Pax Dollar (USDP) Hits Market Capitalization of $143.32 Million

Pax Dollar (USDP) traded up 0% against the dollar during the twenty-four hour period ending at 16:00 PM Eastern on May 8th. In the last seven days, Pax Dollar has traded down 0.1% against the dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001625 BTC on popular exchanges. Pax Dollar has a total market cap of $143.32 million and approximately $6.16 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded 3.3% lower against the dollar and now trades at $0.22 or 0.00000353 BTC.
• Creditcoin (CTC) traded down 1.3% against the dollar and now trades at $0.71 or 0.00001155 BTC.
• Electroneum (ETN) traded 13% lower against the dollar and now trades at $0.0032 or 0.00000005 BTC.
• Verasity (VRA) traded 9.2% lower against the dollar and now trades at $0.0052 or 0.00000008 BTC.
• Meter Governance (MTRG) traded down 0.6% against the dollar and now trades at $1.39 or 0.00002253 BTC.
• SOLVE (SOLVE) traded down 0.3% against the dollar and now trades at $0.0193 or 0.00000031 BTC.
• The Transfer Token (TTT) traded 9.7% higher against the dollar and now trades at $0.0050 or 0.00000008 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 143,253,496 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. 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 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 Gemini, GDAX or Changelly. 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