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

Pax Dollar (USDP) traded up 0% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on January 9th. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001070 BTC on popular exchanges. Pax Dollar has a market capitalization of $93.61 million and $4.63 million worth of Pax Dollar was traded on exchanges in the last 24 hours. During the last seven days, Pax Dollar has traded 0% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded down 5.3% against the dollar and now trades at $0.31 or 0.00000329 BTC.
• Creditcoin (CTC) traded 3.1% lower against the dollar and now trades at $1.05 or 0.00001118 BTC.
• Electroneum (ETN) traded down 4.6% against the dollar and now trades at $0.0031 or 0.00000003 BTC.
• Verasity (VRA) traded down 5% against the dollar and now trades at $0.0041 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.1% higher against the dollar and now trades at $0.43 or 0.00000459 BTC.
• The Transfer Token (TTT) traded up 19.4% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded up 0.9% against the dollar and now trades at $0.0063 or 0.00000007 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 93,564,126 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. The official website for Pax Dollar is www.paxos.com/usdp. 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 presently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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