Pax Dollar Price Hits $1.00 on Top Exchanges (USDP)

Pax Dollar (USDP) traded 0% lower against the US dollar during the 24 hour period ending at 10:00 AM Eastern on June 8th. In the last week, Pax Dollar has traded 0% lower against the US dollar. Pax Dollar has a market cap of $140.72 million and approximately $1.86 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can now be bought for approximately $1.00 or 0.00001441 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • IOTA (MIOTA) traded 13.9% lower against the dollar and now trades at $0.21 or 0.00000305 BTC.
  • Creditcoin (CTC) traded 4.4% lower against the dollar and now trades at $0.64 or 0.00000925 BTC.
  • Electroneum (ETN) traded 3.8% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.
  • Verasity (VRA) traded 18.4% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.
  • Meter Governance (MTRG) traded 5.3% lower against the dollar and now trades at $1.18 or 0.00001705 BTC.
  • SOLVE (SOLVE) traded 4.9% lower against the dollar and now trades at $0.0169 or 0.00000024 BTC.
  • The Transfer Token (TTT) traded 17.6% lower against the dollar and now trades at $0.0051 or 0.00000007 BTC.

Pax Dollar Token Profile

Pax Dollar (USDP) uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 140,732,275 tokens. 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. 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.”

Pax Dollar Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

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