PAXG (PAX Gold)
PAXG is a gold-backed cryptocurrency issued by Paxos, a company regulated by the New York Department of Financial Services. Each PAXG token equates to one troy ounce of a London Good Delivery gold bar, held in secure vaults by Paxos and its affiliates. Built on the Ethereum blockchain and adhering to the ERC-20 standard, PAXG facilitates easy trading, storage, and transfer across platforms supporting Ethereum tokens. PAXG holders can redeem their tokens for physical gold or exchange them for US dollars at the prevailing gold market rate, offering investors a more accessible, liquid, and cost-efficient way to diversify their portfolio with a stable, trusted asset.
Available cryptocurrency pairs
Currency pair | Base currency | Quote currency |
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