at $0.0202 or 0.00000031 BTC.
• The Transfer Token (TTT) traded 40.6% lower against the dollar and now trades at $0.0048 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 138,777,747 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 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView