Pax Dollar (USDP) Price Hits $1.00 on Major Exchanges

Pax Dollar (USDP) traded 0% higher against the dollar during the 24-hour period ending at 14:00 PM Eastern on October 26th. Over the last week, Pax Dollar has traded 0.1% lower against the dollar. Pax Dollar has a market capitalization of $109.29 million and approximately $2.13 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001492 BTC on popular exchanges.

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

• IOTA (MIOTA) traded down 6.1% against the dollar and now trades at $0.11 or 0.00000161 BTC.
• Creditcoin (CTC) traded 4.7% lower against the dollar and now trades at $0.37 or 0.00000549 BTC.
• Electroneum (ETN) traded down 0.3% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded 8.2% lower against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 1.7% against the dollar and now trades at $0.28 or 0.00000414 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 6% lower against the dollar and now trades at $0.0076 or 0.00000011 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 109,319,462 tokens. Pax Dollar’s official website is www.paxos.com/usdp. 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.

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 buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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