What backs on-chain gold tokens with real gold? Many people can't answer!
PAX Gold (PAXG) is a gold token issued by Paxos. Each token represents one troy ounce of gold held in a London Good Delivery gold bar.
The difference between holding a gold token and holding physical gold is that tokens can be transferred around the clock and held in tiny fractions, but they add an extra layer of trust in the issuer.
Understanding how it works helps you make a more informed decision—not guess whether prices will rise or fall.
$PAXG 4150.92 (-0.32%)
This is not a recommendation. Buy or sell at your own discretion.
PAX Gold (PAXG) is a gold token issued by Paxos. Each token represents one troy ounce of gold held in a London Good Delivery gold bar.
The difference between holding a gold token and holding physical gold is that tokens can be transferred around the clock and held in tiny fractions, but they add an extra layer of trust in the issuer.
Understanding how it works helps you make a more informed decision—not guess whether prices will rise or fall.
$PAXG 4150.92 (-0.32%)
This is not a recommendation. Buy or sell at your own discretion.