Pax Dollar (USDP) Price Tops $1.00 on Exchanges

Pax Dollar (USDP) traded up 0% against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on June 16th. Pax Dollar has a market capitalization of $136.34 million and approximately $529,004.18 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for about $1.00 or 0.00001502 BTC on popular 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 down 0.7% against the dollar and now trades at $0.19 or 0.00000286 BTC.
  • Creditcoin (CTC) traded 12.1% lower against the dollar and now trades at $0.52 or 0.00000779 BTC.
  • Electroneum (ETN) traded 2% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
  • Verasity (VRA) traded 1.3% lower against the dollar and now trades at $0.0036 or 0.00000005 BTC.
  • Meter Governance (MTRG) traded 2% lower against the dollar and now trades at $1.09 or 0.00001642 BTC.
  • SOLVE (SOLVE) traded down 1.7% against the dollar and now trades at $0.0153 or 0.00000023 BTC.
  • The Transfer Token (TTT) traded down 24.3% against the dollar and now trades at $0.0051 or 0.00000008 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 136,400,340 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. Pax Dollar’s official message board 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 U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

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