PAX Gold (PAXG) is a cryptocurrency or a form of digital asset. PAX Gold (PAXG) price for today is $ 1,616.81 or 0.19 BTC with a 24-hour trading volume of $ 853,023. PAXG price changes -4.82 % in the last 24 hours. It has a circulating supply of 11,186 coins and a max supply of 0 coins.
PAX Gold (PAXG) is an asset-backed token where one token represents 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 Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.
|PAX Gold Rank||269|
|PAXG/USD Price||$ 1,616.81|
|PAXG/BTC Price||฿ 0.19|
|24h Vol||$ 853,023|
|Market Cap||$ 18,086,308|
|Full Name||PAX Gold (PAXG)|
|Available/Total Supply||11,186 - 0|