Pax Dollar (USDP) Trading 0.1% Lower Over Last Week

Pax Dollar (USDP) traded 0% higher against the dollar during the twenty-four hour period ending at 8:00 AM E.T. on March 10th. Pax Dollar has a market cap of $79.23 million and approximately $318,009.89 worth of Pax Dollar was traded on exchanges in the last day. During the last week, Pax Dollar has traded 0.1% lower against the dollar. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001200 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 2.1% higher against the dollar and now trades at $0.19 or 0.00000227 BTC.
• Creditcoin (CTC) traded 2.3% lower against the dollar and now trades at $0.62 or 0.00000750 BTC.
• Electroneum (ETN) traded down 6.2% against the dollar and now trades at $0.0019 or 0.00000002 BTC.
• Verasity (VRA) traded down 6.3% against the dollar and now trades at $0.0015 or 0.00000002 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 6% against the dollar and now trades at $0.0853 or 0.00000102 BTC.
• SOLVE (SOLVE) traded 8.5% higher against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Pax Dollar Profile

Pax Dollar uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 79,232,665 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official website is www.paxos.com/usdp. The official message board for Pax Dollar is medium.com/@paxosstandard.

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 presently 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView