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

Pax Dollar (USDP) traded 0% higher against the dollar during the one day period ending at 15:00 PM ET on May 29th. During the last seven days, Pax Dollar has traded 0.2% lower against the dollar. Pax Dollar has a total market capitalization of $145.76 million and approximately $1.37 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 0.00001486 BTC on popular exchanges.

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

  • IOTA (MIOTA) traded down 0.1% against the dollar and now trades at $0.23 or 0.00000335 BTC.
  • Creditcoin (CTC) traded down 0.9% against the dollar and now trades at $0.69 or 0.00001029 BTC.
  • Electroneum (ETN) traded 1.9% lower against the dollar and now trades at $0.0032 or 0.00000005 BTC.
  • Verasity (VRA) traded down 4.9% against the dollar and now trades at $0.0053 or 0.00000008 BTC.
  • Meter Governance (MTRG) traded 10.5% higher against the dollar and now trades at $1.23 or 0.00001830 BTC.
  • SOLVE (SOLVE) traded up 2.2% against the dollar and now trades at $0.0179 or 0.00000027 BTC.
  • The Transfer Token (TTT) traded down 10.8% against the dollar and now trades at $0.0061 or 0.00000009 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 145,732,289 tokens. 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. The official message board for Pax Dollar is medium.com/@paxosstandard.

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 US dollars. Investors seeking to trade Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the exchanges listed above.

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