Pax Dollar Price Hits $1.00 on Top Exchanges (USDP)

Pax Dollar (USDP) traded down 0% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM Eastern on February 25th. One Pax Dollar token can now be purchased for approximately $1.00 or 0.00001479 BTC on popular cryptocurrency exchanges. In the last seven days, Pax Dollar has traded up 0% against the U.S. dollar. Pax Dollar has a total market cap of $47.56 million and approximately $4.47 million worth of Pax Dollar was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 6% higher against the dollar and now trades at $0.0704 or 0.00000104 BTC.
• Creditcoin (CTC) traded up 5.7% against the dollar and now trades at $0.16 or 0.00000234 BTC.
• Electroneum (ETN) traded up 0.2% against the dollar and now trades at $0.0010 or 0.00000002 BTC.
• The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded 4.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded up 0.6% against the dollar and now trades at $0.0241 or 0.00000036 BTC.
• SOLVE (SOLVE) traded 19.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 47,569,453 tokens. Pax Dollar’s official website is www.paxos.com/usdp. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxos 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 presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView