- PAX Gold (PAXG) is a digital asset issued by Paxos. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.
- A user can choose to redeem her PAXG tokens with Paxos, and receive the corresponding value her tokens represent in USD. If a user holds more than 430 PAXG tokens, she has the choice to redeem her tokens in exchange for physical gold bars.
- Paxos charges fees for both the creation and redemption of the PAXG token. The minimum purchasable amount on the Paxos platform is 0.01 PAXG.
- The issuance of PAXG is approved by the New York State Department of Financial Services (NYDFS).
Ranking 151/174 PAXG Price $1,758.23 Price Change 24h $17.73 24h Low / 24h High $1,738.47 / $1,763.18 24 Hour Trading Vol $13,377,083.31 Market Cap $305,721,464.83 Max Supply 173,867 Circulating Supply 173,867 PAXG Price History 7d Low / 7d High $1,703.49 / $1,810.8330d Low / 30d High $1,703.49 / $1,839.0790d Low / 90d High $1,703.49 / $2,035.1252 Week Low / 52 Week High $1,692.92 / $2,077.03All Time High $3,487.68 Website About PAXG Technical Analysis PAXG/USDT https://www.tradingview.com/x/R1FJ6oud/
PAX Gold (PAXG) Research Project Report
