Pax Dollar (USDP) Price Up 0% This Week

Pax Dollar (USDP) traded 0% lower against the US dollar during the 1-day period ending at 7:00 AM ET on November 18th. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00001106 BTC on cryptocurrency exchanges. Over the last week, Pax Dollar has traded 0% higher against the US dollar. Pax Dollar has a market capitalization of $110.07 million and approximately $1.36 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded 2% higher against the dollar and now trades at $0.17 or 0.00000183 BTC.
• Creditcoin (CTC) traded 22.5% higher against the dollar and now trades at $0.69 or 0.00000761 BTC.
• Electroneum (ETN) traded up 0.8% against the dollar and now trades at $0.0020 or 0.00000002 BTC.
• Verasity (VRA) traded 1.3% lower against the dollar and now trades at $0.0034 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 8.1% against the dollar and now trades at $0.36 or 0.00000403 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 down 0% against the dollar and now trades at $0.0063 or 0.00000007 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its launch 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 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.”

Pax Dollar Token Trading

It is usually not currently 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, GDAX or Coinbase. 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