Pax Dollar (USDP) Price Hits $1.00 on Exchanges

Pax Dollar (USDP) traded 0% higher against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on October 14th. Pax Dollar has a market capitalization of $107.77 million and $534,546.84 worth of Pax Dollar was traded on exchanges in the last 24 hours. Over the last seven days, Pax Dollar has traded 0% lower against the U.S. dollar. One Pax Dollar token can now be bought for about $1.00 or 0.00001516 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • IOTA (MIOTA) traded 3.6% higher against the dollar and now trades at $0.13 or 0.00000196 BTC.
  • Creditcoin (CTC) traded 2.3% higher against the dollar and now trades at $0.41 or 0.00000623 BTC.
  • Electroneum (ETN) traded 4.9% higher against the dollar and now trades at $0.0023 or 0.00000003 BTC.
  • Verasity (VRA) traded 9.5% higher against the dollar and now trades at $0.0032 or 0.00000005 BTC.
  • Meter Governance (MTRG) traded down 1.6% against the dollar and now trades at $0.43 or 0.00000651 BTC.
  • The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
  • SOLVE (SOLVE) traded up 0.2% against the dollar and now trades at $0.0090 or 0.00000014 BTC.

Pax Dollar Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 107,748,793 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. Pax Dollar’s official website 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 buy alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Pax Dollar using one of the aforementioned exchanges.

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