Pax Dollar Trading Up 0.1% Over Last Week (USDP)

Pax Dollar (USDP) traded 0.1% lower against the dollar during the 1-day period ending at 17:00 PM Eastern on September 22nd. During the last week, Pax Dollar has traded 0.1% higher against the dollar. One Pax Dollar token can now be bought for approximately $1.00 or 0.00001584 BTC on exchanges. Pax Dollar has a market cap of $105.23 million and $405,777.83 worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded down 3.2% against the dollar and now trades at $0.14 or 0.00000219 BTC.
• Creditcoin (CTC) traded 2.2% lower against the dollar and now trades at $0.44 or 0.00000698 BTC.
• Verasity (VRA) traded 3.9% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Electroneum (ETN) traded up 0.6% against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Meter Governance (MTRG) traded down 1.8% against the dollar and now trades at $0.42 or 0.00000666 BTC.
• The Transfer Token (TTT) traded down 1.1% against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• SOLVE (SOLVE) traded up 0.3% against the dollar and now trades at $0.0099 or 0.00000016 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 105,079,505 tokens. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board 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 possible to buy alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView