Pax Dollar (USDP) Price Down 0.1% Over Last Week

Pax Dollar (USDP) traded down 0.2% against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on April 26th. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001568 BTC on cryptocurrency exchanges. Pax Dollar has a market capitalization of $138.84 million and $2.74 million worth of Pax Dollar was traded on exchanges in the last 24 hours. During the last seven days, Pax Dollar has traded down 0.1% against the U.S. dollar.

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

• IOTA (MIOTA) traded 4.1% lower against the dollar and now trades at $0.23 or 0.00000360 BTC.
• Creditcoin (CTC) traded down 2% against the dollar and now trades at $0.69 or 0.00001085 BTC.
• Electroneum (ETN) traded 4.8% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded down 4% against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 1% against the dollar and now trades at $1.40 or 0.00002202 BTC.
• The Transfer Token (TTT) traded up 67.7% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded up 0.7% against the dollar and now trades at $0.0203 or 0.00000032 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 138,777,747 tokens. Pax Dollar’s official website is www.paxos.com/usdp. 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.

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 US dollars. Investors seeking to acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView