Pax Dollar (USDP) Price Tops $1.00

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the 1 day period ending at 15:00 PM E.T. on April 23rd. One Pax Dollar token can now be purchased for about $1.00 or 0.00001503 BTC on popular exchanges. Pax Dollar has a total market capitalization of $138.92 million and $2.15 million worth of Pax Dollar was traded on exchanges in the last day. Over the last seven days, Pax Dollar has traded down 0.1% against the U.S. dollar.

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

• IOTA (MIOTA) traded up 1.4% against the dollar and now trades at $0.25 or 0.00000370 BTC.
• Creditcoin (CTC) traded 1.4% lower against the dollar and now trades at $0.78 or 0.00001164 BTC.
• Electroneum (ETN) traded down 8.5% against the dollar and now trades at $0.0042 or 0.00000006 BTC.
• Verasity (VRA) traded down 5.4% against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.2% lower against the dollar and now trades at $1.48 or 0.00002215 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 0.8% lower against the dollar and now trades at $0.0209 or 0.00000031 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official website 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 presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView