PAX Gold Rank 99
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187,070 PAXG

PAX Gold
PAX Gold
PAXG

PAX Gold Price
$ 2,361.09

PAX Gold 24h Vol
$49,937,172

PAX Gold Market Cap
$441,688,752

24h Vol
986 BTC
1 H
0.55 %
24 H
-4.53 %
7 d
-1.55 %
Today PAX Gold price in US dollars is currently 2,361.09 USD, and if converted to Bitcoin is 0.04662706 BTC. A total of 187,070 PAXG are currently circulating in the Market. PAX Gold price is currently experiencing a change of -4.53 %, and check here all cryptocurrency. Over the past 24 hours 0.499 M US dollars PAX Gold have been traded on Crypto Exchanges. Get PAX Gold's progress by adding it to your favourites and creating a free portfolio.
Full Name
PAX Gold
Symbol
PAXG
Algorithm
ETH Token
BTC Price
0.04662706 BTC
BTC Market
8,723 BTC
BTC 24h Vol
986 BTC
Total Coins Mined
187,070 PAXG
1h
0.55 %
24h
-4.53 %
7d
-1.55 %
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Description

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.

ICO Details

ICO Details


ICO Status Upcoming
Token Supply 2800000000
Start Date 2019-07-22
End Date 2019-09-30
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) N/A
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/paxos
White Paper https://ezys-cdn.s3.us-east-2.amazonaws.com/images/pdfPaper/WhitePaperEzyStayz16july.pdf

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