What is PAX Gold?
Pax Gold (PAXG) is a cryptocurrency backed by physical gold. Each token represents one troy ounce of a London Good Delivery gold bar, stored in professional vaults in London. Because it's tied to real bullion, PAXG tracks the live gold price.
Paxos launched PAXG in September 2019. It runs on Ethereum, so you can trade, transfer and hold it like any other digital asset, without the cost of storing or shipping bars. People use PAXG to hold gold with the flexibility of crypto, buy small fractions of an ounce, and redeem tokens for physical gold. The gold backing is audited regularly.
- Market cap$2.6BThe current price of PAX Gold multiplied by its current circulating supply.
- 24hr volume$58.9MThe total dollar value of all PAX Gold transactions over the past 24 hours. Includes data from all exchanges, not just bitcoin.com.au.
- Max supplyInfiniteThe maximum amount of PAX Gold that will be in circulation.
- Supply434.9KThe amount of PAX Gold that is currently liquid and in circulation.
Buying PAX Gold (PAXG)
You can buy PAX Gold using our fast, simple and safe platform. Sign up on your desktop browser or on our mobile app.