Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019 .
Read moreDoes Coinbase have PAXG?
PAX Gold is not supported by Coinbase .
Read moreHow does pax gold work?
How Does PAX Gold Work? Every PAXG token is backed by one ounce of allocated gold stored in Brink’s vaults . For smaller amounts, physical gold retailers are used to help investors redeem their tokens. PAXG uses the same consensus protocol and blockchain features as Ethereum, including access to smart contracts.
Read moreHow much is Pax gold worth?
PAXG Price Statistics PAX Gold Price$1,960.24Trading Volume24h$24,332,258.70 42.85%Volume / Market Cap0.03908Market Dominance0.03%Market Rank#114PAX Gold price today, PAXG to USD live, marketcap and chart coinmarketcap.com › currencies › pax-gold
Read moreIs Pax gold a stable coin?
Pax Gold is a stablecoin created by Paxos Standard that is backed by physical gold. Each PAXG token is backed by one fine troy ounce of a 400 oz London Good Delivery gold bar, which are stored in Brink’s vaults.
Read moreIs PAXG backed by gold?
PAXG is now backed by gold secured in Brinks vaults and held in custody through the Paxos Trust Company.
Read moreWill Coinbase add PAXG?
PAX Gold is not supported by Coinbase .
Read more