Pax Dollar (USDP) One Day Trading Volume Tops $1.40 Million

Pax Dollar (USDP) traded 0% higher against the dollar during the one day period ending at 7:00 AM ET on November 26th. During the last seven days, Pax Dollar has traded up 0% against the dollar. One Pax Dollar token can now be purchased for $1.00 or 0.00001082 BTC on major cryptocurrency exchanges. Pax Dollar has a total market cap of $110.08 million and $1.40 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded down 14.4% against the dollar and now trades at $0.21 or 0.00000231 BTC.
• Creditcoin (CTC) traded 5.2% lower against the dollar and now trades at $0.80 or 0.00000869 BTC.
• Verasity (VRA) traded down 9.3% against the dollar and now trades at $0.0051 or 0.00000006 BTC.
• Electroneum (ETN) traded down 6.2% against the dollar and now trades at $0.0023 or 0.00000002 BTC.
• Meter Governance (MTRG) traded 5.5% higher against the dollar and now trades at $0.40 or 0.00000428 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded down 0.3% against the dollar and now trades at $0.0065 or 0.00000007 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 110,099,031 tokens. 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. 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.”

Buying and Selling Pax Dollar

It is usually not currently 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 Changelly, Coinbase 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