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

Pax Dollar (USDP) traded 0% lower against the dollar during the 1-day period ending at 14:00 PM Eastern on April 30th. One Pax Dollar token can now be purchased for approximately $1.00 or 0.00001659 BTC on major exchanges. Pax Dollar has a total market capitalization of $148.22 million and $2.70 million worth of Pax Dollar was traded on exchanges in the last day. During the last seven days, Pax Dollar has traded down 0.2% against the dollar.

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

• IOTA (MIOTA) traded 6.1% lower against the dollar and now trades at $0.21 or 0.00000347 BTC.
• Creditcoin (CTC) traded down 9.7% against the dollar and now trades at $0.63 or 0.00001038 BTC.
• Electroneum (ETN) traded 7% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Verasity (VRA) traded 5.1% lower against the dollar and now trades at $0.0053 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 4.5% lower against the dollar and now trades at $1.36 or 0.00002260 BTC.
• The Transfer Token (TTT) traded up 115.1% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 5.4% lower against the dollar and now trades at $0.0185 or 0.00000031 BTC.

About Pax Dollar

Pax Dollar uses the hashing algorithm. It was first traded on September 10th, 2018. Pax Dollar’s total supply is 148,253,495 tokens. 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. 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.”

Pax Dollar Token Trading

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 Changelly, Gemini or GDAX. 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