What makes an on-chain gold token backed by real gold?
1 troy ounce is approximately 31.1 grams, and international gold prices are usually quoted per troy ounce.
PAXG is an ERC-20 token on Ethereum, so on-chain transfers also require ETH to pay for Gas.
When managing funds, the most important thing to check is who the issuer is, where the gold bars are stored, and how often attestation reports are published.
$PAXG 4063.68（-0.048%）
1 troy ounce is approximately 31.1 grams, and international gold prices are usually quoted per troy ounce.
PAXG is an ERC-20 token on Ethereum, so on-chain transfers also require ETH to pay for Gas.
When managing funds, the most important thing to check is who the issuer is, where the gold bars are stored, and how often attestation reports are published.
$PAXG 4063.68（-0.048%）