PAX Gold logo

PAX Gold

CryptoCrypto
Symbol: PAXG
PAXG

Price

Fundamentals

Rank

 
#166

Market Cap

 
$509.29M

Circulating Supply

 
197,588.00

Frequently asked questions

What is the rank of PAX Gold by market capitalization?

PAX Gold holds the #166 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of PAX Gold compared to other digital assets in the crypto market.

What is the market capitalization of PAX Gold?

The market capitalization of PAX Gold is $509.29M. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many PAX Gold are there?

The circulating supply of PAX Gold is 197,588.00. This figure represents the number of coins that are currently available and actively traded in the market.

Pricing

1D span
$2,527.08$2,585.98
52W span
$1,940.90$2,782.38

Information

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.

Identifier

Symbol

PAXG

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