#170. PAX Gold (PAXG)
Price of 1 PAX Gold (PAXG) = $2,429.24 AUD
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.
PAXG Price Analysis
The price of PAXG has gone up 0.44% in the past 24 hours.
PAX Gold (PAXG) is a cryptocurrency token and operates on the Ethereum platform. PAX Gold has a current supply of 31,849.935. The last known price of PAX Gold is $1,907.23 USD and is down -0.47% over the last 24 hours. It is currently trading on 28 active market(s) with $1,050,286.449 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.
Information & prices last updated 1 minute ago. For latest PAX Gold prices and information visit swyftx.com.au
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