PAX Gold

PAXG Price

What is PAX Gold about?

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.

What makes PAX Gold unique?

PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.

What can PAX Gold be used for?

At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

Where can you buy PAX Gold?

PAXG tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade PAX Gold is Binance, where the most active trading pair PAXG/USDT has a trading volume of $22,393,713.44 in the last 24 hours. Other popular options include Toobit and Kraken.

What is the daily trading volume of PAX Gold (PAXG)?

The trading volume of PAX Gold (PAXG) is $176,829,413.51 in the last 24 hours, representing a -12.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for PAX Gold (PAXG)?

PAX Gold (PAXG) reached an all-time high of $5,619.09 and an all-time low of $1,399.64. It’s now trading -22.80% below that peak and 209.90% above its lowest price.

What is the market cap of PAX Gold (PAXG)?

Market capitalization of PAX Gold (PAXG) is $1,886,697,192 and is ranked #54 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PAXG tokens (430 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of PAX Gold (PAXG)?

The fully diluted valuation (FDV) of PAX Gold (PAXG) is $1,886,697,192. This is a statistical representation of the maximum market cap, assuming total number of 430 Thousand ETH tokens are in circulation today.

How does the price performance of PAX Gold compare against its peers?

With a price increase of 0.30% in the last 7 days, PAX Gold (PAXG) is underperforming the global cryptocurrency market which is up 14.40%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 7.60%.

How to add PAX Gold (PAXG) to MetaMask?

Adding PAX Gold (PAXG) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PAXG as a token. You can copy PAXG’s contract address (0x45804880de22913dafe09f4980848ece6ecbaf78) and import it manually, or if you've installed MetaMask's chrome extension, add PAXG to MetaMask with one click on CoinGecko.

Add PAXG to MetaMask.