Gold tokens explained in three sentences:
PAX Gold (PAXG) is a gold token issued by Paxos. Each token represents one troy ounce of gold in a London Good Delivery bar.
On-chain records can only show who owns the tokens. Whether the vault holds enough gold bars depends on attestation reports and the issuer’s compliance and creditworthiness.
Before buying a gold token, find out who the issuer is, where the gold bars are stored, and how often attestation reports are published.
$PAXG 4063.43（-0.044%）
#PAXG
This is just my personal opinion and should not be taken as a basis for buying or selling.
PAX Gold (PAXG) is a gold token issued by Paxos. Each token represents one troy ounce of gold in a London Good Delivery bar.
On-chain records can only show who owns the tokens. Whether the vault holds enough gold bars depends on attestation reports and the issuer’s compliance and creditworthiness.
Before buying a gold token, find out who the issuer is, where the gold bars are stored, and how often attestation reports are published.
$PAXG 4063.43（-0.044%）
#PAXG
This is just my personal opinion and should not be taken as a basis for buying or selling.