Pax Dollar (USDP) One Day Volume Reaches $15.83 Million

Pax Dollar (USDP) traded 0% lower against the U.S. dollar during the one day period ending at 23:00 PM E.T. on March 22nd. Pax Dollar has a total market capitalization of $174.31 million and approximately $15.83 million worth of Pax Dollar was traded on exchanges in the last 24 hours. One Pax Dollar token can currently be bought for about $1.00 or 0.00001565 BTC on popular cryptocurrency exchanges. Over the last seven days, Pax Dollar has traded up 0% against the U.S. dollar.

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

• IOTA (MIOTA) traded down 3.3% against the dollar and now trades at $0.31 or 0.00000484 BTC.
• Creditcoin (CTC) traded up 4.2% against the dollar and now trades at $0.94 or 0.00001465 BTC.
• Electroneum (ETN) traded 1.4% lower against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• Verasity (VRA) traded down 6.4% against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• Meter Governance (MTRG) traded 2.5% lower against the dollar and now trades at $2.15 or 0.00003365 BTC.
• SOLVE (SOLVE) traded 3% higher against the dollar and now trades at $0.0257 or 0.00000040 BTC.
• The Transfer Token (TTT) traded up 0% against the dollar and now trades at $0.0034 or 0.00000005 BTC.

Pax Dollar Token Profile

USDP uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 174,421,975 tokens. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official Twitter account is @paxosstandard and its Facebook page is accessible here. The official message board for Pax Dollar 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.”

Buying and Selling Pax Dollar

It is usually not currently possible to purchase alternative cryptocurrencies such as Pax Dollar directly using U.S. dollars. Investors seeking to acquire Pax Dollar should first purchase 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 purchase Pax Dollar using one of the exchanges listed above.

USDP/USD price chart by TradingView