Pax Dollar (USDP) Hits 24 Hour Volume of $5.12 Million

Pax Dollar (USDP) traded 0% higher against the US dollar during the twenty-four hour period ending at 12:00 PM ET on September 7th. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001830 BTC on major cryptocurrency exchanges. Over the last week, Pax Dollar has traded 0.1% lower against the US dollar. Pax Dollar has a market cap of $103.18 million and $5.12 million worth of Pax Dollar was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded up 1% against the dollar and now trades at $0.12 or 0.00000219 BTC.
• Creditcoin (CTC) traded up 0.8% against the dollar and now trades at $0.38 or 0.00000694 BTC.
• Electroneum (ETN) traded up 2.5% against the dollar and now trades at $0.0018 or 0.00000003 BTC.
• Verasity (VRA) traded down 0.3% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• Meter Governance (MTRG) traded down 3.5% against the dollar and now trades at $0.41 or 0.00000747 BTC.
• SOLVE (SOLVE) traded 5.5% higher against the dollar and now trades at $0.0108 or 0.00000020 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 103,062,988 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. The official website for Pax Dollar 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 possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView