PAXG Live Price
Overview
Price
$2,619.28
24h% change
0.7%
Volume (24h)
$22.102M
Market Cap
$522.080M
What Is PAX Gold
Pax Gold (PAXG) emerged as a gold-backed cryptocurrency from the minds behind Paxos Standard (PAX) in September 2019. Functioning as an ERC-20 token on Ethereum's blockchain, PAXG is tradable across numerous exchanges, providing traders with a convenient entry point into gold investments.
The primary aim driving Pax Gold is to enhance the tradability of gold. The physical commodity faces challenges in divisibility and transport flexibility. Hence, Paxos Standard opted to create a cryptocurrency fully supported by gold. According to the official whitepaper, Pax Gold was crafted to enable investors to purchase infinitesimally small amounts of gold via the cryptocurrency, effectively eliminating minimum buy limits for this valuable commodity.
Where to Accept paxg?
We offer easy crypto currency payment solutions through our service, allowing you to receive PAX Gold and over 233 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.
What is the all-time high for PAX Gold (paxg)?
PAX Gold’s historic highest price is $2,855.83, which was recorded on 13th of April 2024. Currently, PAX Gold’s price is %8 Lower than its historic high.
What is the all-time low for PAX Gold (paxg)?
PAX Gold’s historic lowest price is $1,399.64, which was recorded on 18th of November 2019. Currently, PAX Gold’s price is %87.7 Higher than its historic low.
What are the most important factors affecting the price of PAX Gold (paxg)?
Let's take a look at the important factors that impact PAX Gold's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.
