Pax Dollar (USDP) Reaches Market Cap of $140.03 Million

Pax Dollar (USDP) traded 0.1% higher against the dollar during the twenty-four hour period ending at 20:00 PM ET on April 16th. Pax Dollar has a total market cap of $140.03 million and $18.58 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be purchased for $1.00 or 0.00001573 BTC on popular cryptocurrency exchanges. Over the last seven days, Pax Dollar has traded up 0.2% against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded up 0.1% against the dollar and now trades at $0.22 or 0.00000348 BTC.
• Creditcoin (CTC) traded down 3.6% against the dollar and now trades at $0.68 or 0.00001074 BTC.
• Electroneum (ETN) traded 7.9% lower against the dollar and now trades at $0.0051 or 0.00000008 BTC.
• Verasity (VRA) traded 2.7% lower against the dollar and now trades at $0.0055 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 0.1% higher against the dollar and now trades at $1.43 or 0.00002247 BTC.
• The Transfer Token (TTT) traded up 0.4% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 0.1% against the dollar and now trades at $0.0202 or 0.00000032 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 139,745,787 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxosstandard 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 US dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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