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Total Coins 4668, Coins available on exchanges 3101

PAX Gold
PAXG 0.1939
0.1939

Price % High24hr Low24hr Volume MarketCap Supply LastMarket ProofTypeAlgorithm StartDate
0.1939 2.66% 0.1960 0.1889 0.93 0 0 Kraken N/AN/A 2019-08-29
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Description from cryptocompare.com

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.

Top Exchanges

ExchangePairVolumeVolumeTo
Kraken PAXG/BTC 31.20 6.07
HitBTC PAXG/BTC 0.01 0.00