Coin Overview
PAX Gold (PAXG) is a digital asset issued by Paxos. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company. A user can choose to redeem her PAXG tokens with Paxos, and receive the corresponding value her tokens represent in USD. If a user holds more than 430 PAXG tokens, she has the choice to redeem her tokens in exchange for physical gold bars.
Ranking
No.79
Market Capitalization
$932.70m
Market Dominance Index
0.0278%
Circulating Supply
278583 PAXG
Maximum Supply
-- PAXG
Total Supply
278583 PAXG
Issue Date
2019-09-05
Historical High
$3520.3451067525675
2025-04-22
Historical Low
$1387.97650287
2019-10-27
*
Data is provided by CMC for reference only. It does not constitute any form of representation or warranty.
Trading Rules
Min. Trade Amount
0.0015 PAXG
Max. Trade Amount
No limit
Limit Buy Order Price Cap Ratio
50.00%
Limit Sell Order Price Floor Ratio
50.00%
Fee
0.01%
Min. Price Movement
0.01 USDT
Price Precision
0.01
Max. Number of Open Orders
No limit
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