Pax Dollar Hits One Day Trading Volume of $1.74 Million (USDP)

Pax Dollar (USDP) traded up 0.2% against the dollar during the 1 day period ending at 7:00 AM ET on April 26th. Over the last week, Pax Dollar has traded 0.2% higher against the dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001560 BTC on cryptocurrency exchanges. Pax Dollar has a total market capitalization of $139.29 million and $1.74 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 0.2% lower against the dollar and now trades at $0.23 or 0.00000360 BTC.
• Creditcoin (CTC) traded up 1.8% against the dollar and now trades at $0.69 or 0.00001077 BTC.
• Electroneum (ETN) traded 1.5% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Verasity (VRA) traded 2% higher against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 1.9% against the dollar and now trades at $1.41 or 0.00002188 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0080 or 0.00000012 BTC.
• SOLVE (SOLVE) traded down 1.3% against the dollar and now trades at $0.0201 or 0.00000031 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 138,777,747 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.”

Pax Dollar Token Trading

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

USDP/USD price chart by TradingView