Gold tokens in a nutshell:
PAXG holders can redeem their tokens for physical gold bars or US dollars according to the issuer’s rules. Minimum requirements and fees are determined by the issuer.
The difference between holding gold tokens and holding physical gold is that tokens can be transferred around the clock and held in tiny fractions, but they also require trusting the issuer.
The price of gold tokens mainly tracks the price of gold, which can rise or fall. Don’t treat gold tokens as stablecoins.
$PAXG 3940.7（+1.07%）
Just my personal opinion, not investment advice.
PAXG holders can redeem their tokens for physical gold bars or US dollars according to the issuer’s rules. Minimum requirements and fees are determined by the issuer.
The difference between holding gold tokens and holding physical gold is that tokens can be transferred around the clock and held in tiny fractions, but they also require trusting the issuer.
The price of gold tokens mainly tracks the price of gold, which can rise or fall. Don’t treat gold tokens as stablecoins.
$PAXG 3940.7（+1.07%）
Just my personal opinion, not investment advice.
