Pax Dollar (USDP) Reaches 1-Day Trading Volume of $1.24 Million

Pax Dollar (USDP) traded 0% higher against the U.S. dollar during the one day period ending at 7:00 AM E.T. on December 24th. Pax Dollar has a total market cap of $93.46 million and approximately $1.24 million worth of Pax Dollar was traded on exchanges in the last 24 hours. In the last seven days, Pax Dollar has traded down 0% against the U.S. dollar. One Pax Dollar token can currently be bought for about $1.00 or 0.00001062 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded up 7.6% against the dollar and now trades at $0.32 or 0.00000343 BTC.
• Creditcoin (CTC) traded 1.3% lower against the dollar and now trades at $1.28 or 0.00001358 BTC.
• Electroneum (ETN) traded 8.6% lower against the dollar and now trades at $0.0029 or 0.00000003 BTC.
• Verasity (VRA) traded 0% lower against the dollar and now trades at $0.0044 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 1% lower against the dollar and now trades at $0.58 or 0.00000612 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded up 6.3% against the dollar and now trades at $0.0066 or 0.00000007 BTC.

Pax Dollar Token Profile

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 93,477,695 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. 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.

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 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 GDAX, Changelly 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