Is Pax gold a good buy?

Even though the price of gold can be volatile in the short term, historically it has always maintained its value over the long term. For this reason, many investors use it as a hedge against inflation, making it an investment worth considering .

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Who owns Pax gold?

Who created Paxos Gold? Founded in 2012 by Charles Cascarilla and Rich Teo , Paxos is a startup specializing in the building of infrastructure for the exchange of cryptocurrency. In 2018, Paxos released Paxos Standard (PAX), a crypto asset backed 1:1 with a reserve of U.S. dollars stored by Paxos in U.S. bank accounts.

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