PAX Gold

PAX Gold (PAXG) is a digital asset where each token corresponds to one fine troy ounce of a London Good Delivery gold bar, securely stored in professional vaults. The value of PAXG is directly linked to the real-time market value of the physical gold it represents.

With PAXG, customers enjoy the advantages of owning specific gold bars combined with the convenience and flexibility of a digital asset. It allows for fractional ownership of physical bars. On the Paxos platform, users can quickly and efficiently convert their tokens into allocated gold, unallocated gold, or fiat currency, minimizing settlement risk. PAXG can be traded on Paxos’ itBit exchange and other crypto-asset exchanges, wallets, lending platforms within the crypto ecosystem.

Furthermore, PAXG holders can verify the serial number, value and physical attributes of their vaulted gold at any time by entering their Ethereum wallet address on the PAXG lookup tool found on Paxos.com/paxgold.

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