Pax Dollar Price Tops $1.00 on Major Exchanges (USDP)

Pax Dollar (USDP) traded up 0.1% against the U.S. dollar during the 1 day period ending at 20:00 PM E.T. on November 5th. Pax Dollar has a total market cap of $110.25 million and $2.76 million worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for about $1.00 or 0.00001412 BTC on cryptocurrency exchanges. During the last week, Pax Dollar has traded 0.2% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded up 5.7% against the dollar and now trades at $0.11 or 0.00000155 BTC.
• Creditcoin (CTC) traded up 2% against the dollar and now trades at $0.37 or 0.00000525 BTC.
• Electroneum (ETN) traded 0.3% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded up 16.7% against the dollar and now trades at $0.0028 or 0.00000004 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Meter Governance (MTRG) traded up 11.4% against the dollar and now trades at $0.27 or 0.00000374 BTC.
• SOLVE (SOLVE) traded 2.1% higher against the dollar and now trades at $0.0071 or 0.00000010 BTC.

About Pax Dollar

Pax Dollar (CRYPTO:USDP) uses the hashing algorithm. Its genesis date was September 10th, 2018. Pax Dollar’s total supply is 110,099,031 tokens. The official message board for Pax Dollar is medium.com/@paxosstandard. Pax Dollar’s official website is www.paxos.com/usdp. 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.”

Pax Dollar Token Trading

It is usually not presently 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 exchanges listed above.

USDP/USD price chart by TradingView