Paxos Standard (PAX) is now Pax Dollar (USDP) More details
coin image

Pax DollarUSDP to INR

339
Token
₹83.02 0.03%
0.0000150 BTC0.71%0.000324 ETH1.08%

Low (24h)

₹83.01

₹83.10

USDP to INR Price Today

339
Token
Market Cap
₹12,098,183,761.28
Market Dominance
0.01%
Market Cap
₹12,098,183,761.28
Market Dominance
0.01%
Fully Diluted Market Cap
₹12,098,183,761.67
YTD (%)
0.03%
Volume (24h)
₹84,382,041.55
Volume / Market Cap
0.00697
Circulating Supply
145,732,289 USDP
Max Supply
-
Total Supply
145,732,289
1h24h7d30d60d90d
-0.02%-0.03%0.06%-0.09% 0.04% 0.05%





USDP to INR

coin image USDP

1

USDP

=

INR

Pax Dollar Risk Analysis

2

2

2

Pax Dollar (USDP) Markets


Pax Dollar Quarterly Returns

YearQ1Q2Q3Q4Total

USDP comes under the list of new-arrival cryptos. Hence, there is no Quarterly Return exist.

1. What is Pax Dollar coin?

Pax Dollar coin is a cryptocurrency that is pegged to the U.S. dollar. That means the price of a coin is connected with the price of dollars. Thus enables the users to use a secure digital currency for transactions, investments or just to store as value. Pax Dollar coin is also known as PAX, and it is one of the most popular stablecoins available today.

2. History of Pax Dollar coin

Pax Dollar coin was created by Paxos, a New York-based company that specializes in blockchain-based financial infrastructure. Because of its stability and authenticity the coin soon became popular after its launch in 2018. Currently Paxos is a financial organisation that provides a variety of blockchain solutions to its clients. 

3. How does Pax Dollar coin work?

Pax Dollar coin works by utilizing blockchain technology to provide users with a transparent and secure way to store and transfer funds. Since the coin is connected with US dollars making its price constantly identical to the price of one dollar. This enables the users to enjoy a secure digital currency that they can use for various purposes like purchases,  trading or for just holding it as a store of value. 

4. Benefits of using Pax Dollar coin

Below are some of the benefits of using Pax Dollar. 

  • Stability: Because of its stable nature the fluctuations of price does not affect Pax Dollar coin unlike other cryptocurrencies. This makes it a trustworthy choice for users who are looking for investment in digital currencies. 
  • Transparency: Pax Dollar coin is built on a blockchain, which means that all transactions are transparent and can be verified by anyone. Giving users security and transparency. 
  • Accessibility: Pax Dollar coin can be bought and sold on a range of cryptocurrency exchanges, making it easy for users to access the coin and use it for their transactions.

5. How to buy and store Pax Dollar coin

Any digital wallets that support ERC-20 tokens can be used to store Pax Dollar coins. MyEtherWallet, Trust Wallet and Ledger Nano S are some of the examples of such digital wallets. 

Binance, Bitfinex, and Krakens are some of the cryptocurrencies that can be exchanged for the purchase or sales of Pax Dollar coin.  For the purchase of Pax Dollar coin,  you will have to create an account on any of the above-mentioned exchanges and by following the instructions you can buy PAX Dollar coin. 

6. Pax Dollar coin vs. other stablecoins

There are several stablecoins available today, including Tether, USD Coin, and TrueUSD. While these coins all offer stability and reliability, there are some key differences between them.

For example, Tether has faced controversy in the past regarding its transparency and backing, while Pax Dollar coin has been praised for its transparency and regulatory compliance. Additionally, the Pax Dollar coin offers faster transaction times than some other stablecoins, such as TrueUSD.

7. Potential risks of using Pax Dollar coin

While Pax Dollar coin is a reliable and stable digital currency, there are still some potential risks that users should be aware of. One such risk is the possibility of regulatory changes that could impact the use or value of the coin. Unlike other cryptocurrencies there is a risk of hacking and theft , thus the users have to choose perfect measures to safeguard their wallets and funds.

8. Future outlook for Pax Dollar coin

The future outlook for Pax Dollar coin is positive, as more users are looking for stable digital currencies that can provide a reliable alternative to traditional fiat currencies. Additionally, Paxos has received regulatory approval from several financial authorities, which further strengthens the coin's reputation and potential for growth.


 

How much is a one Pax Dollar worth now?

The current price of the Pax Dollar(USDP) is ₹83.02, with a current market cap ₹12,098,183,761.28.

What is the Pax Dollar stock symbol or ticker?

USDP is a ticker symbol of the Pax Dollar.

How many USDP coins are there in circulation?

At the movement,145.73M Pax Dollar tokens are already in the market out of 145.73M USDP.

How can I invest in Pax Dollar?

There are many options for buying crypto, and Pax Dollar can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Pax Dollar. It's a quick, easy, and secure way to buy Pax Dollar(USDP).

Is Pax Dollar a stablecoin?

Yes,It is a stablecoin.

What was the lowest price for Pax Dollar?

Pax Dollar had an all-time low of ₹72.45.

What was the Highest price for Pax Dollar?

Pax Dollar had an all-time low of ₹72.45.

Can Pax Dollar be mined?

No, the Pax Dollar (USDP) coin cannot be mined.

Coin Converter

By exchanging USDP against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Pax Dollar can be earned or received in various ways. USDP considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the USDP, including USDP to PHP, USDP to INR, USDP to NGN, USDP to THB, USDP to CAD, USDP to PKR, USDP to IDR , USDP to EUR , USDP to AUD , USDP to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 USDP is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like USDP to NOT, USDP to PEPE, USDP to HANK, USDP to VOXEL, USDP to BTC, USDP to HOOK, USDP to ONDO, USDP to AEVO .

USDP to INR price today is ₹83.02, which is Down by -0.03% over the last 24 hours. There has been an hourly Dip by -0.02%. Pax Dollar's market cap currently sits at ₹12,098,183,761.28 INR, holding up for a market cap rank at #339. The volume were at ₹84,382,041.55 INR Pax Dollar ranks no 339 in the market capitalization of Pax Dollar is at ₹12,098,183,761.28 and its volume for 24 hours is ₹84,382,041.55. Pax Dollar are under circulation, with total supply of 145.73M and the Maximum supply of 0.

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USDP to INR Price Statistics

Live Pax Dollar Price in INR

USDP to INR

₹83.02

Percentage Change ( 24h )

0.03%

₹0.0902
24h High / Low

₹83.10 /

₹83.01

Trading Volume 24h

₹84,382,041.55

Volume / Market Cap

0.00697

Market Dominance

0.01%

Market Rank

339

Market Cap

₹12,098,183,761.28

Fully Diluted Market Cap

₹12,098,183,761.67

All Time High

₹167.92

4004.27%
All Time Low

₹72.45

9412.30%
Circulating Supply

145,732,289 USDP

Total Supply

145,732,289 USDP

Max Supply

-