Pax Dollar (USDP) Trading 0% Lower Over Last 7 Days

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the 1-day period ending at 21:00 PM Eastern on October 27th. One Pax Dollar token can currently be purchased for $1.00 or 0.00001475 BTC on major exchanges. Pax Dollar has a total market cap of $109.27 million and approximately $1.04 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded down 0% against the U.S. dollar.

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

• IOTA (MIOTA) traded up 2.8% against the dollar and now trades at $0.11 or 0.00000165 BTC.
• Creditcoin (CTC) traded 6.6% higher against the dollar and now trades at $0.39 or 0.00000578 BTC.
• Electroneum (ETN) traded up 6.6% against the dollar and now trades at $0.0021 or 0.00000003 BTC.
• Verasity (VRA) traded down 0.1% against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 9.5% against the dollar and now trades at $0.25 or 0.00000367 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded up 7.4% against the dollar and now trades at $0.0082 or 0.00000012 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 109,319,462 tokens. The official message board for Pax Dollar 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.”

Buying and Selling Pax Dollar

It is usually not currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView