PAXG Cryptocurrency: Gold-backed Pax Gold coin, which aims to make gold more tradable and allow investors to purchase indefinitely small amounts of gold, thus virtually eliminating minimum purchase limits on the commodity.
Launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 coin running on the Ethereum blockchain, the PAXG cryptocurrency can be traded on a wide variety of exchanges and has become a popular way to accessible for traders to start investing in gold. .
PAXG digital token project
Each PAXG token is backed by a small portion of London Good Delivery gold, which is stored in the vaults of Brink’s Gold, the London Bullion Market Association’s approved storage company.
By combining the security and liquidity of the blockchain-based digital currency PAXG and the well-established name of gold as a physical product, Pax Gold offers a new investment opportunity for traders. The PAXG cryptocurrency has inspired other cryptocurrency developers to create gold-backed coins as well.
PAXG Cryptocurrency Founders
Charles Casarella is the founder and CEO of both Paxos Standard and Pax Gold. His extensive career in money management has led him to explore the enormous possibilities that cryptocurrencies offer.
The beginning of his career in finance and capital management came after earning a finance degree from the University of Notre Dame, where he co-founded Cedar Hill Capital Partners and several traditional and blockchain-based venture capital projects.
PAXG cryptocurrency information
- The total number of PAXG tokens is more than 200 thousand
- Ethereum smart contract address: here
- Official website: here
- The official Twitter account: here
HOW TO PAXG Cryptocurrency
There are many places where you can buy PAXG cryptocurrencies, but the best one is Binance, where there is a high volume of daily transactions.
In case you do not have a Binance account, we recommend you read the following article that shows the steps to sign up with photos.
PAXG token price
PAX Gold (PAXG)