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

Pax Dollar (USDP) traded 0% lower against the dollar during the 1-day period ending at 22:00 PM Eastern on March 27th. One Pax Dollar token can now be bought for about $1.00 or 0.00001440 BTC on major cryptocurrency exchanges. Over the last week, Pax Dollar has traded 0.1% higher against the dollar. Pax Dollar has a total market capitalization of $147.73 million and approximately $1.09 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 6.1% lower against the dollar and now trades at $0.35 or 0.00000497 BTC.
• Creditcoin (CTC) traded 5.2% lower against the dollar and now trades at $1.03 or 0.00001488 BTC.
• Electroneum (ETN) traded down 1.2% against the dollar and now trades at $0.0069 or 0.00000010 BTC.
• Verasity (VRA) traded down 5.7% against the dollar and now trades at $0.0097 or 0.00000014 BTC.
• Meter Governance (MTRG) traded down 2.1% against the dollar and now trades at $2.01 or 0.00002899 BTC.
• The Transfer Token (TTT) traded 5.4% lower against the dollar and now trades at $0.0166 or 0.00000024 BTC.
• SOLVE (SOLVE) traded up 9.7% against the dollar and now trades at $0.0294 or 0.00000042 BTC.

About Pax Dollar

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 147,734,649 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 US dollars. Investors seeking to acquire 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.

USDP/USD price chart by TradingView