Pax Dollar (USDP) Market Cap Achieves $105.14 Million

Pax Dollar (USDP) traded up 0% against the US dollar during the 1-day period ending at 0:00 AM E.T. on September 14th. Pax Dollar has a total market cap of $105.14 million and approximately $3.73 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 US dollar. One Pax Dollar token can currently be bought for about $1.00 or 0.00001663 BTC on popular exchanges.

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

• IOTA (MIOTA) traded 1.1% lower against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Creditcoin (CTC) traded up 0.9% against the dollar and now trades at $0.43 or 0.00000713 BTC.
• Electroneum (ETN) traded down 1.5% against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Verasity (VRA) traded up 2.3% against the dollar and now trades at $0.0028 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 8.3% higher against the dollar and now trades at $0.50 or 0.00000832 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 1.3% higher against the dollar and now trades at $0.0101 or 0.00000017 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 105,079,505 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar is www.paxos.com/usdp. 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 currently possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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