Pax Dollar (USDP) Price Reaches $1.00 on Top Exchanges

Pax Dollar (USDP) traded 0.1% higher against the US dollar during the one day period ending at 17:00 PM Eastern on October 30th. Pax Dollar has a market cap of $109.43 million and approximately $799,322.68 worth of Pax Dollar was traded on exchanges in the last day. In the last week, Pax Dollar has traded up 0.1% against the US dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001381 BTC on major exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 1.7% higher against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Creditcoin (CTC) traded 1.9% higher against the dollar and now trades at $0.40 or 0.00000546 BTC.
• Electroneum (ETN) traded 5.9% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded 0.3% lower against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 7.8% against the dollar and now trades at $0.25 or 0.00000351 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 5.4% lower against the dollar and now trades at $0.0081 or 0.00000011 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 109,332,663 tokens. 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. The official message board for Pax Dollar is medium.com/@paxosstandard.

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 buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView