Pax Dollar (USDP) 24-Hour Volume Tops $900,507.16

Pax Dollar (USDP) traded up 0% against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on May 5th. Pax Dollar has a market capitalization of $148.42 million and $900,507.16 worth of Pax Dollar was traded on exchanges in the last day. During the last week, Pax Dollar has traded 0.1% higher against the U.S. dollar. One Pax Dollar token can now be bought for approximately $1.00 or 0.00001569 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 0.3% lower against the dollar and now trades at $0.23 or 0.00000356 BTC.
• Creditcoin (CTC) traded 2.7% lower against the dollar and now trades at $0.68 or 0.00001060 BTC.
• Electroneum (ETN) traded 3.1% higher against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded 1.5% lower against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 0.7% higher against the dollar and now trades at $1.44 or 0.00002253 BTC.
• SOLVE (SOLVE) traded 1.5% lower against the dollar and now trades at $0.0192 or 0.00000030 BTC.
• The Transfer Token (TTT) traded down 34.6% against the dollar and now trades at $0.0046 or 0.00000007 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. 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.

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 currently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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