Pax Dollar Price Reaches $1.00 on Exchanges (USDP)

Pax Dollar (USDP) traded 0% lower against the US dollar during the 1 day period ending at 17:00 PM ET on April 27th. In the last seven days, Pax Dollar has traded 0.2% lower against the US dollar. Pax Dollar has a total market cap of $139.04 million and $6.99 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can now be bought for $1.00 or 0.00001583 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded up 1.1% against the dollar and now trades at $0.24 or 0.00000372 BTC.
• Creditcoin (CTC) traded 1.8% lower against the dollar and now trades at $0.68 or 0.00001081 BTC.
• Electroneum (ETN) traded down 1.9% against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded 0.2% lower against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded up 0.7% against the dollar and now trades at $1.40 or 0.00002213 BTC.
• The Transfer Token (TTT) traded 67.7% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded up 0.3% against the dollar and now trades at $0.0204 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 138,777,747 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official website 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 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, Gemini or GDAX. 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