Cryptocurrency PAX Gold (PAXG)
The price for PAX Gold (PAXG) cryptocurrency is currently 1.91K $ (15 min delay),
daily range of currency change is 1.91K - 1.93K .
Last 24 hours news: trading volume - 10.29M $, price variance -0.41% .
The highest trading volume belongs to the pair PAXG/USDT at the Bitget exchange
Project Website - https://www.paxos.com/paxgold/
Explorer of transactions - https://etherscan.io/token/0x45804880de22913dafe09f4980848ece6ecbaf78
Twitter Account - https://twitter.com/paxosglobal
Chart PAX Gold (PAXG)
|Current price PAX Gold (paxg)||1.91K $|
|Market Capitalization||501.47M $|
|Trading Volume last 24h||8.41M $|
|Minimum exchange rate (24h)||1.86K $|
|Maximum exchange rate (24h)||1.88K $|
|Market cap rank||№ 94|
|Absolute maximum||2.24K $|
|Absolute minimum||1.40K $|
PAX Gold Quotes
|0.06%||2.51M $||2023-02-07 11:47:38|
|0.05%||1.31M $||2023-02-07 11:46:27|
|0.05%||1.30M $||2023-02-07 11:40:55|
|0.11%||949.26K $||2023-02-07 11:48:01|
|0.11%||669.83K $||2023-02-07 11:40:54|
What is PAX Gold (PAXG)
PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.
PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxosâ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.
At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.