PAX Gold (PAXG)

Explore the unique features of PAX Gold, a cryptocurrency with a market capitalization of $1,906,034,920, a 24-hour trading volume of $203,425,498, and a circulating supply of 434,499 PAXG. Ranked #43 by market cap, with price changes of 0.43% (1h), 1.84% (24h) and 0.73% (7d).

PAX Gold (PAXG) is an asset-backed token where one token should represent 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…