Pax Dollar (USDP) Market Capitalization Hits $79.32 Million

Pax Dollar (USDP) traded 0% higher against the US dollar during the 24 hour period ending at 8:00 AM E.T. on March 26th. Over the last seven days, Pax Dollar has traded up 0.1% against the US dollar. Pax Dollar has a market cap of $79.32 million and $636,116.61 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001140 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded 7.7% higher against the dollar and now trades at $0.21 or 0.00000234 BTC.
• Creditcoin (CTC) traded up 5.8% against the dollar and now trades at $0.67 or 0.00000765 BTC.
• Electroneum (ETN) traded down 0.6% against the dollar and now trades at $0.0018 or 0.00000002 BTC.
• Verasity (VRA) traded 2.5% higher against the dollar and now trades at $0.0017 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 10.2% lower against the dollar and now trades at $0.10 or 0.00000117 BTC.
• SOLVE (SOLVE) traded down 35.2% against the dollar and now trades at $0.0005 or 0.00000001 BTC.

About Pax Dollar

USDP 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 message board is medium.com/@paxosstandard. The official website for Pax Dollar 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.”

Pax Dollar Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView