Pax Dollar (USDP) Price Hits $1.00 on Exchanges

Pax Dollar (USDP) traded 0% higher against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on January 12th. Pax Dollar has a total market cap of $47.55 million and $993.39 thousand worth of Pax Dollar was traded on exchanges in the last day. One Pax Dollar token can currently be purchased for $1.00 or 0.00001087 BTC on exchanges. During the last seven days, Pax Dollar has traded down 0% against the U.S. dollar.

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

• IOTA (MIOTA) traded 2.2% lower against the dollar and now trades at $0.0973 or 0.00000106 BTC.
• Creditcoin (CTC) traded 4.6% lower against the dollar and now trades at $0.28 or 0.00000301 BTC.
• Electroneum (ETN) traded down 2.8% against the dollar and now trades at $0.0012 or 0.00000001 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded down 11.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Meter Governance (MTRG) traded up 1.3% against the dollar and now trades at $0.0325 or 0.00000035 BTC.
• SOLVE (SOLVE) traded 20.4% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It launched on September 10th, 2018. Pax Dollar’s total supply is 47,569,455 tokens. Pax Dollar’s official Twitter account is @paxos and its Facebook page is accessible here. The official website for Pax Dollar is www.paxos.com/usdp. Pax Dollar’s official message board 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 possible to purchase alternative cryptocurrencies such as Pax Dollar directly using US dollars. Investors seeking to acquire Pax Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Pax Dollar using one of the aforementioned exchanges.

USDP/USD price chart by TradingView