Pax Dollar Market Capitalization Reaches $139.01 Million (USDP)

Pax Dollar (USDP) traded 0.9% lower against the U.S. dollar during the 1-day period ending at 12:00 PM ET on April 27th. Pax Dollar has a total market cap of $139.01 million and $7.66 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded 0.1% lower against the U.S. dollar. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001594 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded down 2.2% against the dollar and now trades at $0.23 or 0.00000363 BTC.
• Creditcoin (CTC) traded 0.9% lower against the dollar and now trades at $0.69 or 0.00001102 BTC.
• Electroneum (ETN) traded down 3.9% against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded down 3.1% against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 0.9% against the dollar and now trades at $1.38 or 0.00002196 BTC.
• The Transfer Token (TTT) traded 67.7% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 0.3% against the dollar and now trades at $0.0202 or 0.00000032 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. 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. The official message board for Pax Dollar 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.”

Buying and Selling Pax Dollar

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView