Pax Dollar

USDP

$1.12

-0.14%

Pax Dollar price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy Pax Dollar with iDEAL or Wero

Buy Pax Dollar easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Pax Dollar?

Buying Pax Dollar through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Pax Dollar: Go to the Pax Dollar page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Pax Dollar appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Pax Dollar margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Pax Dollar on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Pax Dollar

Answers auto-summarised from live price and sentiment data for Pax Dollar.

Pax Dollar (USDP) is a stablecoin designed to maintain a stable value relative to the US dollar. It is issued by Paxos, a regulated financial institution, and aims to provide a digital representation of the US dollar on the blockchain.

The current price of Pax Dollar (USDP) is $0.9982. This price is subject to market fluctuations on cryptocurrency exchanges.

In the past 24 hours, the price of Pax Dollar (USDP) has changed by -0.13%. This indicates recent market activity and volatility.

The all-time high for Pax Dollar (USDP) is $1.25. This represents the highest price it has reached since its inception.

The current market capitalization of Pax Dollar (USDP) is $23,455,635.62. Its market rank is {{market_cap_rank}}, reflecting its relative size within the cryptocurrency market.

The news sentiment for Pax Dollar (USDP) over the past 24 hours is neutral. This is based on an analysis of recent news coverage and social media mentions.

Last refreshed:

About Pax Dollar

Pax Dollar (USDP) is a stablecoin engineered to maintain a stable value, pegged 1:1 to the U.S. dollar. Its objective is to provide a digital currency that merges the stability of fiat currency with the efficiency of blockchain technology. Pax Dollar was initially launched by Paxos Trust Company, a regulated financial institution. USDP's distinctive mechanism lies in the fact that each issued token is backed by a U.S. dollar held in a bank account. This ensures a one-to-one reserve for every USDP token in circulation. Paxos subjects these reserves to regular audits to guarantee transparency and compliance.

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