Crypto coin

PAX Gold (PAXG)

PRICE $ 3,731.78 AUD

24H% +2.47%

loading

Buy PAX Gold (PAXG)

What is Pax Gold (PAXG)?

With the help of Pax Gold (PAXG), investors can hold actual gold without having to worry about shipping or storage costs. Each PAXG token is backed by a single fine troy ounce of gold, which is kept in custody by the Paxos Trust Company, an authorised financial institution that guarantees the integrity and security of the gold reserves.

The History of Pax Gold

Paxos, a financial technology company that specialises in blockchain-based financial solutions, introduced Pax Gold in September 2019. The platform enables investors to own and trade gold in a secure and effective manner utilising blockchain technology, bridging the gap between conventional financial assets and the technology.

The Use Case of Pax Gold

The goal of Pax Gold is to give investors a safe, easy, and transparent option to buy gold without the need for delivery or storage of physical assets. Investors can profit from the price of gold, which has traditionally been viewed as a safe-haven asset, while avoiding the risks and expenses related to owning actual gold by investing in PAXG.

Due to its quick global transmission and suitability for a range of use cases, including cross-border payments, remittances, and merchant payments, Pax Gold can also be used as a form of payment.

websiteCommunityTwitter

PAXG Price Statistics

coingecko
PAX Gold Price
$3,731.78
24H Low/24H High
$3,612.75/$3,837.48
7D Low/7D High
$2,311.8738/$2,667.1675
Trading Volume
$56,788,635.00
Market Cap Rank
#170
Market Cap
$679,471,925.00
Volume/Market Cap
$0.083578
All-Time High
$4,401.72 -15.48%
13 Apr 2024 (2 days)
All-Time Low
$2,053.10 81.20%
18 Nov 2019 (over 4 years)
earn yield

Crypto-backed loans

Home of Australia’s
Crypto-Backed Loans

See how much you could borrow using our calculator

block earner

How much could you borrow?

My security is

The value of my security is

How much you'd like to borrow

  • 1.

    Sign Up

    Open your account

  • 2.

    Get Verified

    Verify your identity

  • 3.

    Move Your Money

    Get started in minutes

Get StartedArrow

Newsroom

Stay updated

FAQs

Your questions, answered

Get in touch

Contact us