Contract | Verify address w/ multiple resources & DYOR |
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Blockchain | |
Website | https://www.paxos.com/paxgold |
Community |
Today's PAX Gold price is $1,865, which is up <1% over the last 24 hours. PAX Gold's market cap is $501.27M. 24 hour PAXG volume is $12.89M. It has a market cap rank of 95 with a circulating supply of 268,725 and max supply of 268,725. PAX Gold is traded on exchanges. PAX Gold had an all-time high of $2,093 over 2 years ago. Over the last day, PAX Gold has had 0% transparent volume and has been trading on 169 active markets with its highest volume trading pairs being .
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PAX Gold Price (24hr) | $1,865.36 (+0.15%) |
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Market Cap | $501.27M (+0.15%) |
Trading Volume (24hr) | $12.89M (-6.23%) |
Transparent Vol. (24hr) | Unknown |
Transparency Grade | Unknown |
Circulating Supply | 268,725 (100.00%) |
All-Time High | $2,092.63-10.86% |
7D Price Prediction | $1,845.55 |
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.
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.
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