Pax Dollar (USDP) Price Down 0.2% Over Last Week

Pax Dollar (USDP) traded 0% higher against the dollar during the 1-day period ending at 9:00 AM E.T. on April 20th. In the last week, Pax Dollar has traded 0.2% lower against the dollar. One Pax Dollar token can currently be bought for $1.00 or 0.00001568 BTC on exchanges. Pax Dollar has a market capitalization of $135.06 million and approximately $1.20 million worth of Pax Dollar was traded on exchanges in the last day.

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

• IOTA (MIOTA) traded up 1.8% against the dollar and now trades at $0.23 or 0.00000363 BTC.
• Creditcoin (CTC) traded down 1.4% against the dollar and now trades at $0.73 or 0.00001142 BTC.
• Electroneum (ETN) traded 3.2% lower against the dollar and now trades at $0.0049 or 0.00000008 BTC.
• Verasity (VRA) traded 0.4% lower against the dollar and now trades at $0.0061 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.3% lower against the dollar and now trades at $1.47 or 0.00002294 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 2.1% lower against the dollar and now trades at $0.0204 or 0.00000032 BTC.

About Pax Dollar

Pax Dollar (USDP) uses the hashing algorithm. Its launch date was September 10th, 2018. Pax Dollar’s total supply is 134,748,540 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. 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.”

Pax Dollar Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView