Paxos is a trust company and custodian that is heavily regulated by the New York State Department of Financial Services. The PAX Gold token is also fully backed by allocated physical gold that is held in one of the most secure vaults worldwide. The supply of PAX Gold and underlying gold is audited every month.
Read moreWhat is Pax gold?
PAX Gold (PAXG) is an ERC-20 token (meaning it is compatible with the Ethereum blockchain and other networks that are based on Ethereum) that is pegged to one troy ounce of a 400-ounce London Gold Delivery gold bar. Holders of PAXG tokens actually own the underlying asset, which is held by the Paxos Trust Co.
Read moreWhat is gold in Binance?
PAX Gold (PAXG) is a digital asset issued by Paxos . Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.
Read moreIs gold coin a cryptocurrency?
What is Goldcoin? GoldCoin GLC is a peer to peer cryptocurrency which was created by an anonymous person in 2013. Goldcoin like Bitcoin has no single company or individual owner. It is decentralized and open source and belongs to the world.
Read moreHow do you get Pax gold on Binance?
How to Buy PAX Gold (PAXG) [For Beginners]
Read moreIs Pax gold on Binance?
Binance will list PAX Gold (PAXG) and open trading for PAXG/BTC, PAXG/BNB and PAXG/BUSD trading pairs at 2020/08/26 12:00 PM (UTC).
Read moreIs Pax gold legit?
Paxos is a trust company and custodian, regulated by the New York State Department of Financial Services . PAXG is also approved and regulated by the DFS and fully-backed by allocated gold held in the most secure, leading vaults in the world.
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