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 moreWhen was PAXG coin launched?
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019 .
Read moreWhat is Pax in crypto?
Paxos (PAX) is a USD-pegged cryptocurrency, otherwise known as a stablecoin developed by Paxos Trust Company . It is regulated by the New York State Department of Financial Services, with deep experience as an intermediary between fiat and digital assets.
Read moreIs ERC-20 a PAXG?
Paxos Gold (PAXG) is an ERC20 token that is Centrally Minted and Burned by Paxos, representing the physical ownership of LBMA accredited Gold Bars.
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