PAX Gold (PAXG)
Market Cap Rank #192
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$2,298.29
(-0.42%)
Price (USD)
$423,633,551
Market Cap (USD)
-0.34%
1h change
-0.42%
24h change
-4.04%
7d change
15.29%
1y change
Info
Price in Bitcoin: 0.03571439 BTC
All-time high change: -19.56%
Data updated: {{ dayjs('2024-04-25T00:25:09Z').format('LLL') }}
Key Values of PAX Gold
| Low 24h | High 24h | All-Time High (Date) | Market Cap | Volume (24h) | Circulating Supply | Total Supply |
|---|---|---|---|---|---|---|
| $2,292.53 | $2,318.54 | $2,855.83 ({{ dayjs('2024-04-13').format('LL') }}) | $423,633,551 | $8,736,885 | 184,252 PAXG | 184,252 PAXG |
PAX Gold Chart
Description
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.
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.
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.
Data provided by CoinGecko API.
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