Pax Dollar (USDP) Logo Thumb Pax Dollar USDP

Rank #78 Cryptocurrency

Price Pax Dollar (USDP)
14,300.005414   0.434682%

Market Cap. : IDR 7,330,934,221,000 0.434682%

Pax Dollar Price Live Data

The live Pax Dollar price today is IDR 14,300.005414 with a 24-hour trading volume of IDR 131,462,054,070. We update our USDP to price in real-time. Pax Dollar is 0.434682% in the last 24 hours. The current ranking is #78, with a live market cap of IDR 7,330,934,221,000. It has a circulating supply of 512,653,000 USDP coins and a max. supply of 0 USDP coins.

If you would like to know where to buy Pax Dollar , the top cryptocurrency exchanges for trading in Pax Dollar stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Pax Dollar to IDR


What is Pax Dollar (USDP)?

"Paxos Standard is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. The Paxos Standard tokens (PAX) are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 by USD held in Paxos-owned US bank accounts. It is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and BUSD."

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Buying tips Pax Dollar (USDP)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Pax Dollar (USDP). Technically you can combine several indicators to get the right formula for determining the entry point Pax Dollar. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Pax Dollar can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Pax Dollar can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Pax Dollar. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Pax Dollar. So when is the right time? the following are brief tips.

  • When the price Pax Dollar is high, the first moment that could be a good time to sell Pax Dollar is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Pax Dollar Rise In the Short Term, Very fast price fluctuations make investors Pax Dollar too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Pax Dollar experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Pax Dollar owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Pax Dollar high, Price increase & decrease chart Pax Dollar can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Pax Dollar, of course, besides that there are many other indicators that you can use to trade/invest.