Pax Dollar (USDP) Hits 1-Day Trading Volume of $1.90 Million

Pax Dollar (USDP) traded down 0.1% against the dollar during the one day period ending at 8:00 AM Eastern on April 29th. Pax Dollar has a market capitalization of $148.24 million and $1.90 million worth of Pax Dollar was traded on exchanges in the last day. Over the last seven days, Pax Dollar has traded down 0.1% against the dollar. One Pax Dollar token can currently be bought for about $1.00 or 0.00001604 BTC on cryptocurrency exchanges.

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

• IOTA (MIOTA) traded down 4.7% against the dollar and now trades at $0.22 or 0.00000357 BTC.
• Creditcoin (CTC) traded down 3.2% against the dollar and now trades at $0.65 or 0.00001049 BTC.
• Electroneum (ETN) traded down 7.1% against the dollar and now trades at $0.0036 or 0.00000006 BTC.
• Verasity (VRA) traded down 4.5% against the dollar and now trades at $0.0056 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 1.4% higher against the dollar and now trades at $1.44 or 0.00002304 BTC.
• The Transfer Token (TTT) traded 115.1% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 5.7% lower against the dollar and now trades at $0.0194 or 0.00000031 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. Pax Dollar’s official message board is medium.com/@paxosstandard. Pax Dollar’s official website is www.paxos.com/usdp. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here.

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 acquire Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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