Pax Dollar Price Hits $1.00 on Exchanges (USDP)

Pax Dollar (USDP) traded up 0% against the US dollar during the 1 day period ending at 15:00 PM ET on April 19th. Pax Dollar has a market cap of $134.92 million and $2.47 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001560 BTC on exchanges. During the last seven days, Pax Dollar has traded 0.1% lower against the US dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded up 2.2% against the dollar and now trades at $0.23 or 0.00000356 BTC.
• Creditcoin (CTC) traded 0.1% lower against the dollar and now trades at $0.74 or 0.00001149 BTC.
• Electroneum (ETN) traded 1.4% higher against the dollar and now trades at $0.0050 or 0.00000008 BTC.
• Verasity (VRA) traded up 4.2% against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 5.3% higher against the dollar and now trades at $1.46 or 0.00002279 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 3.5% higher against the dollar and now trades at $0.0209 or 0.00000033 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 134,748,540 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official message board for Pax Dollar is medium.com/@paxosstandard. The official website for Pax Dollar 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 possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView