What backs on-chain gold tokens with real gold? Many people can’t answer!
PAXG holders can redeem their tokens for physical gold bars or U.S. dollars under the issuer’s rules. The minimum requirements and fees are determined by the issuer.
The on-chain ledger can only show who owns the tokens. Whether the vault holds enough gold bars depends on audit reports and the issuer’s compliance and creditworthiness.
Understanding the rules helps you make a more informed decision; it isn’t a way to predict market movements.
$PAXG 4063.29(+0.022%)
#PAXG
Just sharing thoughts—whether you make or lose money, you’re responsible for the outcome.
PAXG holders can redeem their tokens for physical gold bars or U.S. dollars under the issuer’s rules. The minimum requirements and fees are determined by the issuer.
The on-chain ledger can only show who owns the tokens. Whether the vault holds enough gold bars depends on audit reports and the issuer’s compliance and creditworthiness.
Understanding the rules helps you make a more informed decision; it isn’t a way to predict market movements.
$PAXG 4063.29(+0.022%)
#PAXG
Just sharing thoughts—whether you make or lose money, you’re responsible for the outcome.