Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019 .
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 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 morePaxgold ne kadar?
PAX Gold bugünkü fiyatı ₺24,244.34 TRY, 24 saatlik işlem hacmi ₺123,615,065 TRY.
Read moreWhat is the difference between Pax and PAXG?
Technically, PAX Gold falls under the same conventions set for Paxos Standard , (a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens) in addition to the necessary frameworks needed for heavy physical commodities. PAXG offers a regulated custodial solution that is regulated by the NYDFS.
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