- #159
PAX Gold PAXG
PAXG Price
Market Cap
$438.60 MRank #159FDV
$438.07 MRank #242Investors
Twitter Followers
Twitter Performance
805Rank by Twitter #1443- 0
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Detailed Performance
PAXG shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
PAXG to USD Converter
Price History
- All-Time High
- $2,878.161.21x to ATH
- All-Time Low
- $1,388.811.72x to ATL
- Trade Launch Date
- 26 Sep, 2019
1668 days ago
Exchanges
Exchanges type
About PAXG
Pax Gold (PAXG) is a tokenized form of gold where each token represents ownership of one fine troy ounce of a London Good Delivery gold bar. The physical gold is securely stored in professional vault facilities under the custody of Paxos Trust Company. PAXG allows for the benefits of owning physical gold, such as legal ownership and value tied to real-time market prices, while also offering the divisibility, fungibility, and tradability of a digital asset.
What makes PAX Gold unique?
PAX Gold (PAXG) is unique compared to other cryptocurrencies because it is an asset-backed token that represents ownership of physical gold. Each PAXG token is backed by one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. This means that PAXG has a direct correlation to the real-time market value of physical gold. Additionally, PAXG combines the advantages of physical gold, such as legal ownership and intrinsic value, with the divisibility, fungibility, and tradability of digital assets like Bitcoin. This makes PAXG a unique hybrid of physical and digital assets.
Live PAX Gold Price Data
The current price of PAX Gold (PAXG) is approximately $2,388.00, reflecting a decrease of -0.39% in the last 24 hours. The PAXG trading volume in the last 24 hours stands at $8.15 million. PAX Gold's market cap is currently $438.60 million, accounting for about 0.02% of the total crypto market cap. The circulating supply of PAXG is 183,446.96.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand PAX Gold's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PAXG, check out our crypto insights page.
Official Links
PAXG to USD Converter
Price History
- All-Time High
- $2,878.161.21x to ATH
- All-Time Low
- $1,388.811.72x to ATL
- Trade Launch Date
- 26 Sep, 2019
1668 days ago