Pax Dollar Market Cap Hits $110.11 Million (USDP)

Pax Dollar (USDP) traded 0% higher against the dollar during the 24 hour period ending at 16:00 PM ET on November 2nd. During the last week, Pax Dollar has traded 0% higher against the dollar. Pax Dollar has a total market cap of $110.11 million and $696,278.27 worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be bought for approximately $1.00 or 0.00001439 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 1.4% lower against the dollar and now trades at $0.11 or 0.00000157 BTC.
• Creditcoin (CTC) traded down 1.8% against the dollar and now trades at $0.37 or 0.00000530 BTC.
• Electroneum (ETN) traded 1.9% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 0.4% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 2.8% lower against the dollar and now trades at $0.24 or 0.00000350 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 0.3% higher against the dollar and now trades at $0.0078 or 0.00000011 BTC.

About Pax Dollar

Pax Dollar 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.”

Buying and Selling Pax Dollar

It is usually not presently 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView