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Buy or Exhange Pax Dollar (USDP) at the Best Market Price Today.
Pax Dollar Chart
Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology. Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology. Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, , ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that. The Pax Dollar (USDP) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.
The current price of 1 Pax Dollar (USDP) in USD is $1.000.
This price is currently -15.53% than its all-time high (ATH) of $1.180,
and 15.88% than its all-time low (ATL) of $0.8635.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Pax Dollar’s price.
The market capitalization of Pax Dollar (USDP) is $80,498,737.00 as of today.
Pax Dollar (USDP) is currently ranked #547 in the market, and this market cap is calculated by multiplying the current price of Pax Dollar with the circulating supply.
The circulating supply of Pax Dollar (USDP) is 80,419,984, meaning there are 80,419,984 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Pax Dollar (USDP) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Pax Dollar (USDP)’s official platforms.
The trading volume of Pax Dollar (USDP) today is $4,123,025.00.
This represents the total value of Pax Dollar (USDP) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Pax Dollar (USDP) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Pax Dollar's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Pax Dollar (USDP) to make well-informed trading decisions.
The all-time high (ATH) price of Pax Dollar (USDP) is $1.180.
This ATH was reached on 16 Apr 2024, marking the highest value ever for Pax Dollar (USDP) in the market.
Currently, Pax Dollar is lower than its ATH by -15.53%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Pax Dollar, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Pax Dollar (USDP) is $0.8635.
This ATL was reached on 19 May 2021, marking the lowest value ever for Pax Dollar (USDP).
Currently, Pax Dollar is higher than its ATL by 15.88%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Pax Dollar (USDP), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Pax Dollar (USDP), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Pax Dollar (USDP) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Pax Dollar against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Pax Dollar.
4. Place an Order: After funding your account, navigate to the Pax Dollar (USDP) trading pair (e.g., Pax Dollar/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Pax Dollar in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Pax Dollar (USDP).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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