PAX Gold Trading Up 1% Over Last 7 Days (PAXG) Posted by Carolyn Dwyer on Feb 12th, 2021
PAX Gold (CURRENCY:PAXG) traded 0.9% higher against the US dollar during the 1-day period ending at 21:00 PM E.T.on February 12th.One PAX Gold coin can currently be purchased for approximately $1,850.32 or 0.03879676 BTC on major cryptocurrency exchanges.PAX Gold has a total market cap of $126.77 million and approximately $6.32 million worth of PAX Gold was traded on exchanges in the last 24 hours.In the last week, PAX Gold has traded up 1% against the US dollar.
Here is how other cryptocurrencies have performed in the last 24 hours: Get PAX Gold alerts: Chainlink (LINK) traded 15.6% higher against the dollar and now trades at $31.68 or 0.00066427 BTC.Aave (AAVE) traded 1.4% higher against the dollar and now trades at $528.92 or 0.01109014 BTC.Synthetix (SNX) traded up 3.2% against the dollar and now trades at $27.52 or 0.00057698 BTC.The Graph (GRT) traded up 27.6% against the dollar and now trades at $2.49 or 0.00005213 BTC.
THETA (THETA) traded 3.9% higher against the dollar and now trades at $3.05 or 0.00006397 BTC.Maker (MKR) traded up 7% against the dollar and now trades at $2,735.92 or 0.05736564 BTC.Huobi Token (HT) traded 2.7% higher against the dollar and now trades at $13.07 or 0.00027406 BTC.Solana (SOL) traded 1.6% higher against the dollar and now trades at $9.29 or 0.00019470 BTC.
SushiSwap (SUSHI) traded 0.7% higher against the dollar and now trades at $17.09 or 0.00035829 BTC.Crypto.com Coin (CRO) traded 4.3% higher against the dollar and now trades at $0.0904 or 0.190 BTC.
PAX Gold Coin Profile PAX Gold is a coin.Its genesis date was August 29th, 2019.
PAX Gold’s total supply is 68,513 coins.PAX Gold’s official website is www.paxos.com/paxgold .PAX Gold’s official Twitter account is @PaxosGlobal and its Facebook page is accessible here .The official message board for PAX Gold is medium.com/paxos .
According to CryptoCompare, “PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.
Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company.
Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset.Customers are able to have fractional ownership of physical bars.
On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk.PAXG is also available for trading on Paxos’ itBit exchange.PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.“
Buying and Selling PAX Gold
PAX Gold can be bought or sold on these cryptocurrency exchanges: .
It is usually not currently possible to purchase alternative cryptocurrencies such as PAX Gold directly using U.S.dollars.Investors seeking to trade PAX Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S.dollars such as GDAX, Coinbase or Changelly.Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PAX Gold using one of the exchanges listed above.Receive News & Updates for PAX Gold updates for PAX Gold and related cryptocurrencies CryptoBeat newsletter .«.