PAX Gold (PAXG)
$ 2,512.0000
Capitalization
Volume
Use Case
Token Supply
Token Supply
Characteristic
About PAX Gold
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. It operates as a ERC-20 token on the Ethereum blockchain, and tradeable on various exchanges as an accessible way for traders to start investing in gold. PAXG aims to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why Paxos Standard decided to create a cryptocurrency entirely backed by gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.
Latest PAX Gold News View All
Paxos Freezes PAXG Tokens Related to FTX - Paxos
PAXG Exclusive - Gold Rush Campaign #3
Paxos Makes Fresh Push for DeFi Market With Oracle Integration
With Bitcoin at R500K have you already missed out?
CF Benchmarks launches PAX Gold-USD benchmark price index
PAX Gold: Crypto backed by gold but outperforms gold
Latest PAX Gold News View All
Paxos Freezes PAXG Tokens Related to FTX - Paxos
PAXG Exclusive - Gold Rush Campaign #3
Paxos Makes Fresh Push for DeFi Market With Oracle Integration
With Bitcoin at R500K have you already missed out?
CF Benchmarks launches PAX Gold-USD benchmark price index
PAX Gold: Crypto backed by gold but outperforms gold
PAX Gold Price
$ 2,512.0000
Capitalization
Volume
Use Case
Token Supply
Token Supply
Characteristic
About PAX Gold
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. It operates as a ERC-20 token on the Ethereum blockchain, and tradeable on various exchanges as an accessible way for traders to start investing in gold. PAXG aims to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why Paxos Standard decided to create a cryptocurrency entirely backed by gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.