How to buy PAX Gold
Read moreIs PAXG same as gold?
The amount of gold representing the total supply of PAXG is a 1:1 ratio – one fine troy ounce of gold equals one PAXG token . The total supply of gold representing PAXG changes continuously as the market capitalization of PAXG increases and decreases.
Read moreHow do I redeem PAXG gold?
Redeem for Physical: You may redeem for a Physical gold bar by initiating a sell request through the Paxos wallet dashboard on the PAX Gold page . For redemption of PAXG into Gold Bars, you will need to have a minimum of 430 PAXG plus fees given that London Good Delivery gold bars range from 370-430oz.
Read moreDoes Coinbase support PAXG?
(PAXG / USD) PAX Gold is not supported by Coinbase .
Read moreHow can I buy PAXG?
How to buy PAXG on Kraken
Read moreIs Pax gold real gold?
Paxos Gold (PAXG) is a crypto asset backed by real gold reserves held by Paxos, a for-profit company based in New York. Each PAXG token is redeemable for 1 troy fine ounce of gold custodied in vaults by Paxos and its partners, and its market value is meant to mirror the physical gold it represents.
Read moreHow does PAX gold make money?
Cascarilla says PAX Gold will make money by charging a small premium on the gold, and also by charging a “tokenization” fee at time of initial purchase that will be 1% of the purchase of a single ounce , but that will drop significantly for larger purchases.
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