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

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the 24 hour period ending at 20:00 PM Eastern on April 24th. Pax Dollar has a total market cap of $138.92 million and $1.87 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for $1.00 or 0.00001558 BTC on exchanges. During the last seven days, Pax Dollar has traded down 0% against the U.S. dollar.

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

• IOTA (MIOTA) traded 5.3% lower against the dollar and now trades at $0.24 or 0.00000372 BTC.
• Creditcoin (CTC) traded 4.2% lower against the dollar and now trades at $0.74 or 0.00001145 BTC.
• Electroneum (ETN) traded up 7.8% against the dollar and now trades at $0.0044 or 0.00000007 BTC.
• Verasity (VRA) traded down 3.4% against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 3.4% against the dollar and now trades at $1.42 or 0.00002206 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 1.4% lower against the dollar and now trades at $0.0205 or 0.00000032 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 138,777,747 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard. 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 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 GDAX, Changelly or Gemini. 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