PAXG

PAX Gold price
PAXG
#122

$2,781.09  

0.80% (1d)

PAX Gold to USD Chart

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PAX Gold statistics
Market cap
$547.22M

1.01%

Volume (24h)
$10.75M

34.67%

FDV
$547.22M
Vol/Mkt Cap (24h)
1.96%
Total supply
196.76K PAXG
Max. supply
Circulating supply
196.76K PAXG
PAXG to USD converter
PAXG
USD
Price performance
24h 
Low
$2,759.16
High
$2,784.67
All-time high
Apr 22, 2020 (5 years ago)
$3,487.68
-20.26%
All-time low
Oct 26, 2019 (5 years ago)
$1,387.98
+100.37%
See historical data


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About PAX Gold

What Is Pax Gold (PAXG)?

Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.

The main goal behind Pax Gold is to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why Paxos Standard decided to create a cryptocurrency entirely backed by gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.

Who Are the Founders of Pax Gold?

What Makes Pax Gold Unique?

How Many Pax Gold (PAXG) Coins Are There in Circulation?

How Is the Pax Gold Network Secured?

Where Can You Buy Pax Gold (PAXG)?

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