Pax Gold (PAXG) coin page
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Pax-gold statistics
81st / 10.1K
201st / 10.1K
Sponsored
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Official links
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Rating · Based on 3 institutional ratings
4.1
Audits
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Supported wallets
PAXG to USD Converter
PAXG
USD
Price performance
24h
Low
$1,955.58
High
$1,968.38
All-time high
Apr 22, 2020
(
3 years ago
)
$3,487.68
-43.8
%
All-time low
Oct 26, 2019
(
4 years ago
)
$1,387.98
+
41.23
%
Popularity
In watchlists56,148x
619th / 10.1K
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PAX Gold news
About PAX Gold
Contracts
More
Official links
Website
Socials
Rating · Based on 3 institutional ratings
4.1
Audits
Network information
Chain explorers
Supported wallets
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
The main goal behind Pax Gold is 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.
PAX Gold Markets
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