Dynamic and history value of price PAXG. Maximal value of price paxgold was 2143.29$ - 2020-08-07 02:00:22, Minimal price of PAXG was 1720.68$ value and fixed at 2020-07-07 11:00:19. Today price of paxgold is : 1923.23$
PAX Gold (PAXG) is an activity-supported token in which a token represents a fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Any person who owns PAXG has ownership rights over that gold in custody of the Paxos Trust Company. Since PAXG represents physical gold, its value is directly related to the real-time market value of that physical gold. PAXG offers customers the benefits of the real physical property of specific gold bars with the speed and mobility of a digital asset. Customers can have a fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens into assigned gold, unallocated gold or legal tender (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available to operate in the Paxos itBit exchange. PAXG will also be available in other cryptographic asset exchanges, portfolios, lending platforms and other parts of the cryptographic ecosystem. At any time, PAXG owners can search for the serial number, value and physical characteristics of their domed gold by simply entering their Ethereum wallet address in the PAXG search tool at Paxos.com/paxgold.