About gold tokens:
PAXG is an ERC-20 token on Ethereum, and on-chain transfers also require ETH to pay for gas.
The price of a gold token moves with the price of gold because it can be redeemed according to the rules: when its price deviates too much from the gold price, arbitrageurs bring it back in line.
$PAXG 4151.59(-0.14%)
#PAXG
PAXG is an ERC-20 token on Ethereum, and on-chain transfers also require ETH to pay for gas.
The price of a gold token moves with the price of gold because it can be redeemed according to the rules: when its price deviates too much from the gold price, arbitrageurs bring it back in line.
$PAXG 4151.59(-0.14%)
#PAXG