Pax Dollar Market Capitalization Tops $93.65 Million (USDP)

Pax Dollar (USDP) traded up 0% against the US dollar during the 24-hour period ending at 7:00 AM Eastern on January 21st. Pax Dollar has a market cap of $93.65 million and approximately $709,367.40 worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be purchased for approximately $1.00 or 0.00000958 BTC on popular cryptocurrency exchanges. In the last seven days, Pax Dollar has traded down 0% against the US dollar.

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

• IOTA (MIOTA) traded down 4.4% against the dollar and now trades at $0.33 or 0.00000316 BTC.
• Creditcoin (CTC) traded down 0.5% against the dollar and now trades at $1.04 or 0.00000994 BTC.
• Electroneum (ETN) traded 2.6% higher against the dollar and now trades at $0.0024 or 0.00000002 BTC.
• Verasity (VRA) traded 3.6% higher against the dollar and now trades at $0.0038 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 0.3% against the dollar and now trades at $0.35 or 0.00000338 BTC.
• The Transfer Token (TTT) traded 0% higher against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 2.2% higher against the dollar and now trades at $0.0034 or 0.00000003 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 93,661,704 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board is medium.com/@paxosstandard. 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 U.S. dollars. Investors seeking to trade Pax Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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