Pax Dollar (USDP) Trading Up 0.2% Over Last Week

Pax Dollar (USDP) traded up 0.5% against the U.S. dollar during the one day period ending at 18:00 PM ET on April 17th. Over the last seven days, Pax Dollar has traded up 0.2% against the U.S. dollar. One Pax Dollar token can now be purchased for approximately $1.00 or 0.00001641 BTC on major cryptocurrency exchanges. Pax Dollar has a market capitalization of $140.06 million and approximately $7.05 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded down 2.8% against the dollar and now trades at $0.22 or 0.00000358 BTC.
• Creditcoin (CTC) traded 8.3% lower against the dollar and now trades at $0.63 or 0.00001034 BTC.
• Electroneum (ETN) traded down 4.8% against the dollar and now trades at $0.0048 or 0.00000008 BTC.
• Verasity (VRA) traded 0% lower against the dollar and now trades at $0.0055 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.8% higher against the dollar and now trades at $1.45 or 0.00002378 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 2.3% against the dollar and now trades at $0.0198 or 0.00000032 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 139,745,787 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.”

Buying and Selling Pax Dollar

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

USDP/USD price chart by TradingView