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

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on October 30th. One Pax Dollar token can currently be bought for $1.00 or 0.00001382 BTC on major exchanges. Pax Dollar has a market cap of $109.31 million and approximately $818,904.98 worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded 0% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 1.7% lower against the dollar and now trades at $0.12 or 0.00000162 BTC.
• Creditcoin (CTC) traded down 0.8% against the dollar and now trades at $0.39 or 0.00000543 BTC.
• Electroneum (ETN) traded down 2.9% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 1.8% against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 5.7% against the dollar and now trades at $0.25 or 0.00000351 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 5.3% lower against the dollar and now trades at $0.0081 or 0.00000011 BTC.

Pax Dollar Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 109,332,663 tokens. The official message board for Pax Dollar 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 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView