Pax Dollar (USDP) Trading Up 0.1% This Week

Pax Dollar (USDP) traded down 0.1% against the US dollar during the 24 hour period ending at 23:00 PM ET on July 2nd. In the last seven days, Pax Dollar has traded 0.1% higher against the US dollar. Pax Dollar has a market cap of $122.56 million and $5.68 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for about $1.00 or 0.00001647 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded down 1% against the dollar and now trades at $0.17 or 0.00000275 BTC.
• Creditcoin (CTC) traded 0.1% higher against the dollar and now trades at $0.48 or 0.00000793 BTC.
• Electroneum (ETN) traded 3.6% higher against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Verasity (VRA) traded up 4.9% against the dollar and now trades at $0.0035 or 0.00000006 BTC.
• Meter Governance (MTRG) traded up 0.7% against the dollar and now trades at $0.88 or 0.00001453 BTC.
• The Transfer Token (TTT) traded down 0.4% against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 1.3% lower against the dollar and now trades at $0.0118 or 0.00000019 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 122,399,806 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.”

Pax Dollar Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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