PAX Gold

PAXG

Rank #44

$4,528.84

+0.95%

24h

L: $4,458.95H: $4,540.08

Buy PAXG on Binance →Trade on Bybit →

Affiliate links. CipherDesk earns a commission on sign-ups. Disclosure

Market Cap

$2.13B

Volume 24h

$145.45M

Circulating Supply

470.3K

PAXG

Max Supply

∞

Unlimited

All-Time High

$5,619.09

-19.38% from ATH

All-Time Low

$1,399.64

Price Performance

24 Hours+0.95%

7 Days-3.44%

30 Days-5.91%

1 Year+37.08%

About PAX Gold

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 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.