Pax Dollar Trading Up 0% Over Last Week (USDP)

Pax Dollar (USDP) traded down 0% against the dollar during the 1-day period ending at 11:00 AM Eastern on October 30th. In the last week, Pax Dollar has traded 0% higher against the dollar. Pax Dollar has a total market cap of $109.31 million and $895,193.66 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be bought for $1.00 or 0.00001381 BTC on major exchanges.

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

• IOTA (MIOTA) traded 3.7% higher against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Creditcoin (CTC) traded up 3.4% against the dollar and now trades at $0.40 or 0.00000552 BTC.
• Electroneum (ETN) traded down 6.4% against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded 2.9% higher against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4.6% lower against the dollar and now trades at $0.26 or 0.00000353 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 1.6% higher against the dollar and now trades at $0.0086 or 0.00000012 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 109,332,663 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. 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.

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 purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView