Pax Dollar (USDP) Hits 24 Hour Volume of $2.32 Million

Pax Dollar (USDP) traded down 0.1% against the U.S. dollar during the 1-day period ending at 22:00 PM ET on April 23rd. One Pax Dollar token can currently be purchased for $1.00 or 0.00001501 BTC on major exchanges. Over the last week, Pax Dollar has traded 0% higher against the U.S. dollar. Pax Dollar has a market cap of $139.04 million and $2.32 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 2.9% higher against the dollar and now trades at $0.25 or 0.00000379 BTC.
• Creditcoin (CTC) traded down 0.9% against the dollar and now trades at $0.78 or 0.00001162 BTC.
• Electroneum (ETN) traded 8% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Verasity (VRA) traded down 5.8% against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 4.4% against the dollar and now trades at $1.45 or 0.00002176 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 1.7% against the dollar and now trades at $0.0208 or 0.00000031 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. 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.

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 presently possible to buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView