PAXG Price Today
PAX Gold price today is $1,654.88 with a 24-hour trading volume of $8,411,688. PAXG price is up 0.7% in the last 24 hours. It has a circulating supply of 310 Thousand PAXG coins and a total supply of 307 Thousand. If you are looking to buy or sell PAX Gold, Bitget is currently the most active exchange.
What was the highest price for PAX Gold?
PAX Gold hit an all time high of $2,241.37 on May 17, 2021 (over 1 year).
What was the lowest price for PAX Gold?
PAX Gold had an all time low of $1,399.64 on Nov 18, 2019 (almost 3 years).
What was the 24 hour trading volume of PAX Gold?
The 24 hour trading volume of PAX Gold is $8,411,688.
Where can PAX Gold be traded?
PAX Gold (PAXG) is an asset-backed token where one token should represent 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.