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

Pax Dollar (USDP) traded 0.1% higher against the dollar during the 24 hour period ending at 11:00 AM E.T. on October 22nd. One Pax Dollar token can now be bought for approximately $1.00 or 0.00001481 BTC on exchanges. Pax Dollar has a total market capitalization of $109.36 million and approximately $1.95 million worth of Pax Dollar was traded on exchanges in the last 24 hours. Over the last week, Pax Dollar has traded down 0% against the dollar.

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

• IOTA (MIOTA) traded 1.5% lower against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Creditcoin (CTC) traded down 1.2% against the dollar and now trades at $0.40 or 0.00000594 BTC.
• Electroneum (ETN) traded up 1.1% against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded down 2.2% against the dollar and now trades at $0.0029 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 9.8% lower against the dollar and now trades at $0.34 or 0.00000497 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded up 2.1% against the dollar and now trades at $0.0088 or 0.00000013 BTC.

Pax Dollar Token Profile

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 109,319,462 tokens. Pax Dollar’s official website is www.paxos.com/usdp. 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.

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 acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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