Pax Dollar One Day Volume Reaches $2.22 Million (USDP)

Pax Dollar (USDP) traded up 0% against the US dollar during the 24-hour period ending at 21:00 PM ET on April 30th. During the last week, Pax Dollar has traded down 0.2% against the US dollar. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001663 BTC on major exchanges. Pax Dollar has a total market cap of $148.27 million and approximately $2.22 million worth of Pax Dollar was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 5.6% lower against the dollar and now trades at $0.21 or 0.00000352 BTC.
• Creditcoin (CTC) traded down 9.5% against the dollar and now trades at $0.61 or 0.00001021 BTC.
• Electroneum (ETN) traded down 8.7% against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Verasity (VRA) traded down 6.7% against the dollar and now trades at $0.0053 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 7.9% against the dollar and now trades at $1.36 or 0.00002264 BTC.
• The Transfer Token (TTT) traded 115.1% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 5.4% lower against the dollar and now trades at $0.0186 or 0.00000031 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. Pax Dollar’s official message board 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 purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase 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