Pax Dollar 24 Hour Trading Volume Reaches $5.91 Million (USDP)

Pax Dollar (USDP) traded 0.1% lower against the dollar during the one day period ending at 7:00 AM E.T. on May 9th. Over the last seven days, Pax Dollar has traded down 0.2% against the dollar. Pax Dollar has a total market cap of $143.26 million and $5.91 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be purchased for about $1.00 or 0.00001641 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• IOTA (MIOTA) traded up 0.8% against the dollar and now trades at $0.22 or 0.00000356 BTC.
• Creditcoin (CTC) traded down 2.4% against the dollar and now trades at $0.71 or 0.00001161 BTC.
• Electroneum (ETN) traded 2.5% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Verasity (VRA) traded down 3.4% against the dollar and now trades at $0.0052 or 0.00000008 BTC.
• Meter Governance (MTRG) traded 0.8% lower against the dollar and now trades at $1.37 or 0.00002249 BTC.
• SOLVE (SOLVE) traded 1% lower against the dollar and now trades at $0.0192 or 0.00000031 BTC.
• The Transfer Token (TTT) traded 9.6% higher against the dollar and now trades at $0.0050 or 0.00000008 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 143,253,496 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. Pax Dollar’s official message board is medium.com/@paxosstandard. Pax Dollar’s official website 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.”

Buying and Selling Pax Dollar

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