Pax Dollar (USDP) Price Reaches $1.00 on Exchanges

Pax Dollar (USDP) traded up 0% against the dollar during the 24-hour period ending at 16:00 PM E.T. on June 24th. Over the last week, Pax Dollar has traded down 0.1% against the dollar. One Pax Dollar token can now be bought for about $1.00 or 0.00001688 BTC on popular cryptocurrency exchanges. Pax Dollar has a market capitalization of $136.38 million and $1.68 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

  • IOTA (MIOTA) traded 2.3% lower against the dollar and now trades at $0.17 or 0.00000286 BTC.
  • Creditcoin (CTC) traded down 5.6% against the dollar and now trades at $0.45 or 0.00000766 BTC.
  • Electroneum (ETN) traded 0.9% higher against the dollar and now trades at $0.0022 or 0.00000004 BTC.
  • Verasity (VRA) traded up 0.6% against the dollar and now trades at $0.0031 or 0.00000005 BTC.
  • Meter Governance (MTRG) traded 1.5% lower against the dollar and now trades at $0.86 or 0.00001456 BTC.
  • The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0051 or 0.00000008 BTC.
  • SOLVE (SOLVE) traded up 4.2% against the dollar and now trades at $0.0125 or 0.00000021 BTC.

About Pax Dollar

USDP uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 136,400,340 tokens. Pax Dollar’s official message board 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.”

Pax Dollar Token Trading

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

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