PAXG

PAX Gold is a unique asset-supported coin where one token denotes one adequate troy ounce (t oz) of a 400 oz London Good Delivery gold bar stowed in professional vault structures. Users who own PAXG have ownership privileges to that gold under the control of Paxos Trust Company. Since PAXG symbolizes physical gold, its worth is tied straight to the real-time market price of that physical gold. This highly accessible coin is built on the Ethereum blockchain as an ERC-20 token.

PAXG seeks to offer customers the advantages of absolute physical ownership of precise gold bars with the pace and mobility of a virtual asset. Furthermore, the token allows customers to have fractional licenses of physical bars. On the Paxos platform, consumers can aim to transform the tokens into either allocated gold or unallocated gold (and vice versa) very efficiently, thereby seeking to lessen settlement risk exposure.

At any point in time, PAXG holders can look at the serial number, worth, and physical aspects of the vaulted gold simply by entering the Ethereum wallet address on the accessible PAXG lookup tool (Paxos.com/paxgold).

PAX Gold is a leading choice for many individuals curious about owning physical gold as an acquisition since the token aims to be easily accessible, high-quality gold, and there are no storage fees.