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

Pax Dollar (USDP) traded down 0% against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on March 28th. One Pax Dollar token can now be bought for approximately $1.00 or 0.00001411 BTC on popular cryptocurrency exchanges. Over the last seven days, Pax Dollar has traded down 0% against the U.S. dollar. Pax Dollar has a total market capitalization of $147.71 million and approximately $864,895.36 worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded 2% higher against the dollar and now trades at $0.35 or 0.00000501 BTC.
• Creditcoin (CTC) traded down 1.5% against the dollar and now trades at $1.02 or 0.00001443 BTC.
• Electroneum (ETN) traded down 6.9% against the dollar and now trades at $0.0063 or 0.00000009 BTC.
• Verasity (VRA) traded 0.2% lower against the dollar and now trades at $0.0099 or 0.00000014 BTC.
• Meter Governance (MTRG) traded up 4.8% against the dollar and now trades at $2.12 or 0.00002998 BTC.
• The Transfer Token (TTT) traded down 7.5% against the dollar and now trades at $0.0153 or 0.00000022 BTC.
• SOLVE (SOLVE) traded up 4.9% against the dollar and now trades at $0.0283 or 0.00000040 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 147,734,649 tokens. 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. 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.”

Buying and Selling Pax Dollar

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView