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Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.

Past Performance is not a reliable indicator of future results. Learn more about asset risks. Pricing data is provided by Uphold. Trading Fees Apply. Visit our fee schedule for more information.

About PAXG

PAXG is an ERC-20 token that acts as a digital representation of one troy ounce of a 400 oz London Good Delivery gold bar.

Token Utility

PAXG operates as a digital representation of real world gold, and can be used as an alternative way to access the asset class. PAXG can be viewed as a method to invest in gold, or to transfer value on-chain. PAXG can also be redeemed for physical gold.

Brief History

Developed by Paxos, a New York-based financial institution also responsible for Pax Dollar (USDP), PAXG is a cost-effective method of owning investment-grade gold. Each unit of PAXG is matched one-to-one with one fine troy ounce of gold stored in LBMA vaults in London. PAXG represents an innovative combination of a powerful legacy asset class that has been imbued with all the benefits of blockchain technology.  

PAXG  - in their own words

PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company.

For more information on PAXG, click here.

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